News Roundup: Investments

News Roundup: Tough Choices

  • The Italian parent of Leitner and Poma reports record revenue of €1.06 billion, having completed 78 ropeway projects in 2019, though the company expects sales to fall 30 percent in 2020.
  • Public comments are now being solicited regarding Steamboat’s proposed Wild Blue Gondola, Sundown Express replacement and Priest Creek removal projects.
  • Vail Resorts suspends operations at two Australian resorts just three days into the season due to the evolving Coronavirus situation.
  • Even though American Dream and Big Snow in New Jersey are closed, a second American Dream location remains in development in Miami.
  • Vail Resorts-owned OnTheSnow.com and sister websites will shut down Monday due to the challenging financial landscape. A Vail-owned TV station is also closing.
  • Bloomberg speaks with the CEOs of both Alterra and Vail about next winter.
  • Today is the last day to comment on Little Cottonwood Canyon transportation alternatives, including a 3S gondola.
  • Walt Disney World won’t allow unrelated parties to ride together in gondola cabins when the Skyliner reopens.
  • Doppelmayr USA, Leitner-Poma of America, MND America, Skytrac and SkyTrans all received Paycheck Protection Program loans supporting more than 400 American jobs.
  • A key link located on a receding glacier, the Horstman T-Bar at Whistler Blackcomb is no more.
  • Design work continues for Aspen Mountain’s Lift One Telemix and related developments.

News Roundup: Millions

News Roundup: Unboxing

  • Lizards prevent construction of an announced chairlift project in New Zealand.
  • Berkshire East and Catamount owner Jon Schaefer finds success staying away from detachable lifts and acquiring used lifts from across the country.
  • Ikon Pass sales rose 60 percent over last year.
  • Cockaigne, NY will reopen in January after many seasons closed.
  • Frost Fire, ND reopens after a missed season.
  • A 3S gondola to Snowbird and Alta would cost more than $300 million to build and $12 million a year to operate.
  • Vail Resorts looks to build it first D-Line chairlift, not in Colorado or California but at Perisher.
  • The Forest Service green lights construction of a new Big Burn lift at Snowmass.
  • A new version of Eagle’s Rest comes Jackson Hole.
  • A downed tree causes extended stops at Silver Mountain.
  • The one year old Blackcomb Gondola went down Sunday, Tuesday, Wednesday and Thursday this week.
  • Disney Skyliner guests can now call a dedicated phone line for information when gondolas stop for longer than usual.
  • Lift service returns to Tamarack’s Wildwood zone tomorrow.
  • Copper’s Tucker Mountain becomes lift served for the first time today.
  • Regardless of whether Squaw Valley and Alpine Meadows build an interconnect gondola, a private ski area may open nearby.

News Roundup: SkyDream

News Roundup: 3S

News Roundup: Atria

News Roundup: Slow Boat

  • After years of gondola negotiations with the Town of Jackson, a frustrated Snow King Mountain presses pause while it waits for the U.S. Forest Service to weigh in.
  • Doppelmayr completes the final link in the world’s largest gondola chain.  The stats: 10 lines, 21 miles, 34 stations and 1,324 cabins carrying 300,000 daily passengers.
  • Crested Butte’s longest lift goes down for more than four days due to communication line damage.
  • The announced sale of Montana’s Great Divide won’t happen.
  • Peak Resorts posts a solid financial quarter with organic growth in revenue and earnings.
  • The Whistler paper highlights what happens when the big Blackcomb Gondola goes down.
  • SkyTrans Manufacturing says it’s not to blame for the Ohio State Fair’s delay in replacing potentially corroded chairs on its skyride.  As a result of the chairlift situation, Ohio will require all ride operators to forward manufacturer directives to state inspectors going forward.
  • After tons of hard work by its lift mechanics and contractors, Attitash concedes it won’t be able to fix Summit‘s gearbox this season.  “We’ve heard your calls for a new lift to replace the Summit Triple, and while we appreciate all your feedback, this is not a project our parent company, Peak Resorts, is looking to do in the near future,” says GM John Lowell.
  • Leaders of AltaAspen Snowmass, Big Sky and Jackson Hole all pen letters addressing the chorus of Ikon Pass crowding criticism.
  • The Glenwood Caverns gondola takes flight tomorrow with 17 Sigma cabins.  27 more are on a delayed boat from France and will be put on line when they arrive.

News Roundup: Next Season

News Roundup: Urban Momentum