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Vail buys Mt Trashmore
Did April 1st come early this year? Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. http://news.vailresorts.com/corporat...+in+mich. htm -- //Walt |
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#2
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Vail buys Mt Trashmore
On Fri, 07 Dec 2012 12:11:28 -0500, Walt wrote
this crap: Did April 1st come early this year? Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. http://news.vailresorts.com/ Interesting. It doesn't say who owns Mt. Brighton but I believe it was owned by Boyne. |
#4
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Vail buys Mt Trashmore
On Friday, December 7, 2012 11:39:28 AM UTC-8, Walt wrote:
On 12/7/2012 12:18 PM, wrote: On Fri, 07 Dec 2012 12:11:28 -0500, Walt wrote this crap: Did April 1st come early this year? Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. http://news.vailresorts.com/ Interesting. It doesn't say who owns Mt. Brighton but I believe it was owned by Boyne. Boyne owns Brighton ski area in Utah. Actually, they don't. Investment group does. A division of Boyne manages it. But what the hell, you're an ignorant asshole who lives in Michigan and hangs out with Huggies Horvath, what do you know? Mt Brighton (Michigan) is owned by the Tippett and Bruhn families. No one gave a **** then. No one gives a **** now. No one who has a choice skis there. |
#5
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Vail buys Mt Trashmore
On Friday, December 7, 2012 10:11:28 AM UTC-7, Walt wrote:
Did April 1st come early this year? Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. http://news.vailresorts.com/corporat...+in+mich. htm -- //Walt Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas. Seems like a pretty smart deal. |
#6
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Vail buys Mt Trashmore
On Dec 7, 4:22*pm, snoig wrote:
On Friday, December 7, 2012 10:11:28 AM UTC-7, Walt wrote: Did April 1st come early this year? Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. http://news.vailresorts.com/corporat...t-news/vail+re... -- //Walt Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas. Seems like a pretty smart deal. I'm afraid I don't see t he connection. Why would anyone put up $750 just because Vail has added rights to a local parks&rec hill? |
#7
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Vail buys Mt Trashmore
On 12/7/12 6:17 PM, Richard Henry wrote:
On Dec 7, 4:22 pm, snoig wrote: .... Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas. Seems like a pretty smart deal. I'm afraid I don't see t he connection. Why would anyone put up $750 just because Vail has added rights to a local parks&rec hill? Many urban skiers take a week in Colorado each year. Vail can now lock them in. |
#8
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Vail buys Mt Trashmore
On Friday, December 7, 2012 7:48:36 PM UTC-7, lal_truckee wrote:
On 12/7/12 6:17 PM, Richard Henry wrote: On Dec 7, 4:22 pm, snoig wrote: ... Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas. Seems like a pretty smart deal. I'm afraid I don't see t he connection. Why would anyone put up $750 just because Vail has added rights to a local parks&rec hill? Many urban skiers take a week in Colorado each year. Vail can now lock them in. It's not just Colorado, it's Tahoe too. If you spend a week at any of those resorts, a 6 day pass runs about $475. So essentially you end up getting a local pass for about $275. If they spend two weeks out West, your local pass is free. |
#9
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Vail buys Mt Trashmore
On Dec 8, 12:56*pm, snoig wrote:
On Friday, December 7, 2012 7:48:36 PM UTC-7, lal_truckee wrote: On 12/7/12 6:17 PM, Richard Henry wrote: On Dec 7, 4:22 pm, snoig wrote: ... Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas.. Seems like a pretty smart deal. I'm afraid I don't see t he connection. *Why would anyone put up $750 just because Vail has added rights to a local parks&rec hill? Many urban skiers take a week in Colorado each year. Vail can now lock them in. It's not just Colorado, it's Tahoe too. If you spend a week at any of those resorts, a 6 day pass runs about $475. So essentially you end up getting a local pass for about $275. If they spend two weeks out West, your local pass is free. If you spend two weeks out west, you don't need the local pass for the big pass to make sense. |
#10
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Vail buys Mt Trashmore
On Dec 8, 2:56*pm, snoig wrote:
On Friday, December 7, 2012 7:48:36 PM UTC-7, lal_truckee wrote: On 12/7/12 6:17 PM, Richard Henry wrote: On Dec 7, 4:22 pm, snoig wrote: ... Both of those ski areas are located close to metropolitan areas that together have over one million skiers. The plan is to sell the $750 Epic Pass (good at all Vail Resorts) to those markets. If they can sell passes to just 3% of that market, they have made enough profit to pay for both areas.. Seems like a pretty smart deal. I'm afraid I don't see t he connection. *Why would anyone put up $750 just because Vail has added rights to a local parks&rec hill? Many urban skiers take a week in Colorado each year. Vail can now lock them in. It's not just Colorado, it's Tahoe too. If you spend a week at any of those resorts, a 6 day pass runs about $475. So essentially you end up getting a local pass for about $275. If they spend two weeks out West, your local pass is free.- Hide quoted text - - Show quoted text - Hi Snoig - It's good to hear from you again, it's been a long time since you posted. I hope to get out to Breck in late Jan and again in March for a week -2 weeks each trip. Are you still south of town? |
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