"ABasin lost money" is a flippant way to put it, since they are a big cog in a "resort development" company. And "resort development"and ski hill revenue was hammered last year when March went poof, so, earnings reports after the break from Vail and the capital spent to open the Beavers may not be typical. New Pallavacini chair, too. Transitioning, then, Covid. Wait a few years. I'm pretty sure that ABasin wants to be a niche, non corporate mountain (parking can never be expanded, new Pallavacini chair still a double) in this new world of mega pass pricing, like MRG and some savvy small eastern and western hills. I know I'm pretty disgusted at what those passes have wrought, and I'm definitely part of the problem. Maybe a time will come when ABasin can just raise prices to increase revenue, selling the superior experience. I'd pay it, if I lived there.
I mean, Windham gets away with charging, what, three times as much as Hunter, a few miles away. And Windham kinda sucks, skiing wise, especially compared to Hunter on a good day. But the experience is so much above hanging with the mooks at Huntah, I understand how Lexus mom and dad want that over being at Hunter.