Name one successful ski area in the east that doesn't depend on some form of realestate development or a four season approach with golf, mtn biking, or other income producing annemities.
good one! but there must be many more. what about...
wildcat - classic
mad river glen
winterplace - well just a few places, but not a driver
appalachian - older houses with private ownership.
cataloochee - quite successful
sugar - ski area ownership is separate from real estate ownership. all built out long ago anyway.
and that's excluding state owned places. probably lots more I don't know about.
It's not really fair to lump real estate and off-season activities together. Any area can and should have off season activity. Real estate is a whole different game. I always wonder about places like snowshoe - what happens when the real estate stops subsidizing the skiing - how sustainable is it ?
Anyway, sad news about Tory - that does look like a beautiful site for a ski area. How many cabins can they sell up there anyway ?
Here's a question: Will there ever be a new ski area south of mason dixon ? When and where ?