- Skier visits at Vail Resorts are down 7.8 percent for the season through January 5th, attributed to slow starts at Whistler Blackcomb and Stevens Pass.
- Agassiz at Arizona Snowbowl was evacuated over MLK weekend and remains down.
- Visits and revenue continue to decline at the publicly-owned mountain in Newfoundland called Marble Mountain.
- It takes a ton of work to reopen lifts, particularly detachable ones, at Mt. Snow after an ice storm.
- By building a T-Bar instead of a chairlift, Ski Cooper was able to implement a major expansion this season for around $2 million.
- Mont St. Mathieu opens another $2 million T-Bar expansion, noting a chairlift would have cost more and moved skiers less quickly.
- The Snowpark expansion at Montana Snowbowl is a hit and LaValle is back open.
- Software problems lead to the closure of the new Morning Star Express at Bogus Basin (now back open.)
- BC’s Jumbo Glacier becomes an indigenous protected area, ending plans for a new ski resort there.
- Vail Resorts will pay out $200 bonuses to employees who refer new applicants to become lift operators at 14 resorts.
- The State of Illinois shuts down a ski resort, alleging required inspections weren’t completed prior to opening. In a statement, Snowstar apologizes to season passholders and says an inspector failed to show up. At least one lift will reopen today.
- Parks Canada axes plans for a Mt. Norquay gondola.
- Josh Elliott, the teen who jumped after becoming stranded on a Sugar Mountain chairlift in 2016, tells his harrowing story on the Outside podcast.
- Mt. Jefferson, Maine won’t open this season.
- New York State plans to spend $147 million to improve its ski areas.
- Bromont ropes down more than 200 people from the Express du Village, some after being stuck four and a half hours.
- Edmonton releases the preliminary economic and technical assessment for the Prairie Sky urban gondola.
- Siemens highlights a design software partnership with Doppelmayr.
Vail Resorts
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.
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.
News Roundup: Glass Floors
- Mt. Snow ropes 190 people off Challenger on opening weekend.
- Doppelmayr introduces a new RPD system called Nexo.
- Cooper’s Tennessee Creek Basin expansion enters the final stretch.
- The only gondola in Illinois carried 6,000 riders in its first few weeks.
- The Epcot line of the Disney Skyliner experiences some downtime.
- Chair 4 at Cuchara is fired up as a test after almost 20 years idle.
- A two stage gondola is floated to connect Park City’s Kimball Junction commercial district to Utah Olympic Park.
- Aspen will look at building a gondola from airport to town.
- Completion of West Mountain’s new Partek triple caps the $17 million redevelopment of a place which was bankrupt seven years ago.
- Green Mountain Valley School receives approval for T-Bar construction next summer at Sugarbush.
- The State of New York plans to spend $2.4 million on new cabins and other upgrades to the Cloudsplitter Gondola at Whiteface.
- Boyne Resorts President and CEO Stephen Kircher discusses lots of exciting possibilities: a 9th peak at Sunday River, additional eight place chairlifts at key locations, more projects at Big Sky and a lift realignment at Sugarloaf.
- Vail Resorts sends layoff notices to numerous Peak Resorts staffers.
- Steamboat’s new and improved gondola opens tomorrow.
- Towers are up for the Hard Rock Stadium gondola, which will feature glass floors.
News Roundup: A Late Addition
- Big Sky’s two new lodging access lifts are on the map, bringing The Biggest Skiing in America to 37 lifts.
- Sasquatch Mountain Resort needs help naming its shiny new Leitner-Poma quad chair.
- Mont St. Mathieu will expand with a 3,100 foot Doppelmayr surface lift set for commissioning in January 2020.
- The Sea to Sky Gondola confirms 9 cabins were undamaged in the August incident and will be used to shuttle workers this winter. With 30 new cabins on the way from Europe, the company will be able to easily take the lift to final capacity (40 cabins) in the future.
- Crested Butte’s new trail map shows the adjusted Teocalli alignment.
- In Bolivia, the largest gondola operation in the world reopens following a week of shutdowns due to civil unrest and the resignation of President Evo Morales. The general manager of the gondola company also resigned.
- Win Smith of Sugarbush chats with Vermont Public Radio about why now was the right time to sell.
- Mt. Timothy, BC is officially back in business.
- On December 9th, Vail Resorts will report fiscal first quarter earnings, traditionally accompanied by guidance on capital investment plans for the year.
- Thanks to Collin Parsons for these awesome photos of the gondola construction at the Lake Placid Olympic Ski Jumping Complex.
