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CNL Properties Buys Okemo, Crested Butte, and Sunapee

Relationship with family-owned Triple Peaks, LLC provides immediate capital and long-term stability for top-ranked ski mountains

(ORLANDO, Fla.) Dec. 5, 2008 – CNL Lifestyle Properties, Inc., a real estate investment trust
(REIT) focused on lifestyle properties, announced today its acquisition of the privately held
assets of three ski and mountain lifestyle properties: Vermont’s Okemo, Colorado’s Crested
Butte and New Hampshire’s Mount Sunapee. CNL Lifestyle Properties is purchasing the resorts
from family-owned Triple Peaks, LLC and leasing the properties back to Triple Peaks to
manage the ski, golf, hospitality and conference operations under a long-term lease.


Fueling Change: Skiing In a Weak Economy

Rising fuel prices are altering the economics of the great American ski vacation, as skiers and resorts cope with the increased costs of flying and driving.

Harriet and Jerry Warner are waving goodbye to an old traveling companion this winter—their skis. “We’re renting this season,” Harriet Warner says, “for the first time in about 30 years.”

The reason: new airline fees of up to $150 for checked baggage. The Somerset, N.J., couple determined it would cost $500 or more to fly two pairs of skis on their five trips this winter. The fees prompted the Warners to forgo purchasing new skis. “We realized it didn’t make sense to spend almost $2,000 on new equipment and then have to pay these ridiculous fees to bring it.”

On Skiing: A Vanishing Sport

A parent’s most valuable gift might be bridging the past to the future. What if that bridge melts away?

In April of 1983, with my buddy Stan Tener of the Snowmass ski patrol and photographer Del Mulkey, I skied the Haute Route from Chamonix toward Zermatt. For five days, we climbed steep couloirs, traversed high cols, and skinned up and cruised down long, undulating glaciers—60 miles of frozen highway. We did it on “pins.” In those days, this meant three-pin bindings, narrow “norpine” skis and leather telemark boots.

Red Mountain has an Exciting Line-Up of Events Planned for the 08/09 Season

Ski Free, Eat breakfast with Santa, and enter a competition at Red Mountain this winter.

ROSSLAND, B.C. - Red Mountain Resort is all geared up for the upcoming ski season and is pleased to announce their schedule of events for 2008/09. Back by popular demand, Red kicks off the season with another Ski Free Day on December 19. From New Year's Eve celebrations and Spring Break festivities to the epic competitions and after parties, Red is offering events that appeal to all levels of skiers, boarders, families, kids, teens, couples and snow lovers!



December 5, 2008: Opening Day



December 19, 2008: Ski Free Day

Red Mountain Announces Line-Up of Events for 08/09 Season

Ski Free, Eat breakfast with Santa, and enter a competition at Red Mountain this winter.

ROSSLAND, B.C. - Red Mountain Resort is all geared up for the upcoming ski season and is pleased to announce their schedule of events for 2008/09. Back by popular demand, Red kicks off the season with another Ski Free Day on December 19. From New Year's Eve celebrations and Spring Break festivities to the epic competitions and after parties, Red is offering events that appeal to all levels of skiers, boarders, families, kids, teens, couples and snow lovers!



December 5, 2008: Opening Day



December 19, 2008: Ski Free Day

Anatomy of a Boot

How plastic, steel, rubber, and leather come together to connect skier to ski.

GLOSSARY>>

>Liner: The removable inner boot, usually made of foams, leather, plastics and textiles; provides padding for the foot to protect it from the rigid shell


>Shell: The plastic exterior of the boot, usually comprising two components: the cuff and the lower shell


>Footbed: The removable platform—located inside the liner—on which the foot rests


>Bootboard: The platform inside the shell on which the liner rests, usually removable; also referred to by its Italian name, zeppa

Anatomy of a Ski

Ever wonder what’s under that topsheet? Knowing won’t change your life, but it might change your mind.

ANATOMY >>

>Topsheet: The top layer of a ski, typically a sheet of clear plastic with the ski’s graphics printed on its underside


>Laminates: Sheets of reinforcing material—usually metal or epoxy-impregnated fiberglass fabric—layered above and below the core

Chris Anthony Featured in Poster

VAIL, CO – August 1, 2008 - Warren Miller Athlete and Vail resident, Chris Anthony, is featured on a newly released vintage themed poster. The poster, featuring Anthony and Mount of the Holy Cross in Vail, was created by Dave McMacken.

The poster features Anthony, skiing down Mount of the Holy Cross, leaving a trail of snow behind him. If one looks closely in the snow, it is filled with several meanings and messages. On the left hand side the date May 22, 2006, is featured. On this date, Anthony skied the famous 14er with Chris Davenport.

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