Posts Tagged ‘ski resorts’

Mount Snow, Hunter Mountain Among 17 Mountain Resorts Acquired by Vail Resorts & Included in Epic Pass

September 25, 2019

Our intimate group participating in Mount Snow’s first-ever Devin Logan Experience (Olympic freestyle skiing silver medalist and hometown hero Devin Logan is second from left). Mount Snow, Vermont is one of 17 resorts newly acquired by Vail Resorts and included in this season’s Epic Pass © Karen Rubin/ goingplacesfarandnear.com

BROOMFIELD, Colo.—September 24, 2019—Popular Northeast mountain resorts Hunter Mountain in New York and Mount Snow in Vermont, are now part of Vail Resorts and will be included on this year’s Epic Pass. Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of Peak Resorts, Inc. (NASDAQ: SKIS) for a purchase price of $11.00 per share. With this acquisition, Vail Resorts has added 17 U.S. ski areas to its network of world-class resorts, bringing its total number of owned and operated resorts to 37 worldwide.

The 17 new resorts are located in the Northeast, Mid-Atlantic and Midwest, near major metropolitan areas including New York, Boston, Washington, D.C., Baltimore, Philadelphia, Cleveland, Columbus, St. Louis, Kansas City and Louisville.

The new resorts in the Northeast are: Mount Snow in Vermont; Hunter Mountain in New York; and Attitash Mountain ResortWildcat Mountain and Crotched Mountain in New Hampshire. They join the Company’s existing Northeast resorts – Stowe Mountain Resort and Okemo Mountain Resort in Vermont, and Mount Sunapee Resort in New Hampshire – and together will provide skiers and riders incredible variety and choice in the region.

In the Mid-Atlantic, the acquired resorts are: Liberty Mountain ResortRoundtop Mountain ResortWhitetail ResortJack Frost and Big Boulder in Pennsylvania.

In the Midwest, the new resorts are: Alpine ValleyBoston MillsBrandywine and Mad River Mountain in Ohio; Hidden Valley and Snow Creek in Missouri; and Paoli Peaks in Indiana. They join the Company’s other Urban resorts in the Midwest which draw guests from Chicago, Detroit and Minneapolis. Those resorts are: Wilmot Mountain in Wisconsin; Mt. Brighton in Michigan; and Afton Alps in Minnesota.

“We are thrilled that with this acquisition, skiers and riders living in and around some of the biggest cities in the country will now have access to both ski close to home and at renowned mountain resorts around the world – with just one pass,” said Rob Katz, chairman and chief executive officer of Vail Resorts. “We are excited to welcome each of these ski areas into the Vail Resorts family and to continue to invest in what makes them unique.”

The 2019-20 Epic Pass, Epic Local Pass, Epic Australia Pass and Military Epic Pass now include unlimited and unrestricted access to each of the 17 ski areas, in addition to the access provided to some of the world’s most well-known resorts including Vail, Whistler Blackcomb, Park City and Breckenridge. Guests with an Epic Day Pass are also able to access these 17 ski areas as a part of the total number of days purchased. For the 2019-20 season, Vail Resorts will honor all Peak Resorts pass products and continue to sell them through the fall. Current Peak Resorts’ pass holders now have the option to upgrade to an Epic Pass or Epic Local Pass.

Following today’s closing, Vail Resorts plans to invest approximately $15 million over the next two years in one-time capital spending to elevate the guest experience at these resorts. Additionally, the Company’s annual ongoing capital expenditures are expected to increase by approximately $10 million to support the addition of the new ski areas.

Peak’s common stock will be delisted from the Nasdaq Global Select Market effective as of the close of trading on September 24, 2019.

Epic Pass Access Details

Vail Resorts currently offers the following access and benefits for 2019-20 Epic Pass, Epic Local Pass, Military Epic Pass and Epic Day Pass holders. These products now include access to each of the 17 acquired ski areas as outlined below.

  • Epic Pass™: For $969 for adults and $509 for children (ages five to 12), the Epic Pass offers the following access and benefits:

o    Unlimited, unrestricted access to: Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, Heavenly, Northstar, Kirkwood, Stowe, Okemo, Mount Snow, Mount Sunapee, Attitash, Wildcat, Crotched, Hunter, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Stevens Pass, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks, Afton Alps, Mt. Brighton, and Wilmot in North America. The Epic Pass also includes access to Perisher, Falls Creek, and Hotham in Australia.

    • Limited access to partner resorts, including: seven days at each of Telluride, Sun Valley, Snowbasin, and the Resorts of the Canadian Rockies; five consecutive days at Hakuba Valley, Japan’s ten ski resorts; five consecutive days at Japan’s Rusutsu Resort. The Epic Pass also grants limited access to Les 3 Vallées in France; 4 Vallées in Switzerland; and Skirama Dolomiti in Italy. 
  • Epic Local Pass™: For $719 for adults, $579 for teens (ages 13 to 18) and $379 for children (ages five to 12), the Epic Local Pass offers the following access and benefits:
    • Unlimited, unrestricted access to: Breckenridge, Keystone, Crested Butte, Okemo, Mount Snow, Mount Sunapee, Attitash, Wildcat, Crotched, Hunter, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Stevens Pass, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks, Afton Alps, Mt. Brighton, and Wilmot.
    • Unlimited access with holiday restrictions to: Park City, Heavenly, Northstar, Kirkwood, and Stowe.
    • 10 total days combined (with holiday restrictions) at: Vail, Beaver Creek, and Whistler Blackcomb.
    • Limited access to partner resorts, including: two days (with limited holiday restrictions) at Sun Valley; two days (with limited holiday restrictions) at Snowbasin; and five total consecutive days with no blackout dates at Hakuba Valley’s ten ski resorts in Japan; and five total consecutive days with no blackout dates at Rusutsu Resort.
  • Military Epic Pass™: For $159 for Active and Retired Military and their dependents and $559 for Veteran Military and their dependents, the      Military Epic Pass offers the following access:
    • Unlimited, unrestricted access to: Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, Heavenly, Northstar, Kirkwood, Stowe, Okemo, Mount Snow, Mount Sunapee, Attitash, Wildcat, Crotched, Hunter, Liberty, Roundtop, Whitetail, Jack Frost, Big Boulder, Stevens Pass, Alpine Valley, Boston Mills, Brandywine, Mad River, Hidden Valley, Snow Creek, Paoli Peaks, Afton Alps, Mt. Brighton, and Wilmot in North America. The Military Epic Pass also includes access to Perisher, Falls Creek, and Hotham in Australia.