News Roundup: Interviews
- The 117 year old Poconos hotel which just announced plans to build a chairlift burned down last Friday.
- Yellowstone Club adds Silver Tip, its 18th major lift, giving YC the 13th highest lift count in the nation!
- More awesome podcasts: Jeremy Davis of the New England Lost Ski Areas Project, Rob Katz on snowmaking across Vail Resorts, Geoff Hathaway on rebuilding Magic Mountain and the staff of Eldora on what it takes to open weeks ahead of normal.
- Two new quads and a lift shortening are all now reflected on the Stevens Pass trail map.
- Vandals slash upholstered seats on an Austrian gondola, cause $28,000 in damage.
- Okemo receives a 24 month extension to its permit for building a beginner fixed grip quad at Jackson Gore.
- Loveland gains approval to replace Lift 6 with either a fixed grip triple or detachable quad in 2021.
- New Hampshire Governor Chris Sununu tours the gorgeous new summit lodge and gondola at Bretton Woods.
- Alterra CEO Rusty Gregory joins Bloomberg TV and Yahoo Finance to chat about opportunities he sees in the ski business.
- The head of MND Group says financial struggles are history as the company ramps up to deliver $200 million worth of orders for lifts, Gazex and snowmaking.
- The Forest Service plans to approve two new fixed grip quad lifts at Lee Canyon.
- Big Sky looks for 30 more chairs for Six Shooter.
- A Wyoming ranch with snow cat skiing considers adding lift service.
- Chris Diamond’s new book, Ski Inc. 2020, was released last week and is a must read for those who follow North American skiing.
- Simon Fraser University includes a 3S gondola as a core component of its new campus master plan.
News Roundup: Super Cool
- Mt. Rose wants to replace Lakeview and build a two stage detachable Atoma lift instead of two separate alignments shown here.
- Two people survive after their small plane crashes into and is caught by chairlift cables in Italy.
- The Forest Service seeks public comment on issuing a special use permit to Mountain Capital Partners to operate Elk Ridge, Arizona, which closed in 2017.
- The owners of 100 year old Pocono Manor want to build a 1.5 mile chairlift to the upcoming Pocono Springs lifestyle and entertainment complex.
- The New York Times considers whether a planned four station gondola is appropriate in historically holy Jerusalem.
- All three Disney Skyliner lines remain closed following Saturday’s mishap at the Riviera station.
- The replacement for Big Burn at Snowmass may be a six place bubble model.
- Hermitage Club founder Jim Barnes is ordered to pay a member more than $5.4 million for making misrepresentations.
- Crystal Mountain adds 12 gondola cabins with the mountain’s new logo, bringing the Mt. Rainier Gondola to its maximum capacity of 900 passengers per hour.
- Magic Mountain’s new quad may not spin by Christmas but hopefully MLK weekend.
- Environmental review of the New York Capital Gondola project should commence next week.
- Lake Louise’s VonRoll gondola towers finally fly away after 60 years.
- The VonRoll in Oklahoma thrills riders for a 54th year.
- Fatzer fast tracks a new haul rope for the Sea to Sky Gondola.
- The recently opened 3S in Norway successfully toes the line between an urban gondola and ski/tourism lift.
- Vail seeks to buy the Hermitage Club’s snowmaking guns.
- A super cool LST T-Bar on the roof of a waste-to-energy plant opens for skiers in Copenhagen.
- Poma begins constructing a five section urban gondola on the remote Indian Ocean island of Réunion.
- Grouse Mountain acknowledges the Blue Skyride‘s days are numbered and will study replacing it over the coming year.
- Frost Fire, which was unable to spin its brand new Skytrac quad last winter, says it will open this winter.
News Roundup: Answers
- Stevens Pass nears completion of its largest lift investment ever.
- Bretton Woods prepares to open New Hampshire’s first eight passenger gondola as soon as October.
- A nonprofit hopes a T-Bar will be the right lift for historically troubled Ascutney Mountain.
- The 17 former Peak resorts are now Vail resorts.
- Vail season pass sales are up double digit percentages from last year and the company expects to earn between $778 and $818 million in fiscal year 2020 with a net income of $293 to $353 million.
- Mt. Bachelor launches an all-new James Niehues-painted trail map with some surprise new lift names: Alpenglow, Early Riser and Little Pine.
- The Berry family and Arctaris Impact Investors issue dueling letters on why the Saddleback sale fell through.
- Here’s another construction update from Alaska’s brand new ski area.
- The Forest Service approves Mammoth Mountain’s Chair 16 replacement project.
- Stakeholders seek an extension as the Hermitage Club bankruptcy works its way through the courts.
