News Roundup: Shutdown

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News Roundup: Public vs. Private

  • After a tower shifted downhill this spring, the City of Steamboat will again fix Howelsen Hill’s chairlift rather than replacing it.
  • In the Jay Peak fraud case, former resort owner Ariel Quiros and executive Bill Stenger settle with the State of Vermont for $2.1 million without admitting wrongdoing.
  • In a separate class action lawsuit, a group of Jay Peak investors allege more than 100 immigration lawyers received $5 million in kickbacks from the resort, creating undisclosed conflicts of interest.
  • The federal government orders an immediate shutdown of the Vermont EB-5 Regional Center, which allowed foreigners to invest in ski resorts such as Jay Peak and other businesses in exchange for green cards.
  • No big deal: a Chinese theme park might build three 3S gondolas.
  • A lawsuit by the State of Maine seeks to finally right the tragedy that followed the sale of a public ski resort to a private company which ran it into the ground.
  • Mt. Snow confirms its next logical lift upgrades will be in Sunbrook and Carinthia.
  • Hermitage Club members could lease Haystack Mountain to reopen next season but Berkshire Bank will not.  Homeowners may have a senior lien on the Barnstormer six-pack but would need to pay for $300,000 of lift maintenance to reopen.
  • Even though his purchase of Saddleback never closed, Australian businessman Sebastian Monsour did spend $400,000 on the closed Maine ski resort last year.  Hopefully some went to lift maintenance!
  • Peak Resorts reports record fourth quarter revenue, up 9.3 percent over last year to $56 million with EBITDA up 3.9 percent to $21.5 million.
  • Arizona Snowbowl reopens tomorrow after a month-and-a-half fire danger closure.
  • Parks Canada seeks public comments on possible Sunshine Village lift and terrain expansions into Goat’s Eye II, Lower Meadow Park and Hayes Hill. Another new lift could eventually parallel the gondola.
sunshineexpansion
Overview of proposed Sunshine Village expansion areas.  Other acreage would be removed from Sunshine’s area of occupation to compensate for environmental impacts of expansion.

Instagram Tuesday: Scenes

Every Tuesday, I feature my favorite Instagram photos from around the lift world.

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News Roundup: Progress

News Roundup: Losses

  • Wire Austin gets some attention from folks who matter – the Central Texas Regional Mobility Authority.
  • Peak Resorts loses $7.9 million in the first quarter (it owns Alpine Valley, Attitash, Big Boulder, Boston Mills, Brandywine, Crotched Mountain, Hidden Valley, Hunter Mountain, Jack Frost, Mad River Mountain, Mt. Snow, Paoli Peaks, Snow Creek and Wildcat.)
  • The deropement and evacuation of the pulse gondola between the Aiguille du Midi and Pointe Helbronner makes CNN.
  • Austria’s Foreign Minister meets with former London Mayor Boris Johnson to talk Brexit.  The mayor says the Doppelmayr cowbell that came with the Emirates Air Line is one of his most prized possessions.
  • Federal receiver hopes to sell Jay Peak in the spring, says resort President Bill Stenger was duped.
  • Laurel Mountain’s new Skytrac is complete.
  • Maine’s Attorney General sues the owner of Big Squaw Mountain for not operating the ski area as promised.
  • Tamarack Homeowners meet to discuss the future of Idaho’s newest ski resort ahead of an October lift auction. Owner Credit Suisse and its operator Replay Resorts appear to be on the way out.
  • The owner of Montana Snowbowl tells the Missoulian he started construction on a new TV Mountain lift a few weeks ago and there’s a chance it will be completed in time for the coming winter season.
  • Preservation group calls abandoned mines in American Fork Canyon a “ticking time bomb,” calls on Snowbird to turn private land over to the Forest Service where the resort plans to build two new lifts.