News Roundup: Working Together

  • It’s not looking good for Mt. Timothy, BC.
  • Two Aspen developers amend their plans to accommodate the new Lift 1 alignment.
  • Horseshoe Resort commits to replacing Chair 6 with a quad in 2019.
  • The Hermitage Club is still trying to ink a reopening deal with members and Oz Real Estate.
  • Powdr breaks ground on Woodward Park City, set to debut with a fixed-grip quad in November 2019.  No word yet on the manufacturer.
  • The Forest Service green lights Aspen Highlands’ Goldenhorn platter project.
  • Peak Resorts posts quarterly results: an $11.8 million net loss on $7 million in revenue as the company worked to build Hunter North and the Carinthia Lodge at Mt. Snow.  SKIS had $10.1 million in cash on hand as of July 31st with $180.6 million in debt.  CEO Tim Boyd says he’s still open to acquiring more mountains.
  • Disney will build and maintain a boat and dock specifically for Skyliner gondola evacuation purposes.
  • Hall double area Navarino Hills, Wisconsin closes for good.
  • With rumors swirling about its future, Black Mountain, NH clarifies it will open this winter.
  • Snow King’s gondola/expansion scoping is extended for the third time to October 4th.
  • A cabin is spotted in one of the Disney World gondola stations.
  • $51 million in new lifts are on track to spin for American Thanksgiving at Whistler Blackcomb.  Thanks Jordan N. for these photos.
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News Roundup: Gondolas on Gondolas

“Ever since the company went public in 2014 it has taken advantage of its improved access to capital to finance large infrastructure projects that may have led to growth in visitation and revenues, but haven’t resulted in better earnings or cash flows.”

News Roundup: One Billion

  • Despite competition from the Ikon and Epic passes, Peak Resorts reports sales of its Peak Passes are up 14 percent year over year through 4/30.
  • HTI, the parent company of Leitner, Poma, Aguido, MiniMetro, Prinoth and more reports it built 75 ropeways in 2017 and exceeded $1 billion in revenue.
  • The Hermitage Club opposes its primary lender’s motion to appoint a receiver and says it has found a financial firm willing to loan $26 million in restructuring capital.  A key court hearing is scheduled for one week from today.
  • TransLink’s ten year, $8.8 billion vision includes funding for Burnaby Mountain Gondola planning.
  • Gondola fever spreads in Edmonton.
  • A gondola is being looked at for Idaho Springs, Colorado along I-70.
  • SE Group and the White River National Forest test an interactive storyboard as a public engagement tool for Beaver Creek’s McCoy Park Expansion.  Comments are due May 29th and a decision is expected in September.
  • The Forest Service proposes quickly approving the replacement of Arizona Snowbowl’s Agassiz triple with a 6,100 foot combination lift utilizing gondola cabins between every three or four chairs.  Capacity would be only 1,200 passengers per hour.
  • Magic Mountain commits to finishing the Green lift and weighs the future of its nearby Pohlig-Hall-Yan contraption.

Hunter Mountain to Expand Northward with a Six-Pack

One of New York’s most popular resorts that hosts some 300,000 skiers annually confirmed today it will add a third detachable lift and five new trails in time for the 2018-19 season.  A 3,245-foot six-person chairlift (Hunter’s second) will service the Hunter North expansion between the front side and Hunter West, adding 25 percent more skiable terrain.  At 1,000 feet per minute, a ride up will take just 3.5 minutes.  A new parking area and access road will accompany the on mountain additions.  “The Hunter North expansion will provide our guests and Peak Pass passholders with an entirely new area to explore,” said Jesse Boyd, Senior VP of Operations of Peak Resorts in a press release. “The new entrance, arrival area and high-speed lift will provide guests with easy access to a new area of intermediate-level terrain that will dramatically broaden the variety of trails that Hunter has to offer.”

Peak Resorts, the publicly-traded parent company of Hunter and 13 other mountains in the east, says the expansion will cost around $9 million and add $1.5-2 million in incremental earnings annually.  All necessary approvals are in place and construction is set to begin this month.  No manufacturer was announced but the lift is likely to be built by Leitner-Poma as all of Hunter’s lifts were, save for one Hall.

