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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Sun Apr 16, 2017 6:39 am 
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Center Bowl
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If one of the sister resorts can do it, maybe the powers that be will reconsider keeping Mammoth open past the 4th?

http://snowbrains.com/squaw-valley-ca-c ... 18-season/


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Apr 17, 2017 3:51 pm 
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Dave's Run
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snowhottie wrote:
Quote:
“We have taken great pride in our ownership of Mammoth over the last 12 years...
[...]
said Barry Sternlicht, Chairman and CEO of Starwood Capital Group. “We had greater plans for Mammoth but the Great Recession and then some less favorable weather, interfered with our strategic aspirations in a finite life investment vehicle.


Am I misinterpreting or did he pretty much just say the clock was ticking when they signed because they were planning on a pump and dump, but they got stuck staying in a lot longer than they had planned because of the Recession and Drought screwing up their plans? Like maybe they would have been gone 5 years ago?


that's how i read it, too

unintended transparency?

not your typical business sound bite, at all

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Apr 17, 2017 4:09 pm 
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Rodger's Ridge
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ocboarder wrote:
Welp

That suggests passes will change and the last day of skiing on the 4th of July

Great.


Rusty wrote in his email: "Mammoth Mountain is open through July 4."

I think you're reading more into his statement than intended. It still says "or longer" on the Mammoth home page graphic. I don't think Rusty wanted to say something like "mid July" when it's too early to know how long they'll be able to stay open. While the snowpack is plenty deep now it can melt out quickly with above average temps and a lack of cloud cover in May and June. Rusty is still CEO and I can't imagine that he doesn't have authority to keep it open longer if conditions permit.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Apr 17, 2017 8:52 pm 
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Dave's Run
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SurfnSnowboard wrote:
ocboarder wrote:
Welp

That suggests passes will change and the last day of skiing on the 4th of July

Great.


Rusty wrote in his email: "Mammoth Mountain is open through July 4."

I think you're reading more into his statement than intended. It still says "or longer" on the Mammoth home page graphic. I don't think Rusty wanted to say something like "mid July" when it's too early to know how long they'll be able to stay open. While the snowpack is plenty deep now it can melt out quickly with above average temps and a lack of cloud cover in May and June. Rusty is still CEO and I can't imagine that he doesn't have authority to keep it open longer if conditions permit.


One can only hope SnS.

Looks to like I'll be able to ski in a t-shirt this weekend

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Mon Apr 17, 2017 9:24 pm 
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Rodger's Ridge
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Perfect weather for the pond skim this weekend.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue Apr 18, 2017 1:43 pm 
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Broadway
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Rumor has it Rusty wants to stay open year round, details to be announced soon. I overheard that last night while sipping pale ale in the Village.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue Apr 18, 2017 2:44 pm 
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Kiwi Flat
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mammoth420 wrote:
I overheard that last night while sipping pale ale in the Village.

Image


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Wed Apr 19, 2017 2:28 pm 
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Rodger's Ridge
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Apparently Rusty isn't the only one:

Buoyed by fresh snow adding to an already historic snow total, Squaw Valley CEO Andy Wirth raised eyebrows this week by suggesting the resort might stay open for skiing and snowboarding through the summer.

“I’m actually considering staying open through the summer and fall so it becomes the ’16-’17-’18 season,” Wirth told Truckee Tahoe Radio KTKE (101.5 FM). “We’re taking a hard look at that. Maybe we spin Shirley (chairlift) through the summer. There’s so much snow up there.”

Read more here: http://www.sacbee.com/sports/outdoors/a ... rylink=cpy

If Squaw can do then Mammoth should be able to do it too. The forecast for the next 2 weeks looks warm and dry so it may come down to whether or not it snows in May.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Sat Apr 22, 2017 9:08 pm 
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Rodger's Ridge
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In today's Sheet News:

Gregory Talks Mammoth's Change of Ownership

Same, Same but Different

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Sun May 07, 2017 5:16 pm 
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Sesame street
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An interesting take on the acquisition from the Denver Post

Consolidation, emerging duopoly in ski resort industry might raise antritrust concerns

http://www.denverpost.com/2017/05/07/sk ... -concerns/


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Sun May 07, 2017 8:42 pm 
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Dave's Run
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Maybe it's been discussed here, but it seems like they'd want to capitalize on their Non-Epic "multi-pass" asap. I wonder if they'll introduce it in fall with an opportunity for an upgrade by passholders from their mountains. Or is that just too big of an undertaking technologically? (RFID systems, etc)


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue May 09, 2017 3:38 pm 
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Kiwi Flat
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I just heard from a good friend that works for the forest service that Aspen/KSL has summited plans for connecting Mammoth and June. Kinda like they did with Squaw/Alpine.

Dave's dream might just come true.

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue May 09, 2017 5:56 pm 
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Rodger's Ridge
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onegoodturn wrote:
I just heard from a good friend that works for the forest service that Aspen/KSL has summited plans for connecting Mammoth and June. Kinda like they did with Squaw/Alpine.

Dave's dream might just come true.

I call BS. No way they could have developed a plan already. And of all the things that they need to spend money on at Mammoth that would be WAY down the priority list probably at the very bottom.


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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue May 09, 2017 9:03 pm 
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Center Bowl
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SurfnSnowboard wrote:
onegoodturn wrote:
I just heard from a good friend that works for the forest service that Aspen/KSL has summited plans for connecting Mammoth and June. Kinda like they did with Squaw/Alpine.

Dave's dream might just come true.

I call BS. No way they could have developed a plan already. And of all the things that they need to spend money on at Mammoth that would be WAY down the priority list probably at the very bottom.


As I recall the Sierra Club threatened Dave with litigation if he tied to connect the two resorts do to the impact it would have on deer migration.


Last edited by LVTOSKI on Tue May 09, 2017 9:30 pm, edited 1 time in total.

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 Post subject: Re: Mammoth bought by Aspen / KSL Capital Partners
PostPosted: Tue May 09, 2017 9:21 pm 
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Rodger's Ridge
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I have no doubt that any attempt to link the two resorts would be tied up in court for years.

Think of the logistics involved in supporting lifts to link them. Huge costs involved.


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