Park City, UT Pays $17.5 Million to Operate This Winter: On Friday, September 5th, 2014 a Utah District Judge stated that Park City Mountain Resort (PCMR) would have to post a $17.5 million bond to operate the Park City ski resort during the 2014/15 winter season. If they don’t post this bond, they’d be evicted and would not be able to open the ski resort this winter. Yesterday, PCMR agreed to pay the $17.5 million to operate this winter. This is great news as it means that the ski resort will be open this winter. PCMR is appealing the ruling that they have to move out and Vail is going to move […] Industry News SnowBrains | September 10, 2014 0 Comments
Judge Grants EVICTION of Park City by Talisker | Game Over. At the end of a hearing over the Park City Mountain Resort (PCMR) eviction issue in Silver Summit’s 3rd District Court on Thursday, Judge Ryan Harris granted a requested by Talisker Land Holdings to evict PCMR. Talisker will legally able to evict PCMR on August 27th, 2014 if the judge signs the papers that day. PCMR has fought this whole thing toot and nail and they have lost. Goodbye PCMR, hello Vail. Talisker has chosen Vail Resorts to take over the lease once PCMR has been evicted. PCMR […] Industry News Miles Clark | June 20, 2014 7 Comments
Does Powdr Corp Need to Give Up It’s Fight to Get Park City Back? Powdr Corp, the former operators of Park City ski resort, made an egregious error this past year. They let their lease expire. Vail jumped on the opportunity and sued Powdr to get the resort from them. Powdr Corp sued back. Vail won. Powdr is appealing and fighting and suing Vail and the […] Industry News SnowBrains | June 10, 2014 0 Comments
Vail Resorts Makes Surprise Offer to Buy Park City The latest news in ongoing wranglings between Vail Resorts and PCMR, Vail Resorts has offered to buy Park City Resort’s base facilities. The offer comes in the form of a 5-page letter from Vail CEO Rob Katz, who says that Vail Resorts will buy Park City’s holdings for what he described as “…a fair price for both for both parties…” This is just the latest in a disagreement between Vail Resorts and PCMR […] SnowBrains | March 26, 2014 1 Comment
Park City Ski Resort SAFE from Eviction… For Now: On August 28th, Park City Mountain Resort (PCMR) was served an eviction notice from their landlord Talisker. “A firm under the Talisker Corporation umbrella on Wednesday served Park City Mountain Resort with a notice to leave the premises, giving the resort five days, until Monday, to move off most of the land where PCMR operates. In two documents delivered to […] Industry News SnowBrains | September 3, 2013 3 Comments
The Canyons is now being operated by Vail Resorts This could and probably will be huge for the Utah Ski Industry! And should be huge to anyone with an Epic Pass from Vail. In 2007 The Canyons, located adjacent to Park City Ski Resort, was bought from its defunct owner American Skiing Co. by Talisker, who also owns the lease for the Majority of the land that Park […] Kyler Roush | May 29, 2013 4 Comments
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