Monday, December 18, 2006

Steamboat Ski Area sale announced this week?

We are getting close to an announcement of a sale of our beloved Steamboat Ski Area. There have been quite a few twists and turns as ASC and the potential buyers have thrown in several curve balls but it is looking more likely that they will announce a deal this week. I won't divulge who the likely winner is for a couple of reasons but if it doesn't happen this week I think that ASC is spending more time gaming the deal than making it. You can bet I will have some more thoughts to share once we have an announcement. From a real estate perspective I have seen a strong uptick in the market demand wise. If history in other ski area is any guide things are likely to get a lot more interesting from here even without a ski area sale. Why? Because there are so many other improvements quality and experience wise coming together right now here in Steamboat. Scan down if you want to see more history on how this has unfolded. Stay tuned...

Back to the Steamboat Springs blog main page for more.

No comments: