Several items today happened which will impact the Killington resort over both the near and far term. Locally, winter is making an attempt to return. The area has been dusted with snow the last couple of days. Nothing that I would consider measurable, but the ground is trying to become white again. On the mountain, and I am sorry I don't have any pictures - work has gotten in the way, the resort is trying to blow snow every where on the Killington Peak side of the resort as they get ready for the very important Christmas Holiday week.

Also today, it was announced that the American Skiing Company, owner of Killington, has sold the Steamboat Resort to Intrawest in a deal valued at $265 million. Earlier today Killington senior management sent a message to all Killington employees about the sale. This evening, the Reuters News Service is also reporting the deal. The deal is set to close in March of 2007. It is being reported that after closing, it is anticipated that net proceeds from the sale will be used to repay all existing senior debt and outstanding revolver balances under ASC's senior credit facility and certain other indebtedness. That will certainly help the improve the financial condition of ASC, and by association the Killington Resort.