Plans For Significant Investment To Continue At Park City Mountain For The 2018-19 Season

Vail Resorts, Inc. (NYSE: MTN) today announced that the Company will make significant capital improvements at the largest ski resort in the United States, Park City Mountain in Park City, Utah, slated to debut for the 2018-19 winter season.  

  • Park City Mountain furthers its focus on premier family experiences, mountain dining excellence and guest service on the heels of $50 million in improvements, which were deemed the most impactful capital program in U.S. ski history   
On the heels of an historic $50 million investment to connect Park City and the former Canyons resorts into the largest mountain resort in the U.S., coupled with massive upgrades to lift infrastructure and on-mountain dining in 2015, Vail Resorts plans to continue with Park City Mountain’s transformation by focusing significant investment to elevate the on-mountain dining and family skiing and snowboarding experience for guests. Park City Mountain remains committed to offering the premier family ski and snowboard experience and to being the definitive choice for signature on-mountain culinary excellence that complements the vibrant food scene in town.   
 
“The continued investment at Park City Mountain just a few years after integrating Canyons and Park City demonstrates Vail Resorts’ commitment to continually reinvest in the core mountain experience for our guests,” said Bill Rock, chief operating officer of Park City Mountain. “These significant improvements in contemporary mountain dining and a dedicated family and beginner area will elevate the guest experience even further at the country’s largest mountain resort.” 
 
New learning area for beginners, children and families:
Slated to debut in the 2018-19 winter season, the High Meadow Family Fun Zone at Canyons Village will offer guests a dedicated learning area at the new High Meadow four-passenger list. The existing High Meadow four-passenger lift will be replaced with a high-speed, four-passenger lift, increasing uphill capacity by 50 percent and shortening overall ride time by 70 percent. Additional snowmaking throughout the area’s gentle slopes will further ensure guests ideal snow surface conditions for learning. The Family Fun Zone will enhance the experience for beginner skiers and snowboarders by reserving the best learning terrain in Utah to provide a safe, fun and easy learning environment for ski and snowboard school guests, children and families. The addition of a new Candy Cabin within the Family Fun Zone will beckon guests to savor a sweet treat and chocolates during a rest break.  
 
Commitment to culinary excellence and mountain contemporary style continues:
Park City Mountain’s iconic Mid-Mountain Lodge will undergo a transformative interior renovation to create a signature mountain and dining experience of relaxed mountain luxury, while preserving the historic nature of the 120-plus-year-old historic miners’ boarding house. New dining options will reflect the region’s marked notoriety for superb cuisine with chef-driven menus featuring high-quality ingredients and innovative presentation. Cloud Dine, which was completely remodeled in 2014 as a modern, mountaintop bistro, will gain an additional 200 seats to increase guest capacity by more than 60 percent. Cloud Dine remains one of Park City Mountain’s most popular dining locations and the new addition will ensure that the guest’s dining experience at the location is elevated to match the superior quality and presentation of the food.          
 
Projects at Cloud Dine and the Mid-Mountain Lodge restaurants represent a continued focus on creating unique culinary experiences throughout the resort. With Park City’s dining investments, every major on-mountain restaurant has been reimagined within the last three years. All of these projects are subject to regulatory approval.

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