I'm not sure if running ski areas with Wall St's best interests in mind, rather than skier/riders best interests, is a great idea...
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I'd be more worried about who's running the place than big bad Wall Street.
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I'm not sure if running ski areas with Wall St's best interests in mind, rather than skier/riders best interests, is a great idea...
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The issue I see with Bretton Woods purchasing the property is that Bretton Woods is a resort that has a ski area. I'm not sure if they want skiing to be their primary focus.
I'd be more worried about who's running the place than big bad Wall Street.
My point was that blowing snow at Bretton Woods fills hotel rooms and condos. Blowing snow at Wildcat does not.You would think that when Omni took over, but they've still maintained being one of, if not the first ski area to open for the season in the state and the second to last to close. They also still blow a ton of snow.
Skiing is definitely a HUGE focus for them still.
A lot of negatives but what they did with Crotched is impressive. Almost 100k visits last year and catching on. It could survive independently. If they went under someone would buy Crotched in a second.
I would view what Wildcat does with their new system as an indicator. If they go nuts early and it brings in the people they will sell it, if the visits don't come they're really really screwed. If they don't go nuts with it then who knows, maybe just bad business.
A lot of negatives but what they did with Crotched is impressive. Almost 100k visits last year and catching on. It could survive independently. If they went under someone would buy Crotched in a second.
After discovering the Crotched sidecountry/slackcountry last year I'll be heading up there for my quick get-away ski days- versus Wa-wa. Crotched is a little futher from MetroWest Boston... and the back roads make it a bit hairy in bad weather, but there's just much more fun factor up there.
Throw in the new Crotched Rocket... that place almost makes me forget about East Bowl. Almost.
It is amazing. The opening of the West Ledges gets skied off quick but there are a lot of options down that not everyone knows about. The back and area around the Snakerun are not hit nearly as hard.
Yeah I was in there three days after a big storm last winter and still found untouched stuff with just a little schwacking.
They should probably have a midstation at the top of Tuckerman
Midstation should be at the base of Tucks, and it should include a bar.
The only thing holding Crotched back is the crap ass roads to get there. It certainly isn't the skiing product. That is fantastic for a little 900 vert hill.
Someone needs to convince the state to expand 101 West into a highway like the eastern half of the state. That would be great for the economy in the Southwestern part of the state.
Then everyone will go there and all we'll hear about is how crowded it gets.
I would view what Wildcat does with their new system as an indicator. If they go nuts early and it brings in the people they will sell it, if the visits don't come they're really really screwed. If they don't go nuts with it then who knows, maybe just bad business.
Well, this doesn't sound good. Can't say this is a surprise.
http://www.newenglandskiindustry.com/viewstory.php?storyid=174
Peak Resorts to Attempt IPO Again
Wednesday, October 22, 2014, NewEnglandSkiIndustry.com
I'm no banker, but 175 million $ in the hole probably isn't a good thing I suppose.