News Roundup: Skytrac Upgrades

  • New Zealand and Victoria, Australia resorts reopen after extended Covid closures (New South Wales remains locked down.)
  • Mt. Spokane will replace the drive terminal of Chair 2 with a new one from Skytrac.
  • Skytrac is completing similar mods to Tumbelina at Monarch Mountain.
  • The fate of the Pandora’s expansion on Aspen Mountain will be decided October 13th.
  • Sierra at Tahoe still doesn’t know the full extent of lift damage from the Caldor Fire but remains optimistic.
  • Users get stuck on one of Mexico City’s new gondola lines following an earthquake.
  • The Holding family agrees to sell most of Sinclair Oil Corporation’s assets, though Sun Valley and Snowbasin aren’t included.
  • The Forest Service issues a Draft Environmental Impact Statement for Lutsen Mountains’ proposed expansion with public comments being solicited through October 25th. A new alternative would see the addition of five new chairlifts on Moose and Eagle Mountains rather than the initially planned seven.
  • The only lift in Oklahoma won’t open for the second year in a row and is in danger of removal.
  • Schweitzer adds 14 chairs to Stella.
  • A quick update from Snow King Mountain:

News Roundup: Firm Orders

News Roundup: Breaking Ground

Vail Resorts to Debut Seven New Lifts in 2021

Despite a 44 percent decline in earnings, Vail Resorts plans to invest in new lifts across five mountains in 2021.  The seven projects at Beaver Creek, Breckenridge, Crested Butte, Keystone and Okemo were initially planned for 2020 but postponed due to the coronavirus pandemic. “We remain committed to reinvesting in our resorts and creating an experience of a lifetime for our guests,” noted CEO Rob Katz. “We plan to maintain a disciplined approach to capital investments, keeping our core capital at reduced levels given the continued uncertainty due to COVID-19.” The company will announce its complete capital plan for calendar year 2021 in March.

At Beaver Creek, a new Doppelmayr detachable quad will service the high alpine McCoy Park learning zone.  “This new lift accessed beginner and intermediate bowl experience is a rare opportunity to expand with highly accessible terrain in one of the most idyllic settings in Colorado and will further differentiate the high-end, family focused experience at Beaver Creek,” said the company. A second quad chair will provide egress to the top of the Strawberry Park and Upper Beaver Creek Mountain Express lifts.

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The Peru Express, dating to 1990, will be replaced with a higher capacity lift.

At Keystone, Leitner-Poma will replace the Peru Express with a six pack.  The new machine will increase out-of-base capacity and improve circulation.  Also in Summit County, a new detachable quad on Breckenridge’s Peak 7 will enhance uphill capacity near the Independence SuperChair.  “This additional lift will further enhance the guest experience at the most visited resort in the U.S. and will significantly increase guest access and circulation for the intermediate terrain on Peaks 6 and 7,” said Vail.

Crested Butte plans to replace the two-person Peachtree chairlift with a Skytrac triple servicing beginner terrain at the base of the resort. Grading around the new lift will create a more consistent experience for beginner and ski school guests.

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News Roundup: Going Virtual

Vail Resorts Cancels All 2020 Lift Construction

Ski industry fallout from the global pandemic continues.  Vail Resorts today announced the deferral of lift construction projects slated for Beaver Creek, Breckenridge, Keystone and Okemo due to a dramatic decline in revenue, which is expected to continue into fiscal year 2021.  The suite of projects was first announced last December, the same month COVID-19 first appeared in Wuhan, China.  While the virus spread across Asia, lift manufacturers were gearing up to build lifts that now won’t happen this year.  Beaver Creek had planned a major expansion into McCoy Park and Okemo earmarked a new bubble six pack for Jackson Gore.  Both Breckenridge and Keystone planned new chairlifts to increase uphill capacity in high traffic areas.

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McCoy Park, Beaver Creek’s deferred terrain expansion, would include two new lifts and 15 trails.

