Category Archives: Resorts

Vail Logs 21% Increase in Season Pass Sales, Reports Strong Early Ski Season Bookings

Broomfield, CO – Vail Resorts, Inc. (NYSE:MTN) today announced financial results for the first quarter of fiscal 2007 ended October 31, 2006, including a 21% increase in season pass sales over same period in the prior year and strong advance bookings for the 2006-07 ski and snowboard season. At the same time, the company announced … Continue reading Vail Logs 21% Increase in Season Pass Sales, Reports Strong Early Ski Season Bookings

N.J. Indoor Skiing Project Refinanced

Newark, NJ – Colony Capital Acquisitions, LLC has completed its recapitalization of the Meadowlands Xanadu, taking over from the Mills Corporation the new project that will bring indoor skiing to northern New Jersey as the first snow dome in North America. The giant 2.2 million square-foot development will feature sports, leisure, shopping and family entertainment … Continue reading N.J. Indoor Skiing Project Refinanced

Sale of Ski Resort Operator Intrawest Approved

Vancouver, Canada – Ski resort operator Intrawest Corporation today announced that the proposed sale of the company Fortress Investment Group LLC has been approved by Intrawest securityholders. At the special meeting of Intrawest shareholders and optionholders held this morning, the sale was approved by more than 99.9 per cent of the securityholders voting. Intrawest’s holdings … Continue reading Sale of Ski Resort Operator Intrawest Approved

Could Tunnels Connect Seven Utah Ski Resorts?

by Marc Guido Salt Lake City, UT – The office of Utah Governor Jon Huntsman, Jr. will convene a meeting on November 3rd to discuss potential future transportation options to improve access amongst the state’s four Cottonwood Canyons ski resorts (Alta, Brighton, Snowbird and Solitude) and its three Park City resorts (Deer Valley, Park City … Continue reading Could Tunnels Connect Seven Utah Ski Resorts?

New Indoor Ski Dome Proposed for Las Vegas

Las Vegas, NV – A group of former Disney and Universal Studios executives, designers, architects and engineers have teamed up to propose a new destination resort in Las Vegas featuring an indoor ski dome as well as North America’s largest indoor water park, two hotels, a casino, an events arena, and retail and dining options. … Continue reading New Indoor Ski Dome Proposed for Las Vegas

Kashmir Ski Resort Brings Himalayan Skiing to New Heights

Gulmarg, India – The only international-level ski and snowboard resort in the Himalayas, Gulmarg in the India-controlled portion of Kashmir, has announced snow safety and grooming plans for its second winter of full operation. Gulmarg’s gondola ascends 4,364 vertical feet from the village on a shelf in the Pir Pinjals to 13,058 feet on Mt. … Continue reading Kashmir Ski Resort Brings Himalayan Skiing to New Heights