- The ski resort portion of American Dream now won’t open until December 5th.
- Doppelmayr is out with a new issue of Wir Magazine which profiles Ramcharger 8 and Whistler Blackcomb’s three newest additions.
- Vail concludes that undetected ground movement caused July’s tower separation and evacuation of the Eagle Bahn Gondola.
News Roundup: Everybody’s Doing It
- Cockaigne, New York intends to reopen this winter after eight closed seasons.
- Red Mountain has a new lift, new trails and now a new trail map.
- A New Zealand bike park heads to court, accused of spreading flames by running its chairlift empty during a wildfire.
- Nearly a month after disaster struck, the Sea to Sky Gondola reopens its Basecamp Cafe, retail store and select hiking trails.
- A Peak Resorts investor sues to stop the sale of the company to Vail.
- Wisconsin lost ski area Deepwood may reopen as WoodWind Park.
- The chairlift at the Nebraska State Fair breaks down and gets evacuated.
- Steamboat’s new gondola will have Wi-Fi.
- Aspen Snowmass offers numbers on Ikon Pass lift line impacts.
- Highlander Lift Services & Construction partners with Timberline Helicopters to fly towers for two new Idaho lifts in two days.
- Alterra, Oz Real Estate, Pacific Group and Snow Operating have all reportedly been interested in Jay Peak.
- Jay celebrates the successful replacement of over 20,000 pieces of tram hardware.
- Treeline Cirque at Alpine Meadows is shaping up to be one cool lift but I don’t think it will have the first double grooved bullwheel angle station in the U.S.
- Green Mountain Valley School looks to replace its platter lift at Sugarbush with a $1.4 million T-Bar in an extended alignment.
News Roundup: Convoy
- Vail Resorts stalwart Chris Jarnot will depart later this year and the mountain division he leads will be split into three regions.
- The latest Epic by Nature episode explores the rise of the Epic Pass and welcoming of a competitor.
- Police confirm the Sea to Sky Gondola cable was definitely cut.
- The Hermitage may still be sold whole although Lakeland Bank gets the go-ahead to repossess 48 snow guns.
- Garaventa is building a one of a kind six pack in Switzerland with 180 degree loading.
- The Forest Service anticipates making a decision on Timberline’s Pucci chairlift replacement project in November.
- Ikon adds Zermatt Matterhorn, the first European destination and first with a 3S gondola on the pass.
- The operator of urban gondolas in Bolivia says the mechanic who died last month did not follow procedures.
- The Disney Skyliner may face a strong hurricane less than a month before opening.
- Wolf Creek readies the D. Boyce detachable Pomalift for a return to service with a new haul rope.
- Granite Gorge and an insurance company settle their lawsuit involving a broken double chairlift.
- The Aspen Mountain Pandora’s expansion hits a snag.
- Leitner-Poma gears up for a busy next few years with multi-resort, multi-lift contracts and possible urban lifts.
Vail to Acquire Peak Resorts for $264 Million
Vail Resorts has agreed to purchase Peak Resorts, the publicly-traded parent company of 17 ski resorts in the northeast and midwest. The deal will more than double the number of mountains Vail operates and expand markets such as New York, Philadelphia and Washington, D.C. for the Epic Pass. Mountains to be acquired include Mt. Snow in Vermont, Hunter Mountain in New York and Attitash in New Hampshire. Combined, Peak Resorts operates 109 aerial lifts in seven states. Vail will be up to 37 mountains in three countries with 437 lifts upon closing.
Peak itself closed on a $76 million purchase of Snow Time, Inc. less than eight months ago, yet the merger and acquisition action continues. “We are incredibly excited to have the opportunity to add such a powerful network of ski areas to our Company,” said Rob Katz, chairman and chief executive officer of Vail Resorts in an early morning announcement. “Peak Resorts’ ski areas in the Northeast are a perfect complement to our existing resorts and together will provide a very compelling offering to our guests in New York and Boston. With this acquisition, we are also able to make a much stronger connection to guests in critical cities in the Mid-Atlantic and Midwest and build on the success we have already seen with our strategy in Chicago, Minneapolis and Detroit.” The deal must still be approved by Peak’s shareholders, which are being offered $11.00 per share. When the deal closes, Epic Pass holders will receive unlimited, unrestricted access to all 17 resorts.
Vail plans to spend approximately $15 million for one-time capital improvements over the first two years and an ongoing $10 million per year to support the Peak properties. Vail’s EBITDA is expected to increase by $60 million annually with the new additions. The transaction is expected to close in the fall.
