Posts Tagged Beaver Creek
Welcome to your November Bachelor Gulch Real Estate Market Update. The recovery continues in our local market. We will see an increase in activity for Bachelor Gulch in 2012 compared to 2011.
In addition to the latest BG real estate stats and trends, the market update contains stories on:
- Warren Buffett makes a huge bet on the US Housing Market
- Absorption Rate drops below 10 months for the overall real estate market in the Valley
Click on the links below to view the market update and the current BG condo and town home listings and 2012 sales.
Beaver Creek opened on Wednesday to a beautiful day. We can use some more snow and a storm is forecast for early next week. Here’s hoping for a dump!
VAIL—The newly renovated Osprey at Beaver Creek was named Best Resort in the Continental U.S. in Travel + Leisure’s annual reader survey released Friday.
Two additional Vail-area hotels — The Sebastian in Lionshead and Pines Lodge in Beaver Creek — were second and third on the prestigious list. Both the Osprey and Pines Lodge are RockResorts properties, the luxury lodging company owned by Vail Resorts.
“We are honored to have two of our RockResorts properties at the top of the Travel + Leisure 2012 World’s Best Awards readers’ survey,” Broomfield-based RockResorts CEO James O’Donnell said in a statement. “Our teams strive to ensure our guests have a true experience of a lifetime whether staying with us in our hotel properties or enjoying our iconic mountain resorts like Beaver Creek.”
The Osprey is a mere 26 feet from the Strawberry Park Express chair lift. It was recently renovated to reflect contemporary design and luxury amenities, including an award-winning gourmet tapas bar and restaurant. The intimate, 60-room Pines Lodge is located on the slopes at Beaver Creek Resort.
The Sebastian in the Vail Village dubs itself a boutique hotel with 100 rooms and seven suites. It is owned by Timbers Resorts, which also owns Dancing Bear in Aspen and One Timbers Place in Steamboat Springs.
This marks the first year for all three Vail-area hotels to appear on the magazine’s “Best” hotels list. Also appearing were the Ritz-Carlton Bachelor Gulch (No. 8), The Broadmoor in Colorado Springs (No. 22), Park Hyatt Beaver Creek Resort & Spa (No. 30), and the Four Seasons Resort in Vail (No. 33).
The survey ranks readers’ favorite hotels, cities, islands, cruise lines, airlines, car rental agencies, spas, safari outfitters and tour operators. Winners will be featured in the August online and print editions.
This year’s survey showed that the allure of the exotic and the new remains as strong as ever, according to Travel+Leisure Editor-in-Chief Nany Novogrod.
“Along with great service, our readers crave adventure and the outdoors, reflected in their selection of this year’s top three resorts in the Continental U.S., all located in Colorado mountain towns,” Novogrod said in a statement.
The survey among the magazine’s readers took place from Dec. 1, 2011 to March 31. Travel + Leisure covers culture, food, style and design, and has the largest audience among travel magazines.
Beaver Creek’s Ninth Annual Blues, Brews & Barbecue Event Returns May 25-28, 2012 Featuring Additions
- Friday evening Welcome Reception includes mingling with Barbecue and Microbrewery festival purveyors
- Barbecue competitions judged by pros and attendees; $10,000 in cash prizes to be awarded
- Monday Cut & Slice Golf Event at Beaver Creek Golf Club
On Friday, May 25 celebrate the holiday weekend at the new Welcome Reception, which will be held at the Park Hyatt Beaver Creek from 5-6 p.m. Join visiting and local chefs participating in the event and talk brews with representatives from participating microbreweries. Tickets are $25 per person.
EAGLE COUNTY, Colorado — Vail Resorts is changing its management around for what company CEO Rob Katz said will best position the company to achieve its long-term strategic vision.
Katz said an email to company employees last week announcing that John Garnsey will become president-international as of April 15. The restructuring also means Vail Mountain Chief Operating Officer Chris Jarnot “will take on oversight over Beaver Creek and Doug Lovell, chief operating officer of Beaver Creek, will report to Chris.”
Blaise Carrig, currently a co-president along with Garnsey, will take on the oversight of North American mountain resort operations, according to Katz’s email. And in Summit County, Pat Campbell, the chief operating officer of Breckenridge, will continue to report to Carrig and will also take on oversight of Keystone, while Keystone General Manager John Buhler will now report to Campbell.
Beth Howard, the vice president of mountain dining, will now report to Carrig, and Tim Beck, vice president of mountain planning, will continue to report to Garnsey.
“To think big, we need a team with incredible strength, experience and leadership and we are very fortunate to have leaders who can deliver that and more,” wrote Katz. “For the vast majority of you, these changes should be business as usual. But for all of us, down the road, we will undoubtedly look back on these changes as the building blocks to achieving something very special.”
Will Marks, managing director at JMP Securities and a Vail Resorts analyst, said the company told analysts last year that it was looking at potential expansion in Europe and Asia, and potentially South America.
“This news kind of further highlights that they are serious about expanding outside of the U.S.,” Marks said.
Garnsey said he has already been focusing a lot of his efforts on the international side of the business for about the last year and a half.
“It’s a really exciting opportunity for me to do this,” Garnsey said. “One of the strategies that our company is focusing on is growing the company, and growing it not only domestically, but also globally. One of my roles will be to continue, as I’ve been doing for the last two years, exploring those opportunities.”
Garnsey said part of the role is to understand more about the international ski industry and what opportunities may exist. He said a potential goal, while reiterating that nothing has been defined yet, could be international acquisitions.
“How long that takes, we have no idea,” Garnsey said. “We’re out there trying to listen and learn and understand the landscape.”
Vail Resorts spokeswoman Kelly Ladyga said of the shift that all senior leaders are stepping up to share responsibility for the Mountain Division now that Carrig is taking on leadership at all the North American resorts. She said, via email to the Vail Daily, that Jarnot’s new role is well suited because he has an “intimate knowledge of Beaver Creek, having been VP of marketing for both Vail and Beaver Creek in the past and VP of marketing for the company from 2003-2008, and is very familiar with all of the issues facing Eagle County.”
Lovell, Ladyga said, will continue overseeing Beaver Creek as he does now, with Jarnot becoming Lovell’s “more frequent contact to ensure alignment with all of our company and county-wide objectives, with (Carrig) continuing to provide broad strategic direction for both resorts.”
“And, importantly, John (Garnsey) will remain fully engaged in community efforts in Eagle County and still resides there,” Ladyga wrote.
Community Editor Lauren Glendenning can be reached at 970-748-2983 or firstname.lastname@example.org.
Welcome to my February Beaver Creek Real Estate Market Update. This issue contains a recap of 2011 and all related statistics. We were up slightly over 2010 but it will take a while to climb out of the deep hole we dropped into over the past few years.
The overall market was also up slightly in 2011, mainly due to the increase in the sale of distressed properties (bank owned and short sales).
On a different theme, I attended the National Association of Realtors (NAR) annual conference last fall in my role as VBR Board Member and MLS Director. I’ve included some comments from the NAR chief economist and his perspective on the housing market.
Click on the links below to view the market update and the current BC condo and town home listings and 2011 sales.
We continue to get snow although not to the extent of last season. Nevertheless, skiing is excellent.
Best Wishes to you and your family.