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  1. #76
    Join Date
    Dec 2010
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    2
    IMHO, at the very least the ski resorts should not jack up the prices for 20/21 season passes. The economy is tanking, more people will lose their job and we will have less disposable income.

    Also, the ski resorts might open late for the 20/21 season because some sort of social restrictions are still in place. I know, it sounds crazy but flattening the curve to prevent our health care system from collapsing also means we're going to be in a somewhat restricted situation for quite some time. I'm not talking about a total shutdown but something less severe that prevents a ski resort from operating. One more reason to not increase prices.

  2. #77
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    Nov 2005
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    Down In A Hole, Up in the Sky
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    I wonder if ski resorts would have kept operating in the early 30’s. Purely hypothetical, of course.
    Forum Cross Pollinator

  3. #78
    Join Date
    Jan 2008
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    truckee
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    12,759
    Quote Originally Posted by StopGroomingMoguls View Post
    IMHO, at the very least the ski resorts should not jack up the prices for 20/21 season passes. The economy is tanking, more people will lose their job and we will have less disposable income.

    Also, the ski resorts might open late for the 20/21 season because some sort of social restrictions are still in place. I know, it sounds crazy but flattening the curve to prevent our health care system from collapsing also means we're going to be in a somewhat restricted situation for quite some time. I'm not talking about a total shutdown but something less severe that prevents a ski resort from operating. One more reason to not increase prices.
    I don't know if we'll still be distancing come next winter but as far as recession--even in a depression there will be people with money to ski. Most businesses have found that you can make more money selling to a few people dear than to a lot of people cheap. So don't hold your breath for cheaper passes. Although if you do, at least you won't get covid.

    As far as sking in the the Great Depression goes--Sugar Bpwl opened in 1939 and was very popular with Hollywood celebrities, who had plenty of money. (BTW--both the Golden Gate Bridge and the Bay Bridge were built in the Depression, and the transcontinental railroad was started in the middle of the Civil War. Life goes on in the middle of national catastrophes. That may not be true for the current catastrophe by the time it's over though.)

  4. #79
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    Jan 2008
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    truckee
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    12,759
    Sugar Bowl is not offering any refund on this year's pass. They guaranteed 100 days open and they were well over that when they closed. They are offering a 30-75 dollar resort credit for renewal for next year. They didn't say anything about a refund if they don't open so I asked them about it, waiting for a reply. I'm guessing the same 100 day guarantee.

  5. #80
    Join Date
    Oct 2003
    Location
    Banff
    Posts
    20,731
    marmot (jasper alberta) is doing early season passes (mid summer) at 30%ish off


  6. #81
    Join Date
    Sep 2006
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    3,401
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  7. #82
    Join Date
    Mar 2005
    Location
    Dystopia
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    10,613
    Life has become immeasurably better since I have been forced to stop taking it seriously.
    Hunter S. Thompson

  8. #83
    Join Date
    Mar 2006
    Location
    SLC
    Posts
    2,170
    https://www.vaildaily.com/news/vail-...-shareholders/

    We continue to find ourselves living through an unprecedented time as the situation with COVID-19 grows more challenging, with everyone across our planet now dealing with very real and significant health risks and impacts. This crisis has hit the travel industry particularly hard. Currently, all of our mountains, lodging, retail, and transportation businesses are shut down and it is becoming less clear when things will start to reopen again. We reported two weeks ago that the early closure of our North American operations will cost the Company at least $180 million to $200 million in lost profitability in our third quarter ending April.

    I am very hopeful that both the economy and travel will return to normal by the time our North American winter season opens eight months from now. However, we also need to remember that we have substantial business operations set to open over the next few months – our Australian winter season, Grand Teton Lodge Company, as well as our lodging, retail, and summer mountain operations at our North American resorts, which collectively represent more than 20% of our total revenue. With the very real possibility that the global stay-at-home orders could be extended, and travel reduced regardless, our business in May through October is at risk. We will work hard to reopen as soon as practical, but much of this is now outside of our control.

    Because of these realities and to ensure that we can navigate the financial challenges ahead, we are taking certain measures, including some that will unfortunately affect each of our U.S. employees:

    We are furloughing nearly all of our U.S year-round hourly employees as of April 4, 2020, for at least the next one to two months, without pay, but with full healthcare coverage for any impacted employee currently enrolled (the Company will pay all premiums).
    We are implementing a six-month salary reduction for all U.S. salaried employees that starts at 5% for those up to Grade 27, 7.5% for Grades 28/29, 10% for Grades 30/31, and then rises up to a 25% reduction for our most senior executives.
    I am giving up 100% of my salary during the next six months.
    We are eliminating 100% of the cash compensation for members of our Board of Directors for six months.
    We are suspending the Company’s 401(k) match for the next six months.
    We are reducing our capital expenditures by $80-$85 million, with the intention to defer all new chair lifts, terrain expansions and other mountain improvements, while protecting the vast majority of our maintenance capital spending.
    We are eliminating our June and September dividends to shareholders, saving the Company more than $140 million.
    I recognize this is very disappointing news to be receiving and I had hoped we would not have to take this action. But with each passing week, the financial consequences have become more apparent. To our year-round hourly employees, I am so disappointed that the vast majority of you have not been able to work these past three weeks and I assure you we will end the furlough as soon as possible once we have clarity on our business reopening. To our year-round salaried employees, who are working from home, in many cases harder than ever, I truly am sorry to have to ask you to give even more by accepting a salary reduction – we are asking everyone to accept some sacrifice so that we weather this storm together and are ready to come back strong for next winter. For those of you with questions, your leader will be reaching out to discuss the situation with you over the coming days.

