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  1. #126
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    Sep 2009
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    Three Stooges of Mt Dweebus A-Lot

  2. #127
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    Jul 2006
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    voting in seattle
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    Maybe a park-in instead? chain your vehicles to each other and buckets of concrete in protest?

  3. #128
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    Dec 2003
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    Sea Level
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    Quote Originally Posted by PNWbrit View Post

    If they get rid of permit parking Oft, Buster and I will stage a protest sit in.
    Smash the state.

  4. #129
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    I sold mine.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  5. #130
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    Jan 2005
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    Keep Tacoma Feared
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    5,266
    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.

  6. #131
    Join Date
    Oct 2017
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    181
    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.

  7. #132
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    Oct 2017
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    523
    Quote Originally Posted by Rock Knocker View Post
    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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  8. #133
    Join Date
    Oct 2017
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    181
    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.

  9. #134
    Join Date
    Oct 2017
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    523
    Quote Originally Posted by Rock Knocker View Post
    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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  10. #135
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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?
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  11. #136
    Join Date
    Oct 2017
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    181
    Quote Originally Posted by fullStack View Post
    Was this most likely because there will be no more Senior passes, or some kind of #metoo thing?
    I think she was mad because they sold to some hill billy from WV
    Quote Originally Posted by PNW_Skier206 View Post
    She’s going to have to get in line. There isn’t any love lost with the Kirchers leaving.
    I wouldn't want to be the one to stop her as she muscled her way to the front of the line.

  12. #137
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    Oct 2017
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    Quote Originally Posted by Buster Highmen View Post
    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.

  13. #138
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    Dec 2003
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    Seattle
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    Quote Originally Posted by Rock Knocker View Post
    And there was an old lady there who I think wanted to punchout John Kircher. She was pissed.
    She might care to remember that Crystal was on it's knees and near financial collapse before Boyne came in.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

  14. #139
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    Quote Originally Posted by Rock Knocker View Post
    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.
    Fighting for market share or fighting for a decent parking spot?
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  15. #140
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    Oct 2017
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    Quote Originally Posted by PNWbrit View Post
    She might care to remember that Crystal was on it's knees and near financial collapse before Boyne came in.
    That may be true, but she was half in the bag. She went to the lounge at the Double Tree after and started some shit with a group of longshoremen.

  16. #141
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    Quote Originally Posted by Rock Knocker View Post
    That may be true, but she was half in the bag. She went to the lounge at the Double Tree after and started some shit with a group of longshoremen.
    I'm surprised that John ever agreed to take the meeting.... let some intern from Alterra fly over and take the abuse.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

  17. #142
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    Who is making the argument that the market for skiing in the Northwest is NOT growing? The supply seems to be awfully static.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  18. #143
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    Oct 2017
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    Quote Originally Posted by Buster Highmen View Post
    Who is making the argument that the market for skiing in the Northwest is NOT growing? The supply seems to be awfully static.
    I think that is true for the entire continent the last twenty to thirty years.

  19. #144
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    Quote Originally Posted by PNWbrit View Post
    I'm surprised that John ever agreed to take the meeting.... let some intern from Alterra fly over and take the abuse.
    The WV hill billy Alterra Crystal GM was supposed to be there but there was a death in his family. So John stepped in yesterday. Pretty nice of him.

  20. #145
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    Quote Originally Posted by Rock Knocker View Post
    I think that is true for the entire continent the last twenty to thirty years.
    Even the Northeast? If so, it's dwarfed by the growth in the PNW. Anyway, it makes no sense to sell based on market viability. Something else is up, maybe a better investment?
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  21. #146
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    Quote Originally Posted by Rock Knocker View Post
    So John stepped in yesterday. Pretty nice of him.
    Indeed.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

  22. #147
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    Oct 2017
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    Quote Originally Posted by Buster Highmen View Post
    Even the Northeast? If so, it's dwarfed by the growth in the PNW. Anyway, it makes no sense to sell based on market viability. Something else is up, maybe a better investment?
    In regards to the stagnant skier market for the last forty years

    http://www.nsaa.org/media/303945/visits.pdf

  23. #148
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    Oct 2017
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    Quote Originally Posted by Rock Knocker View Post
    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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  24. #149
    Join Date
    Oct 2017
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    181
    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.

  25. #150
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    Quote Originally Posted by Rock Knocker View Post
    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.
    It's not a particularly significant number in the bigger picture though.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

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