by Associated Press Published: March 2,2012
Tags: skiing, snow reports, Tourism, Vail
Ever wonder how a ski resort can report a foot of new snow while the weather service reports only a few inches? Vail Resorts says snow reporting is an inexact science after it was forced to retract its report of a foot of snow on Feb. 23 and change it to 2 inches. The resort [...] [...]
by Associated Press Published: February 22,2012
Tags: Kirkwood Mountain Resort, purchase, Vail
Vail Resorts has agreed to buy Kirkwood Mountain Resort at Lake Tahoe, Calif., for about $18 million. The deal includes residential and commercial property at the base. Kirkwood will continue to be involved in the property development. If the deal goes through, Vail Resorts would operate three world-class mountain resorts in the Lake Tahoe region, [...] [...]
by Associated Press Published: June 7,2011
Tags: Denver, newspapers, Vail
The publisher of two Colorado newspapers says the papers are ceasing publication. Former Vail Daily owner Jim Pavelich says the Vail Mountaineer and the Denver Daily News are victims of the recession. Pavelich and Associate Publisher Erinn Hoban-Chavez began publishing the Mountaineer in June 2008. The newspaper was published six days a week, Tuesday through [...] [...]
by Associated Press Published: April 29,2011
Tags: Avon, Ritz-Carlton, Vail
The Vail Daily reports that public records show the Ritz-Carlton Bachelor Gulch in Avon is in foreclosure. The newspaper says Eagle County records show the luxury hotel’s owner owes Lehman Brothers $61 million, which could make it the largest foreclosure in the county’s history. Miami-based Gencom, the owner, has 27 hotels and properties across the [...] [...]
by Associated Press Published: January 10,2011
Tags: Beaver Creek, Broomfield, Keystone, skiiing, snow, Vail
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 [...] [...]
Starting this winter, Vail Resorts will require all employees and children younger than 12 who participate in resort lessons to wear helmets while skiing. Vail Resorts include Vail, Beaver Creek, Breckenridge, Keystone and Heavenly. Helmets will be provided to every employee as part of the standard uniform, and helmets will be part of children’s [...] [...]
by Amy Gillentine Published: March 12,2009
Tags: salary cuts, ski, Tourism, Vail
Vail Resorts’ CEO will forego pay for a year and the resort will cut wages to save jobs and more than $10 million a year, executives announcedyesterday. CEO Rob Katz will not take any salary for a year and then take 15-percent pay cut the following year. He also will not participate in any stock [...] [...]
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