South America 2026

This was a well founded result of a legitimate threat of no competition for 90% of Santiago skiers.
Is El Colorado by itself really much competition for Valle Nevado + La Parva?
if investing in 3 additional ski areas.
I suspect MCP was forced to take the decrepit places farther south in order to get El Colorado.
All of the MCP US holdings don't sum up to the total acreage of VN/LP, and it is a radically different operating environment.
I would say the 22,000 acre claim for Chile's three valleys is a significant exaggeration of usable ski terrain. A lot of it is really flat, terrain traps, etc.

Nonetheless most of MCP's North American areas are quite small. Do you know what typical VN/La Parva skier visitation is? It must not be much in a lot of recent seasons. MCP's flagship area Purgatory did about 250-300K skier visits, but nearly all US skier visit data went dark around 2010. I'll bet with snowmaking that AZ Snowbowl might be getting into the 200K+ range now.

it is a radically different operating environment.
Topography and some avalanche exposure, yes. I've always said this investment has severe financial challenges. Their US Southwest climate volatility is high but Chile is worse. MCP is jumping out of the frying pan into the fire with regard to the climate. And both regions can have bad seasons at the same time with La Nina.

On a more positive note, we booked Hotel Portillo Sept. 21-24. Thus is equivalent to Mammoth or LCC around April 10 so not too concerned about timing and there is high upside corn potential. We arrive Sept. 16 and will start at Valle Nevado though have not booked there. When I was in Chile 2007 I got the impression Three Valleys averaged about 3/4 the snowfall of Portillo but this year it's less than 60%. That and La Parva's chronic wind exposure were reasons September 2007 was much better in Portillo and similar is possible this year with the later dates.

I have not booked hotel for Valle Nevado yet, and I suspect no rush is necessary Sept. 16-18. I'm inclined to book just 2 nights and add a third while I'm there if conditions are good. CaseyE can comment on that plan.

This is a bit hectic while I'm in Spain for 4 weeks. But I'm not getting any younger and I'd like to hit Portillo with good coverage while I'm still capable of its advanced off piste.

FYI to ChrisC: The $1100 RT airfare was no bargain, but at least it’s on the LATAM nonstop flights as LATAM became a Delta partner a couple of years ago. I don’t recall if that was true in 2021, but every South America trip 2020 and prior involved a plane change, usually Atlanta.
 
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Delta wanted 102K miles. That’s not acceptable vs. $1100. I would also forgo the 9,000 miles I’ll earn by paying for the flights.

Contrast with our flight home from Madrid in 3 days where we are paying 37,600 miles instead of $900.

I think sites like Points Guy typically value a FF mile about 1.4 cents. So you should not pay more than about 75K miles in lieu of an $1,100 ticket.
 
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Big powder day shaping up for tomorrow and maybe monday. Snowed all day, zero visibility with wet snow turning to colder snow as the day wore on. Stopped around 9pm, with around 25cm in town and probably 40cm up higher. Gonna be a zoo tomorrow,
So how deep was the fresh powder this morning at La Parva base? And how much wind affect? And are chains needed?

By the way, what website numbers are generally most accurate for South America? Onthesnow, snow forecast, Opensnow, other?
 
Have you provided apples-to-apples stats at some point?

 
Is El Colorado by itself really much competition for Valle Nevado + La Parva?

I don't really care whether Mountain Capital Partners owned all 3 resorts or whether El Colorado was independent.

However, they should be able to implement a single (more expensive) pass through a new ticketing system, similar to those in the Alps.

Look at Ski Arlberg ownership of the interconnected area:

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This was a well founded result of a legitimate threat of no competition for 90% of Santiago skiers. As well, MCP, the owner of VN since 2023, has had little impact on the operational efficiency there or in La Parva. Breakdowns, closures, lax grooming, bad labor relations, funky information and so on would just be worse with the added burden if investing in 3 additional ski areas. All of the MCP US holdings don't sum up to the total acreage of VN/LP, and it is a radically different operating environment.


And Casey may have a good point.

The Dolomites - Dolomitiski - ski areas were found to be engaged in price-fixing behavior at an individual level.

(By contrast, the Aosta Valley ski areas have lower and different price points despite a similar pass.)

Italy’s antitrust authority alleged that members of Dolomiti Superski coordinated ski-pass pricing, restricting competition between lift operators that otherwise are separate businesses. The Dolomiti Superski network covers about 1,200 km / 745 miles of pistes across 12 ski areas, including Cortina d'Ampezzo. In other words, the concern wasn't that having a Dolomiti Superski pass itself is illegal. It was that independent operators participating in the common pass allegedly coordinated prices in ways that reduced competition.

 
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The good adhesive layer of 20cm was topped off with a lighter 15-20cm, and almost no wind. Everywhere was skiable, with flat to almost shadowy light and a flurry or two. north faces were back to skiable.

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That is the north face of the Cono in Colorado, from Fabres chair.
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La Chimenea Chica

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My grandson getting turns on his GS skis

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The sun came out for an instant at dusk and the wind picked up.

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