skifasttakechances
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Blind leading the blind mentality ...
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What the heck is going on at Magic?
- Thread starter slatham
- Start date
Blind leading the blind mentality ...
I guess I should pay about 1.5mil for a lift ticket then, because that's about the price necessary to keep the business open.
How about I pay a fair market rate for 1 trail (maybe something like $39, which even that is on the high side, but I'd pay it), and I spend a lot of $ in the bar throughout the day?
I'll still support them if they charge full rate- I'll just ski at Bromley or Stratton & then drink at Magic afterwards.
PearlJam09
New member
How about $67 lift ticket that includes an open bar for the day. That would sell.
In! You should do some marketing for Magic, PJ!
MEtoVTSkier
Active member
...or at least one free shot for every time they failed to open this season, when they said they would!
Question. Are the business and the land two separate entities? I thought I had heard that. I would think if someone wanted to buy the place and make a difference, they'd want control of both, so they could build real estate to help fund lift and snowmaking repairs.
doublediamond
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Premium is about $5 a skier visit, or least as of a few years ago it was.
doublediamond
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Minority owner of land is the owner of the operating company
And where does the majority land owner stand with things?
Do you have a few hours? It is very very complicated.
So would you say the majority land owner also shares some blame in the woes of the mountain?
RustyGroomer
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NO. Not one bit.
Edit to add. I'll be skiing Magic tomorrow no matter what. Fun will be had.
Fair enough. Wonder why they hold onto an asset that likely won't appreciate anytime soon.
mbedle
Well-known member
I think that the faithful and the volunteers would disagree with you on that one. Pretty sure that the Volunteer Days would constitute some form of a charity.
No matter what, I always like to throw out some posts that come from a business owner's perspective. What I have found in this thread, as well as numerous other threads, are posters overall disconnect between the "mountain" and what operates the "Ski Resort" I do not look at them as two separate entities, but most people on here do. Its as if, because its a mountain there is a certain right to ski it and belief that patrons have a say in how it is operated as a resort. That is the nice thing about capitalism and freedom in this country, if you don't like it, take your dollars elsewhere. Instead, what I see on here and FB is the typical beaten puppy syndrome. Keep getting hit with the newspaper and still comeback and lick the owners hand.
mbedle
Well-known member
I would guess because there is no market to sell it. The land is worth very little other than as a resort. However, you would think it would be in the best interests of the land owners to make the resort profitable. Once magic shuts its door, all revenue to the land owner is lost.
PearlJam09
New member
You mean other than the group that tried to buy it this summer?
mbedle
Well-known member
Did it sell? I would venture to say that since it didn't sell, the potential buyer did not see a good market for the resort. Was the land actually for sale or just the operating company?
Did they try and boy both land and business or just the business.
Seems to me if I'm the landowner, I'd hope the current lessee drops out and I sell the whole package. Doesn't seem like it's a good scenario to remain as landlord is the gist of what I'm saying.
