EXHIBIT 99.2

         Thank you, __________________, good afternoon everyone and welcome to
the American Skiing Company/MeriStar Hotels & Resorts merger announcement
conference call. Earlier today, the companies issued a joint press release
announcing that they had signed an agreement to merge. If for any reason you did
not receive a copy of the press release, you may obtain a copy at American
Skiing's Investor Relations Web site at MeriStar's Web site or you may call my
office at (703) 435-6293, and we will be happy to fax or e-mail you one
immediately.

         The format for today's call will begin with remarks by Les Otten,
Chairman and founder of American Skiing, Paul Whetsell, chairman of MeriStar
Hotels & Resorts and John Emery, MeriStar's chief investment officer. Following
the remarks, the call will be opened to questions. We will divide the questions
into two sections, the first will be for shareholders and members of the
financial community. Following those questions, we will ask for questions from
the media. If you have a question that is not answered or if you have additional
information needs, please call my office at (703) 435-6293, and we'll be happy
to provide with the appropriate information.

         Today's conference call is being transmitted live via telephone and by
webcast over American Skiing's Web site, MeriStar's Web site, and on A replay of
the webcast will be available on both companies' Web sites latter today.
ADDITIONALLY, A RECORDING OF THIS CALL WILL BE AVAILABLE VIA TELEPHONE,
BEGINNING AT 3 P.M. TODAY UNTIL 5 P.M. EASTERN TIME ON DECEMBER 14. TO HEAR THE
RECORDING, PLEASE DIAL 800-525-5288. THE PASS CODE IS 880379.

         BEFORE WE BEGIN, I'D LIKE TO REMIND YOU THAT, IN KEEPING WITH THE SEC'S
"SAFE HARBOR" GUIDELINES, CERTAIN STATEMENTS MIGHT BE MADE TODAY DURING TODAY'S
CONFERENCE ABOUT AMERICAN SKIING COMPANY MAY CONTAIN FORWARD-LOOKING STATEMENTS.
THESE STATEMENTS ARE NOT BASED ON



HISTORICAL FACTS, BUT RATHER REFLECT AMERICAN SKIING COMPANY'S CURRENT
EXPECTATIONS CONCERNING FUTURE RESULTS AND EVENTS. SIMILARLY, STATEMENTS THAT
DESCRIBE THE COMPANY'S OBJECTIVES, PLANS OR GOALS ARE OR MAY BE FORWARD-LOOKING
STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS INVOLVE A NUMBER OF RISKS AND
UNCERTAINTIES. IN ADDITION TO FACTORS DISCUSSED ABOVE, OTHER FACTORS THAT COULD
CAUSE ACTUAL RESULTS, PERFORMANCES OR ACHIEVEMENTS TO DIFFER MATERIALLY FROM
THOSE PROJECTED INCLUDE, BUT ARE NOT LIMITED TO, THE FOLLOWING: CHANGES IN
REGIONAL AND NATIONAL BUSINESS AND ECONOMIC CONDITIONS AFFECTING BOTH AMERICAN
SKIING COMPANY'S RESORT OPERATING AND REAL ESTATE SEGMENTS; COMPETITION AND
PRICING PRESSURES; FAILURE TO EFFECTIVELY INTEGRATE OR OPERATE RECENTLY ACQUIRED
COMPANIES AND ASSETS; FAILURE TO RENEW OR REFINANCE EXISTING FINANCIAL
LIABILITIES AND OBLIGATIONS OR ATTAIN NEW OUTSIDE FINANCING; FAILURE OF
ON-MOUNTAIN IMPROVEMENTS AND OTHER CAPITAL EXPENDITURES TO GENERATE INCREMENTAL
REVENUE; ADVERSE WEATHER CONDITIONS REGIONALLY AND NATIONALLY; SEASONAL BUSINESS
ACTIVITY; CHANGES TO FEDERAL, STATE AND LOCAL LAND USE REGULATIONS; CHANGES TO
FEDERAL, STATE AND LOCAL REGULATIONS AFFECTING BOTH AMERICAN SKIING COMPANY'S
RESORT OPERATING AND REAL ESTATE SEGMENTS; LITIGATION INVOLVING ANTI-TRUST,
CONSUMER AND OTHER ISSUES; FAILURE TO RENEW LAND LEASES AND FOREST SERVICE
PERMITS; DISRUPTIONS IN WATER SUPPLY THAT WOULD IMPACT SNOWMAKING OPERATIONS AND
IMPACT OPERATIONS; THE LOSS OF ANY OF OUR EXECUTIVE OFFICERS OR KEY OPERATING
PERSONNEL; CONTROL OF AMERICAN SKIING COMPANY BY PRINCIPAL STOCKHOLDERS; FAILURE
TO HIRE AND RETAIN QUALIFIED EMPLOYEES AND OTHER FACTORS LISTED FROM
TIME-TO-TIME IN AMERICAN SKIING COMPANY'S DOCUMENTS FILED BY THE COMPANY WITH
THE SECURITIES EXCHANGE COMMISSION. THE FORWARD-LOOKING STATEMENTS INCLUDED IN
THIS DOCUMENT ARE MADE ONLY AS OF THE DATE OF THIS DOCUMENT AND UNDER SECTION
27A OF THE SECURITIES ACT AND SECTION 21E OF THE EXCHANGE ACT. AMERICAN SKIING
COMPANY DOES NOT HAVE ANY OBLIGATION TO PUBLICLY UPDATE ANY FORWARD-LOOKING
STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR CIRCUMSTANCES.

         OTHER STATEMENT MADE TODAY MAN BE CONSIDERED FORWARD LOOKING FOR
MERISTAR HOTELS & RESORTS, INCLUDING THOSE STATEMENTS REGARDING FUTURE OPERATING
RESULTS AND THE TIMING AND COMPOSITION OF REVENUES, AMONG OTHERS. EXCEPT FOR
HISTORICAL INFORMATION, THESE FORWARD-LOOKING STATEMENTS ARE SUBJECT TO CERTAIN
RISKS AND UNCERTAINTIES THAT COULD CAUSE THE ACTUAL RESULTS TO DIFFER
MATERIALLY, INCLUDING BUT NOT LIMITED TO THE FOLLOWING: THE ABILITY OF THE
COMPANY TO SUCCESSFULLY IMPLEMENT ITS ACQUISITION STRATEGY AND OPERATING
STRATEGY; THE COMPANY'S ABILITY TO MANAGE RAPID EXPANSION; CHANGES IN ECONOMIC
CYCLES; COMPETITION FROM OTHER HOSPITALITY COMPANIES; AND CHANGES IN THE LAWS
AND GOVERNMENT REGULATIONS APPLICABLE TO THE COMPANY. I REFER YOU TO THE
COMPANY'S PROSPECTUS AND OTHER DOCUMENTS ON FILE WITH SEC THAT OUTLINE THESE AND
OTHER RISKS IN GREATER DETAIL FOR FURTHER CLARIFICATION.

         NOW, TO PROVIDE THE INFORMATION ABOUT THE MERGER AGREEMENT, I'D LIKE TO
INTRODUCE LES OTTEN, CHAIRMAN OF AMERICAN SKIING, PAUL WHETSELL, MERISTAR HOTELS
& RESORTS CHAIRMAN AND CEO, AND JOHN EMERY, CHIEF INFORMATION OFFICER. NOW LET
ME TURN THE SESSION OVER TO ______________________.