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What is the Annual Purchase Requirement?

April 26, 2017annual purchase requirement

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What is the Annual Purchase Requirement?

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Shareholder must pay the Annual Purchase Requirement (APR) each year. This obligation is $200 for each season, you should receive an invoice in August for the following ski season. Any increases in the APR in future are limited to changes in the Consumer Price Index (CPI) inflation rate. The APR is due on October 1 of each year and can be applied to nearly every product and service on the mountain. Since it can be spent on season passes, day tickets, food, ski school clinics, rentals, repairs, in the retail shop and on many other services, it does not represent an additional expense for most shareholders.