Category: Resorts’ investment

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Snowpine Lodge Set to Open January 30, 2019

Snowpine Lodge Final Render. Credit: Snowpine Lodge. Snowpine Lodge Set to Open January 30, 2019.

Snowpine Lodge Set to Open January 30, 2019.

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A major overhaul comes to Alta with the opening of the Snowpine Lodge, the first ski-in/ski-out Luxury Resort in this famous ski area in Utah.

The long-awaited opening of Snowpine Lodge in Alta, Utah is slated for January 30, 2019. The new resort, timed with the simultaneous opening of the adjacent Snowpine ski lift, will up the ante as the first ski-in/ski-out luxury resort in the historic town, known for its laid-back style, rugged terrain and abundant supply of annual powder snow.

Swen's Rendering. Credit: Snowpine Lodge. Snowpine Lodge Set to Open January 30, 2019.
Swen’s Rendering. Credit: Snowpine Lodge. Snowpine Lodge Set to Open January 30, 2019.

Alta is set within the Wasatch Mountain Range, less than 40 minutes from Salt Lake City International Airport in Utah. It is known for its backcountry landscape, two mountain resorts including Alta Ski Area and Snowbird, as well as a bountiful supply of annual powder snow. Although the city was incorporated in 1970, it has lured visitors since the Silver rush in the 1800’s. Alta become a ski destination in 1938 when its first lift opened. Today, Alta remains an important piece in the development of skiing in Utah. Come the summer months, Alta’s fields flourish with wildflowers and bright blue skies. Visitors can fly-fish, mountain bike, hike and more while enjoying the scenic and diverse terrain.

Snowpine Lodge will be resurrected at the site of the original 1941 Snowpine Lodge and the site of the oldest building in Little Cottonwood Canyon dating back to the Silver rush of the 1800’s. Completely restored from the ground up, the new resort will boast 77 total accommodations including 58 rooms and suites and 19 traditional dorm-style bunk rooms. Premium Rooms include balconies with breathtaking views of the surrounding canyon, while all rooms feature premium bedding, flat-screen TVs, complimentary Wi-Fi, slippers and robes, mini-bar, safe and more.

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Killington will replace the North Ridge Triple Lift with a Quad Chairlift

Killington ski map. Killington will replace the North Ridge Triple Lift with a Quad Chairlift.

Killington will replace its North Ridge Triple Lift with a Quad Chairlift. They have filed paperwork with the state to replace the vintage upper mountain lift.

News from New England Ski Industry.

Killington will continue its activity of lift projects this summer, as the resort has filed with the State of Vermont a project to replace the North Ridge Triple Chairlift. This will result as per the Act 250 filed made public this week, in a Leitner Poma fixed grip quad chairlift installed along the existing line. A draft permit has been generated by the state.

Killington will replace the North Ridge Triple Lift with a Quad Chairlift.
Killington will replace the North Ridge Triple Lift with a Quad Chairlift.

The Triple North Ridge Chair was installed by Heron-Poma in 1972, with 587 feet climb in vertical drop over a run of 2,290 feet. The oldest lift in Killington, the North Ridge, is typically the first chair to open in New England’s ski season each year. But because of its high elevation, the lift construction season may be limited due to environmental issues.

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Crested Butte Mountain Resort Announces Plans to Replace the Teocalli Lift for the 2019-20 Winter Season

Crested Butte Mountain Resort- Vanderlinden. Crested Butte Mountain Resort Announces Plans to Replace the Teocalli Lift for the 2019-20 Winter Season.

Crested Butte Mountain Resort Announces Plans to Replace the Teocalli Lift for the 2019-20 Winter Season

  • Pending U.S. Forest Service approvals, the Teocalli Lift realignment and replacement will include a new fixed-grip quad chairlift increasing uphill capacity by 50 percent.

Crested Butte Mountain Resort (CBMR) is excited to announce plans to replace the Teocalli Lift – a 1979 Riblet fixed-grip double chairlift – for the 2019-20 winter season, pending approval by the U.S. Forest Service. If approved, the new Teocalli Lift would be upgraded to a fixed-grip quad chairlift, increasing uphill capacity by 50 percent.

