Breck 2019 Capital Improvements
More improvements to the ski area were announced today! New Ski School Facilities and a new Zipline for Epic Discovery are coming soon. Check out excerpts from the official statement below:
“At Breckenridge, we are planning to make a one-time investment to transform the guest experience at the base of Peak 8 with new ski school and childcare facilities, as well as an improved ticket and retail/rental experience. We will be acquiring and building out space within the new Grand Colorado on Peak 8, which was built on a land parcel we sold in fiscal 2017. The improved facilities and layout will dramatically improve the experience of this popular base area at the most visited mountain resort in the U.S. These one-time real estate investments will total approximately $7 million in calendar year 2019 and are the result of the $9.3 million land parcel sale at Breckenridge in fiscal 2017.”
At Breckenridge’s Peak 8 base, completely new slopeside, guest-service facilities will be added in more than 22,000 square-feet of space just steps away from the Colorado SuperChair and Rocky Mountain SuperChair. Included will be a new Children’s Ski & Snowboard School, daycare, ticket and pass office, and a new ski and snowboard rental concept.
This continues the trend of transformations that have taken place at Breck’s Peak 8 base area over the past several years, with One Ski Hill Place paving the way in 2011 as a new ski-in, ski-out luxury lodging experience steps away from the BreckConnect Gondola. In December 2015, Breck Grand Vacations opened the Grand Colorado on Peak 8 and construction is currently underway on a new Grand Colorado expansion which will be the future location of Breckenridge Ski Resort’s new guest service facilities. Additionally more exciting developments are on the horizon with the recent approval of the East Peak 8 project and a proposed four-star hotel.
“We plan to spend approximately $6 million on integration activities across recently acquired resorts. Investments in additional summer activities will be approximately $2 million in calendar 2019 as we complete work on a major zip line at Breckenridge.
Quicker lift access
Improvements to direct-to-lift access across Vail Resorts’ 17 North American mountain resorts
Vail Resorts plans to increase express lift ticket fulfillment capacity by 40 percent through new handheld, mobile technology at its 17 North American resorts to allow skiers and snowboarders who purchased tickets in advance to bypass the ticket window altogether, and obtain their RF-enabled lift ticket from roving ticket agents at base area lifts. Guests will then be able to move directly into the primary lift line to begin their day on the mountain.
“Reducing guest wait times is a top priority across Vail Resorts,” said Katz. “Direct-to-lift technology enhancements for advance purchase lift tickets is one of the more significant transformational investments we can make to improve the guest experience.”
More improvements at Vail Resorts
Vail Resorts, Inc. (NYSE: MTN) today announced that the Company plans to invest approximately $175 million to $180 million in the guest experience in time for the 2019-20 winter ski and snowboard season across its network of 18 resorts. This latest investment is in addition to approximately $150 million invested for this season, bringing the Company’s industry-leading resort investment total to more than $1.2 billion over the last decade.
- New capital continues Vail Resorts’ industry-leading track record of reinvestment in the guest experience having invested more than $1.2 billion over the last decade
- Investments are focused on getting resorts open sooner and with more terrain in the early season through the pursuit of snowmaking upgrades at Vail, Keystone and Beaver Creek
- Additional plans include new or upgraded lifts at Stevens Pass and Perisher, improvements in dining at Park City, Okemo and Stevens Pass, and upgraded skier services at Beaver Creek and Breckenridge as a part of the transformations
To read the full release on Vail Resorts capital improvements and more click here.