Gateway Land & Development

Category Archives: Vail Epic Pass

 

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This past week the new Aspen Skiing Company and KSL Capital Partners alliance acquired the Eastern Sierra’s Mammoth Mountain, June Mountain, Snow Summit and Bear Mountain, giving the partnership more than 6,000 acres of southern California ski terrain across four resorts that host more than 2 million visits a year.   No price has been announced yet but in 2005 the resort traded hands for $365 million.  This is just two days after the announcement that Aspen Skiing Company and KSL Capital Partners were buying Intrawest Resort Holdings for $1.5 billion which included Steamboat and Winter Park, which gives them an additional 10 new ski areas to add to their rich roster, which includes Aspen Snowmass and Squaw Valley Alpine Meadows.

A new multi-resort pass for Aspen Skiing Company and KSL looks very promising.  Maybe not for 2017-2018, but a ski pass rivaling the $869 Epic Pass for 2018-2019 seems certain.  Vail Resorts’ Epic Pass offers unlimited skiing at more than 40,000 acres spread across 11 major resorts in Colorado, California, Utah, Vermont and British Columbia not counting three urban resorts in the Midwest.  A pass offered by Aspen Skiing Company and KSL Capital Partners would offer skiing on more than 25,000 acres spread across 15 resorts in four states and Canada.  In the resort industry, it’s becoming apparent that the season pass revenue is the proven financial engine, as shown by Vail Resorts which sold more than 650,000 Epic Pass this past year.

There is a lot of speculation that there will be future acquisitions by Aspen Skiing Company and KSL Capital Partners before the winter of 2017/2018.  Many believe it will be based largely on geographic battles with climate change in mind.

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On Monday, Aspen Skiing Company and KSL Capital Partners, shake up the ski industry with a deal to buy Intrawest Resorts for $1.5 Billion including debt.  The deal includes Steamboat and Winter Park in Colorado, Showshoe in West Virginia and Stratton in Vermont, along with Canada’s  Mont Tremblant, Blue Mountain and Canadian Mountain Holidays, the world’s largest heli-skiing operator based in Banff, Alberta.

It’s a big move for Aspen, which currently operates four resorts in the Roaring Fork Valley; Aspen, Aspen Highlands, Buttermilk and Snowmass.  The two companies will form a new entity to run the Intrawest resorts.  Aspen’s previous holdings will continue to be manage exclusively by Aspen.  According to the press release, there will not be any changes to the 2017-2018 Mountain Collective Pass, which includes Aspen and Squaw or the M.A.X. pass which includes Intrawest resorts.  But look for a new pass to come out as ski areas view season passes that allow skiing at multiple resorts as a vital business strategy.

Vail Resorts is suddenly facing some new competition in an escalating battle of consolidation.  In the past year, Vail Resorts has spent $1.1 billion for three-quarters of Canada’s Whistler Blackcomb ski area and $50 million for Vermont’s Stowe in an aggressive expansion plan.  The company expects to spend $103 million this year upgrading it’s resorts.  At Vail Mountain, Vail Resorts will replace the Northwoods Express with a six-person high speed chairlift.  At Breckenridge, the Peak 10 Falcon Chair will be upgraded with a six-person high speed chair.  At Keystone, the Montezuma chair will be replaced with a six-person high speed chair and at Beaver Creek, the two-person Drink of Water chair will be replaced with a four person high speed chair.

Vail Resorts also plans to invest $6 million this year 2017 for the Epic Discovery summer activities with the bulk of that being spent at Breckenridge with more modest spending at Vail and Heavenly to expand existing facilities.

Combined skier numbers for Aspen’s four mountains has remained steady around 1.5 million for a few years.  Vail Mountain welcomed 1.6 million skiers in 2015-2016 with Beaver Creek coming in with 919,000 skiers.

 

 

Spring Skiing in Vail

Springtime in the Colorado Rockies is upon us with bluebird days, warm temperatures and soft snow.  Spring Back to Vail is one of Vail’s premier events which takes place April 14 -16th featuring a free live concert, the famous World Pond Skimming Championship, Après after dark parties, and base area giveaways.

 

Spring Back to Vail

On Saturday, April 15th, 123GO! Project will kick off the Spring Back to Vail celebration at Ford Park with a free concert presented by Bud Light.  The venue opens at 5:30 and the music starts at 6:00.  123GO! Project, is a rock n roll super group featuring Lead Guitar Mike McCready (Pearl Jam), Lead vocals Brett Scallions (Fuel), and Bass Stefan Lessard (Dave Mathews Band) and Kenneth Schalk is the heavy hitter drummer that will round out the band.

