New investments in Whistler Blackcomb to enhance the guest experience will be ready for the 2018-19 ski season

Whistler- The effect that looks like a sea of clouds- Photo by Paul Morrison - Whistler Blackcomb - Vail Resorts. New investments in Whistler Blackcomb to enhance the guest experience will be ready for the 2018-19 ski season
  • Whistler Blackomb, owned by Vail Resorts, has invested CAD66 million (USD 52 million) at Whistler Blackcomb, including a new gondola-to-gondola-to-gondola connection.
  • This historic investment accelerates the Renaissance plan’s mountain improvements, with a focus on the heart of the resort, and defers consideration of new water park

Vail Resorts, Inc. (NYSE: MTN) announced last year that the historic investment of CAD$66 million (USD$52 million) at Whistler Blackcomb for the 2018-19 season which focused on three new lifts at the heart of the resort. This transformative investment featured the addition of a new gondola on the Blackcomb side of the mountain, as well as several other lift infrastructure upgrades, providing quicker, easier access to all levels of terrain. The plan also represented the largest single-year capital investment program in the resort’s history, and the Company’s decision to accelerate the mountain improvements included in the Renaissance plan, while deferring consideration of the new water park.

A family uses the Peak to Peak Gondola in Whistler Blackcomb. Photo by John Entwistle- Whistler Blackcomb- Vail Resorts. New investments in Whistler Blackcomb to enhance the guest experience will be ready for the 2018-19 ski season
A family uses the Peak to Peak Gondola in Whistler Blackcomb. Photo by John Entwistle- Whistler Blackcomb- Vail Resorts. New investments in Whistler Blackcomb to enhance the guest experience will be ready for the 2018-19 ski season

A new 10-passenger gondola is replacing the Wizard and Solar chairlifts and ascend from the base to the top of Blackcomb Mountain, terminating adjacent to the existing PEAK 2 PEAK Gondola, which transports guests to and from Blackcomb and Whistler. Upon completion for the start of the season, the new gondola will offer guests a more comfortable and weather-protected experience in the first three-gondola connection in the world, enhancing the longest continuous lift system. The new gondola is expected to represent a 47-percent capacity increase and move 4,000 people per hour, the highest capacity in North America.

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Alterra Mountain Company unveils long-term capital investment plan to improve guest experience amongst its resorts, including one new Gondola and three new chairlifts.

Winter Park Gondola - Cfrey- Photo courtesy of Alterra Mountain Co. Alterra Mountain Company Announces $181 Million in Capital Improvements for the 2019/2020 Winter Season.

$555 Million Budgeted at 12 Mountain Destinations Over the Next Five Years
$130 Million Budgeted for 2018/2019 Including New Gondola and Three New Chairlifts

Alterra Mountain Company reinforces its commitment to growth and investment in its family of 12 mountain destinations by announcing its initial capital improvements, with an investment plan totalling more than half a billion dollars over the next five years, spending $130 million for winter 2018/2019.

Alterra Mountain Company, created in 2017, is comprised of 12 mountain destinations spread throughout five states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Deer Valley Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.



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