News Roundup: Resources

  • Amid zip line dispute, Peak Resorts threatens to close Hidden Valley, remove five chairlifts and sell the land to a residential developer.
  • “I’m very confident we’re going to have new resources we haven’t had in previous years,” Steamboat COO says of Crown/KSL ownership.  Deer Valley President and COO Bob Wheaton makes similar comments in Park City.
  • Saddleback sale to Australian firm still hasn’t closed.
  • Bear Valley’s six-pack looks great in green and now has a name: Mokelumne Express.
  • Who says detachable terminals must be symmetrical?  Leitner experiments in Europe.
  • T-Bar area in Edmonton, Alberta shuts down.
  • At the end of a tough year, Granby Ranch goes up for sale.
  • New Heavenly trail map confirms Galaxy won’t spin again this season, leaving a big hole in Nevada.
  • Epic Passes account for 43 percent of Vail Resorts revenue.
  • New lifts at the Yellowstone Club get names: Eglise, Great Bear and Little Dipper.  A few hundred families now enjoy the 14th largest lift fleet in the country.

News Roundup: Oregon

News Roundup: Losses

  • Wire Austin gets some attention from folks who matter – the Central Texas Regional Mobility Authority.
  • Peak Resorts loses $7.9 million in the first quarter (it owns Alpine Valley, Attitash, Big Boulder, Boston Mills, Brandywine, Crotched Mountain, Hidden Valley, Hunter Mountain, Jack Frost, Mad River Mountain, Mt. Snow, Paoli Peaks, Snow Creek and Wildcat.)
  • The deropement and evacuation of the pulse gondola between the Aiguille du Midi and Pointe Helbronner makes CNN.
  • Austria’s Foreign Minister meets with former London Mayor Boris Johnson to talk Brexit.  The mayor says the Doppelmayr cowbell that came with the Emirates Air Line is one of his most prized possessions.
  • Federal receiver hopes to sell Jay Peak in the spring, says resort President Bill Stenger was duped.
  • Laurel Mountain’s new Skytrac is complete.
  • Maine’s Attorney General sues the owner of Big Squaw Mountain for not operating the ski area as promised.
  • Tamarack Homeowners meet to discuss the future of Idaho’s newest ski resort ahead of an October lift auction. Owner Credit Suisse and its operator Replay Resorts appear to be on the way out.
  • The owner of Montana Snowbowl tells the Missoulian he started construction on a new TV Mountain lift a few weeks ago and there’s a chance it will be completed in time for the coming winter season.
  • Preservation group calls abandoned mines in American Fork Canyon a “ticking time bomb,” calls on Snowbird to turn private land over to the Forest Service where the resort plans to build two new lifts.

News Roundup: Villages

News Roundup: Dramatic

News Roundup: Peak Pressure

  • Peak Resorts’ financial footing reportedly worsens amid staff layoffs, reduced operations and spending cuts.  The company owns 14 resorts across the Eastern U.S.
  • Leitner Ropeways celebrates 15 years of DirectDrive with 55 installations to date.
  • Poma has already delivered components for Zacatecas, Mexico’s new gondola but construction that was supposed to start in January has been delayed.
  • The 2002 Garaventa CTEC Chondola at Willamette Pass is still for sale along with the mountain’s Midway triple.  WP apparently can’t afford to maintain its only detachable lift and listed it for sale a year ago.
  • Le Relais also has 2 lifts newly listed (these are being removed to make way for a new six pack.)
  • LST signs La Plagne to launch the company’s first detachable lift next winter. MND Group CEO Xavier Gallot-Lavallee commented, “We are delighted to announce the initial commercial success of our brand new range of detachable chairlifts. The new contract signed with SAP, a subsidiary of leading ski resort operator Compagnie des Alpes, confirms the benefits of the innovative technology that we have developed and positions MND as a leading market player.”
LST chair
LST will debut unique new detachable chairs and terminals for a new six-pack chairlift in La Plagne.