How Many Lifts Could Vail Resorts Announce Next Month?

With four recent additions, Vail Resorts Inc. now operates just over 10 percent of American and Canadian lifts, more than any other company.  Vail prides itself on investing heavily in its mountains and the average lift at an Epic resort is three years newer than the rest of the industry.  The company’s lifts now number 305 in the United States, Canada and Australia with an average age of 24.6 years.  If we assume the average lift lasts 35 years, Vail would now need to replace an average of about nine lifts per year just to turn over its fleet.

A little less than a year ago, a smaller VR unveiled plans for seven new lifts as part of a $150 million annual capital plan, the largest in the company’s history.  Back in 2016, Vail committed to building three six-packs as part of $103 million in capital spending for 2017 (VR later added a fourth detachable to that year’s class, the Red Buffalo Express at Beaver Creek.)  In December 2015, the Broomfield-based company announced a high-speed quad for Vail Mountain and in 2014, it was $50 million in improvements including three new lifts at Park City plus another six pack at Vail.  Over the last five years, more resorts have consistently led to more revenue and more capital investments.  The company said it will invest $35 million at the four new mountains in the next two years, making it possible this December’s announcement will be the most valuable ever.

Colorado

Going resort by resort, the most obvious projects are ones already in the pipeline, namely the Game Creek Express #7 replacement and Golden Peak race lift at Vail.  But VR could go bigger like it did this summer at Whistler Blackcomb, spending $52 million to package four lift replacements together.  On Vail Mountain, additional aging lifts likely to be up-gauged to six-packs eventually are Orient Express #21, Born Free Express #8 and Wildwood Express #3.  The mothership mountain has the third largest and third newest lift fleet in the company and I expect investment to continue at Vail following this year’s pause.

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Vail’s lift 7 is the only chair in Game Creek Bowl and could use more capacity.

On average, the newest lifts within Vail Resorts are at Beaver Creek, which opened decades later than its peers.  A major expansion was approved in September – McCoy Park – which may be implemented in 2020.  In advance of those two new lifts, the Strawberry Park Express could be updated in 2019 to a higher capacity gondola.  The oldest lift at Beaver Creek is the 1988 Arrow Bahn Express, which eventually will be replaced by a newer detachable.  Probably not this year though.

Sticking in Colorado, Breckenridge is usually the first or second most visited resort in America and did not see a new lift in 2018.  I say a Riblet gets replaced here in 2019 and my vote would be 6-Chair with a high speed quad.  My second guess would be C-Chair followed by 5, A, E and Rip’s Ride.  If Vail decides to continue replacing older high speed quads instead, Beaver Run SuperChair is the logical candidate.

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6 Chair at Breckenridge is wildly popular despite being fixed grip and 40 years old.

Keystone has both expansion possibilities and lifts that could be upgraded.  The project everyone’s been clamoring for is a detachable lift from The Outback to replace WaybackPeru Express is the oldest high speed lift at Keystone and a core workhorse, making it likely to be replaced with a six pack soon.  Outback Express is one year newer and in a similar situation.  Another possible replacement is Argentine, a 1977 Lift Engineering double that the 2009 Keystone Master Development Plan proposed replacing with a two stage detachable.  The new lift would load near Peru, have an angle station above Lower Schoolmarm and continue all the way to the ridge of Dercum Mountain.  The Keystone MDP also outlines major expansions that I expect we will hear more about over the next decade.  They include a Ski Tip gondola, Bergman Bowl lift, Independence Bowl lift, Windows lift and Outback surface lift.  Whatever Vail chooses, I am hopeful for a new lift or two at Keystone in 2019.

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I don’t mind Wayback at Keystone but I also rarely ski in Colorado on weekends or holidays.

Crested Butte is the new kid on the block and Vail may wait a year or more to do anything lift wise.  The mountain’s Teocalli II expansion is still moving through the Forest Service NEPA process.  The Mueller family invested heavily in the Triple Peaks resorts over the years and I don’t see a whole lot needed near-term at CBMR.  Replacing original Teocalli with a high speed quad would be a nice way to burn some of the promised $35 million.

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News Roundup: Big Week

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Garaventa recently fabricated new hangers for the Grouse Mountain Red Skyride cabins so riders can stand on the roof for an extra charge. Photo credit: Max U.

Three New Quad Chairs for Wilmot Mountain

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Vail Resorts announced today it will spend $13 million this summer to modernize Wilmot Mountain, which the company acquired in January.  Improvements include three new quad chairs to replace existing lifts.  Wilmot Mountain currently operates eight chairlifts built by Hall, Borvig and Riblet between 1964 and 1978, meaning upgrades are long overdue. Four chairlifts will be removed, three added and three others overhauled.  The three new quads along with two new carpets will increase Wilmot’s uphill capacity by 45 percent.

“We think our guests from Chicago and Milwaukee will be thrilled with the improvements we are making at Wilmot for the 2016-2017 ski season, which represents one of the biggest transformations ever undertaken for a Midwestern ski area,” said Rob Katz, Chairman and CEO of Vail Resorts. No manufacturer was named, but Vail chose Doppelmayr in 2013 to provide Eco-drive quads as part of a $10 million redevelopment at Mt. Brighton near Detroit.  For those lifts, they re-used quad chairs and towers from retired Doppelmayr lifts at Vail and Beaver Creek.

Vail Resorts Acquires Wilmot Mountain

trailmapToday, Vail Resorts announced its acquisition of Wilmot Mountain near Chicago, adding to the company’s portfolio of regional resorts in the Midwest.  Vail bought Mt. Brighton near Detroit and Afton Alps near Minnesota’s Twin Cities back in 2012.  The addition of Wilmot brings Vail up to twelve resorts in Colorado, California, Michigan, Nevada, Utah and Australia. The company will announce specific improvements in March, but today’s release mentions bringing state-of-the-art lifts to Wilmot Mountain.  The ski area currently operates eight chairlifts – four doubles, three triples and a quad – built by Riblet, Hall and Borvig in the 1960s and 70s.  This is Vail Resorts’ fifth new ski area in three years and it will be interesting to see where they go next.

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