Crested Butte Mountain Resort. Photo: Trent Bona. Crested Butte Mountain Resort Announces Plans to Replace the Teocalli Lift for the 2019-20 Winter Season.
Crested Butte Mountain Resort. Photo: Trent Bona. Crested Butte Mountain Resort Announces Plans to Replace the Teocalli Lift for the 2019-20 Winter Season.

The proposed realignment and installation of the new lift would take place following the close of the 2018-19 winter season. Plans to realign the Teocalli Lift would shift the upper terminal closer to the top of the Red Lady Express; the lower terminal would remain in the existing location at the intersection of the Bushwacker, Gunsight Pass and Upper Conundrum trails.

The Teocalli Lift replacement would improve the on-mountain guest experience at CBMR by providing increased uphill capacity, a secondary egress to the base area from the Paradise Warming House and quick access to beginner and intermediate terrain.

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Skeetawk ski area gets funding for first ski lift

Hatcher Pass in Winter, where Skeetawk resort will be developed. Skeetawk ski area gets funding for first ski lift.

The Skeetawk ski area located in the Hatcher Pass will get funding for its first ski lift. The Skeetawk is a great area now for sledding but by Christmas next year it will have a downhill slope served by a lift.

The name Skeetawek is a phonetic spel of a Dena’ina word – Shk’ituk’t that means ‘where we slide down’ as per Louisa Branchflower, board president for Hatcher Alpine Xperience (HAX).

Amy O’Connor, the Executive Director of the non-profit group HAX in charge of building the Valley’s first downhill resort in the Mat-Su said that it will be a 1,200-foot triple chairlift with a 300+ foot of vertical drop.

Partnering with groups such as Rasmuson Foundation and the Mat-Su Health Foundation and thanks to also some private donations, HAX has got the $1.2 million it needs to purchase its first ski lift that will be put up in the next summer. The group will need $750,000 to cover installation costs.

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World’s Most Technologically-Advanced Chairlift Debuted at Big Sky Resort

Big Sky Montana photo. World’s Most Technologically-Advanced Chairlift Debuted at Big Sky Resort.

The world’s most technologically-advanced chairlift has debuted this past weekend at Big Sky Resort in Montana, USA.

On Saturday 15th, at approximately 10:30 a.m., Ramcharger 8, the first eight-seat chairlift in North America and the most technologically-advanced chairlift in the world, debuted at Big Sky Resort. “The upgrades unveiled today at Big Sky Resort mark a new age of lift technology in major zones of the mountain,” says Taylor Middleton, president and general manager of Big Sky Resort. Shedhorn 4, a new high-speed quad on the south face of the mountain, will also debut next week.

Big Sky Montana photo. World’s Most Technologically-Advanced Chairlift Debuted at Big Sky Resort.
Big Sky Montana photo. World’s Most Technologically-Advanced Chairlift Debuted at Big Sky Resort.

A HISTORY OF FIRSTS

“Doppelmayr and Boyne Resorts have been collaborating for over 40 years, and together have introduced many firsts to the ski industry,” says Stephen Kircher, president, Boyne Resorts. Boyne Resorts’ history of innovation in the ski industry includes introducing the world’s first triple and quad chairlifts and America’s first high-speed six-place chairlift. Ramcharger 8’s installation marks the fifth historic chairlift upgrade for Boyne Resorts. “We are incredibly proud to bring the first eight-seat chairlift to North America, setting a new standard for lift technology in the world,” says Kircher.

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What is new at La Plagne for the 2018 – 19 ski-season.

What is new at La Plagne for this coming season? La Plagne is getting ready for the 2018 – 19 ski season. Here we have a summary of what you can look for when going to La Plagne next!

Bains & Spa La Plagne

Deep Nature is opening a new 1500 m2 spa for guests of all ages in the centre of Belle Plagne. With its superb view of the mountains, it offers three different areas with a space for kids to try their first- of many, spa experiences.

