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Vail Resorts announces record capital plan for 2013

Vail Resorts announces record capital plan for 2013

10 March 2013 Press Release Hotel News

Vail Resorts, today announced its calendar 2013 capital expenditure plan.  The Company’s 2013 capital plan includes a high-impact new lift, significant terrain expansion, a new restaurant and the fourth generation of EpicMix, as well as $25 million in spending for the first phase of its new summer operations and nearly $10 million in upgrades for each of the recently acquired Afton Alps and Mt. Brighton, resulting in the largest number of planned improvements in the Company’s history.

Profits on downward slope at Vail Resorts

27 September 2010 Organisations & Operators

Vail Resorts has reported a widening fourth-quarter loss as operating expenses continue to increase. The Colorado-based ski resort operator revealed it lost $41.9 million in the three months ended July 31st 2010, compared with $38.7 million a year ago.