         Epic Day PassAnnounced earlier this year as a part of Epic for Everyone, the Epic Day Pass provides unprecedented flexibility and season pass discounts to guests skiing as little as one day.

o   With the customizable pass, guests can unlock discounts of up to 50 percent off lift ticket window prices by selecting the number of days they plan to ski or ride – from one day to seven days – and whether or not to add holiday access.

o   Guests can use the pass at any of the Company’s North American owned resorts, including Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Crested Butte, Park City, and more, including the 17 new resorts. Those purchasing four or more days also get access to Telluride, Sun Valley, Snowbasin, and Resorts of the Canadian Rockies as a part of the total number of days purchased.

Vail Resorts, Inc., through its subsidiaries, is the leading global mountain resort operator. Vail Resorts’ subsidiaries operate 37 world-class mountain resorts and urban ski areas, including Vail, Beaver Creek, Breckenridge, Keystone and Crested Butte in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher, Falls Creek and Hotham in Australia; Stowe, Mount Snow, Okemo in Vermont; Hunter Mountain in New York; Mount Sunapee, Attitash, Wildcat and Crotched in New Hampshire; Stevens Pass in Washington; Liberty, Roundtop, Whitetail, Jack Frost and Big Boulder in Pennsylvania; Alpine Valley, Boston Mills, Brandywine and Mad River in Ohio; Hidden Valley and Snow Creek in Missouri; Wilmot in Wisconsin; Afton Alps in Minnesota; Mt. Brighton in Michigan; and Paoli Peaks in Indiana. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN).

More information at www.snow.com.

 

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Windham Mountain to Install High Speed 6-Passenger Lift & Implement RFID Ticketing for 2018-9 Season

March 12, 2018
NYS-Windham-9N9A4322e2

Windham Mountain in New York’s Catskill Mountains, will have a new high speed six- passenger lift as well as RFID ticketing for the 2018-19 season.

A new, high speed, detachable six passenger chairlift will be installed at Windham Mountain Resort, in New York’s Catskills, this summer. The new Doppelmayr lift will run from the base area to the summit, replacing the current Whistler Triple, better known as “F Lift”.  It will have a slope length of 5,105 feet, and an uphill capacity of 3,000 people per hour. The ride from base to summit on the new lift will be just under five and a half minutes.

Removal of “F Lift” will begin in April and installation of the new lift in May.  Whirlwind Express (A Lift), the high speed, detachable quad that runs alongside “F Lift”, will remain in place and will run this summer, servicing the Windham Mountain Bike Park and skyrides.  The Bike Park opens for the season Memorial Day Weekend and will be unaffected by the construction.

The new lift will be accompanied by state-of-the art lift access, with the addition of RFID ticketing and gates for the 2018/2019 season.  The “Axess” radio-frequency identification technology will eliminate the need for guests to present their lift ticket or season pass to a lift attendant prior to loading all base area lifts.  RFID Cards can be reloaded via a home computer or smartphone, and can be used season after season.

“RFID ticketing is essentially ‘EZ-Pass for skiers’.  It will provide easier access to lifts and more accurate scanning of tickets and passes, helping skiers and riders get on the mountain faster, skipping the ticket windows and lift line scanning process.” said Chip Seamans, General Manager of Windham Mountain Resort.

All guests will now have the option to sign up for Resort Charge, by attaching a credit card account to their RFID card. This eliminates the need to carry cash or a credit card on the mountain. Resort Charge is accepted at all Windham Mountain Resort operated restaurants, eateries and retail locations.

The new chairlift and RFID system represent $6.5M in capital already invested toward the 2018/2019 Winter Season at Windham Mountain Resort.  More details on installation progress and a name for the new lift will follow.

Guests are invited to become a 2018/2019 Season Passholder at the annual Season Passholder Party on Saturday, March 17th, when the best rates on passes will be offered for one day only.  Passholders will enjoy a complimentary buffet and live music at the party.

Windham Mountain Resort is a year-round destination in the Great Northern Catskills of Greene County, NY, about two and a half hours north of New York City.  With 285 skiable acres, Windham offers 54 trails serviced by 12 lifts.  The Resort includes six terrain parks, learn-to packages, ski and stay packages, dining options, an Adventure Park, the full-service Alpine Spa, night skiing, and much more.  In the summer months, Windham Mountain Bike Park is famous for its World Cup course, but also features a three-mile-long beginner trail.  Windham Mountain Country Club is an 18-hole public golf course with a private club atmosphere.  

Windham Mountain Resort, 19 Resort Drive, Windham NY, 12496, 800-754-9463, info@windhammountain.com, www.windhammountain.com.

 

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Telluride Ski Resort Joins Vail Resorts’ Epic Pass

March 5, 2018

Telluride in Colorado’s San Juan Mountains boasts some of ski country’s most incredible and scenic terrain. Beginning next year, Telluride will be part of Vail Resorts’ Epic Pass. (Photo courtesy of Telluride)

BROOMFIELD, Colo.— Vail Resorts, Inc. and Telluride Ski & Golf have just announced that the Telluride Ski Resort will join Vail’s Epic Pass in a long-term alliance beginning with 2018-19 winter season, bringing the total to 46 mountain resorts for skiers and snowboarders. Telluride has been rated the “#1 Ski Resort in North America” five of the last six years by readers of Condé Nast Traveler. Vail Resorts’ 2018-19 season passes go on sale in early March at www.epicpass.com.

“We’re thrilled to welcome Telluride Ski Resort on the Epic Pass for the 2018-19 winter season, offering skiers and snowboarders even greater value and variety with the most popular season pass in the mountain resort industry. Telluride is on the bucket list of skiers and snowboarders around the world and we’re delighted to offer this iconic mountain resort as part of the Epic Pass experience,” said Kirsten Lynch, chief marketing officer of Vail Resorts.

“Telluride is excited to join the Epic Pass and a collection of world-class mountain resorts that skiers and snowboarders around the world come back to time and again. This new season pass alliance is more comprehensive and longer term than prior pass alliances and will provide an incredible benefit for both Telluride guests and our resort community. Epic Pass skiers and snowboarders thrive on new, unique one-of-a-kind adventures. We offer an extraordinary big mountain experience, signature hospitality and guest service, and an authentic, welcoming mountain town surrounded by stunning scenery,” said Bill Jensen, CEO of Telluride Ski & Golf.

