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	<title>Comments for Killington Real Estate Blog</title>
	<link>http://blog.prestigekillington.com</link>
	<description>Killington Vermont real estate news</description>
	<pubDate>Fri, 25 Jul 2008 08:43:07 +0000</pubDate>
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		<title>Comment on Killington Real Estate UPDATE by Bob</title>
		<link>http://blog.prestigekillington.com/uncategorized/killington-real-estate-update/54/#comment-6894</link>
		<pubDate>Sat, 19 Jan 2008 21:37:05 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/killington-real-estate-update/54/#comment-6894</guid>
					<description>Why are the properties so cheap?</description>
		<content:encoded><![CDATA[<p>Why are the properties so cheap?
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		<title>Comment on Killington Resort Success will bode Success for All by Matt Hill</title>
		<link>http://blog.prestigekillington.com/uncategorized/killington-resort-success-will-bode-success-for-all/51/#comment-4051</link>
		<pubDate>Wed, 20 Jun 2007 19:42:19 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/killington-resort-success-will-bode-success-for-all/51/#comment-4051</guid>
					<description>Nyberg is telling that people what they want to hear, that his company will invest money in the ski area.  But the fact is they have only stated they will spend $3 million this year.  No new lifts, no new trails.  Spreading $3 million over Killington and Pico, is a start but not enough to make the average visitor notice a difference.

&quot; New season pass rates are out that support a strategy to improve the customer experience and make money. &quot;

I have no doubt that new season pass rates support a strategy to make money.  But I doubt it will be successful, (since it will lower skier visits) and their is NO EVIDENCE (only promises) that the new rates will improve skiers experiences.

I think the new owners simply want to build &amp;#38; sell condos.  Yippee.</description>
		<content:encoded><![CDATA[<p>Nyberg is telling that people what they want to hear, that his company will invest money in the ski area.  But the fact is they have only stated they will spend $3 million this year.  No new lifts, no new trails.  Spreading $3 million over Killington and Pico, is a start but not enough to make the average visitor notice a difference.</p>
<p>&#8221; New season pass rates are out that support a strategy to improve the customer experience and make money. &#8221;</p>
<p>I have no doubt that new season pass rates support a strategy to make money.  But I doubt it will be successful, (since it will lower skier visits) and their is NO EVIDENCE (only promises) that the new rates will improve skiers experiences.</p>
<p>I think the new owners simply want to build &amp; sell condos.  Yippee.
</p>
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		<title>Comment on Powdr seeks for Killington what Vail achieved this year by Matt Hill</title>
		<link>http://blog.prestigekillington.com/uncategorized/powdr-seeks-for-killington-what-vail-achieved-this-year/48/#comment-4050</link>
		<pubDate>Wed, 20 Jun 2007 19:33:05 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/powdr-seeks-for-killington-what-vail-achieved-this-year/48/#comment-4050</guid>
					<description>It may sound like a strategy, but it's not a sound one.  It's idiotic.

Killington is not Vail.  Vail is a brand that has been developed over decades as a luxury product.  It has light, dry powder, immense bowls and the majesty of the Rockies.  Along with Aspen, even non-skiers know Vail as a premier, luxury resort.  People expect to pay a premium and they expect premium services to be in place when they visit.  This was my experience when I visited Vail.  It was expensive, but it was worth it.  

Killington cannot simply raise prices, invest a relative pittance of $3 million, call itself premium and expect to become Vail.  Nyberg has said profitability will lead to future investment.  Is he a real business person?  You have to invest before you profit.  You cannot declare (and price yourself as) a luxury resort without having the facilities IN EXISTENCE.  And in reality, more than just having facilities, you have to build the brand before it's recognized as luxury.

Imagine 2 limo services for weddings.  One is called &quot;A&quot; - a vintage white Rolls Royce that has been impeccably maintained.  They get celebrity weddings and cater to rich people, renting the car sparingly.  The chaffeur is British, the champagne they serve to the couple is perfectly chilled, and everyone knows it.  They charge twice as much as the competition.

