News Roundup: Time Lapse

News Roundup: Reopening Day

News Roundup: All Over

News Roundup: First Chair

News Roundup: Growing Pains

News Roundup: American Rescue Plan

News Roundup: Wish List

MND Ropeways to Build First US Detachable at Waterville Valley

Waterville Valley Resort and MND Ropeways have inked a deal to bring a first-of-its-kind chairlift to New Hampshire. The six place bubble lift will replace the White Peaks Express, in operation since 1988. One hundred chairs designed by Porsche Design Studio will carry 3,000 skiers per hour along a 5,700 foot alignment.

Waterville Valley and MND previously collaborated to install three surface lifts and more than 400 snow guns. “We have been partners with Waterville Valley Resort since 2017 and are pleased to be continuing our collaboration,” noted Xavier Gallot-Lavallée, Chairman and CEO of MND. “This project will expand our position in the U.S. market by building our first detachable ropeway transportation system in the United States.”

The $9 million, 845 horsepower machine will become one of the largest bubble lifts in the East. “Replacing our White Peaks lift is the most important project in our investment plan for the existing resort footprint, and we will continue our work to enhance the guest experience at Waterville Valley Resort,” said President and General Manager Tim Smith. “This lift represents the best technology in the market today and we are pleased to extend our partnership with MND.”

MND Ropeways has built lifts in more than 40 countries to date. German Peter Loipolder founded the company as LST (Loipolder Seilbahn Technik) in 1989. Following Mr. Loipolder’s 2011 death, the French conglomerate MND (which translates in English as Mountain and Snow Development) acquired LST, moving manufacturing to the French Alps. MND went public on the Euronext Growth exchange in 2013 and constructed its first detachable chairlift in 2016. By 2019, the firm pivoted to a partnership with Bartholet Maschinenbau Flums (BMF) of Switzerland, allowing MND to utilize Bartholet’s detachable technology. MND has been present in the United States for 10 years with a main office in Eagle, Colorado and a satellite location in Laconia, New Hampshire.

A third player entering the North American detachable lift business is a big deal. The last time three companies offered detachables here was pre-2002, when Doppelmayr merged with Garaventa. Competition is good for ski resorts and ultimately the skiing and snowboarding public.

White Peaks is a turnkey project with MND providing design, project management, equipment fabrication, construction, installation, start-up and operator training. Foundations for Waterville’s six pack will be poured this year with steel erection taking place next summer. Commissioning is slated for the fall of 2022.

News Roundup: Ramping Up

News Roundup: Vail Numbers

  • Vail Resorts has sold 850,000 season passes as of September 18th, an 18 percent increase compared to last year at this time.
  • CEO Rob Katz assures skiers reservations should be widely available for most resorts on most days.
  • Vail lost $153.6 million in the quarter ended July 31st compared with an $89.5 million loss in the same period last year.
  • For the full fiscal year 2020, Vail reported a net income of $98.8 million, a decrease of 67.2 percent.
  • The company also recently cut 410 jobs.
  • Regarding capital projects and the seven lift projects Vail postponed this year, Katz said on the conference call:

“We are of course going to be monitoring the season closely before we come out with any plan for calendar year 2021. We’ll make sure we’re incorporating what happened this year. We will likely still be in a conservative approach though hopefully not as conservative as last year because the environment around Covid and travel has all improved. We will definitely be prioritizing projects that we think will have a significant impact on the guest experience and certainly some of the projects that we deferred from last year will be top of the list.”