Big Burke announcement

[VTKilarney]

One thing is for sure, if the hotel IS fully funded, Stenger et al are the worst PR/marketers on the planet.

If you even suspect that there's an inkling of doubt, AND you are indeed fully funded, just put out a 2 paragraph press release and put the matter quickly to bed.

This was printed in the November 18th Caledonian Record article:

Quiros says the project is in good shape. He discounted rumors of unpaid subcontractors and problems with hotel construction - scheduled to be complete by December, 2015. "They are ahead of schedule," he said, and there is plenty of money available to build the hotel. "They are happy... Everybody's happy," Quiros said. (I added the underlining.)

To be quite clear, even if there is a shortfall in EB-5 funds, it is still quite possible that Quiros or some other source could pony up the remaining money. We don't know if Ary's statement referred solely to EB-5 or to an aggregate of financing sources.

 

[deadheadskier]

One thing is for sure, if the hotel IS fully funded, Stenger et al are the worst PR/marketers on the planet.

If you even suspect that there's an inkling of doubt, AND you are indeed fully funded, just put out a 2 paragraph press release and put the matter quickly to bed.

That is EXACTLY the point I am trying to make. When there are demonstrable issues with related projects, this is more true than ever. I can tell you with 100% certainty that their failure to do so is really starting to have ripple effects in the local community. Believe it or not, Masskier's dogmatic cheerleading doesn't seem to negate the concern that is out there.

You guys are too much. Is there a hotel being built? Yes. That's enough for 99% of people in the world. If I were Stenger, I wouldn't feel compelled to write a press release for a loud, negative, OCD 1% who have their doubts. And to be honest, if Stenger came out and said, "We've got $60M in capital reserves for the hotel. Hotel is projected to cost $55M, so we've secured an additional $5M for overages"; you all still might not believe him. Hell, Massskier said over and over this spring, "Hotels on schedule to start construction, everything is fine." You all said, over and over and over, "No it's not, No it's not."

Hotel construction is happening; there's your press conference. What's that saying? Actions speak louder than words.

There's a shopping plaza being built in my town right now by a large company. They have cancelled other projects in recent years in surrounding communities. Construction is going slow, but it's happening. I don't inspect one side of the building's progress vs. the other and wonder if that has to do with an unrelated announcement. I certainly don't question the funding as long as work continues nor do I expect the developer to write a story in the Sunday paper.

Look, I'm as vocal as anyone about certain aspects of what's going on at Burke. I hate the Q thing, their management hiring decisions are suspect and Ary has made an absolute ass of himself in front of the local media like no businessman I've ever seen. He's truly the Dennis Rodman of the ski industry.

However, right now as a Burke consumer, I'm more curious about day to day operations of the ski area. I plan on going in January and I hope it's being run well so I have an enjoyable day. I'll leave a note in the comment box on my way out the door saying the experience was great, but you're still arrogant fools for calling it Q Burke.

But, the hotel construction is happening. That's a dead issue.....until construction stops happening. Then would be a good time to discuss funding. By all means if you feel the need to keep this argument going on and on and on and on........have at it. Just know 99% are reading this crap and thinking.....

 

[thetrailboss]

This was printed in the November 18th Caledonian Record article:

Quiros says the project is in good shape. He discounted rumors of unpaid subcontractors and problems with hotel construction - scheduled to be complete by December, 2015. "They are ahead of schedule," he said, and there is plenty of money available to build the hotel. "They are happy... Everybody's happy," Quiros said. (I added the underlining.)

To be quite clear, even if there is a shortfall in EB-5 funds, it is still quite possible that Quiros or some other source could pony up the remaining money. We don't know if Ary's statement referred solely to EB-5 or to an aggregate of financing sources.

I'm sorry, but every time I hear that statement from the Cal Rec, I have to laugh.....

 

[VTKilarney]

Trailboss,

I PMed you, but I think it's worth saying here. To those of us who live in this region, the entirety of the EB-5 projects are a HUGE deal. Right now, for example, the city of Newport has a vast part of its downtown core fenced up awaiting an EB-5 project coming through. In a rural area with limited resources, there is a lot to be gained and a lot to be lost depending on what happens.

 

[buellski]

Amen

 

[from_the_NEK]

For Newport in particular, this EB-5 issue could be a HUGE deal, since as you said, a lot of the downtown is wrapped up in it. However, at Burke it is just the building of a brand new Hotel at this point. So if things go south, Burke is still there and still has value.

Damp winter day up here...