La Plagne - The Vanoise Express links the 2 Massifs in a mere 4 minutes! What is new at La Plagne for the 2018 – 19 ski-season.
La Plagne – The Vanoise Express links the 2 Massifs in a mere 4 minutes! What is new at La Plagne for the 2018 – 19 ski-season.

H036 Hostels

A new hotel concept has arrived in La Plagne! The h036 in Plagne Centre will revolutionise the whole concept of room and board with this new hostel in La PLagne, a 21st century combination of a hotel and a guest house. This will be an atypical location with stylish decoration and a relaxed atmosphere where everyone will get together on the large living room, the bar or the restaurant.

This is a great value for money option where you can get lots of interactions. There are some individual and shared rooms with a range of possibilities for all budgets and lifestyles.

More info: www.h036hostels.com

La Plagne, Paradiski. What is new at La Plagne for the 2018 – 19 ski-season.
La Plagne, Paradiski. What is new at La Plagne for the 2018 – 19 ski-season.

A new look for Plagne Centre

After fully renovating its shopping gallery, now is the turn to get a new look for the entrance to Plagne Centre in order to improved guests’ reception and comfort. Place Albert Perrière is to become an animated ‘village square’ offering a dynamic and multi-service activity centre. There will be a covered bus station, the tourist office reception, a bar with panoramic views of the Mont Blanc, a 4-lane bowling alley, a natural skating rink in the winter and a Heritage and Mountain Mining exhibition room.

It took an investment of 8 Million Euros.

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Peak Resorts Completes Acquisition of Snow Time

Roundtop Mountain Resort in a blue sky day. Peak Resorts Completes Acquisition of Snow Time.

Peak Resorts completes the acquisition of Snow Time. It adds three popular Pennsylvania resorts to growing Northeast portfolio

Snow Time Season Pass Upgrade Results Demonstrate the Strong Appeal of the Unlimited Peak Pass

Tubing down the slopes. Peak Resorts Completes Acquisition of Snow Time. Peak Resorts photo.
Tubing down the slopes. Peak Resorts Completes Acquisition of Snow Time. Peak Resorts photo.

Peak Resorts, Inc. (NASDAQ:SKIS) (“Peak” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, announced today that it has completed its previously announced acquisition of Snow Time, Inc. (“Snow Time”). Pursuant to the terms of the transaction, Peak Resorts paid approximately $70 million in cash consideration to Snow Time and issued approximately 1.18 million shares of its common stock to Snow Time’s shareholders at a price of $5.07 per share, for total consideration of approximately $76.0 million. Financing for the cash portion of the purchase price consists of: a $50 million, two-year senior secured term loan from CAP 1 LLC, which will accrue interest at an annual rate of 6.95% and carry no prepayment penalty; and $20 million in proceeds from the sale of 20,000 shares of Series A cumulative convertible preferred stock and issuance of accompanying warrants to CAP 1 LLC pursuant to an existing securities purchase agreement.

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Resort Industry Veterans get together to acquire Idaho’s Tamarack Resort.

Tamarack Resort. Resort Industry Veterans get together to acquire Idaho’s Tamarack Resort.

A group of Resort Industry Veterans are to get together to acquire Idaho’s Tamarack Resort. Tamarack Resort Holdings to invest immediately to complete Village Plaza.

Tamarack Resort Holdings (“TRH”), a partnership of investors and managers with decades of development and operations experience at premier resort properties across North America, has entered into an agreement to purchase all of the Tamarack Resort operations and key assets in Donnelly, Idaho.

The announcement follows the State Board of Land Commissioners’ approval this morning to transfer the state lands lease to TRH for continued mountain operations. TRH is purchasing all key assets necessary to operate the resort now and accommodate future expansion plans, including property on mountain, ski lifts and operations equipment, lodge amenities, lodging operations, the telecommunications utility, declarant rights, lake front equipment, sewer and water bonds, a portion of the golf course and the unfinished Village Plaza.

