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BUSINESS
February 22, 2012 | By Hugo Martin
Vail Resorts Inc., one of the largest ski resort operators in North America, has agreed to spend $18 million to acquire Kirkwood Mountain Resort along with undeveloped land at the base of the mountain in Lake Tahoe. The deal would give Vail ownership of three of the seven major resorts around Lake Tahoe: Heavenly, Northstar and now Kirkwood. Lake Tahoe on the California-Nevada border is encircled by seven major ski resorts and several smaller ski and cross-country operations in the Sierra Nevada.  Vail Resorts, a publicly traded company, is considered among the largest resort owners in North America.
ARTICLES BY DATE
NEWS
September 13, 2013 | By Brian E. Clark
The Hyatt Mountain Collection -- which features three of the Hyatt brand's top mountain resorts and lodges in Lake Tahoe, Utah and Colorado -- is offering avid skiing and boarding guests a snowy deal this winter.  When schussers book a three-night stay (nine nights' total) at each of  three properties in the collection - - Park Hyatt Beaver Creek Resort & Spa in Colorado, Hyatt Escala Lodge at the Canyons outside Park City and the Hyatt Regency Lake Tahoe Resort, Spa & Casino -- they will receive a complimentary Vail Resorts' Epic pass for the 2014-2015 winter season.
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BUSINESS
March 27, 2002 | Bloomberg News
Vail Resorts Inc. agreed to buy the Heavenly Ski Resort near Lake Tahoe on the Nevada-California border from American Skiing Co. for $96million to $99 million in cash. Vail, which owns resorts in Vail and Beaver Creek, Colo., said it will spend $25 million over the next five years to replace lifts, add restaurants and improve the snowmaking system at Heavenly. Vail, Colo.-based Vail Resorts shares rose 45 cents to $21.40, and American Skiing shares were unchanged at 26 cents, both on the NYSE.
NEWS
September 2, 2013 | By Mary Forgione, Daily Deal and Travel Blogger
If your heat-baked brain is already contemplating ski season, you might consider a pass that's good at European ski areas as well as Colorado, Utah and California resorts. The 2013-14 Epic Season Pass from Vail Resorts recently added five free days of skiing and riding at Les 3 Vallees in France, an area that includes resorts at Courchevel, La Tania, Meribel, Brides-les-Bains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle. It's also good for five days at Verbier , Switzerland, and Arlberg, Austria.
NATIONAL
October 19, 2003 | From Associated Press
A federal agency has fined Vail Resorts $80,100 for violating the Clean Water Act during its development of new powder-skiing terrain, an amount environmentalists say is too low. The Environmental Protection Agency had said it was considering a $200,000 fine against the ski resort, but announced the lesser fine late Friday. "The fine is nothing. It should clearly be 10 or 20 times that much," Rocky Smith, of the environmental group Colorado Wild, said Saturday.
CALIFORNIA | LOCAL
September 19, 2008 | From Times Staff and Wire Reports
William "Sarge" Brown, 85, who as mountain manager at Vail, Colo., helped develop the resort into one of the world's top ski areas, died Sunday at his home in Grand Junction, Colo., Vail Resorts officials said. Brown introduced cutting-edge snowmaking, grooming and trail-cutting technologies as mountain manager from 1970 to 1989. He installed Vail's first snowmaking equipment, at Golden Peak, in 1970, and pioneered overnight grooming, now an industry standard. Born in Cascade, Idaho, on Oct. 5, 1922, Brown learned to ski as a child and competed on the football and ski teams at the University of Idaho.
BUSINESS
July 24, 1996 | Times Staff and Wire Reports
Vail Resorts to Buy Ralcorp Unit: Vail Associates Inc., owner and operator of the Vail and Beaver Creek ski resorts, said it will acquire Ralcorp Holdings Inc.'s ski and resort operations for about $310 million. Under the agreement, Vail Resorts would assume $165 million of Ralcorp debt and Ralcorp will get about 25% of the combined company, which would have five resorts within a 40-mile radius and annual revenue of about $300 million.
BUSINESS
December 24, 1999 | Bloomberg News
A white Christmas is warming the hearts of Vail Resorts Inc. shareholders. Vail's stock (ticker symbol: MTN) has risen 28% in the last three weeks as heavy snowfall in Colorado appears to have salvaged the season for the biggest U.S. ski resort operator. The shares climbed from an eight-month closing low of $15.94 on Dec. 2 to $20.38 Thursday on the NYSE. By comparison, the Russell 2,000 index of smaller stocks rose just 5% in the last three weeks.
