Denver, Colorado, April 17, 2009—Citing the most recent lodging reservation data released by the Mountain Travel Research Program (MTRiP)* through March 31, occupancy for March 2009 was down 21.3 percent and average daily rate was down 16.6 percent compared to March 2008. Season-to-date results show occupancy down 16 percent and average daily lodging rates down nine percent for the overall season. Figures have remained consistent for the past three months and are thought to closely reflect anticipated end-of-season totals due at the end of April.
Waterville Valley Resort, New Hampshire, has been well known for its ski area, which features trails and activities for all ages and abilities.
In the mid-60s, Olympic skier Tom Corcoran scoured northern New England for just the right mountain to fulfill his vision of a year-round destination ski resort. When he saw Waterville Valley- which then had only a couple of rope tows and trails, an inn, and 500 acres of land for sale -Tom knew it was the place. The region is a snow pocket, and the U.S. Forest Service had already mapped Mount Tecumseh as a potential ski area. With guaranteed forest around its borders, Corcoran knew he could limit development by purchasing almost all of the privately held land in the valley.
Colorado Mountain Express was purchased for $38.3 million in November, 2008
BROOMFIELD, COLO.— Vail Resorts, Inc. (NYSE: MTN) announced in November that it closed its transaction to acquire the resort ground transportation business, Colorado Mountain Express (CME), for a total consideration of $38.3 million, which amount will be adjusted for the final balances of certain working capital related accounts as well as the obligation of Vail Resorts to reimburse the seller for certain new capital expenditures.
The topsy-turvy world of Le Massif, Quebec, and how Cirque de Soleil's cofounder sees it as his next creative challenge.
It’s not every day you see a skier on stilts, but exceptions are increasingly the rule at Le Massif, Quebec, a refreshingly unusual resort just downstream from Quebec City on the left bank of the St. Lawrence River. Long renowned for its upside-down layout—you park at the top, where the main lodge is, then ski down some 2,500 vertical feet toward the river—Le Massif is poised to turn the entire resort experience upside down.
Get deals at Stowe, Vail, Aspen, Santa Fe, and Squaw before December 17.
Englewood, Colo. – Skiers and snowboarders can hit some of the nation’s finest slopes for less this winter with Destination Hotels Resorts numerous early-season ski packages. Even the most discerning skiers will have no problem selecting a resort from Destination’s elite mountain collection, which boasts properties in such premiere winter locations as Aspen, Vail, Lake Tahoe and now Stowe, Vt.