Posts Tagged Vail Colorado
I’m continually amazed at her work ethic, intelligence, patience, and management skills. Maybe she will make 40, who knows.
Recently Vail Resorts announced the new season pass line-up for the 2013-14 season. Visit www.epicpass.com for more information. New for this year, Vail Resorts is introducing the Epic 4-Day and the Keystone A-Basin Pass, plus the Epic Pass now offers unlimited access to Eldora (some holiday restrictions apply for employees) and five free days at Verbier Resort in Switzerland.
Buy your Vail Resorts season pass before April 14 to lock in the lowest price available and get the most benefits.
- The Epic Pass™: Now including unlimited access to Eldora in Colorado and Five Days In Verbier, Switzerland. Ski as much as you want, whenever you want at $689 for adults and $359 for children (ages 5-12).
- The Epic Local Pass™: Perfect for people who can navigate a few more restrictions.
- Summit Value Pass™: Perfect for people who only plan to ski or ride Summit County, Colorado.
- New Keystone A-Basin Pass™: The best deal for unlimited skiing in Colorado.
- The Tahoe Local Pass™: The best way to access Heavenly, Northstar and Kirkwood Seven Days a Week.
- Tahoe Value Pass™: Best for people who can handle a few restrictions.
- New this year, The Epic 4-Day™: Perfect for people who only plan to take one ski vacation.
- Epic 7-Day™: Perfect for people who don’t plan to ski more than seven days.
Vail Resorts to Acquire Two Ski Areas in Midwest, Afton Alps in Minnesota and Mount Brighton in Michigan
* Acquisitions Join Guests of Premier Urban Midwest Ski Areas with Vail
Resorts’ Seven World-Class Mountain Resorts
BROOMFIELD, Colo.—Dec. 6, 2012—Vail Resorts, Inc. (NYSE: MTN) announced today that it
has entered into agreements to purchase two premier urban ski areas in the Midwest, Afton Alps
in Minnesota and Mount Brighton in Michigan, for total cash consideration of $20 million. Both
ski areas serve major snow sports markets in the Midwest with more than 468,000 active skiers
and snowboarders in the nearby Minneapolis-St. Paul and Detroit metropolitan areas. Vail
Resorts plans to upgrade and enhance the experience at each resort and create opportunities to
connect guests from each of these ski areas to its seven world-class resorts in Colorado and Lake
Tahoe through season pass and other lift ticket products.
“We are thrilled to welcome Afton Alps and Mount Brighton to the Vail Resorts family. These
acquisitions are part of a new strategy for Vail Resorts to drive season pass sales and build
broader guest loyalty by looking at premier smaller ski areas located near major urban markets.
We plan to bring state-of-the-art racing, terrain parks, coaching and technology to the guest
experience. We also will connect these urban ski areas to our world-class resorts in Colorado,
California and Nevada with new season pass offerings, providing the chance to experience the
best skiing and riding locally and in the West,” said Rob Katz, chairman and chief executive
officer of Vail Resorts.
“Afton Alps’ great terrain and strong heritage built by the Augustine family make it an ideal ski
area for our entry into the Minneapolis-St. Paul market. Similarly, Mount Brighton is a great
area for beginners and advanced skiers alike in the Detroit, Lansing and Ann Arbor markets
with a strong snow sports tradition built over decades by the Tippett and Bruhn families. We
plan to honor the important legacy of each ski area for their loyal guests while investing to
enhance the experience in the years to come.” Katz added.
Vail Resorts plans to enhance both the on-mountain and base area experience at each ski area.
These enhancements will include redesigned and updated terrain parks, best-in-class coaching
and instruction for all levels of skiers and riders, dedicated racing programs, expanded dining
and entertainment options at the base area, and integrated technology and social media
programs like EpicMix, EpicMix Photo and EpicMix Racing. The Company also will invest in
each ski area’s infrastructure to improve snowmaking, parking and access to provide a more
consistent experience throughout the season. Finally, the Company will be reviewing
opportunities to add new summer activities. The Company will be outlining its plans in the
coming months and meeting with the local communities to seek their input.
