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"If you look at skier visits in Lake Tahoe, and you look at skier visits over the last 20 years, there have been very few significant changes. The most significant change was the growth of Heavenly, the growth of Northstar, and the reduction in skier attendance at Squaw Valley." -Tim Cohee, August 2012
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Another angle on the proposed indoor water park
A spoof on KSL's proposed Mountain Adventure Center. Written by Treas Manning
Squaw makes the USA TODAY's top ten list of the world's coolest Starbucks
Friends of Squaw Valley shared Keep Squaw True's photo.
Do we need an indoor water park in Squaw Valley?
More on the strong opposition to the proposed Village Development
Friends of Squaw Valley published a note.
One of the FoSV's founders opinion piece on the proposed Village Development
An opinion piece from the director of the Granite Chief Wilderness Protection League
From the KSL Web Site's Home Page "KSL Capital Partners, LLC is a U.S. private equity firm dedicated to investments in travel and leisure businesses. Our investment philosophy focuses on creating value through improving operational performance for our private equity funds, rather than through financial engineering. We focus on acquisitions of complex, operationally intensive businesses and strive to unlock "hidden value" by re-envisioning and repositioning these enterprises through targeted capital expenditures, operational efficiencies and enhanced marketing strategies. KSL Capital Partners works to execute a business plan that is collaboratively formulated with the portfolio company's management team. Our goal is to first organically increase cash flow, while strategically looking at growth opportunities through development, ancillary revenue and add-on acquisitions. We employ a hands-on method of managing and improving our investments, including our capability to supervise and perform in-house key operational functions of our businesses, such as operations, finance and development in order to supplement management’s existing resources. Working with each management team, our strategy involves four-critical elements: (i) expanding each enterprise by enhancing the existing revenue base; (ii) creating new business opportunities; (iii) improving operating efficiencies; and (iv) optimizing the value of associated real estate. Our private equity investments range across travel and leisure businesses, such as hotels and resorts, clubs, fitness, ski and resort real estate. In addition, we employ a similar focus with credit investments utilizing a dedicated credit fund that targets mezzanine investments in travel and leisure businesses. With offices in Denver, Connecticut and London, we currently employ through our portfolio companies approximately 20,000 people throughout the United States and abroad." Can anyone point out ONE WORD of that which points to caring about the local people or economy or character of the PLACES they invest in??? It's all about profits, from word one. And THAT is the problem, in and of itself.....
From KSL Capital Partners' home page: "Our investment philosophy focuses on creating value through improving operational performance for our private equity funds, rather than through financial engineering. We focus on acquisitions of complex, operationally intensive businesses and strive to unlock "hidden value" by re-envisioning and repositioning these enterprises through targeted capital expenditures, operational efficiencies and enhanced marketing strategies." Translation: "investment philosophy"= maximize profits "creating value" = maximize profits "improving operational performance" = maximize profits "private equity funds" = rich people who only care about profits "strive to unlock "hidden value"" = we look to maximize profits "re-envisioning and repositioning" = we look to maximize profits "capital expenditures" = an expenditure for long-term additions or betterments properly chargeable to a capital assets account (i.e. to maximize long term profits) "enhanced marketing strategies" = Well, we all know what THAT's all about. There is a reason that Andy Wirth was brought on more for his marketing background than for his love of Squaw......... I'm just sayin........
Moonshine Ink weighs in on the proposed gondola alignment
Coverage of Sierra Watch's ongoing concerns about the proposed Village Development
Friends of Squaw Valley shared Incorporate Olympic Valley's post.
Here's the latest on the incorporation efforts
The community has spoken!
Friends of Squaw Valley published a note.
UnofficialAlpine.com reports on the local Carpenter's Union protest at Squaw Valley
The town of Truckee voices their concerns about the proposed Village Development
Friends of Squaw Valley added 4 new photos.
The local carpenter's union is protesting at the Village today
The SVMAC will meet this Thursday in the SVPSD community meeting room at 6pm. Agenda topics include an informational item on the Palisades project proposing a 63 unit development near Creeks End Road and an action item "Zoning Text Amendment" to allow "multi-generational housing (secondary housing units) to accommodate family or a potential renter". This starts to address the controversial and illegal "mother-in-law" units acknowledged in our 1983 General Plan. Updates on Parks, Trails, and Suddenlink fiber optic cable will also be presented.
Over 350 separate comments, almost all of them opposed to the size and scope of the proposal.
Friends of Squaw Valley shared Incorporate Olympic Valley's note.
The latest from IOV
The future of Squaw Valley is _________.