When Vail Resorts unveiled its $150 million 2018 spending plan in December, it included seven new lifts in Australia, British Columbia, Nevada and Utah. Notably, none were earmarked for Colorado, where the company operates four of the largest resorts in the state with nearly 80 lifts between them. We learned on Thursday Vail Resorts’ North American skier visits were down 1.9 percent this season through April 15th but lift ticket revenue increased 3.7 percent, keeping MTN on solid financial footing. Commenting on the season, CEO Rob Katz told investors, “We are pleased with our results as the 2017/2018 ski season concludes, particularly considering the historically low snowfall across our western U.S. resorts for much of the ski season. Our results throughout the 2017/2018 ski season highlight the stability provided by our season pass, the benefit of our geographic diversification and the success of our sophisticated, data-driven marketing efforts.”
Now the mothership – Vail Mountain – could be getting in on the new lift action as neighbors Arapahoe Basin, Copper Mountain, Loveland and Winter Park do the same this summer. A Vail Resort Summer 2018 Construction project page posted Thursday on the White River National Forest website notes that Game Creek #7 is proposed to be upgraded. While there are no supporting documents yet and the project is listed as “developing proposal,” recent history would indicate the 1985 high-speed quad will be replaced with a new detachable quad or six place chairlift. Vail has already added ten new lifts in the past eleven years and three of the most recent were of the six variety from both Doppelmayr and Leitner-Poma. Vail has made no formal announcement but the Forest Service expects to conduct public scoping in May followed by a decision in June.