Colorado’s San Juan Mountains boast some of ski country’s most incredible terrain, and Telluride is its mecca, stashed amongst the highest concentration of 13,000- and 14,000-foot peaks in North America. The breathtaking scenery is undeniably some of the most beautiful in the Rockies. Living up to its reputation for legendary terrain, Telluride has something for everyone. The Plunge, Revelation Bowl and Gold Hill offer plenty of steeps for experts. See

Forever and Prospect Bowl provide ideal terrain for intermediates and the wide open, gentle slopes of The Sunshine Express and The Meadows start beginners off right while enjoying the endless scenery of the San Juans.

Here’s a breakdown of benefits for Epic Pass, Epic 7-Day and Epic 4-Day pass holders, Telluride Season Pass holders and Telluride Ski & Golf Club members with full winter benefits:

  • Epic Pass™: Epic Pass holders will receive seven days of skiing or snowboarding with no blackout dates. Once the seven days have been used, pass holders can get 50 percent off lift tickets at Telluride. Pass holders get the added benefit of going direct to the lift with their pass and avoid the ticket window. The Epic Pass offers full access to Vail, Beaver Creek, Breckenridge, Keystone and Arapahoe Basin in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood at Lake Tahoe; Stowe Mountain Resort in Vermont; Afton Alps in Minnesota; Mt. Brighton in Michigan; Wilmot Mountain in Wisconsin; Whistler Blackcomb in Canada; and Perisher in Australia, with no blackout dates. The Epic Pass also provides limited access to Les 3 Vallées, Paradiski and Tignes-Val D’Isere in France; 4 Vallées in Switzerland; Arlberg in Austria and Skirama Dolomiti in Italy.
  • Epic 7-Day Pass: Epic 7-Day Pass holders will receive up to seven days of skiing or  snowboarding at Telluride with no blackout dates as part of their seven total days on the pass. After the seven days, regardless of the resort at which they were redeemed, pass holders can get 20 percent off additional lift tickets at Telluride. Pass holders get the added benefit of going direct to the lift with their pass and avoid the ticket window. The Epic 7-Day Pass features a total of seven days with no blackout dates at Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Park City, Heavenly, Northstar, Kirkwood, Stowe and Arapahoe Basin, plus seven additional free days at Afton Alps, Mt. Brighton or Wilmot Mountain.
  • Epic 4-Day Pass: Epic 4-Day Pass holders will receive up to four days of skiing or snowboarding at Telluride with no blackout dates as part of their four total days on the pass. After the four days, regardless of the resort at which they were redeemed, pass holders can get 20 percent off additional lift tickets at Telluride. Pass holders get the added benefit of going direct to the lift with their pass and avoid the ticket window. The Epic 4-Day pass features a total of four days with no blackout dates at Whistler Blackcomb, Vail, Beaver Creek, Breckenridge, Keystone, Park City, Heavenly, Northstar, Kirkwood, Stowe and Arapahoe Basin, plus four additional free days at Afton Alps, Mt. Brighton or Wilmot Mountain.
  • Telluride Season Pass holders and Telluride Ski & Golf Club Members with full winter benefits: These season pass holders and club members with full winter benefits will receive 50 percent off lift tickets at all Vail Resorts owned mountain resorts.

Telluride Ski & Golf, rated the #1 ski resort in North America five out of the last six years by Condé Nast Traveler, offers visitors an unparalleled combination of world-renowned ski terrain, spectacular scenery, unspoiled character, and signature hospitality. Nestled in the 13,000 and 14,000 foot peaks of Colorado’s majestic San Juan Mountains, the acclaimed resort offers over 2,000 skiing acres with some of the most legendary terrain in the Northern Hemisphere. During the winter, nonstop flights to Montrose-Telluride Regional Airport (MTJ) are available from 10 U.S. cities. For more information visit, www.tellurideskiresort.com.

Vail Resorts, Inc., through its subsidiaries, is the leading global mountain resort operator. Vail Resorts’ subsidiaries operate 11 world-class mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher in Australia; Stowe in Vermont; Wilmot Mountain in Wisconsin; Afton Alps in Minnesota and Mt. Brighton in Michigan. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. for information, visit www.snow.com.

 

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Snow.com 96-Hour Sale Offers Best Values on Mountain Getaways Across Vail Resorts Destinations

February 27, 2018
Park City UT_20170326_743e2 (c) Karen Rubin

Park City, Utah: Take advantage of Vail Resorts’ 96-hour vacation sale, Feb. 27-March 2 at snow.com © Karen Rubin/goingplacesfarandnear.com

BROOMFIELD, Colo.– Beginning at 12:01 a.m. on Tuesday, Feb. 27, the Snow.com 96-Hour Sale clock starts ticking with the best values on mountain getaways across Vail Resorts and RockResorts destinations, including Vail, Beaver Creek, Breckenridge, Keystone, Park City, Lake Tahoe, Whistler Blackcomb and Grand Teton National Park. http://www2.snow.com/info/96hoursale

COLORADO

Vail is a premier mountain resort where vibrant alpine villages are surrounded by the snow-capped peaks of the Rockies. Combined with exceptional terrain, award-winning dining and unique lodging options, Vail provides an incomparable experience that suits every taste and budget. Discover a lively mix of locals and guests from around the world, and enjoy a quintessential mountain resort experience in Vail. 96-Hour Sale lodging rates start at $279 per night or up to 40 percent off at The Lodge at Vail, A RockResort.

Skiers flock to Beaver Creek year after year to enjoy legendary service, world-class skiing, and an intimate alpine village. Beaver Creek’s terrain for all abilities and on-mountain gourmet dining combined with boutique shopping and lodging make for unforgettable vacations. 96-Hour Sale lodging rates start at $199 per night or up to 30 percent off at The Pines Lodge, A RockResort.

There’s something special about Breckenridge – it’s more than the mountain, and it’s more than the town. Skiers and snowboarders choose Breck for the feeling, the experiences, and the unique culture and the spirit of the community that can’t be found anywhere else. 96-Hour Sale lodging rates start at $99 per night or up to 40 percent off at the Village Hotel.

Keystone Resort is the ultimate family resort destination offering three incredible peaks, five bowls, night skiing, and in-bounds cat skiing. It is also known for its Kids Ski Free program, where kids 12 and younger can ski and ride for free every day with just two or more nights of lodging booked through the resort. Enjoy a Spring Break to remember with March vacation savings, plenty of sun and snow and the Kidtopia Music Experience event, March 2-10, featuring family-friendly concerts, free Kidtopia daily activities, a village parade, fireworks shows and more. 96-Hour Sale lodging rates start at $116 per night or up to 40 percent off at Keystone Resort properties.

