Category Archives: Resorts

First Phase of Snowmass’ $1B Ski Resort Base Development Opens

Snowmass, CO – Developers of the new $1 billion ski resort base village in Snowmass Village have announced the completion of the first phase of development for the 2007-08 ski and snowboard season. As Aspen Skiing Company is also completing $80 million in improvements to Snowmass Mountain, Snowmass is undergoing a complete renaissance. The first … Continue reading First Phase of Snowmass’ $1B Ski Resort Base Development Opens

Ski & Snowboard Festival at Michigan’s Timber Ridge Ski Area

Gobles, MI – This Saturday marks the Third Annual Kalamazoo Ski & Snowboard Festival, being held this year at Timber Ridge Ski Area in Gobles. This year’s Festival highlights include a Big Air exhibition, an open Rail Jam, live music, exhibitor booths, giveaways and the local premiere of Teton Gravity Research’s new ski film. nTwins … Continue reading Ski & Snowboard Festival at Michigan’s Timber Ridge Ski Area

New $400M Resort Approved at Belleayre Mountain Ski Area

Highmount, NY – New York State Governor Eliot Spitzer on Wednesday announced an agreement on a major new ski resort complex in the Catskills – the largest and most environmentally advanced development project in the region in generations – and the protection of over 1,400 acres of land. The agreement between Crossroads Ventures LLC, environmental … Continue reading New $400M Resort Approved at Belleayre Mountain Ski Area

Intrawest Adds New Season Pass Product Covering Its 3 Colorado Ski Resorts

Winter Park, CO – With its recent purchase of Steamboat Ski Resort, Intrawest has announced new season pass products that combine the northern Colorado ski area with the company’s other two in-state holdings, Copper Mountain and Winter Park Resort. Colorado skiers will need to act quickly, however, as the lowest price points are only available … Continue reading Intrawest Adds New Season Pass Product Covering Its 3 Colorado Ski Resorts

Jiminy Peak Celebrates North America’s First Ski Area Wind Turbine

Hancock, MA – Although “Zephyr” first began producing electricity on the afternoon of August 3, Jiminy Peak ski resort officials, other dignitaries and the media gathered Wednesday on a Berkshire Mountain ridgeline to celebrate the debut of North America’s first ski area wind turbine. North America’s first ski area wind turbine is now producing electricity … Continue reading Jiminy Peak Celebrates North America’s First Ski Area Wind Turbine

Vail Resorts Sues Over American Skiing Sale of The Canyons

Park City, UT – The fur is flying in both Utah and Colorado over American Skiing Company’s pending sale of its last remaining ski resort, The Canyons near Park City, Utah, to Talisker Corporation. Vail Resorts, one of America’s largest ski resort operators, has filed suit over American Skiing Company’s pending sale of The Canyons … Continue reading Vail Resorts Sues Over American Skiing Sale of The Canyons

$520M Mortgage Secured for Snowmass Ski Village Development

New York, NY – Hypo Real Estate Capital Corporation (HRECC), a member of Hypo Real Estate Group, this week announced it closed a $520 million four-year mortgage loan for the acquisition and development of the new Snowmass Base Village located at Snowmass ski and snowboard resort near Aspen, Colorado. This transaction closed on March 1, … Continue reading $520M Mortgage Secured for Snowmass Ski Village Development