The question remains, how often will pandemics happen, and/or how long will we care.
What is the terrain and snowfall at Hermitage?
The skiing is boring. The advertised 1400' vertical is including the lifts that serve the slope side lodging below the lodge. The true vertical is a low angle 1100 feet over 1 mile. The Witches triple chair 'black diamond' pod is 685ft vertical and 2350 feet in length. It is lookers left at the top and it has some fun drops, but they are very short. The lifts top out at about 3200 feet.
Snow fall is probably in the 125"- 150" range - similar to Mt Snow which is about 3 miles north on the same ridge.
What else could potentially turn private and get a new life? Hickory comes to mind as that was thier previous play
The private ski club thing is big in Buffalo and Ontario
I could see it expanding East to the Syracuse hills for sure
Depending on things play out I could see Windham potentially charging a private golf club type initiation fee (20k?) from rich NYC ski families and doing better than the how things maybe if a reduced volume post Covid world. Tie in a strong race program by hiring some top shelf coaches to boost that.
I can't imagine private clubs would make a comeback. Quite a few of private golf clubs are struggling. The private club in my town has been struggling for years. To their credit the do keep holding on.
Windham was a private club for a few years in the early 70s. The club sold the ski area (in 1975?) but it is still active with some of the original families. Several of the original houses built for club members have been replaced with really nice houses and the newest houses there are Hamptons level extravagant.
Windham and Catskills real estate generally got a big boost after 9/11. Covid might do something similar.
I don't think the club + race program really works. A club wants weekend child care, and especially supervision of teenagers. A real race program needs full time training for committed athletes.