News Roundup: Shovel Ready

  • Lift construction resumes in New Zealand, where resorts are optimistic they can open next month with social distancing.
  • The Forest Service commences scoping for Lutsen Mountains’ big expansion, which would include seven new chairlifts.
  • You can also submit comments on Keystone’s Bergman Bowl project starting today.
  • The State of New York partners with Skytrac and Leitner-Poma for three fixed grip quads – two for Gore and one at Whiteface.
  • Vail Resorts provides last season’s Epic Pass holders with 20-80 percent credits and introduces free refund coverage for next winter.
  • Silver Mountain joins the Powder Alliance, Schweitzer exits.
  • Vail Resorts says goodbye to many Peak Resorts employees as planned before COVID-19.
  • The Burnaby Mountain Gondola project could benefit from an infrastructure push in Canada.
  • Wolf Creek planned to reopen this weekend but an executive order late last night extended the closure of Colorado ski areas through May 23rd.
  • Valemount, BC considers building a community ski hill.
  • I’m not an accountant but I think this filing reveals Vail Resorts has agreed with creditors not to make capital improvements of more than $200 million per year or undertake any mergers/acquisitions through January 2022.
  • Vail is also borrowing $600 million through the sale of bonds.