The Economics
Project Cost
Projected cost os estimated at approximately $40-50 million (CDN).
Financing
Intrawest is seeking a joint venture partner on this project so that we can preserve capital for future investments in Whistler Blackcomb. We will remain the operator to ensure a seamless experience for our guests.
Cost to Ride
Pricing and packaging has not been finalised however, the cost to ride will be based on an opt-in additional fee for use. We estimate that a season pass upgrade,for unlimited use of the Peak to Peak will be approximately $59
Consumer Research
(survey data collected winter 2005 on Whistler and Blackcomb Mountains)
75% of all respondents initial reaction to the Gondola concept was strongly positive
67% of skiers/boarder indentified time saving and convenience as the most frequently identified advantage. The second most common advantage was more run choices.
When asked "How often would you expect to use this gondola in a season?"
9% All of the time
27% Most of the time
56% Some of the time
7% Never
1% Don't Know
ChrisC":i8vgvbtc said:My favorite thing....
Overall, if Whistler can find someone else to pay for this --- and allows them to build more condos at the Creekside base with quick transfer to Blackcomb. Good for their corporation.
But Whislter has not really improved the experience since 2000 -- and liftlines on Harmony, 7th Heaven, and other lifts are not pleasant.
AND QUOTING THE NEWS RELEASE:
"... In the past four years, winter hotel-room bookings in Whistler have fallen by a cumulative 20 percent, a decrease that has prompted the local tourism sector to call for a larger marketing budget... "