darent
Active member
Haystack has opened a office on Main Street in Nantucket seeking the summer 1% ers who frequent the Island.Their advertisement says " Get 50 Runs in a Day at New England only Private Ski Resort".
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Haystack Mountain Private Resort
- Thread starter darent
- Start date
Tin
Active member
There are a lot of places where 50 is possible. I bet 100 is possible at Crotched.
slatham
Well-known member
Tin, it's not the number of runs that they are emphasizing. It's the "only private ski resort" phrase. That gets the 1%ers blood (and money) flowing. God bless America. God bless (and help) Magic.........
VTKilarney
Well-known member
Didn't a second private resort open in Vermont this year?
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VTKilarney
Well-known member
Tin
Active member
Oh I know. Just an interesting thing that I think overshadows the private part of it.
steamboat1
New member
Don't be surprised if Stowe goes private in the not to distant future. Spruce Peak pretty much already is with no public parking available
steamboat1
New member
Second attempt with Plymouth Notch. Bear Creek failed.
Newpylong
Well-known member
Roundtop is a great little mountain.
Hypothetically if Hawk Mountain Resort bought Round Top, that might work well for making a private venture work there. You've got all those houses and condos right there; hotel with pool, spa and F&B facilities and lake Amherst property for water sports.
The HOA would likely never agree to buy into Round Top, but it would be almost a plug and play situation where you wouldn't need to build all the new amenities.
It could be a much lower cost private ski experience. You know for the 5% crowd instead of the 1% at Haystack
The HOA would likely never agree to buy into Round Top, but it would be almost a plug and play situation where you wouldn't need to build all the new amenities.
It could be a much lower cost private ski experience. You know for the 5% crowd instead of the 1% at Haystack
xwhaler
Active member
Driving up to Pico from Ludlow a couple times last yr and passing by Round Top I was surprised at how big it was...I was expecting a 300' bump with open meadow skiing.
It looked like it had some pitch to it and trails retained classic New England character.
It looked like it had some pitch to it and trails retained classic New England character.
BenedictGomez
Well-known member
For those here who wish to be accurate in their derisive, green-eyed, attempts at labeling wealthy people via a percentage, financially speaking I'd say the private ski area market is more like ~7% or ~8%'ers.
Tin
Active member
What's wrong with people who have green eyes?!
And ~7-8%? People who make $175k - $185k a year are not joining/probably can't afford to join Hermitage. People making $175k are not putting up over 40% of their annual income to join a ski club.
And $175k is being generous. Some government sources have 8% around $150-160k for an annual income.
Granted if they come from money sure it is possible, but I think you're pretty aloof when it comes to realizing how extreme economic stratification is in the U.S.
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steamboat1
New member
From what I've heard Hawk Mountain Resort is not doing to well financially. I know the Inn & restaurant were closed in 2012, not sure if they've reopened since. I know a couple who own a home there & they've told me Hawk is not putting any money into the place.
From Rutland Herald -
PLYMOUTH — A Plymouth vacation destination is closing its inn and restaurant due to difficult financial circumstances.
The Hawk Mountain Inn and Mountain Resort announced that its 50-room inn and award-winnng restaurant, The River Tavern, will no longer be serving guests as of Jan. 3. Jim Nielsen, Hawk Mountain executive vice president, confirmed the closures.
The Hawk Mountain Inn and Resort offered fine dining, rooms and suites, villas and seasonal rentals, a spa and fitness center and real estate.
Nielsen said the effects of a sluggish economy, Tropical Storm Irene and a poor 2011-12 winter compromised business. Inn reservations were lower than expected going into the 2012-13 winter season and owners and management took a month to make the decision.
“Guests who made inn reservations in February have either rebooked in our (mountain condos) or refunded. The economy hasn’t been as strong. It was a difficult decision to make,” Nielsen said.
Villas and seasonal rentals will remain open as will the pool and spa, ice skating and cross-country skiing. The Hawk Mountain Inn and Resort will now focus on summer weddings and fall foliage tours.
Local residents were surprised by Hawk Mountain Inn and Restaurant’s abrupt closing. Chase Morsey of Plymouth lives near Hawk Mountain, uses the spa on occasion, and had several meals at the restaurant.
He hopes ownership will reconsider their decision for the benefit of the town.
“Everything Plymouth had has gone away. Bear Creek ski area and our local general store and gas station are all gone. Now Hawk Mountain seems to be going. It was a great destination,” Morsey said.
Ursula DePaul of Plymouth knew people who worked at the restaurant and was concerned about their job statuses. She said she hopes their jobs will be spared and ownership can find a way to reopen again.
“I don’t know how it’s going to affect everyone. It brought in money. It’s a shame,” DePaul said.
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steamboat1
New member
Agreed, skied there a lot when I was younger.
Jully
Active member
Especially if they live in expensive places like NYC, Boston, Nantucket, etc. Maybe the argument could be made if this was the Midwest or rural CT, but in the suburbs of any eastern city 180k doesn't get you enough to be able to spend that kind of money on Hermitage.
Besides, I thought the real cost of spending a year at Hermitage was much more than just $75,000 entrance fee if you included dues, staying there, food, etc. You could probably spend just the membership fee and the dues, but who on earth is going to drop 75k on something, not eat and spend money at the resort, and not have a house or a residence of sorts up there too?
Jully
Active member
Don't some people fly into Hermitage too? I thought I saw an ad for Hermitage where it was someone leaving a crowded city and walking out from a private plane into the resort property.
Tin
Active member
One option is paying $7,500 over the course of 10 years plus dues, that seems reasonable.. but one must be between the ages of 21 and 32. I would love to see the percentage of individuals that young that can afford $10k+ a year to join. I'm willing to bet it is a fraction of 1%.
Another family option is four yearly installments of $18k+. Probably the most reasonable way if you're making under $200k but as Jully mentioned cost of living probably does not allow for that in most areas of New England and you're putting about ~10% plus taxes and other membership fees towards a ski club.
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