As
@tball pointed out, I was confusing Alterra and Powdr ownership... I agree that Alterra's not going to sell Eldora, since they don't even own it
But I think a lot hinges on just what Alterra's strategy is.
@Muleski has made the argument in the past, and did so again recently in
this thread, that Alterra's been telling its investors that their long-term play is not about competing for day skiers or going head-to-head with Vail, it's about applying the Aspen model across more properties to drive increased revenue from big spenders (or at least that's my interpretation). If this is accurate, then they're looking for a way either to lure high-value vacationers to Winter Park or to unload it. Spiking it's visitation numbers up with what looks like an unsustainable Ikon product gives the appearance that they want to sell it, but investing in a big new gondola says maybe they're in it for the long haul. Maybe they're not even sure yet. But luring lots more day-trippers from the front range is only going to decrease its appeal to choosy vacationers, as the crowds will erode its reputation.