Vail Resorts is buying Peak Resorts. - Page 45

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  1. #441
    Quote Originally Posted by Quietman View Post
    They offer a Keystone only pass for $369, I'm really hoping that they do something for Crotched!
    I was wondering if there would be a cheap Wildcat pass...
    or maybe a Crotched, Attitash, Wildcat Pass

  2. #442
    So did any management quit or get the ax yet? I’d just quite and save the humility of the pink slip.

  3. #443

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    Quote Originally Posted by BenedictGomez View Post
    I thought that's what you were talking about? It is what I was referring to.
    Good point and I wasn't clear.

  4. #444
    Quote Originally Posted by FBGM View Post
    So did any management quit or get the ax yet? I’d just quite and save the humility of the pink slip.
    Seems like solid advice for your message boarding...
    2018-2019


    TBD

  5. #445

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    ”message boarding...”

    you just created a new verb!



  6. #446
    2018-2019


    TBD

  7. #447
    Quote Originally Posted by AdironRider View Post
    Outside of Wildcat, I don't really see how all of Peaks properties don't fit exactly into Vail's business plan.

    This isn't a miscalculation at all. While some properties certainly are more attractive than others (Mt Snow notably) Peaks was tailor made for a takeover by Vail. Their CEO literally just said so and they now own basically every mountain close to major population centers that get snow in the winter.
    I feel like Attitash, Wildcat, and Crotched all do not fit in super well. Crotched is a decent ways away from the population center and in the absolute middle of nowhere and Attitash is an aged resort in a community (MWV) that is less upscale than Stowe and other "destinations."

    People from the mid Atlantic would fly to Burlington to ski Stowe, I don't think anyone would fly to Manchester/Portland to ski the MWV. Attitash is barely considered a regional powerhouse these days.

    Mt. Snow and Hunter fit them to a T though, as does almost every midwestern/midatlantic property.

    Truly terrifying that in almost every major city from DC to Boston to Cleveland to St. Louis to Minneapolis is now within day trip range of a Vail owned ski area.

  8. #448
    Quote Originally Posted by Jully View Post
    I feel like Attitash, Wildcat, and Crotched all do not fit in super well. Crotched is a decent ways away from the population center and in the absolute middle of nowhere and Attitash is an aged resort in a community (MWV) that is less upscale than Stowe and other "destinations."

    People from the mid Atlantic would fly to Burlington to ski Stowe, I don't think anyone would fly to Manchester/Portland to ski the MWV. Attitash is barely considered a regional powerhouse these days.

    Mt. Snow and Hunter fit them to a T though, as does almost every midwestern/midatlantic property.

    Truly terrifying that in almost every major city from DC to Boston to Cleveland to St. Louis to Minneapolis is now within day trip range of a Vail owned ski area.
    Here are some reasons the NH properties make sense. Of course, it's entirely possible that they don't love the NH mountains, but don't have an alternative (I.e they could buy all or nothing). I think there's plenty of reason to believe Vail is planning to make good use of the NH properties, though.

    -Vail is buying another built-in Boston-area passholder base (Attitash/Wildcat passholders) that they can upsell into more expensive passes and trips out west. All those passholders now all have incentive to take their Western trips to Vail resorts. I suspect this demographic skews more northeasterly than the Okemo/Stowe crowd (think North Shore vs. Metro West, in general - not the same exact demographic).

    -Capacity. The other northeastern Vail options were all crowded before Vail. Even if you assumed Vail could buy just Snow and Hunter, adding more Epic passholders to the Boston and NYC metros would only make Sunapee, Okemo and Stowe more crowded. The new NH acreage helps mitigate this.

    -MWV is a more accessible vacation option for Boston-area people that might want to hit Crotched/Sunapee for a few day trips a year and spend a vacation week in a resort town. It only takes one planned weekish long trip before the pass could justify itself. MWV probably has the most going on of any ski town in the east. Granted, not nearly as posh as Stowe.

