Thursday, October 25, 2007
A "one-company" town?
Let me quickly set the stage for you. Park City has three ski resorts that are all different entities and are not interconnected (yet.) Park City Mountain Resort and Deer Valley Resort are leasing their land from Talisker, a Canadian-based real estate company. That same Talisker is about to purchase and operate The Canyons, our third ski mountain that sits just next to Park City. Since the landlord for the two first resorts will now be operating the third one, one could speculate that Park City resorts now have a common denominator, which would make it the de-facto dominating economic force in the community. How should our city engage that 800 pound gorilla? What should we expect from them? Should we instead, as many advocate, roll over and play dead under the behemoth? This certainly is not my opinion. The silver lining of that consolidation could be that, with a single underlying player, we might get closer to interconnecting our resorts and offer a much enhanced skiing and snowboarding experience.
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