EXHIBIT 99.2


         CONSENT OF DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION


    We hereby consent to (i) the inclusion of our opinion letter dated as of
February 21, 2001 to the Special Committee of the Board of Directors of American
Skiing Company (the "Company") attached as Appendix D to the Proxy
Statement/Prospectus of the Company relating to the Company's merger with
MeriStar Hotels & Resorts, Inc. and (ii) all references to Donaldson, Lufkin &
Jenrette in the sections captioned "Summary-American Skiing's Reasons for the
Merger," "Summary--Opinion of American Skiing's Financial Advisor," "The
Merger--Background of the Merger," "The Merger--Factors Considered by American
Skiing in Relation to the Merger; Recommendations of the American Skiing's Board
of Directors and its Special Committee," and "The Merger--Opinion of Financial
Advisor to American Skiing" of the Company's Proxy Statement/Prospectus which
forms a part of this Registration Statement on Form S-4 filed by the Company. In
giving such consent, we do not admit that we come within the category of persons
whose consent is required under, and we do not admit that we are "experts" for
purposes of, the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.



                                                      
                                                       DONALDSON, LUFKIN & JENRETTE
                                                       SECURITIES CORPORATION

                                                       By:  /s/ Thomas G. McGonagle
                                                            -----------------------------------------
                                                            Thomas G. McGonagle
                                                            Managing Director



New York, New York
February 21, 2001