However if you read the more recent news story it says they arn't.
http://www.snowparknz.com/news/march-1--online-sales-delayed.html
"In light of the current world economic situation, Snow Park NZ will be scaling back our operations for the 2009 winter.
"This is a temporary measure to ensure that the Park remains
financially viable and can continue to operate through this very tough
time. We have some great industry support and really value the hard
work put in by so many over the past 8 years. We are considering all
options moving forward,"- Snow Park General Manager, Sam Lee.
The resort will offer day passes this season but as part of the
restructuring will not be selling season passes. Snow Park will be
taking a hard look at our operational model in efforts to maintain
those features that are most popular with our loyal riders. In the
long term we have every intention of keeping our plans for expansion
alive and will continue to source the additional capital needed to do
so.
"We are all affected by the global economic recession, as a family
operation, we realise that we must take action now to ensure that our
84 years of history in the Cardrona Valley is preserved. These are
difficult times, we are optimistic about the future, but must be
realistic about the present. " Sam Lee, General Manager."