Passholders rewarded with dibs on first day; public rolls in on Wednesday.
Killington’s claim on first-to-open status in the East appears to be safe for another year. Its lifts, which operated through Memorial Day last spring despite what is now widely considered the worst winter ever in New England, will begin spinning again on Tuesday, the resort announced late Monday night following a five-inch snowfall over the weekend.
The first day of operation will be reserved for passholders—a special treat for the most loyal customers. Starting Wednesday, the general public is welcome.
EB-5 foreign investor money was misspent, investors were misled by Stenger and Quiros, says SEC. Assets frozen. Court places Vermont resorts in receivership.
The beauty of the EB-5 Immigrant Investor Program, Jay Peak co-owner Bill Stenger told SKI Magazine last year, was that it provided him with “patient capital,” the kind he and partner Ariel Quiros weren’t required to pay back on a set timeline as they went about developing Jay and Q Burke resorts in Vermont.
Forty-eight passengers stranded, then roped to safety, after historic Tram breaks down. No injuries reported. Reopening expected by weekend.
Officials at state-owned Cannon Mountain, N.H., said late Sunday that a problem with the drive motor on the historic Tramway caused it to break down on Valentine's Day, stranding 48 people for between 90 minutes and three hours in subzero temperatures.