Source: Vail Resorts, Whistler Blackcomb Newsroom – 7 December 2017
BROOMFIELD, Colo. – Dec. 7, 2017 – Vail Resorts, Inc. (NYSE: MTN) today announced that the Company plans to make an historic investment of CAD$66 million (USD$52 million) at Whistler Blackcomb this season focusing on three new lifts at the heart of the resort. This transformative investment features the addition of a new gondola on the Blackcomb side of the mountain, as well as several other lift infrastructure upgrades, providing quicker, easier access to all levels of terrain. The plan also represents the largest single-year capital investment program in the resort’s history, and the Company’s decision to accelerate the mountain improvements included in the Renaissance plan, while deferring consideration of the new water park.