Keystone Mountain Resort

Skiing Keystone, Colorado. March brings not only vacation savings, but Kidtopia Music Experience event, March 2-10, featuring family-friendly concerts and free Kidtopia daily activities, © Karen Rubin/goingplacesfarandnear.com

Getting around the pedestrian-friendly resort towns of Vail, Beaver Creek, Breckenridge and Keystone is easy, so there’s no need to rent a vehicle when guests can take advantage of the friendly and convenient transportation service offered by Colorado Mountain Express. Book during the 96-Hour Sale to save 20 percent on shared shuttles, private SUVs for up to five guests, or private vans for up to 10 guests. Rates from Denver International Airport for travel through April 16 start at $54 to Breckenridge or Keystone; and $69 to Vail or Beaver Creek. All shuttles include complimentary Wi-Fi on board.

UTAH

Located just 35 minutes from the Salt Lake City International Airport, Park City is a world-class mountain destination providing more than 7,300 skiable acres of diverse terrain suited for every skier and rider. With the forecast calling for spring sunshine and great snow, Park City is the place to be this spring. 96-Hour Sale lodging rates offer savings of up to 40 percent and start at $119 per night at DoubleTree by Hilton Hotel Park City or $157 per night at the Silverado Lodge.

CALIFORNIA / NEVADA

With a wide selection of vacation homes in beautiful South Lake Tahoe, Lake Tahoe Lodging Company has everything skiers and snowboarders need to plan a winter escape. With mountain chalets, slopeside condos or executive homes, guests will be located close to Heavenly and all that the South Shore of beautiful Lake Tahoe has to offer. 96-Hour Sale lodging rates offer savings of up to 30 percent and start at $107 per night at Aston Lakeland Village or $299 at Zalanta.

World-class conditions on a pristine mountain high above beautiful Lake Tahoe paired with a vibrant slopeside village filled with shopping, dining and family fun make up Northstar California, what Travel + Leisure named one of the Top Ski Resorts Perfect for Families. 96-Hour Sale lodging rates start at $96 per night or up to 30 percent off at Aspen Grove Studios.

Kirkwood offers small town attitude with big mountain skiing and riding in the deepest, driest snow around and some of North America’s most diverse and challenging terrain. 96-Hour Sale lodging rates start at $96 or up to 30 percent off at the Meadows.

Kirkwood e (c) Laini Miranda

Skiing Kirkwood in Tahoe, California © Laini Miranda/goingplacesfarandnear.com

WHISTLER BLACKCOMB

Spanning 8,171 acres, the vast and varied terrain of Whistler Blackcomb will entice first-time skiers and seasoned shredders alike. Two side-by-side mountains are connected by the Guinness World Record-holding PEAK 2 PEAK Gondola and supported by one of the largest networks of high-speed chairlifts in the world. And with one of the longest ski seasons on the continent, it has all the makings of a top-ranked resort for a reason. 96-Hour Sale lodging rates are available at up 30 percent off across multiple properties, including Lodging Ovations.

VERMONT

Stowe Mountain Resort, now part of Vail Resorts, is also offering the 96-Hour Sale Save up to 50% on lodging stays through the end of the ski season (April 15, 2018).

BOOK IN ADVANCE FOR MORE MOUNTAIN VACATION VALUES

Skiers and snowboarders looking for the best prices on lift tickets can use their smartphone or computer to purchase tickets online in advance at www.snow.com/lifttickets. By purchasing lift tickets seven or more days in advance online, guests will receive the biggest savings – up to 25 percent – and the lowest price, guaranteed. Advance purchase tickets can be sent directly to a guest’s mailbox, allowing them to bypass the ticket window. Or guests can easily pick up their tickets at the resorts’ Epic Day Express windows. Once a guest has a hard card ticket, they can even load more days onto the card by purchasing additional days online. Guests can also save by booking ski school lessons online in advance at www.snow.com/skischoolSki and snowboard rentals across Colorado, California and Utah can be booked online to save up to 20 percent. Many locations also offer complimentary delivery to your hotel, condominium or residence. www.rentskis.com

WYOMING

Acclaimed for its spectacular wildlife viewing, Grand Teton Lodge Company provides a mountain experience not soon to be forgotten. Located within the park are lodging options ranging from cozy campgrounds to charming full-service lodge rooms, cabins and cottages, open seasonally from late-May to early-October. Enjoy rustic elegance in one of 36 cabins and five-star dining at Jenny Lake Lodge; visit the historic Jackson Lake Lodge with 385 guest rooms; get closer to nature with quaint cabins and tent cabins at Colter Bay Village; or unplug at Headwaters Lodge & Cabins at Flagg Ranch. With each accommodation, guests can listen to elk bugle outside their door and spot bison, moose, bear and other wildlife roaming free among the majestic backdrop of the Tetons. Rates start at $198 per night or up to 30 percent off at Headwaters Lodge & Cabins. www.GTLC.com

Vail Resorts, Inc., through its subsidiaries, operates 11 world-class mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher in Australia; Stowe in Vermont; Wilmot Mountain in Wisconsin; Afton Alps in Minnesota and Mt. Brighton in Michigan. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. For information, visit www.snow.com.

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Vermont Ski Resorts Ready for Holidays as December Storm Drops 2 Feet of Snow

December 14, 2017
Stowe Mtn 121317e2 Jeb Wallace-Brodeur

Stowe Mountain Resort on December 13, 2016 (photo by Jeb Wallace-Brodeur).

Just in time for the holiday season, Mother Nature has gifted Vermont’s slopes with up to two feet of snow this week. This abundant early season snowfall allows for expanding open terrain at resorts and has enticed above average amounts of mid-week visitors. With resorts dropping ropes and making snow, and most of the remaining Vermont ski and snowboard areas planning to open this weekend, Vermont’s open terrain will double over the next week and could be close to 100% open over the holiday.

Mount Snow Resort held their annual Founders Day Celebration on Tuesday, December 12 with crowds that rivaled a busy Saturday afternoon. “In what has become a Mount Snow Founders Day tradition, we once again saw a 10”+ powder day correspond with our $12 lift tickets. This meant that our guests paid roughly $1 per inch of powder on Tuesday. Not a bad deal!” said Jamie Storrs, Communications Manager at Mount Snow.

Further north, Burke Mountain saw a 60% increase in open terrain from Tuesday to Wednesday thanks to 15 inches of snow overnight. Nearby at Jay Peak Resort, reservations jumped 30% as the storm rolled in with visitors booking for this coming weekend as well as the holiday period. Similarly, in Southern Vermont, 18 inches of fresh snow at Stratton Mountain Resort resulted in an increase in mid-week and holiday reservations.

