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Alterra Mountain Co. investing US$550 million over next five years in capital improvements

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Mountain Technology,


Alterra Mountain Co. has announced a swathe of capital improvements at its 12 mountain destinations across North America. US$555 million is to be spent over the next five years, of which US$130 million is set aside for the 2018 – 2019 winter season: investments will include a new gondola and three new chairlifts.

Rusty Gregory, CEO, Alterra Mountain Co., said:

“It is our commitment to invest in each of our destinations in order to grow the sport, offer a variety of activities, inspire loyal guests and instill a love of the mountains in all that visit. We do that through thoughtful and innovative capital investment that improves a guest’s experience, while we continue to support and preserve the character and traditions of each destination.”

The Zephyr Express quad at Winter Park Resort in Colorado, US, is to be replaced by the Zephyr Gondola. Scheduled to begin operating in the forthcoming winter season, the gondola will boost uphill capacity to 3200 customers per hour, decrease waiting times by 15 minutes during peak season and deliver quicker service to the Seven Territories of the mountain and the Lodge at Sunspot.

In addition, the 42-year old snowmaking system will be upgraded with energy efficient systems; Alterra hopes that the mountain’s base elevation of 9000 ft will mean that, with an enhanced snowmaking system, Winter Park will be able to begin its season earlier than usual.

At Stratton in Vermont, US, a new high-speed detachable lift will be installed, improving accessibility for entry-level skiers and easing choke points, while visitors to Tremblant in Quebec, Canada, will enjoy a new high-speed 4-passenger detachable chairlift that is set to increase uphill capacity by 33%.

With the installation of a new snowmaking system at Snowshoe in West Virginia, US, more trails are expected to be open from early December, while electricity consumption will be reduced.

Additional capital improvement projects will be announced in the fall.

Read the article online at: https://www.mountaintechnologymagazine.com/mountain-tourism/13032018/alterra-mountain-co-investing-us550-million-over-next-five-years-in-capital-improvements/

 

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