American Skiing Company is a holding company, operating through various wholly owned subsidiaries. The Company develops, owns, and operates a range of hospitality-related businesses, including skier development programs, hotels, golf courses, restaurants, and retail locations. It also develops, markets, and operates ski-in/ski-out alpine villages, townhouses, condominiums, and quarter and eighth share ownership hotels. The Company manages its operations in two business segments, resort operations and real estate operations.