Friday, March 18, 2011

Vail Resorts announces $30 million financial commitment to Northstar at Tahoe improvments


March 9, 2011
Courtesy of Vail Resorts Newsroom:


Vail Resorts, Inc. (NYSE:MTN) today announced its plans to spend $30 million on major capital improvement projects at its newest mountain resort property, Northstar-at-Tahoe Resort near Lake Tahoe, Calif., that will greatly enhance the guest experience both on the mountain and in the Village at Northstar for the 2011-2012 winter season.  Plans include the installation of a new high-speed chairlift that will service expanded gladed terrain and additional ski trails, increasing the skiable terrain by 10 percent, construction of a new 500-seat on-mountain restaurant, and new national retail outlets and a signature restaurant in the Village at Northstar to bring additional energy and nightlife to the popular mountain village.

Read more of the article: http://news.vailresorts.com/article_display.cfm?article_id=1284

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