Vail said weeks ago coronavirus will cost the company between $180 and 200 million in March and April alone.  Eliminating lift construction, terrain expansions and discretionary base area improvements will save the publicly-traded company $80 to 85 million while allowing the vast majority of maintenance capital projects to proceed.  “The circumstances surrounding COVID-19 are unprecedented and the financial impact to our Company and the broader travel industry has been significant,” noted Rob Katz, Chief Executive Officer of Vail Resorts.  “We are taking proactive steps to align our capital spending and return of capital approach to ensure that we remain positioned for long-term success.”  Other steps revealed today include the furlough of nearly all year-round hourly employees, suspension of the company’s shareholder dividend, salary reductions for non-hourly employees and elimination of cash compensation for the CEO and board of directors.

The decision to postpone lifts is a blow to both major lift manufacturers but particularly Leitner-Poma, which like Vail itself, is Colorado-based.  The firm had been awarded contracts to build three detachable chairlifts and move another this summer.  Doppelmayr USA had planned to install the two machines at Beaver Creek.

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The second largest Vail project this summer was to be replacement of Quantum Four at Okemo with a larger bubble lift.  The existing quad was slated to move over to Green Ridge.

As goes Vail, often go others.  While I’m hopeful some lifts (and the jobs that come with them) are safe, more deferrals are possible.  Rival Alterra Mountain Company planned to add only two lifts this year, both six place chairlifts at Mammoth Mountain.  The privately-held group has not announced any changes to its capital plan thus far.  In tough times, every company is understandably revisiting capital budgets and commitments, however.

The sudden onset of such deep uncertainty in this critical period of the lift production cycle is unprecedented.  With the elimination of Vail Resorts projects for 2020, announced US and Canada complete new lifts stand at 24, fewer than Doppelmayr built by itself last year.

Vail to Build New Lifts at Four Resorts in 2020

Beaver Creek, Breckenridge, Keystone and Okemo will all add new lifts next year in a mix of expansions and replacements.  Parent company Vail Resorts made the project announcements alongside a quarterly earnings report this afternoon.  “We remain committed to reinvesting in our resorts, creating an experience of a lifetime for our guests and generating strong returns for our shareholders,” said Vail Chairman and CEO Rob Katz.

At Beaver Creek, a new detachable quad will service the high alpine McCoy Park learning zone.  “This new lift accessed beginner and intermediate bowl experience is a rare opportunity to expand with highly accessible terrain in one of the most idyllic settings in Colorado and will further differentiate the high-end, family focused experience at Beaver Creek,” said the company.  A second quad chair will provide egress to the top of the Strawberry and Upper Beaver Creek Mountain Express lifts.

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The Peru Express opened in 1990 and will be supplanted by a higher capacity lift.

At Keystone, the Peru Express will be replaced by a six pack subject to government approval.  The new machine will increase out-of-base capacity and improve overall circulation.  Also in Summit County, a new detachable quad on Breckenridge’s Peak 7 will enhance uphill capacity near the Independence SuperChair.  “This additional lift will further enhance the guest experience at the most visited resort in the U.S. and will significantly increase guest access and circulation for the intermediate terrain on Peaks 6 and 7,” said Vail.

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McCoy Park is a Go for 2020-21 at Beaver Creek

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Beaver Creek will expand by 250 acres with a new detachable quad for the 2020-21 ski season, the resort has confirmed.  The expansion will feature 17 “groomable glades” for guests seeking low angle adventure at high elevation.  “McCoy Park is a separate, family-friendly zone allowing for a more relaxed experience for beginner families,” Vail Resorts notes, describing the terrain as “welcoming for beginner and intermediate skiers to connect and elevate their mountain experience.”  The new runs will be accessible from the existing Larkspur, Strawberry Park and Upper Beaver Creek Mountain Express lifts.

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Transporting 2,400 skiers per hour, the high speed McCoy Park Express will span approximately 5,900 feet in length with a vertical rise of 840′.  A manufacturer was not announced but Doppelmayr has built every new lift at Beaver Creek since 2003.  The McCoy Park expansion was first proposed in late 2017 and green lighted by the Forest Service last November.  A second lift for egress from McCoy Park was also approved but is not yet slated for construction.

News Roundup: Privatization

News Roundup: Heavy Snow