A-Basin quits the Epic Pass cash cow due to their lack of parking.
Arapahoe Basin revenues doubled during the decade it was part of the Epic Pass, but parking problems outweigh the benefits of cash flow
From The Colorado Sun
Too many Epic Pass weekend skiers have forced A-Basin to abandon its decade-long partnership with Vail Resorts.
“We are pretty darn full on weekends and we don’t need any more people on weekends. If anything, we could probably whittle those numbers down a little bit,” Arapahoe Basin’s longtime leader Alan Henceroth said Monday, the day the resort announced it had pulled the plug on the Epic Pass partnership for the 2019-20 ski season. “Our parking is our pinch point.”
Arapahoe Basin, a local’s favorite with a rowdy selection of daunting steeps and a rootsy vibe, has thrived for 10 years under a deal with Vail Resorts that included the 1,428-acre ski area on the industry-dominating Epic Pass. Last fall the company sold more than 825,000 of those passes, offering skiing at 65 different locations.
Vail’s Summit County ski areas have partnered with Arapahoe Basin on various shared passes since 1998.
Arapahoe Basin, which is owned by Canada’s Dundee Resort Development, was Vail Resorts’ first partner resort on the Epic Pass, which now includes access to privately owned, independent resorts such as Telluride, Sun Valley and Snowbasin.
Sun Valley Resort and Snowbasin Resort join the Epic Pass, Epic Local, Epic 7-Day and Epic 4-Day passes beginning with the 2019-20 winter season in a multi-year alliance.
Epic Pass holders will receive seven days of skiing or snowboarding with no restrictions at both Sun Valley and Snowbasin.
Epic Local Pass holders receive two days at each resort with minimal restrictions.
Epic 7-Day pass holders can use any or all of their seven days and Epic 4-Day pass holders can use any or all of their four days with no restrictions at both resorts.
Epic, Epic Local, Epic 7-Day and Epic 4-Day pass holders will receive 50 percent off one-day window lift ticket prices after their respective days have been redeemed.
The industry-leading Epic Pass features access to world-class mountain resorts throughout eight countries for the 2019-20 season, more than any other season pass in the world.
Vail Resorts, Inc. (NYSE: MTN), Sun Valley Resort and Snowbasin Resort jointly announced today that both resorts will join the industry-leading Epic Pass in a multi-year alliance beginning with 2019-20 winter season, adding two new destinations to the world-class access found on the Epic Pass. Epic Pass holders will receive seven days of skiing or snowboarding with no restrictions at both resorts. Epic Local Pass holders will receive two days at each resort with minimal restrictions. Epic 7-Day pass holders can use any or all seven of their total days, with no blackouts, while Epic 4-Day pass holders can use any or all four of their total days of skiing and snowboarding with no restrictions at both resorts. Sun Valley is consistently ranked one of the top ski resorts in North America and Snowbasin is known as a great family-friendly destination, conveniently located near Salt Lake City.
“Sun Valley is a four-season renowned mountain resort and provides visitors from around the world with diverse mountain experiences and world-class dining and shopping. Together with nearby Park City Mountain Resort, Snowbasin has an incredibly rich winter sports history and this expanded access provides two great options for Epic Pass holders in Utah,” said Kirsten Lynch, chief marketing officer of Vail Resorts.
Breckenridge Ski Resort Announces Plans to Regularly Extend Winter Seasons through Memorial Day, Beginning this Spring
Combined with Keystone’s recently announced capital improvement proposal to upgrade snowmaking and position the resort to be the first to open in Colorado, the two Summit County resorts will offer one of the longest ski and snowboard seasons in the country.
After a record-breaking start to the winter season, Breckenridge Ski Resort announced today plans to extend the 2018-19 ski and snowboard season into May, for the first time since the mid-‘90s. The resort will aim to remain open through Memorial Day this season as well as for future seasons, weather and conditions permitting. Paired with Keystone’s recently announced capital improvement proposal—subject to U.S. Forest Service approval—to upgrade snowmaking and help position the resort to be the first to open in Colorado, together Breck and Keystone will offer one of the longest ski and snowboard seasons in the country moving forward.
“Spring is an incredible time to ski Breck’s High Alpine and we are thrilled to extend our season this year, and beyond, and offer that terrain as long as the snow lasts,” said John Buhler, vice president and chief operating officer at Breckenridge Ski Resort. “With Breck’s notably high elevation and annual snowfall we are well-positioned to provide our passholders and other guests great spring skiing and snowboarding well into May.”
