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$1 million deficit likely in 2009 as occupancy sinks to 31.8 percent
By Bob Downing
Beacon Journal staff writer
Published on Thursday, Nov 26, 2009
The future of Atwood Lake Resort and Conference Center in Carroll County remains in doubt as red ink continues to flow.
With operating losses that could hit $1 million by Dec. 31, the Muskingum Watershed Conservancy District is extremely concerned by the increasing operating losses at the resort amid efforts to find a buyer for the 104-room hotel-meeting center.
''It is becoming more evident though that the MWCD must consider whether maintaining present operations at the resort is fiscally responsible,'' board President Richard J. Pryce said in a written statement.
The resort's occupancy rate for 2009 was 31.8 percent through October. The resort had an operating loss of $836,000 for 2009, the board learned.
It takes a rate of more than 60 percent of guest rooms filled for the entire year to break even, John M. Hoopingarner, the district executive director-secretary, said.
''We have worked very hard to find a solution that would keep the resort open. . . . However, the future continued operation of the resort by the MWCD is not clear,'' he said.
The district has advertised for proposals from interested buyers — with those proposals due back by the end of the year.
Hoopingarner said officials were worried that raising fees would scare away users and create more financial problems.
He said it would be unfair for the district to attempt to pay for the losses at Atwood by increasing the rates it charges for other recreational activities.
Reducing or eliminating planned improvements and routine upgrades at its recreational facilities also would create negative consequences, he said.
The district has worked with various parties interested in the continued operation of Atwood Lake Resort in its present form or some other capacity, Hoopingarner said.
The resort also includes 17 four-bedroom vacation cabins, two swimming pools, an 18-hole golf course, a nine-hole par-3 golf course, lounge and restaurant. It is situated on more than 300 acres overlooking Atwood Lake.
Atwood Lake Resort, opened in 1965 at Dellroy, is one of Carroll County's top employers. It currently employs about 30 full-time and 70 part-time workers.
The district manages 14 reservoirs and owns an estimated 54,000 acres in 13 counties. It manages recreational facilities at five parks: Atwood, Charles Mill, Pleasant Hill, Seneca and Tappan lakes.
Bob Downing can be reached at 330-996-3745 or bdowning@thebeaconjournal.com.
The future of Atwood Lake Resort and Conference Center in Carroll County remains in doubt as red ink continues to flow.
Get the full article here.
Comments
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Posted 01:16 PM, 11/26/2009
Why am I not surprised since these State owned properties have raised their rates so only the elite can afford them. I use to rent cabins and stay at the lodges until ten years ago when the State decided to gouge the public. It will be a great loss when they are closed.
bedford, oh
Posted 03:37 PM, 12/02/2009
If Atwood closes it will be a dark day. We have
been going there for years and staying at the lodge
It is one the finest facilities we have stayed at.
Good Luck Atwood !!!!
