If you follow the ski industry, mark your calendar for four months from now, the week of December 4th. Very early one morning that week, the largest mountain resort operator in the world will release its fiscal 2018 first quarter results and, more importantly to this audience, outline capital expenditures for 2018. Last year, this is the moment Vail Resorts committed to building three six-packs as part of $103 million in capital spending for 2017 (the company later added a fourth detachable to this year’s class, the Red Buffalo Express at Beaver Creek.) In December 2015, MTN announced a high-speed quad for Vail Mountain and in 2014, $50 million in improvements including three new lifts at Park City plus another six-pack at Vail. So, what might be on the likely $120+ million agenda for 2018?
Game Creek Express #7 six-pack. The current 1985 version of Game Creek is the oldest operating lift on Vail Mountain and one of three remaining CLD-260 style Doppelmayr detachables there. It is likely to be replaced with a six-pack, increasing capacity by at least 25 percent in popular Game Creek Bowl. Of the recent six-pack upgrades at Vail, two were built by Doppelmayr (Avanti #2 and Mountaintop #4) and one by Leitner-Poma (Northwoods #11.)
Orient Express #21 six-pack. Three years newer than Game Creek but still with DS grips, Orient Express serves some of the most popular terrain in Vail’s famous Back Bowls below the equally popular Two Elk Lodge. A six-pack upgrade would be the first such lift in the Back Bowls or Blue Sky Basin.
Wildwood Express #3six-pack. A 1995 CTEC, Wildwood is not as old as other detachables recently replaced at Vail, but it serves a high-traffic pod between Mid-Vail and its namesake Wildwood. Parts from this lift could be used as spares for Riva Bahn/Pride Express and Cinch, Bachelor, Grouse Mountain and Strawberry Park high-speed quads at Beaver Creek.
Born Free Express #8 replacement. Born Free is the 1988 sister ship to Orient and runs parallel to the Eagle Bahn Gondola, built 1996. Vail could opt to address both lifts in the coming years with a gondola like Keystone’s or replace only Born Free with a new high-speed quad or six-pack.
Golden Peak Race lift. In April, Vail submitted a master plan amendment to add a third lift on Golden Peak above the Riva Bahn mid-station. This short fixed-grip chairlift or surface lift would primarily serve an extended race course.
Arrow Bahn Express replacement. Beaver Creek doesn’t see nearly the traffic that Vail does and has seen ten new lifts since 2000. However, Arrow Bahn Express is by far the oldest lift at Beaver Creek, built in 1988 to serve a separate Arrowhead ski area. A CLD-260 like Game Creek, Orient and Born Free but with lower hours for its age, Arrow Bahn might make it a bit longer.
Of the dozen North American skier visit champions, only one mountain operates fewer than 15 lifts. Number one Vail has 25, number two Breck 23. Whistler and Mammoth spin even more. But the fourth most-visited ski area on the continent has only 13 lifts. That mountain is Keystone, an intermediate skiing mecca under 100 miles from Denver International Airport.
In 2009, Vail Resorts and SE Group updated the resort’s master plan, a road map for expansion over the coming decades. With eight new lifts planned for Dercum Mountain, North Peak and The Outback, Keystone’s plan outlines significantly more growth than slated for Vail’s other Colorado resorts. Much of the expansion would come above current lift service, adding high-alpine terrain to attract a broader spectrum of skiers and snowboarders to Keystone.
Ski Tip Gondola. A new Ski Tip portal is planned with a 3,400′ x 1,154′ two-way gondola that could transition approximately 18 percent of skiers away from the crowded River Run and Marmot portals. Skiers would ride the gondola to a point above the River Run Gondola mid-station and return there at the end of the day to ride back down. Critics have suggested this gondola is merely a real estate play.
Two-stage Argentine high-speed quad. A new high speed quad could replace Argentine and continue to a point near the Dercum summit with a mid-load angle station in the vicinity of the former Saints John and Ida Belle lifts. Three new trails would be cut between Peru and Montezuma. The mid-station would take pressure off the crowded Lower Schoolmarm trail and Peru Express.
Summit Learning Center Lift. A new fixed-grip triple chairlift is proposed to connect the top of the new Argentine to the top of the mountain between Ranger and Montezuma. This would be the seventh lift to serve the summit of Dercum Mountain. With the new triple’s 1,000 skiers per hour, a whopping 16,800 people could theoretically unload at the Summit House in one hour.
Vail Resorts says in its third quarter results that Epic Pass sales are up 10 percent over last year. The company typically announces new capital projects just after Epic Pass sales conclude in late November.
Revelstoke homeowners aren’t happy lift development has stalled for almost ten years now. The resort’s response identifies master plan lifts 1 and 11 as the highest priorities but notes construction of them is subject to market demand.