The second limo service B is a stretch Lincoln from the 90s that has 100,000 miles on the odometer.  It looks fine, they wash it regularly, it doesn't break down (too often, (Canyon Quad!)) but it has a couple dents.  They charge half the price and do four times as many weddings as the other company.  

This is fine.  They serve different markets.  B may even be more profitable than A, with lower costs and higher revenue.

But what happens when B decides to install a DVD player (minor upgrade) and raise his price to 75% of A's?  Of course customers will desert B for another lower cost competitor (Gore/Whiteface blackout pass: $475 vs. K-ton $599)  

And then B's owner says, &quot;well, I will upgrade my service to justify the high price when this one starts being profitable!&quot;   Really?  You think that will work?

Matt</description>
		<content:encoded><![CDATA[<p>It may sound like a strategy, but it&#8217;s not a sound one.  It&#8217;s idiotic.</p>
<p>Killington is not Vail.  Vail is a brand that has been developed over decades as a luxury product.  It has light, dry powder, immense bowls and the majesty of the Rockies.  Along with Aspen, even non-skiers know Vail as a premier, luxury resort.  People expect to pay a premium and they expect premium services to be in place when they visit.  This was my experience when I visited Vail.  It was expensive, but it was worth it.  </p>
<p>Killington cannot simply raise prices, invest a relative pittance of $3 million, call itself premium and expect to become Vail.  Nyberg has said profitability will lead to future investment.  Is he a real business person?  You have to invest before you profit.  You cannot declare (and price yourself as) a luxury resort without having the facilities IN EXISTENCE.  And in reality, more than just having facilities, you have to build the brand before it&#8217;s recognized as luxury.</p>
<p>Imagine 2 limo services for weddings.  One is called &#8220;A&#8221; - a vintage white Rolls Royce that has been impeccably maintained.  They get celebrity weddings and cater to rich people, renting the car sparingly.  The chaffeur is British, the champagne they serve to the couple is perfectly chilled, and everyone knows it.  They charge twice as much as the competition.</p>
<p>The second limo service B is a stretch Lincoln from the 90s that has 100,000 miles on the odometer.  It looks fine, they wash it regularly, it doesn&#8217;t break down (too often, (Canyon Quad!)) but it has a couple dents.  They charge half the price and do four times as many weddings as the other company.  </p>
<p>This is fine.  They serve different markets.  B may even be more profitable than A, with lower costs and higher revenue.</p>
<p>But what happens when B decides to install a DVD player (minor upgrade) and raise his price to 75% of A&#8217;s?  Of course customers will desert B for another lower cost competitor (Gore/Whiteface blackout pass: $475 vs. K-ton $599)  </p>
<p>And then B&#8217;s owner says, &#8220;well, I will upgrade my service to justify the high price when this one starts being profitable!&#8221;   Really?  You think that will work?</p>
<p>Matt
</p>
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		<title>Comment on Killington Announces 07-08 Season Pass Rates by Matt Hill</title>
		<link>http://blog.prestigekillington.com/uncategorized/killington-announces-07-08-season-pass-rates/50/#comment-4046</link>
		<pubDate>Wed, 20 Jun 2007 18:39:41 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/killington-announces-07-08-season-pass-rates/50/#comment-4046</guid>
					<description>&quot;those rates just encouraged the masses to drive up and crowd the mountain on weekends, degrigating the quality of the experience to be had&quot;

&quot;Degrigating&quot; is not a word.  Did you mean &quot;denigrate&quot;?  That would mean to defame or belittle.  However, neither of those meanings makes sense in this context.  

