Powderqueen
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New owners from Elmira bought it for $7.5 million. Debt load was $47 million.
Seasons passes are on sale for $299 (and much less if you buy for your family).
We are all pretty happy about this here. They new owners are skiers and plan to expand glades and snowmaking. It may be a while before we get a much-needed new lift, but in the meantime, we'll manage the way it is until the new management generates some capital. I believe it can be done. The Krygers spent our tax dollars foolishly. I do see a chance for the place to make money with the debt wiped out. Hopefully we'll see better marketing and better people in management. There is definitely enough of a market here in CNY, but there are a lot of skiers who didn't buy passes last year because of the situation, not to mention the cost. If they bring back the "six pack" (pre-buy six lift tix at a discounted price early season) I think they can get some of that business back and have something to get the season started.
For some reason, this season they had great snow and the grooming seemed much improved.
We had rain here last night and today. More cold weather this week should bring snow showers. There should be decent skiing on the weekend.
Seasons passes are on sale for $299 (and much less if you buy for your family).
We are all pretty happy about this here. They new owners are skiers and plan to expand glades and snowmaking. It may be a while before we get a much-needed new lift, but in the meantime, we'll manage the way it is until the new management generates some capital. I believe it can be done. The Krygers spent our tax dollars foolishly. I do see a chance for the place to make money with the debt wiped out. Hopefully we'll see better marketing and better people in management. There is definitely enough of a market here in CNY, but there are a lot of skiers who didn't buy passes last year because of the situation, not to mention the cost. If they bring back the "six pack" (pre-buy six lift tix at a discounted price early season) I think they can get some of that business back and have something to get the season started.
For some reason, this season they had great snow and the grooming seemed much improved.
We had rain here last night and today. More cold weather this week should bring snow showers. There should be decent skiing on the weekend.