Stowe Mountain Resort, now part of Vail Resorts and its Epic Pass, has had an exceptional start to their season with mid-week skiers and snowboarders expanding beyond Vermont residents to guests from states to the south and north of the border. Director of Communications at Stowe Mountain Resort, Jeff Wise, said that the early season snowfall and cooler temperatures have them planning to open 100% of their terrain by Christmas.

At Sugarbush Resort, President and Owner, Win Smith said that thanks to the cooler weather, “we have had terrific snowmaking temperatures and have already blown over two thirds of what we do in a normal year. And now Mother Nature has given us over a foot of snow to add icing to the cake!”

Other Vermont resorts that have relished in Mother Nature’s bounty this week include Bromley Mountain, Smugglers’ Notch Resort and Okemo Mountain Resort. Smugglers’ Notch Resort will have top to bottom skiing and snowboarding on all three of their mountains, Morse, Madonna and Sterling come this weekend. Okemo Mountain Resort expects to double their trail count from last Saturday, December 8th to this Saturday, December 16th and Bromley Mountain began their weeklong operations a day early thanks to the natural snowfall.

Vermont’s cross country centers welcomed over 15 inches of snow to their trails, too. Centers like Trapp Family Lodge and Blueberry Hill Outdoor Center reported winter wonderlands on their properties, with Trapp Family Lodge operating 8 km of trails and Blueberry Hill operating 57.3 km. Kingdom Trail Association and Rikert Nordic Center are 100% open, with many other cross country centers opening more terrain in the coming days with added snowfall.

Looking ahead to the weekend, Vermont resorts like Mad River Glen, Pico Mountain and Middlebury Snowbowl are avidly awaiting opening day on Friday, December 15th and looking forward to opening with more terrain than previously anticipated. General Manager of the Middlebury Snow Bowl, Peter Mackey said thanks to the 14” of snowfall, “we’ll be able to open two trails on just natural snow this weekend that we hadn’t planned on.”

As the snow continues to fall across the Green Mountain State, stay up to date with Vermont’s most recent trail conditions and weather alerts at SkiVermont.com and explore resort information, deals and events via the Ski Vermont Resort Finder.

See also:

Bubble Chairs, Great Snowmaking Give Okemo Mountain Resort an Edge

Mount Snow’s First Ever Devin Logan Experience Provides Template for New Women’s Programs

 

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Snow Resorts are Magical Places for Winter Holidays

December 8, 2017
Whistler-Blackcomb-Mitchell-Winton e2

Whistler-Blackcomb, British Columbia, Canada (© Mitchell Winton)

Snow-covered mountain resorts are particularly magical at the holidays, and they go all out.

“The quintessential holiday vacation is a ski trip in the mountains,” says CMO at Ski.com and industry veteran, Dan Sherman. “From elaborate light displays in quaint mountain villages and Santa races to holiday markets and torchlight parades, mountain destinations offer the epitome of an idyllic holiday atmosphere.”

Here are just a few examples:

Stowe, Vermont An idyllic New England town, Stowe is a winter wonderland. The streets of historic downtown come to life during the holidays with a local artisan market. From candy cane-making demos to the annual winter-themed ice carving, there is plenty to do off the mountain. Catch a holiday concert at the Spruce Peak Performing Arts Center or take the kids to a community screening of It’s a Wonderful Life. Ring in the New Year with Stowe’s on-mountain Torchlight Parade and Fireworks Show over Spruce Peak.

Vail, Colorado: Vail’s Holidays are held from November 29th through December 31st. The festivities kick off with the annual Kris Kringle Market, an outdoor market featuring 34 local and regional Colorado vendors, where travelers can pick up unique last minute gifts. On the evening of December 17th, join the Mayor and take in the Town of Vail Tree Lighting by the Covered Bridge, while the Vail Children’s Choir sings. On December 22nd, Vail Winterfest Ice Theater hosts their Grand Opening Celebration. Ice Sculptor Paul Wertin creates oversized ice chairs where travelers can kick back and relax while enjoying film projects, such as How the Grinch Stole Christmas. On New Year’s Eve, ski instructors and locals form a glowing train down the mountain, while fireworks bring in the new year, lighting up Vail’s iconic setting. Other activities include ice skating, lantern making, holiday sweater runs to burn off some extra calories and children’s cookies and tea parties.

Whistler Blackcomb, Canada Dress like Santa and Ms. Claus and ski for free on the annual Santa Ski Day, this December in Whistler. The first 75 guests to arrive at the Garibaldi Lift Company dressed in holiday garb will be awarded a free lift ticket. The iconic Fire & Ice shows light up the town every Sunday evening as skiers and snowboarders hit a big air jump through a ring of fire. The 34th annual Christmas Eve Carol Service takes place at the Westin Resort and Spa, bringing to life the story of the birth of Christ along with traditional carols and music. In addition, children can ice skate with Santa throughout the holiday season at the Whistler Olympic Plaza.

Vorderstadt Kitzb¸hel

Kitzbühel, Austria (© Markus Mitterer)

Kitzbuhel, Austria An ultimate holiday destination for skiing and festivities, the town of Kitzbuhel transforms into a Christmas market and winter wonderland from November 30th through December 26th. Featuring traditional Tyrolean crafts, food and traditions, the market celebrates the holidays with a variety of musical acts featuring local choirs and musicians, Christmas readings, petting zoos and pony rides for the children. On January 1st, thousands of locals and visitors ring in the New Year with a torch skiing and flame jumping show, complete with the 64th annual fireworks show put on by fireworks champion, Armin Lukasser.

Squaw Valley, California: The holidays kick off in Squaw and Alpine Meadows on December 16th with the Opening Ceremonies. The Ceremonies include a glow stick parade, lead by the one and only Santa. The parade meanders through Squaw’s “Ye Olde Christmas Village” and the “Merry Wonderland” (a transformed Olympic Village Lodge). Check out the Ice Garden and performances by the Truckee Tahoe Community Chorus. Participants will also enjoy the “Taste of Squaw,” where local dining establishments provide free bites of signature items. Santa continues his visits throughout the week, stopping at the Merry Wonderland, the Ice Garden, Village at Squaw Valley and Alpine Meadows. On December 21st, visitors can enjoy a concert put on by the Squaw Valley Institute featuring blues-infused covers of classics by likes of BB King, Kat King Cole, Otis Redding, Eric Clapton and more. Other festivities include Ugly Sweater parties, brunch with Santa and skiing with Santa on December 25th.

