Vail Resorts has announced their key capital investments for the 2020/2021 North American Ski Season. With Vail being the new owner of Crested Butte Mountain Resort (CBMR), this is exciting news. These major capital improvements are intended to enhance the skier’s experience on the mountain. From faster lifts to expanded restaurants, their goal is to make getting around their resorts easier.
“We are thrilled to welcome guests to all of our resorts as the 2019/20 North American ski season kicks off with several transformational enhancements to the guest experience. From state-of-the-art snowmaking systems which ensured terrific early season terrain at Vail , Beaver Creek and Keystone, to new and improved experiences at Park City, Breckenridge, Okemo, Stevens Pass and Crested Butte,” said Vail Resorts chairman and chief executive officer Rob Katz.
The new projects in store are all part of Vail’s 2020 capital plan. Approximately $210 million to $215 million has been designated to scale the company’s growing business while enhancing the guest experience. This capital investment builds on the projects already slated for the 2019 calendar year. Those investments were estimated to be between $190 million and $195 million. While CBMR has already seen upgrades such as the expanded wifi, we look forward to what additional improvements Vail has in store.
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