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Burke sold to Jay Peak

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Author	Post
nelsap Profile \| Galleries Rank: Member Since: Nov 21, 2001 Posts: 3649 Location:Saratoga Springs, NY	Posted: May 24, 2012 - 2:16 PM GMT WCAX is reporting Burke has been sold to Jay Peak. That's all I know at this point. JD __________ Jeremy Davis

Jonni Profile \| Galleries Rank: Member Since: Oct 12, 2001 Posts: 2341 Location:Sunapee, NH & Rutland, VT	Posted: May 24, 2012 - 2:27 PM GMT Here's a link to the article on WCAX: http://www.wcax.com/story/18614019/burke-mountain-sold __________ Fall Line n. Imaginary line following the most direct path down a slope that skiers continuously traverse on a run, often stopping at other invisible slope features along the way like the Tumble Lane, the Stagger Path and the Topple Zone.

loudergood Profile \| Galleries Rank: Member Since: Dec 09, 2006 Posts: 21 Location:Burlington, Vt	Posted: May 24, 2012 - 3:04 PM GMT I feel like this is good news..

Betsy Profile \| Galleries Rank: Member Since: Sep 04, 2001 Posts: 1995 Location:Burlington Area, VT	Posted: May 24, 2012 - 3:13 PM GMT Quote: I feel like this is good news.. I hope so! Burke has tons of potential!

jmaul Profile \| Galleries Rank: Member Since: Jun 15, 2005 Posts: 920 Location:Greetings from Toms River, NJ	Posted: May 24, 2012 - 3:31 PM GMT Interesting. Maybe Jay had some extra EB-5 Visa money floating around.... __________ Jeff You either ski and die --- Or don't ski & die anyway --- Your choice

jb66 Profile \| Galleries Rank: Member Since: Jun 24, 2004 Posts: 1585 Location:	Posted: May 24, 2012 - 4:30 PM GMT Freeps has it too: sale

mapnut Profile \| Galleries Rank: Member Since: Jul 31, 2002 Posts: 5061 Location:New York City	Posted: May 24, 2012 - 5:18 PM GMT Peak-to-peak tramway!

abubob Profile \| Galleries Rank: Member Since: Oct 27, 2008 Posts: 748 Location:Bristol, NH	Posted: May 24, 2012 - 5:35 PM GMT Wow - its like Jay peak just got a little closer!

rocket21 Profile \| Galleries Rank: Member Since: Sep 13, 2001 Posts: 8403 Location:USA	Posted: May 24, 2012 - 6:47 PM GMT Edited: May 24, 2012 - 6:47 PM GMT It would be interesting to see how much of a factor the payments on the new lifts at Burke was, in regard to resulting in a sale. __________ NewEnglandSkiHistory.com

ThatNYguy Profile \| Galleries Rank: Member Since: Sep 08, 2001 Posts: 1748 Location:Circling near Albany, NY	Posted: May 24, 2012 - 6:49 PM GMT The timing of this is quite interesting and smart thinking on Burke's behalf is outstanding.

nelsap Profile \| Galleries Rank: Member Since: Nov 21, 2001 Posts: 3649 Location:Saratoga Springs, NY	Posted: May 24, 2012 - 7:51 PM GMT I think this can only be good for the area...Burke has tons of development potential, and I highly doubt that Jay would come in an ruin Burke. I can imagine their highest priorities are the relocation of the summit FG quad to the East Bowl, and a new Mid-Burke Lodge, and the Inn that has been discussed. Too bad this didn't happen 15 years ago when I was at Lyndon State, lol. JD __________ Jeremy Davis

joshua segal Profile \| Galleries Rank: Member Since: Jul 12, 2004 Posts: 5941 Location:NH	Posted: May 24, 2012 - 9:39 PM GMT As I recall, Burke was on the verge of NELSAP a few years ago - so this sounds like a really good opportunity to stabilize Burke into the fabric of VT skiing. __________ Joshua Segal

MissDaEast Profile \| Galleries Rank: Member Since: Dec 17, 2002 Posts: 2317 Location:So. Cal / Exit 1-I89,VT	Posted: May 24, 2012 - 11:46 PM GMT Call me crazy, but I LOVE Burke just the way it is!!! I love the mid-Burke lodge; it's so retro (I'd say "NELSAPpy" but that might give the impression that I love dead things). And, I sure hope that they don't mess with the Seniors' deals! The Tuesday/Thursday deal is worth the 90 minute drive twice a week. I even found a group of proficient "seasoned" women skiers who tolerate my company and efforts to keep up with them. I suppose they'll still be there, but I hope I'll still be able to afford it. It is a great ski area, and I wish it all the best!

playoutside Profile \| Galleries Rank: Member Since: Mar 23, 2007 Posts: 177 Location:Near Boston & Northern NJ	Posted: May 25, 2012 - 1:01 AM GMT I'm not excited about this; I understand it was probably a necessity to keep it alive long term. Hopefully it can be good for Burke, but I like Burke just the way it is. As nice as it is to have a decent lift, I could already feel how different it made the mountain. I really hope it can retain it's charm and feel.

photogf128 Profile \| Galleries Rank: Member Since: Apr 10, 2004 Posts: 2605 Location:MRV Vermont	Posted: May 25, 2012 - 1:37 AM GMT Looks like Ginn did a Jeremy Lin and passed it off. With the poor past season and the depressed real estate I would say it's a buyers market. I heard Ginn re-assigned the exec that talked them into getting in the ski resort biz to a brand new golf resort in Chernobyl. The odd seemingly natural green glow at night is marketed like a ground version of the northern lights. Very romantic. Starting to think Bill Stenger won a big lottery somewhere. As far as EB-5 money, if they add/build something at Burke that produces jobs I suppose they could use that program. The Peak to Peak Tram would definately do the trick. __________ facebook.com/profile.php?id=1454198707#!/pages/American-Photoart-Gallery/90884206988

tom white Profile \| Galleries Rank: Member Since: Sep 08, 2004 Posts: 708 Location:South Windsor, CT	Posted: May 25, 2012 - 12:10 PM GMT SAM Magazine--May 24, 2012--QBurke Mountain Resorts, LLC, a company headed by businessman Ariel Quiros has acquired Burke Mountain Resort, Vt. Quiros, along with Bill Stenger, president and co-owner of Jay Peak Resort, Vt., purchased the Jay Peak Resort from Mont Saint-Sauveur Valley resorts in June 2008. The ownership of QBurke Mountain Resorts, which includes Jay Peak President and co-owner Bill Stenger, took ownership of Burke Mountain Resort May 22, 2012. Tim McGuire, GM of Burke Mountain Resort said, “We are all pleased to see such an experienced group taking ownership of our great resort. There is a great vision in place and the QBurke Team is eager to see this vision become reality.” Bill Stenger, president of Jay Peak Resort and part of the QBurke ownership team said, “Burke Mountain embodies what is best about Vermont skiing, a quality mountain experience, a group of employees that love the sport and a community that is full of authentic Vermont Character. Jay Peak and Burke Mountain have much in common and I look forward to seeing the resorts continue to prosper and grow. We expect some exciting promotional cooperation between the resorts this coming winter as we review the plans for Burke Mountain’s future,” Stenger concluded. Employee and community meetings will be scheduled shortly to review Q-Burke’s future plans for the resort.

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