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ASC sells Killington-Pico


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#1 random_ski_guy

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Posted 20 February 2007 - 08:21 AM

For $83.5M to SP Land Corp.


http://biz.yahoo.com...05783.html?.v=1

#2 SkiBachelor

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Posted 20 February 2007 - 09:30 AM

It would be interesting to see how much ASC has lost while selling Heavenly, Mt. Snow, Killington, Sugarbush, Attitash and Pico from their original purchase price. However, it did make a profit on Steamboat.
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#3 skier691

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Posted 21 February 2007 - 09:45 AM

So what does that leave ASC.? Canyons?, Sunday River, Sugarloaf?. Who's going to be the next 'big one'? Muellers, Peak Resorts?? Bets?

#4 SkiBachelor

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Posted 21 February 2007 - 09:55 AM

Well, I would say that Boyne has taken the number 3rd spot, fallowed by Powdr and then down the line.
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#5 skier691

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Posted 21 February 2007 - 08:49 PM

Yeah, but Boynes sold then leased back their Brighton, Cyprus, and Gatllingburg operations. I'd say Peak Resorts, although they have smaller operations, is the next industry standard leader. They seem to care about improving the product, snow and fun, by making investments in snowmaking and other winter activities, instead of selling real estate to make a quick buck. But in over all size, Id forgot POWDR Corp, probably the next largest

This post has been edited by skier691: 21 February 2007 - 09:00 PM






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