It seems like it would be tough to staff the place for only weekends and holidays..I would figure the Magic employees would find employment elsewhere..the best Magic can hope for is if they are bought out by another ski resort..then they will get the necassary improvements to be able to have a chance at being profitable..
Probably unlikely. They have A LOT of infrastructure needs. Specifically, replacing multiple lifts, snowmaking, and a new lodge. It could be doable if, say, they only needed one thing (a new lift and/or a new lodge). They also don't have any condos or bona fide real estate, IIRC, so the income side is limited to the ski area operations. It is really sad.....