Innsbruck, Austria: From mid-November through early January, the capitol of Tyrol is awash with Christmas festivities. The neighborhood of Alstadt features popular Medieval houses on the narrow Kiebachgasse street. Brothers Grimm characters peer down from the widows and tickle the imagination of children and the young at heart. Vendor booths are laden with festive goods like gingerbread, wooden toys and hand-blown ornaments. Every day at dusk, trumpeters perform traditional carols on the 500-year-old Golden Roof. Don’t miss Kiachln, a traditional Advent doughnut served with hot cranberry sauce. Take a ride up the funicular to Hafelekar, located just outside of Innsbruck to enjoy the twinkling city below.

Sun Valley-Kevin-Syms e2

Sun Valley, Idaho (© Kevin Syms)

Sun Valley, Idaho The birthplace of skiing in the U.S., Sun Valley, Idaho is a small town with five-star amenities, but without the crowds. Christmas festivities start early with the annual Tree Lighting Ceremony on December 16th. Santa will be present, as well as the Sun Valley Carolers, an ice carving demo and free cookies and hot chocolate. Carolers perform daily performances throughout the Sun Valley Village and at various Sun Valley restaurants through the holidays. A European-style open-air market on the Sun Valley Lawn features vendors and holiday goodies. On Christmas Eve, enjoy the Winter Wonderland Ice Show while warming up with free hot chocolate and fresh-baked cookies at the Lodge. Don’t miss Christmas Eve fireworks and a sky-illuminating torchlight parade down Dollar Mountain. Take sleigh rides to Trail Creek Cabin for dinner or amble down Main Street in Ketchum, lit up with a festive holiday gallery walk and festive decorations on all of the beautiful lodges.

Aspen, Colorado: The 12 Days of Aspen usher in the holidays in Aspen, Colorado. On December 20th, kids can make their parents a special gift at the St. Regis, while LeAnn Rimes will perform at the Belly Up that evening. The following day, Santa will be at the Winer Wonderland with his live reindeer. Come meet St. Nick and enjoy free hot cocoa and cookies while getting your picture taken. Santa will also be conducting sleigh rides throughout the 12 Days through town with Mrs. Claus; visitors can reserve spots in advance to take a ride. During the afternoons the spirited Hotel Jerome will be hosting carolers for visitors and locals alike. On the 23rd, everyone’s favorite characters from Peanuts come to life at the Wheeler Opera House with a presentation of A Charlie Brown Christmas. And finally, on the 31st, ring in the New Year with an astounding fireworks show over Aspen Mountain. The Infamous Stringdusters will cap off the evening with a performance at the Wheeler Opera House.

For assistance making travel arrangements, visit Ski.com (you can do an on-line chat with a specialist) or call 800-908-5000 or 970-429-3099.

 

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Vail Resorts’ Beaver Creek Opens Red Buffalo Park Learn-to-Ski Area

November 9, 2017
vailadvridge95-tubing-DL

Tubing at the Adventure Center atop Beaver Creek Resort © Dave E. Leiberman/goingplacesfarandnear.com

Beaver Creek Resort, Colorado, renowned as a world-class luxury family mountain resort, is opening a new 200-acre Red Buffalo Park for the 2017-2018 season – an incomparable family learning area at the top of the mountain with 13 trails dedicated to beginner and learning terrain, serviced by a new Red Buffalo Express Lift (#5), a new Cookie Cabin, Kids’ Adventure Zones, snow sculptures, and a Ski School Skills Zone.

The new family and adventure learning area is designed to improve the experience for beginner and intermediate skiers and further establish Beaver Creek, part of Vail Resorts, as one of the world’s best luxury family resorts. Located at the mountain’s highest elevation, 11,440 feet, Red Buffalo Park provides 13 trails designated as a family learning area. At the heart of Red Buffalo Park, the new Red Buffalo Express Lift (#5), a high-speed quad, will improve the beginner experience by decreasing lift lines and providing a shorter, 4.3 minute ride to the top of the mountain.

Red Buffalo Park amenities include Kids’ Adventure Zones, snow sculptures, Park 101 and Zoom Room terrain parks, and a dedicated Ski School Skills Zone on Upper Sheephorn trail. Beaver Creek Ski & Snowboard School students will have access to the new Cookie Cabin, a mountaintop refuge serving Beaver Creek’s famed, fresh-baked chocolate chip cookies daily.

“Red Buffalo Park is all about more time skiing with your family in an area that focuses on beginners and intermediate skiers and riders. Upgrading Red Buffalo Express Lift will provide high-speed lift access to the amazing beginner terrain at the top of Beaver Creek, resulting in less time riding the lift and more time skiing,” said Beth Howard, chief operating officer of Beaver Creek Resort. “We expect this improvement to take significant volume off Cinch Express, Beaver Creek’s second most-popular lift, and it really is an improvement befitting of Beaver Creek’s luxury, family experience, as it enhances a key beginner and family area of our mountain.”

 

Red Buffalo Park

Unlike most beginner learning areas, Beaver Creek’s Red Buffalo Park is located at 11,440 feet, the highest point of the mountain. The gentle slope of the designated learning trails provides terrain fitting for beginner and intermediate skiers and riders, plus breathtaking panoramic views of the Gore Range. Guests can ride the new Red Buffalo Express Lift (#5), located at the heart of Red Buffalo Park, for quick access to all 13 trails.

The new Red Buffalo Express Lift (#5) is named after the signature, beginner Red Buffalo trail, which provides incredible views of the Gore Range and is named after two signature peaks of the Gore Range, the Red peak and Buffalo peak. The new lift will reduce ride time by 50 percent, from 8.6 minutes to 4.3 minutes, and will increase uphill capacity by 75 percent. With the upgrade, all primary lifts on Beaver Creek will be high-speed.

 

New Ski School Experiences at Red Buffalo Park

Cookie Cabin: Guests enrolled in Beaver Creek Ski & Snowboard School will have access to the Cookie Cabin, located at the top of Red Buffalo Express Lift (#5). Serving up Beaver Creek’s famed, fresh-baked chocolate chip cookies all-day long, the Cookie Cabin provides the perfect rejuvenation during a day on the slopes.

Sheephorn Ski School Skills Zone: Upper Sheephorn, a signature trail in Red Buffalo Park, is designated as a Ski School Skills Zone. The wide trail with sweeping views of the Gore Range is the perfect place for guests to refine their skills. After mastering the Sheephorn Skills Zone, guests can move on to explore the rest of the mountaintop terrain offered at Red Buffalo Park. 

