Friday, March 20, 2020

Impacts of COVID-19


The COVID-19 Pandemic has been an unprecedented event, a kind never seen in our lifetimes. The outbreak has brought the local, national and world economies to their knees. More and more of us have a friend or relative or know of someone who has fallen ill. This event is tragic and its impact on the world is enormous.

This is a horrible time for Colorado. Governor Polis has extended his Executive Order to keep ski areas closed through April 6. There is no clear indication of when the ski area will re-open. It seems likely that we are still weeks away. While we have every intention of re-opening The Basin, we have no idea when that will be.

I am very sad to say that we will be letting all 430 of our seasonal full-time and part-time employees go effective April 1. Affected employees will receive two weeks of pay based on what they were scheduled to work after March 14, a $.50 bonus for each hour worked this season and all of their accrued PTO. For full-time seasonal employees who have health insurance through us, the ski area will pay their monthly health insurance premiums for May and June. We strongly encourage each employee to closely track developing government and Arapahoe Basin assistance programs for those feeling financial and/or personal hardship from the pandemic.

Beginning April 1, our 70 full-time year-round employees will go down to ¾ time with the ability to augment their compensation through PTO.

Employees are encouraged to view the FAQ page with more details through their Paylocity Portal.

I am saddened by the chain of events surrounding COVID-19. We value and cherish all the efforts of every employee at Arapahoe Basin.  We wish healthiness to all through these troubling times.

16 comments:

Anonymous said...

Challenging times ahead for any business owner. Just trying to keep our heads down and weather the storm..

Anonymous said...

Are you regretting walking away from all that Vail money right about now?

Anonymous said...

Ok put a fork in the Colorado resort ski season its done.

Chrissy said...

I'm sorry to hear this news. I can hear the heartbreak in your words Al. I hope you and you family are well and wishing all the staff at the Basin the very best!

. said...

is the east wall open?

Anonymous said...

Sure you got a helo ?

Unknown said...

See you in jan 2021 no way it will even open late 2020. The government is slowly letting all know it's all about to shut down for at least 18months so people dont lose their mind. Wishing all the best for all skiers, riders and their families we will get through this!

Anonymous said...

And what a total mob of people up there. No parking too ? Mile long lift lines. You crazy fool.
Hell no !

Anonymous said...

Best of luck to all. This is none of your fault. The federal government needs to bail out these people and A-Basin otherwise there may be no A-Basin in the near future. Time to print some money.

Anonymous said...

I would have to assume, as dangerous as that may be, that the Gov order really targets the resort communities more than the actual slopes themselves. Just to help keep the masses in these areas down during such peak times as in spring break. We have a trip planned in May so I'm just trying to be optimistic in these rough times. Is it feasible to believe that the Gov may not extend the order once he knows the season is essentially done? Only the Basin and perhaps Breck (don't see that one with Vail in charge) could possibly open back up again. Of course this is separate from the fact that depending on the situation in 5-6 weeks that it may not be very wise to load up the car to drive to CO, then again, the thought of skipping this year isn't pretty. Other than interacting with 1 person to exchange our pre-paid tickets, we wouldn't have to be in close proximity to anyone at the resort. Same for checking in hotels so I could see us giving it a go. For Al or anyone else, is this absurd or is there some validity to this completely hypothetical thought process that the Gov may not extend the order? Our family's thoughts are with everyone affected and especially those at the Basin/Summit County that support the industry we all love so much. Thanks and good luck to everyone

Anonymous said...

I hope to see most of the ABasin people back. I have seen them working their @$$3$ off season after season. Always helping despite having been helping since 7am and it is 5:00pm. The terrain will not be as enjoyable if the crew were a skunk. Which it is not.

misha said...

Dream Corp, which owns A Basin, has enjoyed an NOI of over $8M/year for the last few years from A Basin, according to their investor presentation.

Hopefully those shareholders can forgo some profit to support A Basin operations and the community.

I think we forget that this isn't just a mountain or a business, it's the livelihood for 100s of families in the community, most of whom earn about 15 bucks an hour or less, which makes it very hard to save.

Anonymous said...

Alan,

The slopes are always great, the snow is always great, but the best thing about the Basin is the vibe from you and your employees. Over the years, I spoke with you twice in line for lunch. You set a fine example for your employees. So here's to all your employees. I wish them good health and luck and hope they can all come back to the Basin when normal returns. My prayers to you and your employees that make A-Basin the best SKI area in North America!

Unknown said...

Misha you are on point

Unknown said...

We all feel bad watching all that fresh powder go to waste.
I will get out the bicycle and enjoy other sports. Some day I will be back on loafer for a rematch with the end of the line. In the meanwhile my goal is to work on fitness and positive mental attitude

Anonymous said...

"Hopefully those shareholders can forgo some profit to support A Basin operations and the community."

Yeah, that's not how capitalism works, unfortunately.