In an interview, new Crystal Mountain owner John Kircher says he wants to build a second gondola to Campbell Basin.
NY State Fair gondola continues to be targeted as an example of government waste.
Whaleback’s T-Bar project is a go. The lift came from Plattekill, NY and will be installed by SkyTrans.
Poma reaches agreement to build new gondolas in Vietnam with the first next-generation Sigma Diamond EVO cabins introduced yesterday at Interalpin. The new cabins offer more natural light and feature doors that slide rather than opening out.
Wolf Ridge, NC closes for the season following lightning damage to 1988 Doppelmayr quad. The place has an interesting past; a 2006 Doppelmayr CTEC quad and 1980 Borvig were both abandoned after a 2014 fire and only two lifts remain.
Vail Resorts got welcome news yesterday that went largely unnoticed with the big Stowe buy. The Placer County Board of Supervisors finally and unanimously approved a new master plan for the 3,200-acre Northstar Resort on the northwest shore of Lake Tahoe. Booth Creek Ski Holdings started working on this plan way back in 1990 before eventually selling the mountain to Vail in October of 2010. Today’s approval includes seven new lifts: a gondola, two detachable chairlifts, one surface tow and three additional fixed-grip chairs. Two of those lifts would have mid-stations and three will serve an exciting 550-acre expansion called Sawtooth Ridge.
“The plan is designed to help lengthen current guest stays and solidify Northstar as a premiere destination resort,” Vail Resorts said in a statement. “It provides guests with a wider, more diverse array of terrain offerings and recreational activities, facilitating an improved and extended vacation experience for the destination and day-use guest.” Northstar’s current fleet stands at 14 lifts, nine of which are detachable. The proposed additions are:
Castle Peak Gondola: A six-passenger gondola to Northstar Village that wouldn’t serve any ski trails but would reduce traffic on Northstar Drive by diverting more vehicles to the offsite Castle Peak parking lots. The gondola alignment would require two stages and an angle station to the east of Northstar Village. It would serve a similar function to the Vail-owned BreckConnect Gondola. Upon completion of Castle Peak, Northstar will operate a whopping four gondolas.
Lift C: A fixed-grip or detachable chairlift east of the existing Vista Express serving three new intermediate trails above Sawmill Lake.
Lift J (Lookout Mountain Access): A long new detachable quad or six-place chairlift starting near the bottom station of the Highlands pulse gondola and ending near the Lookout Vista surface lift providing increased out-of-base capacity. A mid-load station would serve new trails to the north of the Tahoe Zephyr Express pod.
Lift V: A bottom drive fixed-grip lift starting near the Backside Express/Promised Land Express rising into the new Sawtooth Ridge expansion area.
Lift W: A second fixed-grip chairlift serving Sawtooth Ridge. No trails would be cut in this pod; it would be dedicated to serving natural tree skiing.
Lift Z: Surface tow similar to Lookout Vista providing access to “backcountry-style” terrain beyond lifts V and W.
Lift Q: A second lift on Lookout Mountain to the west of the Martis Camp Express. This one would be fixed-grip and top drive.
Build out of the ambitious plan is expected to take two decades and Doppelmayr stands to gain, having built every lift at Northstar since 1985. I’m guessing we might see the Lookout Mountain access lift and Sawtooth Ridge lifts first.
In a move that should surprise no one, this morning Vail Resorts officially went east, agreeing to buy the mountain operations of Stowe Mountain Resort in Vermont for $50 million from a subsidiary of insurance giant AIG. The move had been rumored for months and was signed on Friday. Stowe will join Vail Resorts’ hugely popular Epic Pass next season and will become the second mountain newly-acquired by Vail to abandon the Mountain Collective following Whistler-Blackcomb. Like Whistler, Stowe will probably also abandon its SKIDATA RFID lift access technology in favor of the proprietary Epic system.
“We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. With the investments in both mountain infrastructure and base area facilities that AIG has made over the years, Stowe Mountain Resort has become the premier, high-end resort for East Coast skiers and snowboarders. We look forward to working with AIG to continue enhancing the guest experience and to ensure the resort’s long-term success,” said Rob Katz, chairman and chief executive officer of Vail Resorts.
Like the flagship Vail Mountain, Stowe has invested heavily in new lifts from both Doppelmayr and Leitner-Poma in recent years, adding six new lifts since 2004. Four of those additions are located on the redeveloped Spruce Peak at Stowe. The addition of Stowe’s eight chairlifts and two gondolas brings Vail Resorts to operate more than 260 lifts across 13 mountain resorts. Vail has already announced four new high-speed lifts (three Leitner-Poma, one Doppelmayr) to be built at Beaver Creek, Breckenridge, Keystone and Vail for next winter. The purchase of Stowe is expected to close sometime this spring.