Activities & Events in Red Buffalo Park

Snow Sculptures: Explore Red Buffalo Park to discover various snow sculptures located alongside the trails. Watch as the sculptures grow in size throughout the season – guests might even see Beaver Creek’s master snow sculptor at work.

Kids’ Adventure Zones: With banked turns, covered wagons, teepees and more, these fun areas are perfect to build confidence and challenge children’s skiing and riding abilities. Discover a sense of adventure on these runs designed just for kids within Red Buffalo Park.

  • Jack Rabbit Alley: This is a perennial favorite for kids of all ages. This trail starts at the very top of the mountain and winds its way through the trees of Red Buffalo Park challenging advanced and intermediate skiers.
  • Wild West Trail: A little bit of the Wild West built into Jack Rabbit Alley. Ski through a covered Calistoga wagon or explore the inside of a Native American teepee.
  • Mystic Maze: A fun interpretive trail winding through the lower trees just off the Ski School Skills Zone. This is a great piece of terrain for intermediate skiers to explore and learn about the animals on Beaver Creek Mountain.

Terrain Parks

  • Park 101: This beginner terrain park is great for people who are just learning the basics of freestyle snowboarding or freeskiing. The entry-level park contains small jumps, boxes, rails, and stall features designed for beginner riders and skiers to learn the basics of a terrain park.
  • Zoom Room: An intermediate-level park designed to flow through a variety of different and unique features including boxes, rails, log-slides, stall features, and jumps. Zoom Room is the natural progression once skiers and riders get comfortable with the basics.

Ski With A Ranger
Join partners from Walking Mountains Science Center and the United States Forest Service on a fun, engaging and complimentary tour of the beautiful natural surroundings here at Beaver Creek. Come learn more about the forest around you including wildlife, plants, history and the mountain ecosystem in winter. The tour will meet every Monday, starting December 11, at 1:30 p.m. at the top of Red Buffalo Park for an hour long educational adventure. Ability Levels 3 and up, open to all ages.

Vail Resorts’ Beaver Creek Resort  is renowned as a luxury family resort and for legendary attention to detail, World-Cup mountain pedigree, intimate alpine village, and reputation for world-class service. Just 30 minutes east of Eagle Airport (EGE) and 2.5 hours west of Denver International Airport (DIA), Beaver Creek offers luxury accommodations throughout three villages and ski-in, ski-out luxury lodges and hotels. More than 40 in-resort and slope-side restaurants, elegant village boutiques, cherished daily traditions and activities such as world-class downhill skiing and snowboarding spanning 1,832 acres with 3,340 vertical feet of descent, snow shoeing, Nordic skiing, and ice skating in the Beaver Creek village. Visit BeaverCreek.com for additional information and vacation planning.  

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New Direct Flights, Expanded Train Service Ease Travel to Colorado Ski Resorts This Season

October 11, 2017
Winter Park, Colorad

Travelers to Denver will find it easy to tack on a ski holiday in Winter Park with Amtrak’s expanded weekend train service January-March. © Karen Rubin/goingplacesfarandnear.com

DENVER –Colorado Ski Country USA has announced new direct flights to and from Colorado’s eight regional airports and expanded service on the Winter Park Express this season that will provide skiers and riders from across the country easy and convenient travel options to their favorite Colorado ski resorts by train, plane or car this winter.

Also, the Amtrak Winter Park Express, coming off a highly successful inaugural season, will offer expanded train service for the 2017-18 ski season. The Winter Park Express will depart from Union Station in downtown Denver each Saturday and Sunday from January 5 through March 25, plus three new “First Friday” round-trips, with a reduced fare of $29 each way on some departures. With more than 27 round-trip options and over 500 seats on each train, the Winter Park Express allows visiting skiers and riders to travel to Winter Park Resort without renting or setting foot in a car.

Colorado’s eight regional airports will offer new and expanded flights for the 2017-18 season. Steamboat will feature new nonstop flights from Austin (AUS) and Kansas City (MCI) on ViaAir into Steamboat/Hayden (HDN) airport beginning Dec. 13, 2017. These additional flights will bring Steamboat’s total direct air service to 14 major U.S. airports.

Aspen Snowmass will have new daily nonstop flights through American Airlines from Phoenix Sky Harbor International Airport (PHX) starting this winter along with expanded service from both Dallas Ft. Worth (DFW) and Chicago O’ Hare (ORD).

 

Telluride will offer increased access this winter through new American Airlines direct flights into Montrose-Telluride Regional Airport (MTJ) from Charlotte Douglas International (CLT), Saturdays starting Dec. 23, 2017. Delta Airlines will operate new flights this winter from Salt Lake City (SLC) to Montrose-Telluride (MTJ) over the Christmas and New Year’s holidays.

Skiers and riders hoping to make it to ski areas in the southwest part of the state: Telluride, Silverton, Purgatory and Wolf Creek, will have another option from Denver (DEN) on a new Boutique Air flight servicing Alamosa San Luis Valley (ALS) with three daily non-stop flights with a round-trip as low as $100.

Visitors can also access seven resorts within a two-hour drive of Denver (DEN), including Colorado Ski Country USA’s newest member resort, Echo Mountain. Only 35 miles or 50 minutes from downtown Denver, the Idaho Springs ski area offers six trails on 60 acres just a short drive from the Front Range.

For a full list of flights into and out of Denver (DEN) servicing Colorado’s eight regional airports and for direct flights into airports servicing all of Colorado Ski Country USA’s member resorts visit coloradoski.com/traveling.

Colorado Ski Country USA (CSCUSA) is the not-for-profit trade association representing Colorado’s 23 ski & snowboard resorts. www.ColoradoSki.com, on Twitter @ColoradoSkiUSA and on Facebook at www.Facebook.com/ColoradoSkiCountryUSA.

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Park City’s Grand Summit Hotel to Undergo $15 Million Renovation and Join RockResorts

March 27, 2017
Park City UT_20170324_421e2 (c) Karen Rubin

A view of Park City’s Canyons Village in spring. Vail Resorts, which owns Park City resort plans a $15 million renovation of the Grand Summit Hotel at Canyons Village and to flag it as a RockResorts property © 2017 Karen Rubin/goingplacesfarandnear.com

Grand Summit Hotel at Canyons Village in Vail Resorts’ Park City mountain resort in Utah, will undergo an extensive $15 million renovation this spring and subsequent flagging as a RockResorts property. The renovations will bring the hotel up to par with both its unrivaled location at the base of the largest ski resort in the United States and the modern luxury its guests expect in a travel experience. The property will temporarily close from April 17, 2017 – in conjunction with the close of Park City Mountain’s ski and snowboard season – through mid-summer.