Rusutsu joins the Epic Pass, Epic Local Pass and Epic Australia Pass in a long-term alliance, beginning with the 2019-20 winter season
Epic Pass, Epic Local and Epic Australia Pass holders will receive five consecutive complimentary days with no blackout dates at Rusutsu Resort in Hokkaido, Japan for the 2019-20 season
The Epic Pass, Epic Local Pass and Epic Australia Passes now offer 10 total days of Japanese access across 11 resorts in Japan, including the ten resorts in the Hakuba Valley
The industry-leading Epic Pass features 66 mountain resorts in eight countries for the 2019-20 season, more than any other season pass in the world
Vail Resorts, Inc. (NYSE: MTN) announced on 3rd December a long-term alliance with one of the most renowned resorts in the world for deep powder and tree skiing, Rusutsu Resort, located in Hokkaido, Japan, just 90 minutes from Sapporo and New Chitose Airport. Beginning with the 2019-20 season, the Epic Pass, Epic Local Pass and Epic Australia Pass will offer five consecutive complimentary days with no blackout dates at the three unique, interlinked mountains that make up Rusutsu Resort. The addition of Rusutsu to the Epic Pass, brings total pass access to 66 mountain resorts in eight countries in the 2019-20 season, significantly more than any other season pass in the world. Continue reading “Rusutsu, the Japanese Resort joins the EPIC Pass for the 2019-20 ski season.”
Vail to open Legendary Back Bowls. Resort Opens Portions of Sun Up and Sun Down Bowls
Vail Mountain has opened its legendary Back Bowls, providing access to portions of Sun Up and Sun Down bowls via High Noon Express (#5) and Sun Up Express (#9). Vail is now offering 2,166 acres of skiable terrain, with more anticipated to open this week.
This marks the third time in the last decade that the Back Bowls have opened this early. In 2014, the Back Bowls opened on Nov. 26, in time for Thanksgiving, and in 2010, portions of the Back Bowls opened on Nov. 24. The earliest the Back Bowls have opened this century was on Nov. 16, 2002.
“We are excited to open a portion of the Back Bowls this early in the season and are thankful that we were able to provide that legendary experience for our Thanksgiving holiday guests,” said Doug Lovell, Vail chief operating officer. “Vail has had a strong start to the season, with a foot of snow in the last 48 hours and almost six feet of snow this season. We are definitely experiencing mid-winter conditions.”
Epic Pass expands European Access in World-Class Resort in France and Italy: Les 3 Vallées in France and Skirama Dolomiti Adamello Brenta in Italy.
Vail Resorts expands access to seven consecutive days of skiing at Les 3 Vallées in France and Skirama Dolomiti Adamello Brenta in Italy with no restrictions, resulting in 26 days of European access
The Epic Pass is the ONLY multi-resort pass to offer significant access to European resorts
In one year, the Epic Pass has added access to 20 world-class resorts, inviting guests to experience an unprecedented total of 65 resorts throughout eight countries for $949, offering unlimited, unrestricted access to North America’s best resorts including Whistler Blackcomb, Vail, Park City and Breckenridge
The last chance to buy the 2018-19 Epic Pass is Sunday, Nov. 18.
Vail Resorts, Inc. announced today that Epic Pass holders will now receive seven days of skiing or snowboarding with no blackout dates at Les 3 Vallees, France and Skirama Dolomiti in a long-term alliance beginning with 2018-19 winter season. The Epic Pass, available for $949, offers skiers and snowboarders unlimited, unrestricted access to 19 mountain resorts, including world-class destinations like Whistler Blackcomb, Vail, Breckenridge and Park City, plus additional access to 46 more throughout the United States, Canada, Australia, Japan, France, Switzerland, Italy, and Austria. The Epic Pass is the only multi-resort pass to offer significant access to European resorts. Sunday, Nov. 18 is the last chance to buy the 2018-19 Epic Pass and the entire suite of Epic Season Pass options.
Skiing began in Europe and that storied heritage – along with the incredible terrain and abundant culture – puts Europe on the bucket list of every skier and snowboarder. The Epic Pass was the first multi-resort pass to offer North American and European access and now it offers an even more expansive experience.
“The value of the Epic Pass is giving skiers and snowboarders the flexibility to ski and ride where and when they want,”said Kirsten Lynch, chief marketing officer of Vail Resorts. “Our long-term alliances with Europe’s best ski resorts truly put the Epic Pass in a class of its own.”
“Les 3 Vallees is proud to expand the alliance with the Epic Pass and give skiers and snowboarders access to the largest interconnected ski area in the world,” said Vincent Lalanne, general manager of Les 3 Vallées. “We look forward to welcoming Epic Pass holders to experience the French Alps this season.”