The spring tradition of dressing in costume and skimming across icy waters in hopes of making it to the other side in the 15th Annual World Pond Skimming Championship on Sunday, April 16th.  The top male and female contestant will be awarded the grand prize of a 2017-2018 Vail Resorts Epic Pass and a pair of Liberty skis.  The contestant defies the laws of physics and common sense as a panel of judges scores each competitor on distance, style, creativity and water resistance.  The contest starts at 3:00 at the Golden Peak venue.

Pond Skimming

The other events taking place over the weekend is the Tikis and Tunes Luau at Sarge’s at Mid Vail on Saturday, April 15th from 12:00 – 3:00 featuring a Pig Roast, drink specials, live music,  games and giveaways.

For more information on Spring Back to Vail please visit www.SpringBacktoVail.com. Vail Mountain closes for the season on April 23, 2017 and Beaver Creek closes for the season on April 16, 2017.  It’s been a good ski season.  Looking forward to summer activities.

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Vail Resorts has been working hard to continue to provide their guests with exceptional experiences and build upon the unprecedented value of the Epic Pass with the additional of Whistler Blackcomb and Stowe Mountain Resort for the 2017-2018 winter season.  The Epic Pass now provides worldwide access with 45 iconic resorts.

The price of the Epic Pass will be $859.00 which provides unlimited and unrestricted skiing from opening day to closing day.  The Epic Pass gives full access to Vail, Beaver Creek, Breckenridge, Keystone, and Arapahoe Basin in Colorado, Park City in Utah, Heavenly, Northstar and Kirkwood at Lake Tahoe, Afton Alps in Minnesota, Mt. Brighton in Michigan, Wilmot Mountain in Wisconsin, Whistler Blackcomb in Canada, Perisher in Australia.  The Epic Pass grants limited access to 30 European ski resorts including Arlberg in Austria, Les 3 Vallees, Paradiski and Tignes-Val D’Isere in France; Skirama Dolomiti in Italy and 4 Vallees in Switzerland.  Vail Resorts plans to intergrate Stowe Mountain Resort into its season pass products for the 2017-2018 winter season, subject to the acquisition closing with no restriction dates.

The Epic Local Pass will be $639.00 and you will receive unlimited and unrestricted skiing or riding at Breckenridge, Keystone, Arapahoe Basin with limited restrictions at Park City, Heavenly, Northstar, and Kirkwood, plus a total of 10 days at Vail, Beaver Creek and Whistler Blackcomb with holiday restrictions.  Stowe Mountain Resort will be integrated into the program subject to the acquisition closing.

The Epic 4-Day is a convenient option for a short ski trip.  The pass will be valid at Vail, Beaver Creek, Breckenridge, Keystone, Whistler Blackcomb, Park City, Heavenly, Northstar, Kirkwood, Arapahoe Basin and Stowe Mountain, subject to acquisition closing, plus four free days at Afton Alps, Mt. Brighton or Wilmot Mountain.  The Epic 4-Day pass is $419.00.

The auto renew program is the most convenient way to automatically renew your season pass every year, guaranteeing the lowest price for next season. Your will receive an email notifying you that its time to renew.  The spring payment is just $49 plus pass insurance if you have selected.  You have the option to cancel with out penalty before March 15.

For more information on ski passes please visit: www.snow.com.  Please visit our website:  www.gatewaytovail.com for more information on what’s happening in the Vail Valley.

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The 35th annual Burton US Open is in full swing here in Vail Village!  We saw a heated battle at yesterday’s slopestyle semi-finals, and are following it up today with women’s and men’s halfpipe semi-finals. Here’s a review for day three of world-class competition and entertainment…

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Ben Furguson during practice above…

 

Thursday March 2 schedule:

10:00am – Women’s Halfpipe Semi-Finals

11:10am – Men’s Halfpipe Semi-Finals

4:00pm – Pacifico Happy Hour and US Open Broomball Tournament at the Solaris Ice Rink

7:00pm – FREE Live Music at Solaris: Twiddle double set, also featuring DJ Cre8

 

There’s never a dull moment at the Burton US Open. Keep your eyes out for daily updates on the competition, concert and entertainment schedule, live webcast, and all that’s going on this week in Vail, Colorado. See you in the Vail Village! Be sure to pop into our Gateway Real Estate office located above the International Bridge in the Sitzmark building! Happy to send you any information on Vail Valley market trends per request, contact me at Lai@GatewayToVail.com

Great news Winter adventurers…Vail Resorts just made their expansion official this past Tuesday to Vermont, Stowe Mountain. Pass holders can enjoy this great escape next season as it will be included in the pass holder boundaries.

