A dispute between Utah’s Park City Mountain Resort and Talisker the Canadian real estate company who owns the land the resort’s lifts operate on has resulted in PCMR being served an eviction notice giving the resort until Monday, September 2, 2013 to vacate the premises, according to a story in the Salt Lake City Tribune.
This obviously has many locals worried about what Park City’s business climate would look like without the resort operating. And there’s more. Vail signed a lease in May 2013 to operate PCMR’s nearest competitor The Canyons which is owned by Talisker and we’re guessing Vail would love to run the lifts at Park City as well. Representatives of PCMA resort say this eviction notice is simply bullying by the land owner and Vail.
“Vail’s eviction notice is nothing more than a bald-faced attempt to circumvent the litigation already in process and interfere with our business,” Jenni Smith, president and general manager, said in a statement. “We will not give in to Vail’s bullying.”
The litigation behind the eviction revolves around lease negotiations between Park City Mountain Resort and Talisker. Since the 1960s PCMR has reportedly been paying a ridiculously low $155,000 a year to lease the thousands of acres the ski resort sits on. Talisker claims it simply wants to be paid a what they consider “fair rent.”
“There is no intent by Talisker to take any action that would prevent PCMR’s ability to operate their resort during the upcoming 2013-2014 ski season,” said Vail spokeswoman Kelly Ladyga. “We are very cognizant of the importance of this situation to the entire Park City community and we look forward to bringing this situation and its uncertainty to a conclusion.”
Either way, it is highly doubtful that anything consumer facing will change during the 2013-14 ski season, so everyone who is worried can relax, buy a season pass and shred on. And for the record, over the years we’ve learned that when it comes to ski resorts corporations and real estate, there is rarely a “good guy” for us to even pull for. For the rest of the story, click the link.
[Link: Salt Lake City Tribune]
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