everything I've heard sez the lower-level Ikon pass has no blackouts at crystal? what are you hearing otherwise and where? anyone know anything?
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everything I've heard sez the lower-level Ikon pass has no blackouts at crystal? what are you hearing otherwise and where? anyone know anything?
Seems pretty black and white from Ikon's site.
Attachment 249635
Base pass is unlimited no blackout at Xtal.
Who do I buy a parking pass from now? Or can I just make it up and bring bolt cutters?
Three Stooges of Mt Dweebus A-Lot
Maybe a park-in instead? chain your vehicles to each other and buckets of concrete in protest?
I sold mine.
Just received my upgrade from anytime Crystal pass to Ikon pass. It appears to be the full Ikon pass and not the base Ikon pass. Free but still required a credit card number to get the free pass.
The founders club meeting was very interesting and had a much larger than normal turn-out. I still wonder why any resort owner wants to be involved in owning a resort where you have an annual line item liabitity of excess of $1.8 million right off the top (23,500 shares at 1 adult day ticket/ share/season). Retiring these shares would be nice for the owner, but could run to around $30 million with any premium one would have to offer. And it could be more than the 150% that I used in my hypothetical.
Anything notable from the meeting?
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Alterra wasn't there, so their interests were represented by by the Kirschers. They explained how the sale came about, the reasons and why it was such a surprise. Their reasons were the same as given up thread, and the secrecy was due to disclosure.
I still have no idea about the Ikon Pass and people who bought a Crystal pass prior to the sale, the mechanics of how a Ikon pass holder will use their pass at the resort, and if a Founder Club season pass has the same access at other areas as a Ikon Pass. I get the feeling that at present, founders club ticket privileges have no financial reciprocity with the Ikon system. As explained, and which I agree with the reasoning behind, Ikon Pass monies go to a separate account and then are distributed proportional to their use at each resort. Because the Founders privilege has no money involved, there is nothing to add to this pool and it would be a accounting nightmare to institute it. I would imagine that Founders will be able to purchase an Ikon Pass in the future, but at a discount. There must be some real money contributed to the pool for it to function, otherwise you could see some partner resorts (not members of Alterra) withdraw.
And there was an old lady there who I think wanted to punchout John Kircher. She was pissed.
She’s going to have to get in line. There isn’t any love lost with the Kirchers leaving.
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I'm still finding the sale odd, especially after K bought Crustal and pumped money into the snowmaking system among other stuff.
If revenue being questionable is the rationale for the sale, why the purchase?
I don't know if it was revenue, but maybe future revenue? And Stevens being partnered with Whistler/Blackcomb could give them a leg up, if you accept they are fighting for the same market. Which I don't believe, they are fighting for the same submarket of the eastside maybe.
Who is making the argument that the market for skiing in the Northwest is NOT growing? The supply seems to be awfully static.
In regards to the stagnant skier market for the last forty years
http://www.nsaa.org/media/303945/visits.pdf
Is that just a resort measurement or does it count the people that have left the resorts because the lines have gotten so bad?
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I would have to believe that it is only a measurement of tickets sold. Given that this is a discussion of a ski area and the finances of that business, the metric would be aplicable. But your point is absolutely spot on regarding the growth of AT.
But the customer base is becoming much more demanding. Forty five minute waits in the chair line wasn’t uncommon at Stevens in 1971. Now there would be hell to pay. So that increase in technology, capacity and speed has to be paid somehow. It’s very similar in both time and mechanics how both the music industry ( CD’s) and the ski areas (snowboarding) were hugging themselves and congratulating each other for being smart as their industry grew for reason that had nothing to do with those in charge.
The ski areas charge a lot more for day tickets.
I never remember the Stevens lot being full @ 7:30 before. Alpental chair 2 lines seem a lot bigger, no infrastructure improvements there.
I just don't understand the motivation for the sale. Maybe JK didn't want to try to float through an El Nino (see 04/05) but long term, there sure seems to be growth here. The Seattle population has exploded with a high percentage of outdoor types too.
In the case of growth, that doesn't explain a sale.
In the case of stagnation/decline, that doesn't explain a purchase.
I feel like it has to be he got offered too much money to pass up. Nothing else makes sense to move on so quickly.
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In a conversation with JK about El Nino years and their impacts on Xtal and other local resorts, he told me with very little sympathy for other resorts' struggles, "if they don't have the money to survive a few bad seasons they have no business being in business."
Guess snot.
Fast moving chairs put a lot more people in line at the top. Lift lines on ch1 when it was a double were brutal, weekends with LWSC had as many as 30 buses lined up in lot4. Memba when it was an hour + to navigate the old doubles CH1 and CH2 at xtal to get to green valley?
As a "hill billy" from WV, I'd advise you to keep yer mouth shut unless you wanna be short some teeth, too
Snowshoe is no joke - it's the closest thing to a real resort the Mid-Atlantic has and it receives significant traffic from DC. Their snowmaking and mountain biking are top-notch, I think you'll find yourself happier year-round eventually...