Nearing its 50th anniversary, Afton Alps is the largest ski area near a major city in the Midwest
with 48 trails on nearly 300 acres, 18 lifts, four base areas, night skiing and riding, tubing and
an 18-hole golf course. Afton Alps is located 33 miles from more than two million people and
more than 161,000 skiers and snowboarders in the Minneapolis-St. Paul metropolitan area.
Open since 1960, Mount Brighton features 26 trails on 130 acres, six lifts, night skiing and
riding and an 18-hole golf course. The ski area is located 43 miles from Detroit and is within
reach of more than four million people and more than 307,000 skiers and snowboarders in the
Detroit, Lansing and Ann Arbor metropolitan areas.
Vail Resorts is planning season pass products for both Afton Alps and Mount Brighton in time
for the 2013-2014 season pass sales period, beginning in March 2013. In the meantime, to
welcome both ski areas into the Vail Resorts family, Afton Alps and Mount Brighton season pass
holders will immediately receive a 25-percent discount off of the window rate on lift tickets at
Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar and Kirkwood this season.
For more information, visit http://www.aftonalpsisepic.com and
The Company expects to complete the purchase of both urban ski areas within the next month;
closing is subject to certain conditions.
Welcome to your November Real Estate Market Update. Our local market is finally transitioning from a buyer’s market to a more traditional and balanced market.
In addition to my update on the overall real estate market, this report contains stories on:
Click on the link below to view the market update.
Vail and Beaver Creek Ski Resorts are now open. Here’s hoping the storm forecast for early next week brings plenty of snow.
Vail Mountain Names New Gondola “One” in Honor of Resort’s First Lift and Ongoing Commitment to Excellence
- New lift installed in conjunction with Vail’s 50th anniversary
- Cabin #50 will be gold as an ongoing reminder of Vail’s golden anniversary
- Gondola will open to the public on opening day of the 50th anniversary season, Friday, Nov. 16 following a formal dedication
VAIL, Colo. — Nov. 9, 2012 — Vail Mountain, the largest ski resort in the United States, announced today its new, state-of-the-art gondola, installed this summer in conjunction with the resort’s 50th anniversary celebration will be named “One.” The lift’s numerical designation will also be #1. The name is a tribute to Vail’s original gondola – the first in Colorado – and the first lift skiers took at the resort when it opened on Dec. 15, 1962 in the same location as the new gondola. The name is also a symbol of the resort’s ongoing commitment to making Vail the top mountain resort in the world.
One-hundred ten of the gondola’s 111 cabins were designed with a silver finish and full-length tinted windows while cabin #50 has been painted gold as an ongoing reminder that the lift is an integral part of Vail’s 50th anniversary celebration. A grand opening dedication will be held Friday, Nov. 16 at 8:30 a.m.
“Vail’s new gondola, One, is a tremendous step forward for both Vail Resorts and the ski and snowboard industry as well as an incredible investment in the guest experience,” said Chris Jarnot, senior vice president and chief operating officer of Vail Mountain. “We could not be more excited to officially dedicate and launch it on opening day of such a monumental season for Vail Mountain.”
The gondola, constructed by Leitner-Poma of America, is the first of its kind in North America. The 10-passenger cabins feature heated, cushioned seats and Wi-Fi access. It has a speed of 1,200 feet per minute and a ride time of just under eight minutes. It is the fastest gondola of its type in the world, creating a 40 percent increase in uphill capacity over the previous Vista Bahn Express Lift (#16), a high-speed quad chairlift constructed in 1985.
More than 70 percent of the lift was manufactured just two hours west of Vail at Leitner-Poma’s Grand Junction plant. The cabins and other portions of the gondola were constructed in Europe.
With Epic Discovery, summer in Vail will never be the same! Vail Resorts is creating an entirely new summer experience where adventure, education and nature balance and elevate one another.
