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2016/2017 Season Passes

yeggous

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This is an increase from last year ($400 vs $415). I'm all for looking for that best deal for me, but hate the thought that if it's too good a deal, too many others will also be there. In the back of my mind, I want any company to be viable. In my case, 33 trips (so far) for $400.00, and I never buy any concessions. How do they make any money off me and others like me? But that's the deal they have brokered with me and I'll do it.....

They make the money of people like me. Just this weekend I used the last of my Peak Resorts gift cards that I bought at the expo. Given what I spent on season passes, this means I dropped about $1000 at the bar since mid-November.

Speaking of season pass renewals... The Wildcat Mug Club is open for renewal. You have until the end of April. Come May 1, all remaining mugs are forfeited. Next year's mug vendor is TBD. There were lots of complaints about foaming with the current brown mugs, so they'll probably not be used again.
 

KustyTheKlown

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$600 young adult pass for up to 34 year olds is a nice deal. and comes with 50% off day rates at mountain collective resorts. had i known that months ago, i may have considered that instead of max. kind of stinks to limit yourself to one hill in the east, but stowe is so pricey as a day ticket purchase.
 

machski

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Adult mid week is $50 more than I paid for my New England Gold Pass. That's nuts! Buy at a different hill and add a MC pass for Stowe if you must. I think that is a much better deal. But given the digs built at Spruce, I think we all know the clientele these are directed at.
 

deadheadskier

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Word on the street in town is they lost money last winter. I think the new 20-34 cheap pass is a reaction to those losses and a realization that they likely have lost a large amount of that age demographic to their competitors in recent years.
 

steamboat1

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Word on the street in town is they lost money last winter. I think the new 20-34 cheap pass is a reaction to those losses and a realization that they likely have lost a large amount of that age demographic to their competitors in recent years.
They lose money every year. It's a well known fact AIG has to pump money into the Mansfield Corp every year. Stowe is a tax write off, has been for years. The 19-34 pass won't change that. Nice that they are offering it though.
 
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deadheadskier

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They lose money every year. It's a well known fact AIG has to pump money into the Mansfield Corp every year.

It's a fact? Every year? I know that was definitely the case pre-Spruce development as I worked there then and Hanke Lunde was pretty forthcoming with staff and the town for that matter regarding the mountain's financials.

Last year I'm not so sure they lost money from what I've heard.

If Stowe loses money every winter, how come their investments aren't crapped on like Jay's? (Fraud aside)

Do you think Jay lost money this winter?

How about Killington?
 

steamboat1

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Well lets see. How many millions have they spent for 2 new HSQ's at Spruce & another on Mansfield in the past few years? Completely rebuilt the gondola cabins & drive. Not to mention the new Meadows quad. Then we have Spruce Camp, booguu bucks. The new Stowe Mountain Club opening this year with underground parking (more booguu bucks). Lets's not forget the $8 or so million in snowmaking improvements over the last couple of years. How much did that zip line cost? You think they made money....:-D

It's all financed internally so no one craps on it.
 

Jcb890

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Well lets see. How many millions have they spent for 2 new HSQ's at Spruce & another on Mansfield in the past few years? Completely rebuilt the gondola cabins & drive. Not to mention the new Meadows quad. Then we have Spruce Camp, booguu bucks. The new Stowe Mountain Club opening this year with underground parking (more booguu bucks). Lets's not forget the $8 or so million in snowmaking improvements over the last couple of years. How much did that zip line cost? You think they made money....:-D

It's all financed internally so no one craps on it.

Are you guys just guessing they lost money? They do charge a ton for lift tickets and the place was packed when I was there.
 

deadheadskier

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I'm referring to their EBITDA. The information I got was from restaurant owners and real estate brokers in town who have a lot of interaction with mountain management. I'm sure they had some good weeks, but business was way off this winter for Stowe just like everywhere else.
 

Jcb890

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I'm referring to their EBITDA. The information I got was from restaurant owners and real estate brokers in town who have a lot of interaction with mountain management. I'm sure they had some good weeks, but business was way off this winter for Stowe just like everywhere else.

Right. It makes sense that they didn't do good last season like everyone else. However, it seems odd that Stowe would lose money every season.
 

deadheadskier

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They used to. AIG would supplement their income. They have a TON of overhead there. Massive ski school, customer service staff, marketing team, operations etc.
 

xwhaler

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Stowe also included Orleans County to their local passes for next season.
Clearly a play to capture (re-capture?) some of the local demographic who may be going to Bush/Smuggs due to Stowe's high costs.
 
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