The real problem is that for 2 years Powdr/Killington had been training their customers to ski elsewhere.....Its going to take at LEAST 2-3 years to get some of them back.
I really think one of the dumbest moves was not trying to hang on to a piece of the Bronze passholder market. YES they were cheap, yes they weren't as "valuable" as a full price customer, and yes the only reason ASC was running the ALL-4-ONE pass was to have cash to survive. But damnit they were a BIG slice of the market that Killington had locked up. When you killed the cheap pass and basically ran them out of town, a lot of those people simply found better deals elsewhere. You're still paying for it because you did NOTHING to entice those folks to stay at Killington as either passholders or full fare skiers. A simple one time "loyalty" bonus of discounting Bronze Passholders $50-$100 off the cost of the new higher priced passes MIGHT have kept some folks the next year and MAYBE you converted them to full pass price the next season.
It absolutely kills me that smart people looked at the layout of Killington and thought, hey I bet we can run this place on low volume and high margins. If you want every part of the mountain open you've got to be spinning a MINIMUM of 8 lifts(and I'm not even counting the magic carpets). We saw what a disaster closing lodges midweek was, so those have to be staffed and run. Then there's the massive amounts of terrain snowmaking and grooming that needs to be done to keep trails up and running. I'm not even going to touch the season length as its been beat to death
Going forward I think Killington's in a tough spot, the games changed completely. The old way of doing things was to throw up a ton of real estate for the boomers to buy and use the massive profits to subsidize the skiing, instead of growing your own skiers, it was easier to steal them from the other hills by opening faster lifts and more terrain. I'm not convinced that everything's changed, but there's no way that anyones going to build a massively successful base village at Killington any time soon. The interconnect idea is a nice pipe dream, but its kind of silly to think that an interconnect is going to be built with Pico only running Thursday-Monday.
Climb the mountains and get their good tidings. Nature's peace will flow into you as sunshine flows into trees. The winds will blow their own freshness into you, and the storms their energy, while cares will drop off like autumn leaves.
John Muir