 

[thetrailboss]

Trailboss,

I PMed you, but I think it's worth saying here. To those of us who live in this region, the entirety of the EB-5 projects are a HUGE deal. Right now, for example, the city of Newport has a vast part of its downtown core fenced up awaiting an EB-5 project coming through. In a rural area with limited resources, there is a lot to be gained and a lot to be lost depending on what happens.

I agree with you. Are you talking about someone else?

 

[VTKilarney]

I agree with you. Are you talking about someone else?

Doh! That was intended for Deadheadskier.

 

[faQ]

You guys are too much. Is there a hotel being built? Yes. That's enough for 99% of people in the world. If I were Stenger, I wouldn't feel compelled to write a press release for a loud, negative, OCD 1% who have their doubts. And to be honest, if Stenger came out and said, "We've got $60M in capital reserves for the hotel. Hotel is projected to cost $55M, so we've secured an additional $5M for overages"; you all still might not believe him. Hell, Massskier said over and over this spring, "Hotels on schedule to start construction, everything is fine." You all said, over and over and over, "No it's not, No it's not."

Hotel construction is happening; there's your press conference. What's that saying? Actions speak louder than words.

There's a shopping plaza being built in my town right now by a large company. They have cancelled other projects in recent years in surrounding communities. Construction is going slow, but it's happening. I don't inspect one side of the building's progress vs. the other and wonder if that has to do with an unrelated announcement. I certainly don't question the funding as long as work continues nor do I expect the developer to write a story in the Sunday paper.

Look, I'm as vocal as anyone about certain aspects of what's going on at Burke. I hate the Q thing, their management hiring decisions are suspect and Ary has made an absolute ass of himself in front of the local media like no businessman I've ever seen. He's truly the Dennis Rodman of the ski industry.

However, right now as a Burke consumer, I'm more curious about day to day operations of the ski area. I plan on going in January and I hope it's being run well so I have an enjoyable day. I'll leave a note in the comment box on my way out the door saying the experience was great, but you're still arrogant fools for calling it Q Burke.

But, the hotel construction is happening. That's a dead issue.....until construction stops happening. Then would be a good time to discuss funding. By all means if you feel the need to keep this argument going on and on and on and on........have at it. Just know 99% are reading this crap and thinking.....

yep

 

[drjeff]

Aren't the number of replies in this thread rapidly approaching the average number of annual skier/rider visits at Burke about now?

 

[thetrailboss]

Aren't the number of replies in this thread rapidly approaching the average number of annual skier/rider visits at Burke about now?

 

[SkiRaceParent]

Aren't the number of replies in this thread rapidly approaching the average number of annual skier/rider visits at Burke about now?

Perhaps, but not quite as long yet as the typical lift line at Stratton or Mt Snow.

 

[VTKilarney]

Aren't the number of replies in this thread rapidly approaching the average number of annual skier/rider visits at Burke about now?

3.46 times the number of opening day skiers. ;-)

 

[xwhaler]

Well said DHS, you said what many of us have been thinking for a while I'm sure on this thread.

I know that I'm looking forward to my day at Burke this Saturday. I'm most adept at evaluating how their on mountain product is much more than I am in speculating on EB-5 funding and construction strategies.
So my focus will be on enjoying my ski day and seeing how I can review how well the trails are groomed, how the snow surfaces are, how the beer/food tastes in the Bear Den, and the lift lines.

That's all I really care about at this point in time----once the hotel is built I look forward to giving that a review too!

 

[drjeff]

Perhaps, but not quite as long yet as the typical lift line at Stratton or Mt Snow.

That's why I ride atypical lifts to match my atypical personalty! :lol:

 

[drjeff]

3.46 times the number of opening day skiers. ;-)

:lol:

 

[VTKilarney]

Still raining here. Enough already!

 

[SkiRaceParent]

Still raining here. Enough already!

3-6" tonight through tomorrow night, perhaps more. Book it...

 

[VTKilarney]

3-6" tonight through tomorrow night, perhaps more. Book it...

Weather channel says less than an inch for St. Johnsbury. But there is a winter weather advisory that covers Coos County, NH that calls for 3-5 inches. Elevation may be critical.

 

[SkiRaceParent]

Weather channel says less than an inch for St. Johnsbury. But there is a winter weather advisory that covers Coos County, NH that calls for 3-5 inches. Elevation may be critical.

It's an upslope event. The only critical factor is that the precip can make it through the spine. Because the wind direction is NW and not WNW, we have a good chance of getting some of it. In fact, check out the Burlington NWS forecast, we are in the darker blue area in far northeast Caledonia...

There are even some models calling for 8"+ but those tend to overdo these events...