This move is designed to cut operating costs, and help make up for some of the financial losses the mountain suffered during the past 3 seasons.
According to an article by Bill Clapper in OntheSnow.com, "the company lost $1.7 million during its first season, 1999-2000; nearly $500,000 in the 2000-01 season; and about $1 million in 2001-02 according to reports filed with the state."
For more on the situation at Laurel, check out:
I'd like to think that smaller local areas can survive without either having to become destination resorts or having to cater to hordes of day skiiers/sliders from nearby cities.
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