Furthermore, why would Killington want your point #2 - discourage weekend day trippers?  The mountain generally did not have &amp;#62;3 minute lift lines in the non-beginner areas even on holiday weekends (except K1 gondola).  Bronze pass weekenders buy lodging, eat in restaurants, fill up on gas, bring day pass-buying friends and newbies who rent equipment or get hooked on skiing.  People who are locals benefit tremendously from this and if they can't stand a 5 minute lift line, they can can midweek.  People who buy vacation homes instead of &quot;weekending&quot; may be richer and patronize more upscale local services like spas. However, in terms of money flowing to local businesses, the local economy is probably richer from 10 weekend visits spread over a season than 1 vacation homeowner, if only because paying for lodging by the day in a hotel/condo is much more expensive than buying a home in the long term.</description>
		<content:encoded><![CDATA[<p>&#8220;those rates just encouraged the masses to drive up and crowd the mountain on weekends, degrigating the quality of the experience to be had&#8221;</p>
<p>&#8220;Degrigating&#8221; is not a word.  Did you mean &#8220;denigrate&#8221;?  That would mean to defame or belittle.  However, neither of those meanings makes sense in this context.  </p>
<p>Furthermore, why would Killington want your point #2 - discourage weekend day trippers?  The mountain generally did not have &gt;3 minute lift lines in the non-beginner areas even on holiday weekends (except K1 gondola).  Bronze pass weekenders buy lodging, eat in restaurants, fill up on gas, bring day pass-buying friends and newbies who rent equipment or get hooked on skiing.  People who are locals benefit tremendously from this and if they can&#8217;t stand a 5 minute lift line, they can can midweek.  People who buy vacation homes instead of &#8220;weekending&#8221; may be richer and patronize more upscale local services like spas. However, in terms of money flowing to local businesses, the local economy is probably richer from 10 weekend visits spread over a season than 1 vacation homeowner, if only because paying for lodging by the day in a hotel/condo is much more expensive than buying a home in the long term.
</p>
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		<title>Comment on New priorities for Killington by Mark Hamby</title>
		<link>http://blog.prestigekillington.com/uncategorized/new-priorities-for-killington/41/#comment-2978</link>
		<pubDate>Tue, 05 Jun 2007 18:42:26 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/new-priorities-for-killington/41/#comment-2978</guid>
					<description>Good luck to Chris. We Could have used him here at Mt. Bachelor. We need to repaint, keep the place clean, and work on customer service. We were down by 14% this past year and had great snow from the start. We failed to give great service in an industry that demands great service. 
Powdr Corp does an outstanding job at Park City and did a great job at Alpine Meadows. Hopefully Mt. Bachelor and Killington will get things turned around.</description>
		<content:encoded><![CDATA[<p>Good luck to Chris. We Could have used him here at Mt. Bachelor. We need to repaint, keep the place clean, and work on customer service. We were down by 14% this past year and had great snow from the start. We failed to give great service in an industry that demands great service.<br />
Powdr Corp does an outstanding job at Park City and did a great job at Alpine Meadows. Hopefully Mt. Bachelor and Killington will get things turned around.
</p>
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		<title>Comment on Killington Real Estate Activity in April 2007 by Tijmothy Lamothe</title>
		<link>http://blog.prestigekillington.com/uncategorized/killington-real-estate-activity-in-april-2007/38/#comment-2230</link>
		<pubDate>Wed, 30 May 2007 12:14:16 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/killington-real-estate-activity-in-april-2007/38/#comment-2230</guid>
					<description>Please call me at 914-828-8888. I have a 2bdr/2bath Condo at Pico that I am thinking of selling</description>
		<content:encoded><![CDATA[<p>Please call me at 914-828-8888. I have a 2bdr/2bath Condo at Pico that I am thinking of selling
</p>
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		<title>Comment on New priorities for Killington by Anita Alliston</title>
		<link>http://blog.prestigekillington.com/uncategorized/new-priorities-for-killington/41/#comment-1981</link>
		<pubDate>Fri, 25 May 2007 00:15:52 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/new-priorities-for-killington/41/#comment-1981</guid>
					<description>Pardon me, the Powdr exec spouts a similar sounding blah, blah, blah.......as past ASC/Shelburne execs.  The clue for the clueless is the &quot;phase out&quot; of the lifetime passes - flimsey excuse for saying &quot;we'll run it our way&quot; and we're dumping all the Killington baggage.
The REAL fast profit for Powdr and SP Land is the &quot;new&quot; on mountain residential, seconded up by the &quot;new&quot; on mountain Village -- all of which will make them LOTS OF MONEY in very little time/very little up front capital!!  As to the rest of the village area,  it's doubtful they'll be any crumbs left for the rest of us to scrap over.
Get a grip folks - it's war, Powdr and SP Land will divide and build smiling kicking everyone else to the curb!</description>
		<content:encoded><![CDATA[<p>Pardon me, the Powdr exec spouts a similar sounding blah, blah, blah&#8230;&#8230;.as past ASC/Shelburne execs.  The clue for the clueless is the &#8220;phase out&#8221; of the lifetime passes - flimsey excuse for saying &#8220;we&#8217;ll run it our way&#8221; and we&#8217;re dumping all the Killington baggage.<br />
The REAL fast profit for Powdr and SP Land is the &#8220;new&#8221; on mountain residential, seconded up by the &#8220;new&#8221; on mountain Village &#8212; all of which will make them LOTS OF MONEY in very little time/very little up front capital!!  As to the rest of the village area,  it&#8217;s doubtful they&#8217;ll be any crumbs left for the rest of us to scrap over.<br />
Get a grip folks - it&#8217;s war, Powdr and SP Land will divide and build smiling kicking everyone else to the curb!
</p>
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		<title>Comment on Killington Vermont Real Estate Activity by Henry</title>
		<link>http://blog.prestigekillington.com/uncategorized/killington-vermont-real-estate-activity/44/#comment-1942</link>
		<pubDate>Wed, 23 May 2007 21:57:17 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/killington-vermont-real-estate-activity/44/#comment-1942</guid>
					<description>We selected your blog as the best real estate blog in Vermont (most recent post). We created an award ribbon if you’d like, just drop me a line.