Launching in 2014, Epic Discovery is designed to connect kids and families with our national forests in an active, fun and engaging way. Vail Resorts, the largest ski company in the United States, will work with The Nature Conservancy on interpretive aspects of the eco-discovery experiences. The proposal includes a number of new activities, Game Creek and Front Side Zip Line Tours, Adventure Ridge Challenge Tour, Micro-Interpretive Centers for Education, More Hiking and Mountain Biking Trails, Family Forest Adventure Park, Forest Flyer™,Game Creek Deck and Lookout Tower, Segway Trails and Tours. The extensive environmental and interpretive programming, offers everyone unique opportunities to try new outdoor activities, challenge themselves physically, discover an appreciation for nature and create lasting family memories.
Click below to visit the Epic Discovery Website:
Kim and I attended the recent Darius Rucker concert at the Gerald Ford Amphitheater in Vail, Colorado. This is the third year Darius has played a benefit concert for the Steadman Hawkins Research Center in Vail. It was also the third time Kim and I attended.
Darius puts on a great concert, full of energy with amazing clarity. Of course, the GFA is a great venue to view the concert. However, as it happened last year, it rained for almost the entire concert. But Kim and I are veterans and came prepared to sit on the grass and deal with the rain. So we managed to stay dry while enjoying the concert.
The place was packed. Hopefully Darius will return next year.
Vail, CO Colorado
Judge Christopher S. Sontchi punted the case to Colorado, where it landed before Judge Bruce Campbell in Denver’s federal bankruptcy court.
“The judge made the determination that this is where Cordillera’s past, present and future members are, so this where the case needs to be,” said Cheryl Foley, one of the lead plaintiffs in the class-action lawsuit against Wilhelm and the Wilhelm Family Partnership.
Campbell held a status conference Friday afternoon to figure out what he has in front of him.
“Everything filed in Delaware has to be moved here,” Foley said.
Wilhelm’s Cordillera Golf Club LLC filed for Chapter 11 bankruptcy protection last month in Delaware, where the company is chartered.
“The Delaware judge’s ruling was meant to create an opportunity for meaningful discussions toward resolution between the club ownership group and its adversaries,” said Chris Celentino, the bankruptcy attorney representing Cordillera Golf Club. “I think the impetus is to encourage the debtor’s adversaries to take a more positive view toward working with the club to reach a productive resolution.”
In a related criminal matter, District Court Judge Frederick W. Gannett postponed Friday’s contempt of court hearing against Wilhelm. The hearing is tentatively set for Aug. 6 to 8.
Celentino and others with Cordillera have said the litigation against Wilhelm stems from a small and vocal minority.
But according to court documents, 623 people are eligible to be part of the group suing Wilhelm; 610 are officially in, and 13 have opted out.
It was 609 until Thursday, when one more person joined the class-action lawsuit.
“That’s not my definition of a small group of people. Characterizing this as a small group of unhappy members is delusional,” Foley said.
The Delaware bankruptcy trustee appointed a committee representing the unsecured creditors. That committee includes six club members, Foley among them, and two people from trade organizations.
“The bank and debtor have agreed to an interim financing agreement to provide more time to work out a long-term solution that will enable the club to restore itself,” Celentino said.
Wilhelm and the Wilhelm Family Partnership filed bankruptcy the day a $12.7 million loan was due to Alpine Bank. The bank has agreed to extend credit through the summer.
The Wilhelms and some Cordillera Club members have been locked in litigation for more than a year.
Last spring, Wilhelm promised to open all four Cordillera golf courses but opened only the Valley course and laid off dozens of workers. Some of the members — now 610, to be exact — sued him in a class-action lawsuit saying opening only the one course violated the membership agreement.
Their lawsuit asks that the $8 million in 2011 dues be repaid and that all the membership deposits be refunded — that could total $108 million.
Wilhelm sued them for $96 million, claiming they were trying to drive him out so they could take over.
Kim and I participated in the Vail Valley Annual Highway Clean-up day last Saturday. What a great way to spend the morning. We joined the Prudential crew at mile market 156 just west of the Wolcott exit.
It was also a beautiful day. You really never know what you are going to find. Very few treasures but lots of bottles, cans, auto parts, and some unmentionables.
There is a party afterward where everyone shows off their most interesting finds. We came in second this year with our discovery you can see in the photo below.
It was a fun day spent with some great folks.