The long, lingering feud between our two local resorts might be close to some conclusion.
Today, our local newspaper announced that Park City Mountain Resort (PCMR) had just received an eviction notice from Vail, its new landlord. So, now, what is likely to happen?
My prediction is that it could go several ways.
First the parties involved make up, PCMR agrees to pay an exorbitant rent amount to Vail, plus perhaps some extra concessions for future lift connections and life goes on. A wonderful, but unlikely scenario.
Alternatively, PCMR throws in the towel, sells or leases its interests at the base of the resort to Vail and the later can connect the two, creating the largest ski area in North America.
Finally, PCMR lets its landlord shut down its operation, there's no skiing for at least one full season - or more - in what used to be known as Park City Mountain Resort and the entire community pays a huge economic price to satisfy the ego of the Cummings family that owns PCMR.
Let's hope we won't see that third alternative...
Thursday, August 29, 2013
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