Henry</description>
		<content:encoded><![CDATA[<p>We selected your blog as the best real estate blog in Vermont (most recent post). We created an award ribbon if you’d like, just drop me a line.</p>
<p>Henry
</p>
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		<title>Comment on What will the sale of Killington mean? by Heidi Bomengen</title>
		<link>http://blog.prestigekillington.com/uncategorized/what-will-the-sale-of-killington-mean/32/#comment-20</link>
		<pubDate>Mon, 26 Feb 2007 13:30:43 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/what-will-the-sale-of-killington-mean/32/#comment-20</guid>
					<description>A condo by Pinnacle should be within walking distance of some portion of the village.  What kind of sales figures are you looking for?  Do you want to know real estate sales for the 1st couple of months of 2007?  If yes, any specific size units?  Are you specifically interested in Pinnacle?  If you like, you can send specific questions to my e-mail and I'd be happy to respond (heidi@prestigekillington.com)</description>
		<content:encoded><![CDATA[<p>A condo by Pinnacle should be within walking distance of some portion of the village.  What kind of sales figures are you looking for?  Do you want to know real estate sales for the 1st couple of months of 2007?  If yes, any specific size units?  Are you specifically interested in Pinnacle?  If you like, you can send specific questions to my e-mail and I&#8217;d be happy to respond (heidi@prestigekillington.com)
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		<title>Comment on What will the sale of Killington mean? by mark</title>
		<link>http://blog.prestigekillington.com/uncategorized/what-will-the-sale-of-killington-mean/32/#comment-19</link>
		<pubDate>Mon, 26 Feb 2007 13:11:07 +0000</pubDate>
		<guid>http://blog.prestigekillington.com/uncategorized/what-will-the-sale-of-killington-mean/32/#comment-19</guid>
					<description>So a condo down by Pinnacle area would probably be close to what ever they are going to build?

Any more sales figures for the first couple months of the year?</description>
		<content:encoded><![CDATA[<p>So a condo down by Pinnacle area would probably be close to what ever they are going to build?</p>
<p>Any more sales figures for the first couple months of the year?
</p>
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