    I am sure many of you are wondering if these actions will be enough. Will there be more changes coming? Once again, if I am honest with myself, I have to give the toughest answer for any CEO – I really don’t know. It’s possible that things could quickly improve. But it’s also possible these challenges may force us to materially delay or cancel our upcoming summer season. In that case, more measures might be needed.

    I have made decisions over the last few weeks that I never could have anticipated in my nearly 30 years working in the ski business. I recognize the impact of today’s decisions on you, and I do not take them lightly. I am humbled and grateful for your passion and dedication to each other, our communities and our industry – it’s what makes our sport and this Company so special. Please know, I am fully committed to help steward our Company and our entire industry forward so we can all continue to thrive in the mountains for years to come. During this challenging time, please continue to prioritize your health, safety and wellbeing.

    Rob

  9. #84
    Join Date
    Sep 2006
    Posts
    3,401
    Maybe they will run one or two lifts on weekends next season depending on how COVID-19 part II goes?
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  10. #85
    Join Date
    Jun 2004
    Posts
    2,663
    Quote Originally Posted by Ottime View Post
    By no means do I think there should be or will be a discount based on a pandemic taking hold and humans needing to shelter in place to keep it from spreading and resorts doing the right thing and closing down before mandated by laws.

    That said, your comment is asinine. Not everyone has the same plan as you. Due to my family's schedule, we do most of our skiing March, April and May. That is when we have places to stay due to our friends home being free to use from mid-March on, when they switch to lacrosse and whatever they do when they think ski season is over.

    We did get our money's worth already, but that does not mean everyone has. Some folks just prefer spring skiing anyway. I know several pass holders that have skied 2-4 days this winter, with several planned trips this March and April. So they did not get their pass worth. Down to about $157 - $314 per day.
    I was scheduled to go to Mammoth from the 21st to the 29. I am most bummed about missing the skiing, not that I won't get worth out of my pass. I am at about 25 days for the season, with around 15 of those at Mammoth and 10 at Baldy. That is partially by choice, I have a 5 day trip, two three day trips and a couple of two day trips at Mammoth so far and I have decided to stay here and ski baldy/surf on a couple of occasions. I could have spent more time at Mammoth, it has been a choice to not go on a couple of weekends, but with 15 days and 10 at Baldy I don't really think I am getting hosed on the pass. Plus, like I said Mammoth has been open on plenty of weekends when I have decided not to go. Because I had a 9 day trip and at least 3 more weekends, probably a couple of three days and a two day, I got about half the Mammoth days I would have without the virus.

    We have our ski lease through May 20. I don't know if we will be able to use it again. It is a sunk cost.

    I don't see the resorts giving people any money back. In Mammoth's case they are losing about 3 months, more if they were going to go to the fourth of July, but they have been open since early November, so they would probably argue that everyone has had the opportunity to get some days, regardless of whether or not they exercised it.

    But yeah, I would say that while people have had the opportunity to get their money out of the pass, cutting the season short by at least 2.5 months is going to really hose certain people, particularly those that, like me, ski a lot in the spring.

    While it does sort of suck, obviously people getting their worth of the pass is not a huge deal globally.
    "Have you ever seen a monk get wildly fucked by a bunch of teenage girls?" "No" "Then forget the monastery."


    "You ever hear of a little show called branded? Arthur Digby Sellers wrote 156 episodes. Not exactly a lightweight." Walter Sobcheck.

    "I didn't have a grandfather on the board of some fancy college. Key word being was. Did he touch the Filipino exchange student? Did he not touch the Filipino exchange student? I don't know Brooke, I wasn't there."

  11. #86
    Join Date
    Sep 2009
    Location
    summit county
    Posts
    330
    What Im wondering is if they are still going to hold to their deadlines for pass purchase/ renewal for 20/21.

  12. #87
    Join Date
    Dec 2014
    Location
    Colorado Front Range
    Posts
    3,743
    Quote Originally Posted by Leshphilling77 View Post
    What Im wondering is if they are still going to hold to their deadlines for pass purchase/ renewal for 20/21.
    The overarching question for you is whether you expect there to be a ski season next year.

    I'm setting the over/under at Feb. 1st.

    I'm viewing waiting it out at the risk of higher prices as the equivalent of pass insurance.

