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Ski analysts worried about recession

Western ski industry analysts say they’re worried the recession with hurt this year’s ski season. Industry analyst Ralf Garrison says consumers don’t like economic uncertainty and they’re less likely to spend money on vacations. Vail Resorts analyst Will Marks of JMP Securities says revenue projections are positive because of new amenities at the company’s resorts,… Continue Reading Ski analysts worried about recession

Vail Resorts says lift ticket revenue, skier visits and spending at its six resorts are up so far this ski season. The Broomfield, Colo.-based company acquired Northstar-at-Tahoe in October and also owns Heavenly in the Lake Tahoe area, plus Vail, Beaver Creek, Breckenridge and Keystone in Colorado. It says that through Thursday, skier visits were… Continue Reading Vail Resorts reports early-season jumps in revenue

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Vail, Beaver Creek lift tickets cross $100 mark

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Ski lift tickets have crossed the $100 mark at Vail Mountain and Beaver Creek. The websites for both resorts say a single-day lift ticket at the ticket window is $102 through Dec. 25. That rises to $108 from Dec. 26-Dec. 31 before falling back to $102 for the first two weeks of January. The Aspen… Continue Reading Vail, Beaver Creek lift tickets cross $100 mark

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Ski resorts across the state are beginning to open for the season, and early snowfall in the mountains has those in the winter sports industry poised for a better-than-average year. Last year, despite a sputtering economy, the ski industry nationwide posted its second-best year on record, with 59.8 million skier and snowboarder visits. Colorado was… Continue Reading Early snowfall, resort upgrades stoking ski industry optimism

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Loveland Ski Area waiting to making snow

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While cities along Colorado’s Front Range are experiencing record-high temperatures, a ski area about 50 miles to the west is trying to bring on winter. The Loveland Ski Area says it saw the first snowfall of the season last week. Ski area employees tell the Summit Daily News that they took advantage of the cold… Continue Reading Loveland Ski Area waiting to making snow

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Copper Mountain ski resort sold

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Intrawest ULC has agreed to sell its Copper Mountain ski resort in Colorado to Powdr Corp.
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