“We couldn’t be more excited to bring the interior of the Grand Summit Hotel up to the same caliber as the world-class resort that’s just steps away from the property,” said Jim Dullanty, president of the Grand Summit Homeowner’s Association. “This transformation will undoubtedly elevate the experience for all of Grand Summit Hotel’s guests as well as the unit owners themselves.”

The renovation will include a complete overhaul of all 212 suites, including new interior finishes, furnishings, soft goods, appliances, artwork and technology. The property’s communal spaces will also be incorporated into the renovation, including the lobby and front desk, full remodel of the on-site spa, café and general store, and refresh of the conference and meeting spaces.

The interior design work will be conducted by Boulder, Colo.-based TRH Interior Design, which has also designed and transformed other Vail Resorts properties such as Crystal Peak Lodge in Breckenridge, Colo., as well as other luxury mountain properties such as the Westin Snowmass Resort and the Lumiere Hotel in Telluride.

Following the extensive renovation, the Grand Summit Hotel will be flagged as a RockResort.

RockResorts, a division of Vail Resorts, owns and operates a collection of premium properties, lavish RockResorts Spas and distinctive dining options in iconic mountain locations.

“We are thrilled to add Grand Summit to the RockResorts collection,” said Ron Neville, Vail Resorts’ vice president of hospitality. “The RockResorts brand represents the hallmark of casually elegant properties with exceptional service in our mountain resort locations. We’re looking forward to continuing to deliver extraordinary service and experiences to our guests at the Grand Summit.”

The Grand Summit Hotel sits majestically in the heart of Canyons Village at Park City. Its 212 lock-off suites provide guests with more than 290 lodging options, including hotel rooms, studios, one-, two- and three-bedroom suites and expansive luxury penthouses. Many rooms have balconies, fireplaces, double showers and full kitchens with service for eight guests. The Grand Summit’s heated outdoor swimming pool is an ideal place to relax after an adventurous day of exploring the outdoors year round. More information about Grand Summit Hotel can be found here.

RockResorts, a wholly owned subsidiary of Vail Resorts, owns and operates luxury resorts that offer casually elegant accommodations, lavish RockResorts Spas, renowned golf courses, award-winning dining and a variety of exciting outdoor adventures. The RockResorts collection includes The Arrabelle at Vail Square and The Lodge at Vail in Vail, Colo.; The Osprey at Beaver Creek and The Pines Lodge in Beaver Creek, Colo.; and One Ski Hill Place in Breckenridge, Colo.

Vail Resorts, Inc subsidiaries operate 10 world-class mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Perisher in Australia; Whistler Blackcomb in Canada; Afton Alps in Minnesota, Mt. Brighton in Michigan and Wilmot Mountain in Wisconsin. The Company owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.
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Vail Resorts to Acquire Stowe Mountain Resort Vermont, Add to Epic Pass

March 27, 2017

Stowe Mountain Resort Vt

Vail Resorts is moving to complete the acquisition of Stowe Mountain Resort, Vermont, which would be the company’s first resort on the East Coast, and would give East Coast skiers more of a reason to buy the Epic Pass.

Vail Resorts, Inc. in February entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company, Inc., a wholly owned subsidiary of American International Group, Inc. (AIG), for a purchase price of $50 million, subject to certain adjustments. Stowe Mountain Resort will be Vail Resorts’ first mountain resort on the East Coast and complements the Company’s network of 10 world-class mountain resorts and three urban ski areas.

This acquisition brings together Vail Resorts, a leading mountain resort operator, with AIG Global Real Estate (AIGGRE), a major real estate developer, which share a common vision for the long-term success of Stowe Mountain Resort as a premier, high-end resort for skiers and snowboarders on the East Coast. Vail Resorts is acquiring all of the assets related to the mountain operations of the resort, including base area skier services (food and beverage, retail and rental, lift ticket offices and ski and snowboard school facilities) at Mount Mansfield and Spruce Peak. Other facilities such as the Stowe Mountain Lodge, Stowe Mountain Club, Stowe Country Club and certain real estate owned and held for potential future development will be retained by MMC.

“We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. With the investments in both mountain infrastructure and base area facilities that AIG has made over the years, Stowe Mountain Resort has become the premier, high-end resort for East Coast skiers and snowboarders. We look forward to working with AIG to continue enhancing the guest experience and to ensure the resort’s long-term success,” said Rob Katz, chairman and chief executive officer of Vail Resorts.

Douglas Tymins, president and chief executive officer of AIG Global Real Estate, said, “Under Vail Resorts’ management, Stowe’s reputation as a premier ski destination with a commitment to excellent service will continue to grow. AIGGRE is looking forward to combining Vail Resorts’ tremendous mountain operations capabilities with our continued commitment to the development of the Spruce Peak community.”

Stowe Mountain Resort in Stowe, Vt., has undergone major capital and facilities improvements including the Spruce Peak Adventure Center, the new Meadows Quad on Spruce Peak, Evolution Stowe’s RFID tickets, passes and gates and the new Shops at Spruce Peak. Spruce Peak also has new high-speed lifts, new base facilities and gourmet restaurants. MMC will retain ownership of the renowned Stowe Mountain Lodge at Stowe Mountain Resort, a 312-room hotel and spa that has already been recognized as one of the greenest and most luxurious mountainside hotels in the world, and additional slopeside real estate opportunities.

This transaction is subject to Vermont administrative review. At closing, the purchase price will be adjusted for certain agreed upon terms, including a reduction (or increase) in the price by the amount that the resort’s EBITDA exceeds capital expenditures for the period from Nov. 1, 2016, through closing. Stowe Mountain Resort is expected to generate incremental annual EBITDA in excess of $5 million in Vail Resorts’ fiscal year ending July 31, 2018.

Vail Resorts plans to integrate Stowe Mountain Resort into its Epic Pass and other season pass products for the 2017-18 winter season, subject to the acquisition closing. With the Epic Pass, Vermont skiers and snowboarders will have unlimited access locally at Stowe at an attractive price as well as the best of the West at Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in Tahoe; and Whistler Blackcomb in British Columbia, Canada.

See: Vail Resorts Plans to Add Stowe Vermont to 2017-18 Epic Pass Giving Northeastern Skiers New Reason to Buy

Vail Resorts, Inc subsidiaries operate 10 world-class mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Perisher in Australia; Whistler Blackcomb in Canada; Afton Alps in Minnesota, Mt. Brighton in Michigan and Wilmot Mountain in Wisconsin. The Company owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.
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