Upson, Wisconsin — After years of turbulence, a Wisconsin ski resort has filed for chapter.
Enterprise Insider reviews that Whitecap Mountains Resort filed for chapter after a tumultuous few years. Nevertheless, the administration group believes that this received’t influence operations for the 2025-26 season. It is a Chapter 11 chapter, which means they’re attempting to restructure their liabilities reasonably than enter liquidation.
Whitecap Mountains defines itself because the “snowiest ski resort in Wisconsin.” Nevertheless, current years have been a wrestle. The 2023-24 season noticed lower than three toes of pure snowfall, a considerable drop from the 260 inches obtained through the 2022-23 marketing campaign. Whitecap doesn’t have a lot snowmaking, making it tough to open terrain when pure snow doesn’t arrive.
In response to a drop in revenues from that fateful winter, Whitecap Mountains (owned by Midwest Snowboarding Firm) acquired a mortgage from Brighton Asset Administration. Nevertheless, one other underwhelming winter led them to default on that $1.86 million in debt. Brighton Asset Administration moved to foreclose on the property, prompting the ski resort to file for chapter.
Whitecap Mountains issued a press release right this moment, which you’ll be able to learn beneath.
About Whitecap Mountains Resort
Whitecap Mountains Resort options 43 trails, 6 lifts (an extra chairlift is standing however not working), 400 skiable acres, and a vertical drop of 455 toes. Throughout the summertime, the ski resort hosts ATV riders throughout its path community and provides waterfall excursions.
It was additionally at one level the biggest ski resort within the state, however that title now belongs to Granite Peak. Whitecap Mountains is considered the snowiest ski resort within the state, averaging 200 inches of snow. Nevertheless, the previous a number of years have been powerful sledding.
Located close to the border of Wisconsin and the Northern Peninsula of Michigan, its distant location has been one of many issues they’ve needed to take care of for many years. The opposite drawback is with its amenities. In 2019, the bottom lodge was destroyed by fireplace. A brand new base lodge has but to be rebuilt.
The ski resort was purchased by David Dziuban in 2008. The Storm Snowboarding Journal did an awesome podcast episode with the proprietor again in 2023, which you’ll be able to take heed to right here.
Picture/Video Credit: Whitecaps Mountain Resort, Skiers and Snowboarders of the Midwest.
