While expensive, I always considered the Balsams a special treat for my family and actually not a bad value when you consider that gourmet breakfasts and dinners were included as well as unlimited use of downhill and groomed xc ski trails, immediate access to some terrific hiking/snowshoe trails, free use of equipment etc. I don't play golf but was impressed with the location, scenery etc. The place has a special character and grace that I hope is not lost in the eventual scheme to "re-position" the hotel for new markets. The hospitality and food service experience and draw of the mountains attracted enthusiastic and friendly staff from around the world.
On my handful of visits, the occupancy rate certainly seemed consistent with financial feasibility but "off season" is a long time up there and that is when carrying costs kill you. I'm just hoping the facility is adequately "mothballed" to preserve it for the the time that it will rehab and reopen.
Meanwhile, there are plenty of alternatives available for those who seek such accomodations, each with their own unique natural draw. Enjoyment of such places is a welcome respite from the typical mediocre service, boring food and nickle and dime amenities found in so many places. This ship is not gone or lost, it is just standing by in the fog of a lousy world economy shifting gears in a rapidly changing world and muddling through the notion that an entitlement driven economy can substitute for one based upon private initiative and industriousness.
