2010 Closure
In the early summer of 2010, rumors spread of Ascutney's imminent closure. As the summer months went on, changes to the website concerning season passes, and the upcoming 2010-2011 season were never updated. Rumors spread of severe debt and financial troubles on the part of the current owners, the Plausteiners. As of October 2010, the State of Vermont has admitted that Ascutney Mountain had not yet filed for lift inspections, with the inspection deadline on November 1, 2010. Currently, the mountain is in foreclosure, and the lifts will not be spinning come winter time. Despite the closure of the ski operations, the resort at the base of the mountain, Holiday Inn Club Vacations at Ascutney Mountain Resort, continues to operate. Holiday Inn Club Vacations has no ownership ties to the ski operation. Until ski operations return to Ascutney Mountain, guests of Holiday Inn Club Vacations at Ascutney Mountain Resort are encouraged to visit nearby ski areas such as Mount Sunapee in Newbury, New Hampshire, Arrowhead in Claremont, New Hampshire, and Okemo Mountain in Ludlow, Vermont. The high speed quad, known as the "North Peak Express," was sold to Crotched Mountain with plans to install it in the Spring of 2012.
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