VAIL SUCKS

[thetrailboss]

I didn't realize that they had a Food & Beverage Dept.....

"WHAT DID YOU SAY?!"

 

[jimmywilson69]

the initial rational/thought/strategy these locals would feed trips out into the larger portfolio, is likely played out.

I disagree with this. They know EXACTLY how many people from these feeder hills travel out west and whether they book lodging, meals, etc. That 20% lodge food discount isn't a perk to you, its data mining.

I know lots of people who when traveling out west are using their epic passes vs going other places.

 

[thetrailboss]

I disagree with this. They know EXACTLY how many people from these feeder hills travel out west and whether they book lodging, meals, etc. That 20% lodge food discount isn't a perk to you, its data mining.

I know lots of people who when traveling out west are using their epic passes vs going other places.

Yeah, I agree. They knew what they were doing here.

 

[BenedictGomez]

I still think Bobby’s going to start to shed all the Mickey Mouse hills that were bought along the way, mostly with Peaks.

Yup. They're served their (slim) purpose, now the little ones are likely just a drag on margin.

These will be referred to as, "non-core assets" when break the trial balloon to Wall Street that they're going to sell them, and Wall Street will generally approve.

 

[Zand]

I still think Bobby’s going to start to shed all the Mickey Mouse hills that were bought along the way, mostly with Peaks.

Talk about aging infrastructures and likely needed investment mixed with ever worsening snow seasons and general operational expenses, manpower, etc. Deferred upkeep leads to longer term costs or safety liabilities. Just dump them to local investors for quick cash.

Pass sales are declining and the initial rational/thought/strategy these locals would feed trips out into the larger portfolio, is likely played out.

I wonder if there would be a buyer if Vail tried to package all 4 NH properties. I feel like Fairbanks could do well with those 4 mountains.

 

[kbroderick]

I wonder if there would be a buyer if Vail tried to package all 4 NH properties. I feel like Fairbanks could do well with those 4 mountains.

They probably don't want anyone to do well with properties they sell, especially Wildcat, as a well-run Wildcat could absolutely draw skiers away from Attitash.

 

[Zand]

They probably don't want anyone to do well with properties they sell, especially Wildcat, as a well-run Wildcat could absolutely draw skiers away from Attitash.

That's why I was thinking packaging all 4 might be something they'd do. Or at least unload Wildcat and Attitash together. And they have no business owning Crotched at this point. Sunapee they may want to hang into because I'm sure they rake in the cash with that place.

 

[BenedictGomez]

Would New Hampshire allow that?

 

[Smellytele]

Would New Hampshire allow that?

They allow Vail to own them now...

 

[thetrailboss]

Would New Hampshire allow that?

You mean transfer the lease for Sunapee?

 

[AdironRider]

Vail isn't going to sell a mountain, regardless of size.

You think a company that has a billion in cash needs to sell Wildcat for 10 mill? Seriously dudes, quit being obtuse.

 

[thetrailboss]

"Hey guys! Check out this EPIC podcast featuring my boy, Mikey, who is managing my flagship, Stowe! He is a food and bev alum and his podcast is second in EPICness only to mine! Enjoy!"

Podcast #220: Stowe Mountain VP & GM Mike Giorgio

“You just don’t understand how much is here until you’re here.”

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