Resort Industry Veterans get together to acquire Idaho’s Tamarack Resort.
Resort Industry Veterans get together to acquire Idaho’s Tamarack Resort.

TRH is also purchasing other private real estate assets and parcels and is taking over the lease to operate The Arling Center event venue. The transactions will close Nov. 30, 2018. “We have been evaluating and working on this agreement for nearly two years to truly understand the history and complexities of the resort. The partnership strongly believes Tamarack has a tremendous opportunity to thrive as a four-season destination of choice for Idahoans and visitors from across North America,” said TRH President Jon Reveal. “Our team looks forward to proving our commitment to Tamarack, Valley County residents, Idahoans and all our guests through investment, completion of unfinished projects and improved resort amenities and offerings.”

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Cortina d’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships

Having an outdoor evening time in Cortina D'Ampezzo. Photo www.bandion.it - Cortina Marketing. Cortina D’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships.

Cortina d’Ampezzo is gearing up and getting ready for a great winter season and for the 2021 Ski World Championships.

The ski pistes of the Tofana Area, where the Ski World Championships will be held are being improved for the ski season: the Olympia and Vertigina pistes have been enlarged and slightly modified in their slope and bends to respond to requirements for the World championships.

Wherever you look at, the views are amazing in Cortina D'Ampezzo. Cortina D’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships. Photo: www.bandion.it - Cortina Marketing.
Wherever you look at, the views are amazing in Cortina d’Ampezzo. Cortina d’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships. Photo: www.bandion.it – Cortina Marketing.

Snowmaking facilities are being upgraded, three tunnels were dug to enhance the access to the slopes, and work to prepare the finish area of the Rumerio is ongoing. These improvements will be completed prior to the 2019 Female Ski World Cup (19th-20th January) and will provide world class slopes to Cortina’s guests for the rest of the season.

The Tofana-Freccia nel Cielo cable car has reached its 50th year anniversary. On this occasion, the lift managing company presented a project to renew the first stretch of the cable car, from the centre of Cortina to Col Druscié, venue of the slalom competitions in 2021. The project includes the substitution of the current 70 cable cars with a new lift with 10-seat gondolas, increasing the transport capacity from 700 to 1800 skiers per hour. With a new intermediate stop at Colfiere, the gondolas will also substitute the current chairlift serving the A and B pistes of Col Druscié.

Cortina da Cojana. Photo: Cortina Marketing. Cortina D’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships.
Cortina da Cojana. Photo: Cortina Marketing. Cortina d’Ampezzo is gearing up for a great winter season and the 2021 Ski World Championships.

Considering the upcoming start of the work for the new road of the Col Druscié and Rumerio areas, the gondolas will also serve as a convenient and environmentally friendly way to reach the Finish Area of the Ski World Cup and 2021 Ski World Championships.

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So you think that Jackson Hole is only for Extreme Skiers? Think again!

So you think that Jackson Hole is a haven for Extreme skiers only? That you need to be able to dive into the Corbet’s Couloir to say you’ve been there/done that?

This season Jackson Hole Mountain Resort is looking forward to open its 53rd ski season on November 22nd for holiday sightseeing rides on the Aerial Tram and then for skiing on the Saturday, November 24th. But this year, Jackson Hole has enhanced the mountain to make it more ‘family friendly’.

Jackson Hole is renowned for its amazing landscape. Photo: Jackson Hole Mountain Resort. You think Jackson Hole is only for Extreme Skiers? Think again. Also a haven for beginners now.
Jackson Hole is renowned for its amazing landscape. Photo: Jackson Hole Mountain Resort. You think Jackson Hole is only for Extreme Skiers? Think again. Also a haven for beginners now.

NEW! Solitude Station 

Solitude Station was thought and then built in Jackson Hole to create an easier skier progression and family experience. Dedicated entirely to kids and adults learning, this vast complex is accessed via a quick two-minute gondola ride from the base area.

Continue reading “So you think that Jackson Hole is only for Extreme Skiers? Think again!”