Two months after word emerged that Lost Valley could close, its future remains in jeopardy.
Thursday, August 14, 2014, NewEnglandSkiIndustry.com
Two months after initial reports of an uncertain future surfaced, Lost Valley remains in jeopardy. According to a source at the mountain, the ownership is working hard to figure out a way to open for the 2014-15 season, but is not sure if they'll be able to pull it off. An announcement regarding operating status is expected before the end of the summer.
Located in Auburn, Maine, Lost Valley has been in operation since the 1961-62 season. The 240 vertical foot ski area features two chairlifts, snowmaking, and night skiing. The current ownership group took control of the area in 2004 and has incurred ten consecutive seasons of losses.
While summer operations, such as banquets and paintball, have continued in 2014, 2014-15 ski season pass information has yet to be posted on Lost Valley's web site.
The group is reportedly seeking a private or non-profit buyer to keep the area open.