Utah ski resort offers 30-year pass, with a catch

Utah ski resort The Canyons is offering skiers and snowboarders the chance to buy a season pass that is good for 30 years and can be loaned to friends and family. But, as in all things that seem too good to be true, there are a few caveats to the deal.

The passes are available for $5000 each, and eligible buyers are limited to buying just two. Unlike ski passes from other resorts, these can also be shared with friends and family on days and weekends that you're not using them for yourself, which is unique in and of itself. So what's the catch you ask? Well, in order to be eligible to take part in the deal, you have to own or purchase a condo at the Canyons, which will set you back a minimum of $675,000.

But for those that are in a position to take advantage of this deal, it really is a bargain. The $5000 pass breaks down to just $166 per year. That same pass would cost others $1099 a year, and because the pass can be loaned out to others, it is possible to make a little money on the side by renting it out for the weekend.

The Park City resort covers more than 3500 acres and spans eight mountain peaks, offering skiers and snowboarders plenty of winter fun. Averaging more than 355 inches of snow each year, the Canyons has earned itself a reputation as one of the top destinations in Utah for hitting the slopes.

Oh, and in case you're wondering, if you sell the condo, the pass goes with it.

Filed under: Skiing, North America, United States, Hotels and Accommodations