    -Crotched is a local feeder hill that is .5 hr closer than Sunapee to anyone who lives west of route 3 in MA (everyone between Lowell and Worcester, for example). Crotched is only 90 mins from Worcester. In this way, Crotched can serve more like the Midwestern hills to a swath of Boston/495 area skiers.

    Sent from my VS988 using AlpineZone mobile app
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  9. #449
    thetrailboss's Avatar
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    Quote Originally Posted by eastern powder baby View Post
    Here are some reasons the NH properties make sense. Of course, it's entirely possible that they don't love the NH mountains, but don't have an alternative (I.e they could buy all or nothing). I think there's plenty of reason to believe Vail is planning to make good use of the NH properties, though.

    -Vail is buying another built-in Boston-area passholder base (Attitash/Wildcat passholders) that they can upsell into more expensive passes and trips out west. All those passholders now all have incentive to take their Western trips to Vail resorts. I suspect this demographic skews more northeasterly than the Okemo/Stowe crowd (think North Shore vs. Metro West, in general - not the same exact demographic).

    -Capacity. The other northeastern Vail options were all crowded before Vail. Even if you assumed Vail could buy just Snow and Hunter, adding more Epic passholders to the Boston and NYC metros would only make Sunapee, Okemo and Stowe more crowded. The new NH acreage helps mitigate this.

    -MWV is a more accessible vacation option for Boston-area people that might want to hit Crotched/Sunapee for a few day trips a year and spend a vacation week in a resort town. It only takes one planned weekish long trip before the pass could justify itself. MWV probably has the most going on of any ski town in the east. Granted, not nearly as posh as Stowe.

    -Crotched is a local feeder hill that is .5 hr closer than Sunapee to anyone who lives west of route 3 in MA (everyone between Lowell and Worcester, for example). Crotched is only 90 mins from Worcester. In this way, Crotched can serve more like the Midwestern hills to a swath of Boston/495 area skiers.

    Sent from my VS988 using AlpineZone mobile app
    Honestly, I am VERY interested to see what Vail does with its newly purchased NH properties. As someone previously said, they now own FOUR major resorts in NH. ASC had to divest when it had control of three (maybe four--Cranmore, Attitash, WV, and at least part of Loon IIRC). I wonder if they will have to spin off one or two and which ones they spin off.

    NH's ski market is very different from Maine or Vermont in that there are a fair number of larger "day" areas as opposed to destination resorts. Vail now has three areas I might consider to be day areas (Crotched, Sunapee, maybe Wildcat) and one "destination" resort (Attitash). Big consideration for me is the amount of folks staying onsite in lodging to make it a "destination" area. Although, admittedly, Wildcat doesn't really fit into a day or a destination area because it has no real onsite lodging but is pretty far from the major cities.

    And, once again, we are all shown that Vail is not too eager to buy a place that needs a lot of work to reopen (such as Saddleback) and is more inclined to go with established brands (Stowe, Triple Peaks, Peaks Resorts). Anyone think that Boyne will cash out? Sugarbush (Win is getting old)?
    Live, Ski, or Die!


  10. #450
    Quote Originally Posted by Jully View Post
    I feel like Attitash, Wildcat, and Crotched all do not fit in super well. Crotched is a decent ways away from the population center and in the absolute middle of nowhere and Attitash is an aged resort in a community (MWV) that is less upscale than Stowe and other "destinations."

    People from the mid Atlantic would fly to Burlington to ski Stowe, I don't think anyone would fly to Manchester/Portland to ski the MWV. Attitash is barely considered a regional powerhouse these days.

    Mt. Snow and Hunter fit them to a T though, as does almost every midwestern/midatlantic property.

    Truly terrifying that in almost every major city from DC to Boston to Cleveland to St. Louis to Minneapolis is now within day trip range of a Vail owned ski area.
    Attitash is barely over an hour from Seacoast NH, which in case you haven't looked lately, has got a whole grip of money. Exeter, Rye, Portsmouth, Hampton, all have high incomes/property values and have large populations of outdoor enthusiasts.

    Barely anyone flies into Burlington to ski Stowe. It is cheaper and easier to fly out West.
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