Five ski resorts in Colorado are expected to see a series of upgrades that will include facility expansions as well as new ski lifts.
The Broomfield, Colorado-based Vail Resorts says it wants to build a new high-speed 6-person chairlift, as well as 16 new trails and a ski patrol facility, at its resort in Keystone.
Plans also call for a roughly 6,000 square foot expansion of the resort’s Outpost Restaurant.
Another chairlift will be built at the company’s Vail Mountain resort, while the Breckinridge Ski Resort in the central Colorado town of Breckinridge, will get a new 4-person lift.
Rob Katz, chairman and chief executive officer of Vail Resorts, said the new upgrades, which will also include work at the company’s California, Nevada, New Hampshire, and Utah properties, are designed for “guests to have more time to enjoy the sport they love.”
In a statement, Katz also noted that his company has spent upwards of $2.2 billion in the last nearly two decades upgrading its ski properties.
Altogether, the company anticipates spending upwards of $325 million on property and facility upgrades in the next year.
Vail Resorts currently owns and operates 37 mountain ski resorts in a dozen states and three countries. The company recorded revenue of more than $204 million for the spring of this year, a nearly $130 million jump over the same time period in 2020.
By Garry Boulard
