With the consolidation of ski areas by megacorps, the price of skiing in the US has gone through the roof. It’s cheaper to ski in the Swiss Alps, including the plane fare.
One of the ski industry megacorps, Powdr, is selling off some of it’s ski areas. Community groups in Bend, OR, and Nederland, CO are looking into buying their local ski areas. Reminds me of the Green Bay Packers, which I know nothing about.
It started as a joke on a Facebook forum in August, when news came that Mount Bachelor, one of the country’s biggest ski areas, was for sale.
“I’ve got $20 and some old boards I can pitch in,” wrote Dan Cochrane, a snowboarder from nearby Bend, Oregon.
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Mt. Bachelor Community Inc. plans to submit a formal bid to Powdr any day now, probably in the neighborhood of $200 million. Will it be in time? Will it be enough? Will it be considered?
Since the news broke of the Town of Nederland’s idea to acquire the Eldora ski area, affiliates across the state have taken notice. Certain parties have expressed their interest in the prospect of investing, or even partnering, and speculation about every conceivable aspect of this Idea of a Concept of a Plan has spread across different media platforms all over Colorado.
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“The only real feasible path forward is for us to take a revenue bond, which is created from what is called an enterprise fund,” Cain explained. “We think this will align with the goals of the community as it will run separately from the rest of the Town. It would have its own revenue, its own expenditures, would be operated professionally, and run like a business.”