I can see why Newenglandskier is upset. I skied Squaw many years ago, and while it's always been financially borderline, it's a special place. Long beautifully-designed runs (by Sel Hannah), spectacular views, remote and peaceful. I've heard rumors that the owner is a disaster - he won't sell and he won't repair the main lift, and now it sounds like he's doing the bare minimum to keep the place open. If he hopes to get top dollar for the resort in the future, he has to put some money into it in the meanwhile. Nobody will pay top dollar for a resort which has driven away its customers (it will be interesting to see what will happen with Ragged and Tenney in NH). Meanwhile it must be infuriating to people who loved to ski there, especially if it's the nearest place. The skiable vertical has gone from 1700 feet to 600 feet.
Can you tell us more about it, Newenglandskier?
Whoa, just read the link about the owner. If his airline is being sued for a fatal crash, the last thing he wants now is cash. He might figure Squaw is an asset that might be overlooked, worth little now but possibly more in the future.