    ... Thom
    Galibier Design
    crafting technology in service of music

  13. #88
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    2,386
    Aren't all the models predicting the virus to be way worse next winter than right now?

  14. #89
    Join Date
    Dec 2007
    Location
    Denver
    Posts
    2,302
    Quote Originally Posted by Kevo View Post
    Aren't all the models predicting the virus to be way worse next winter than right now?
    Yikes. I have not yet heard that.

    Im holding off on buying a pass for quite awhile. Im playing wait and see.

  15. #90
    Join Date
    Mar 2005
    Location
    Dystopia
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    10,613
    Quote Originally Posted by Kevo View Post
    Aren't all the models predicting the virus to be way worse next winter than right now?
    Haven’t heard that but wouldn’t surprise me.

    This will comeback next winter.

    The key is antibody testing. Knowing you had it and can go back to work.
    Life has become immeasurably better since I have been forced to stop taking it seriously.
    Hunter S. Thompson

  16. #91
    Join Date
    Sep 2006
    Location
    Midgaard
    Posts
    2,863
    Ill just put this here: Vail to merge with Alterra - https://unofficialnetworks.com/2020/...nounce-merger/


    Sent from my iPhone using TGR Forums

  17. #92
    Join Date
    Mar 2005
    Location
    Dystopia
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    10,613
    Quote Originally Posted by Fritz View Post
    I’ll just put this here: Vail to merge with Alterra - https://unofficialnetworks.com/2020/...nounce-merger/


    Sent from my iPhone using TGR Forums

    Yesterday’s news. You almost got me. Lulz
    Life has become immeasurably better since I have been forced to stop taking it seriously.
    Hunter S. Thompson

  18. #93
    Join Date
    Sep 2006
    Location
    Midgaard
    Posts
    2,863
    Lol


    Sent from my iPhone using TGR Forums

  19. #94
    Join Date
    Jan 2009
    Posts
    817
    Quote Originally Posted by Kevo View Post
    Aren't all the models predicting the virus to be way worse next winter than right now?
    No.

    Please show such "models."

  20. #95
    Join Date
    Oct 2011
    Location
    Aspen
    Posts
    897
    Q&A with SkiCo's CEO Mike Kaplan this week. Probably doesn't relate to IKON, potentially Aspen Premier Pass Holders ($1500-2400 for a full season pass):

    AT: Will ASC refund season pass holders for the unused portion of their passes?

    MK: Refunds are not likely, as season passes are not sold on a per use basis. However, we are looking at what we can do to recognize the season was shortened and offer value to pass purchasers. We also want to wait and see what happens the rest of spring and remain committed to reopening if state and local officials lift their orders and are comfortable doing so. That seems to be less and less likely, but we are maintaining our optionality for Highlands just in case things change. This entire shutdown and set of state and county orders are unprecedented and fast-moving. It’s hard to remember, but it’s still only April 1!

    AT: Any idea yet how this season’s abrupt end will affect season pass prices for next season?

    MK: We planned to go on sale with season passes in mid-March, but that was pushed back based on the COVID outbreak. The team is finalizing their plan so stay tuned for an update in the coming weeks.

  21. #96
    Join Date
    Jan 2008
    Location
    truckee
    Posts
    12,759
    The number one rule of skiing--ski when you can. You never know when the weather or snow will suck when you were planning to go, you get sick or hurt, the road will close, or a pandemic or asteroid hits. If you think the skiing will suck and you stay home you might have made a wise choice or you might miss an epic day. You snooze you lose. Or you wait and go when you're sure it will be a primo day and so does everyone else and you wind up with a 10 hour drive and 2 hour lift lines. And the mountain completely tracked out in 15 minutes.

  22. #97
    Join Date
    Oct 2003
    Location
    Seattle
    Posts
    19,783
    I can't ever remember saying "shit, I should have worked today instead of skied."

  23. #98
    Join Date
    Sep 2006
    Posts
    3,401
    Like Warren Miller said, "No one on their death bed ever said, 'I wished I had worked more'!"
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  24. #99
    Join Date
    Jan 2008
    Location
    livin the dream
    Posts
    3,735
    Quote Originally Posted by MrPow View Post
    Are either of them offering any discounts for next year - since half the season's been cancelled.

    Has anyone called to find out

    Marty
    Why don't you fucking call. Pick up the phone and ask the question if you are curious.
    Best Skier on the Mountain
    Self-Certified
    1992 - 2012
    Squaw Valley, USA

  25. #100
    Join Date
    Feb 2007
    Location
    Colorado
    Posts
    2,724
    Quote Originally Posted by Kevo View Post
    Aren't all the models predicting the virus to be way worse next winter than right now?
    Complex multi-variable predictive models are always wrong, the question is by how much. So far they've generally been off by orders of magnitude after only a week or two. Anyone trying to tell you what this will do 8-12 months from now is trying to sell you on something.
    "High risers are for people with fused ankles, jongs and dudes who are too fat to see their dick or touch their toes.
    Prove me wrong."
    -I've seen black diamonds!

    throughpolarizedeyes.com

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