Les 3 Vallées, the world’s largest connected ski area, is located in the Tarentaise Valley, in the heart of the French Alps. As implied by its name, the area consists of three valleys: Saint Bon, Les Allues and Les Belleville. The ski area is a network of seven resorts Courchevel, Méribel, Brides-les-Bains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle. With 155 lifts, 372 miles (600km) of skiing on 332 marked pistes, Les 3 Vallées offers incredible skiing on high altitude terrain. 85% of the runs are above 5,905 feet (1 800 meters) and Les 3 Vallées is home to Val Thorens, Europe’s highest ski resort, at an altitude of 7,545 feet (2 300 meters).
South of the Alps, nestled amongst some of the most beautiful mountain peaks in the world such as the Brenta Dolomites and Adamello, is some of the best skiing in Italy. Skirama Dolomiti Adamello Brenta is home to 150 lifts and 236 miles (379 km) of ski slopes that make up acclaimed resorts such as Madonna di Campiglio and Pinzolo in Val Rendena; Folgarida-Marilleva, Peio and Tonale in Val di Sole; Ponte di Legno, Andalo-Fai della Paganella, Monte Bondone and Folgaria-Lavarone. The winter offering is enriched by the high-quality cuisine and the exclusive “Italian style.”
Alterra is expecting to sell 250,000 of the new IKON Pass while Vail Resorts stated that their sales of the EPIC Pass are up thanks mostly to the $99 military pass. This was the excerpt heard during the annual Governor’s Tourism Conference at the Talisa Hotel in Vail. The “Trends in ski” panel with Alterra’s Head of Sales Bob Stinchcomb, Vail Resorts marketing chief Kieran Cain and Powdr’s Jennifer Rudolph.
Lauren Berlamino, of Karsh Hagan, a marketing, design and tech company started the discussion with where the whole ski industry is in Colorado, noting the challenges of shorter seasons due to climate change and aging demographic. The opportunities to be had are the experiences beyond skiing and the leading the way in sustainability.
One-fifth of skiers are 55 years or older, with some of the most avid participants are aged 70 and older. Skiers and snowboarders visits in the country have increased from 8.7 million in 1996-97 to 9.2 million in 2017-18. Berlamino states that this growth does not correlate with the overall population growth over the past years.
“It kind of sounds like we’re facing an uphill battle, but really Colorado is doing amazing in this industry,” she said. “I think nobody’s better positioned than our state to continue to ride this momentum and be successful amidst all this change that we’re seeing.”
According to the National Ski Areas Association, Colorado’s share of overnight ski trips in the calendar year of 2017 was 21 percent, followed by California at 13.7 percent. Of the 53.2 million skier visits, that’s about 11 million visitors to Colorado.
Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.
The Epic Pass, Epic Local Pass and Military Epic Pass now include unlimited, unrestricted access to Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort for the 2018-19 season
Passes for the 2018-19 season are currently on sale, with prices increasing Oct. 7
Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado. The Company purchased Triple Peaks from the Mueller family for a final purchase price of approximately $74 million, after adjustments for certain agreed-upon terms. As part of the transaction and with funds provided by Vail Resorts, Triple Peaks paid off $155 million in leases that all three resorts had with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate. Continue reading “Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.”
Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings, LLC, an affiliate of Oz Real Estate. The final purchase price, after adjustments for certain agreed-upon terms, was $64 million. Less than 85 miles from Seattle and renowned for its plentiful snowfall, the resort sits on the crest of the Cascade Range within two national forests – the Mt. Baker-Snoqualmie National Forest on the west side, and the Wenatchee National Forest on the east.
The 2018-19 Epic Pass, Epic Local Pass, Epic Australia Pass, and Military Epic Pass now include unlimited and unrestricted access to Stevens Pass; the Epic 7 Day and Epic 4 Day Passes now offer seven and four unrestricted days respectively. Additionally, Whistler Blackcomb’s 5 Day and 10 Day EDGE Cards, which are available to residents of Washington State and Canada, allow pass holders to use two of five, or three of 10 days at Stevens Pass or any other Vail Resorts’ owned and operated ski resorts.
• Vail Resorts will acquire Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire, and Crested Butte Mountain Resort in Colorado.
• In a separate transaction, Vail Resorts will acquire Stevens Pass Resort in Washington State.
• Upon closing, Epic Pass and Whistler Blackcomb Edge Card products will now include additional access to all four resorts for the 2018-19 winter season, providing even more variety and options in New England, Colorado, and the Pacific Northwest.
• Vail Resorts plans to invest $35 million in total capital across the four resorts over the next two years.
As per a new press release by Vail Resorts, as of today, June 4, 2018, Vail Resorts, Inc. (NYSE: MTN) has entered into an agreement to purchase Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire, and Crested Butte Mountain Resort in Colorado. The Company will purchase Triple Peaks, LLC from the Mueller family for a purchase price of $82 million, subject to certain adjustments. At closing, Triple Peaks will pay $155 million to pay off the leases that all three resorts have with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate, with funds provided by Vail Resorts.
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