Cannon Lease on Hold

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Publish Date

06/16/2011

SAM Magazine--June 16, 2011--Recent plans to lease ski area operations at Cannon Mountain, N.H., will be put on hold for at least a year. Cannon is owned by the State of New Hampshire and many in the state's Senate were pushing to lease the area under a similar model to Mount Sunapee, which is owned by N.H., but the long-term lease is owned by the group that also owns Okemo and Crested Butte, among other resorts.

Opponents to the proposed lease claimed that Cannon had become a successful operation that produced a profit.

The House and Senate reached the agreement to shelve the plan in order to push forward a balanced budget for the state.

Comments

Managing Partner

Thank goodness this plan has been tabled, so I won't have to view any Canon marketing literature with Tim and Dianne's photo's all over them. Is it possible that there could be a couple out there that are more full of themselves than these two?