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Vail Resorts deal with Stowe Mountain in Vermont includes mountain operations including skier services of food, retail and rental operations. The lift ticket offices and ski school facilities are also included in the deal. So you’ll feel at home in Vermont as you do in Colorado!

For more information on what’s new and exciting in and around Vail Valley please contact me at, Maxine@GatewayLand.com

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The Burton US Open Snowboard Championships returns to Vail February 27 – March 5 with over 100 of the world’s best riders competing for days of intense and progressive riding!

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Beyond the competitions, be sure not to miss the USO Sponsor Village with LOTS of free giveaways at Golden Peak. If you can’t make it to spectate this incredible events, don’t worry… The Solaris right in the heart of Vail Village will be airing the competitions with live feeds on huge television screens. \

Transportation; if you are relying on local free rides in and out of the Village be mindful that there may not be as reliable transportation as there usually is in the Vail Village due to large crowds and event placement.  Good news; weather is supposed to be AMAZING therefore making foot travel super advantageous! As always and especially with fun busy events in Vail DO NOT DRINK AND DRIVE. There’s always a safer, easy way to get around town! Also, where else could you possibly need to be other than Vail Village?!

Olympic Medalists such as Mark McMorris, Kelly Clark, Ayumu Hirano, Jamie Anderson and many more will battle it out to make snowboarding history in 2017. Burton continues to partner with us here in the Town of Vail for it’s fourth consecutive year to bring the best competitive snowboarding event in the world to Golden Peak! Keep posted to our blog to check out the incredible music acts that will be here in Vail to enjoy the fun!

For more information on Real Estate in the Vail Valley please contact me, Lai at Lai@GatewayToVail.com or 970-471-2207

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Great news for Beaver Creek lift, Drink of Water….Soon renovation begins to cut chair lift times IN HALF as well as add more riders to the lift by making the chair larger!

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Updates to the hill pump up riders as we are all advantageous to get as many turns in on the hill as possible. Vail Resorts is reportedly spending nearly $100 million dollars in the guest experience for the 2016-2017 Winter season.

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For more information on whats happening around Vail contact me, Maxine at Maxine@GatewayLand.com

For more information on Vail Valley Real Estate please call our Vail Village office at 970-790-6777

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Vail Mountain School is excited to bring back the Telemark Sprint Classic!!!

This awesome family events is open to the public; the course includes a unique 360 degree banked turn called a , “reipelokke” and an uphill skate at the end of the course.  Even if you aren’t a participant it’s a neat event to spectate!
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We’re so lucky here in Colorado for our schools to have opportunities for students that include neat sports like telemark skiing. Enjoying our states surroundings is what it’s all about here!

This event takes place at Golden Peak in Vail and will begin after registration hours that are; 8AM-9:30AM. Cost is $40 which includes a BBQ after the race!

For more information on community events in wonder Vail OR for any answers to your real estate inquires please contact me, Lai at Lai@GatewayToVail.com 

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Free your heel, free your mind, telemark skiers say…..

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Northwoods Express is a legendary lift on the front side of Vail Mountain, serving moderate and advanced terrain for wild riders. The new lift will reduce wait times and increase capacity by 25%! The increase will also improve the flow of skiers and snowboarders to Vail’s epic Back Bowls and Blue Sky Basin throughout the day, as well as create a better flow of traffic exiting Blue Sky Basin and moving across the mountain at the end of the day.

If you ride as often as I do on Vail’s awesome mountain you can understand my utter excitement for this addition! I feel like this expansion will create more space for riders; as there is more access to terrain via the Northwoods lift #11!

Check out this awesome quote from Doug Lovell – chief operating officer here at Vail Mountain… “The replacement of Northwoods will impact a key area of the mountain, especially at the end of the day, as guests are leaving Blue Sky Basin and making their way west,” said Lovell. “Every time we upgrade a lift at Vail, we are enhancing the guest experience on the mountain, and that experience has been completely transformed since 2007. We are allowing guests more time to explore the terrain and less time waiting in line or riding a chairlift.”

This six-passenger lift to debut during the 2017-2018 winter season. The new lift marks the 10th lift replacement in the last 11 years at Vail.

For more news on what’s happening in beautiful Vail Village come on in our Vail office located near the International Bride!
Maxine@GatewayLand.com 
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