BUSINESS
November 22, 2012 | By Hugo Martín, Los Angeles Times
The nation's ski industry suffered an epic wipeout last season, with the least snowfall in decades and one of the steepest drops in skier visits on record. But instead of retrenching, resort owners are opening their wallets wide on upgrades and expansions. One of the biggest jumps in spending is taking place at the snow-covered peaks around Lake Tahoe, where resorts are in the midst of a spending splurge of more than $100 million over the next five years. The flurry of spending began two years ago and includes a newly built on-mountain lodge at Northstar California and a mile-long terrain park at Alpine Meadows, plus new lifts and upgrades to snow-making equipment at several resorts.
BUSINESS
November 21, 2012 | By Hugo Martin
The nation's ski industry suffered one of the worst snowfalls in decades last season and the second-steepest year-over-year decline in skier and snowboard visits on record. But that hasn't stopped the resort owners around Lake Tahoe from investing mountains of money--more than $100 million--to expand the terrain and make capital improvements. The spending began two years ago and will continue for several more years. Join us for a live video chat at 3 p.m. on the improvements underway at the Lake Tahoe resorts.
NEWS
December 20, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
Olympic gold medalist Shaun White will lead a sparkling cider and s'mores toast to Northstar California ski resort at its 40th Birthday Bash on Saturday. The all-day event at the Lake Tahoe area resort starts at 7:30 a.m. with first tracks skiing and breakfast ($80 per person) and continues with snowshoe races at 11:30 a.m. ($20 to $40 per person) and live bands throughout the day. Folks can gather at 3 p.m. at Northstar Village to catch the toast and some entertainment for free.
TRAVEL
December 9, 2012 | By Irwin Curtin
In real estate, it's "location, location, location. " At ski resorts throughout the West this winter, it's "price, price, price. " The good news for snow sliders: One lesser-known resort, some of the usual (or unlikely) suspects and four historically competitive-yet-now-cooperative mountain destinations are offering great deals. Beyond their annual efforts to fill chairlifts, restaurants, bar stools and beds, resorts are reacting to last winter, which was among the mildest and driest nationally in 20 years.
BUSINESS
November 22, 2012 | By Hugo Martín, Los Angeles Times
The nation's ski industry suffered an epic wipeout last season, with the least snowfall in decades and one of the steepest drops in skier visits on record. But instead of retrenching, resort owners are opening their wallets wide on upgrades and expansions. One of the biggest jumps in spending is taking place at the snow-covered peaks around Lake Tahoe, where resorts are in the midst of a spending splurge of more than $100 million over the next five years. The flurry of spending began two years ago and includes a newly built on-mountain lodge at Northstar California and a mile-long terrain park at Alpine Meadows, plus new lifts and upgrades to snow-making equipment at several resorts.
BUSINESS
November 21, 2012 | By Hugo Martin
The nation's ski industry suffered one of the worst snowfalls in decades last season and the second-steepest year-over-year decline in skier and snowboard visits on record. But that hasn't stopped the resort owners around Lake Tahoe from investing mountains of money--more than $100 million--to expand the terrain and make capital improvements. The spending began two years ago and will continue for several more years. Join us for a live video chat at 3 p.m. on the improvements underway at the Lake Tahoe resorts.
NEWS
April 13, 2012 | By Chris Erskine, Los Angeles Times Staff Writer
Costumed runners will splash and crawl through two dozen mud and water obstacles at the Temecula Mud Run April 21. The inaugural event will be at Galway Downs, a 260-acre equestrian events center just east of Temecula off of Highway 79S. Entry fees are $60 for adults and $20 for kids ages 5 - 17. For more information or to sign up, click here . . . . Mountain High Resort in Wrightwood reopens Saturday and Sunday from 9 a.m. to...
BUSINESS
February 26, 2012 | By Roger Vincent
Two Bunch Palms Resort & Spa, one of the region's oldest mineral water spas, was bought by a show biz consortium for nearly $10 million. Hollywood producers Steve Markoff, Donald Kushner and Elie Samaha bought the rambling 52-room resort in Desert Hot Springs with Westside real estate developer Gidi Cohen. The new owners said they will immediately begin an upgrade of the 270-acre property. “We are laying the groundwork for major renovations throughout the resort, including a joint venture with a widely successful spa operator and expansion to include stand-alone 3,000-square-foot villas, senior housing and a private postoperative surgery rehab facility,” Cohen said.
NEWS
September 2, 2013 | By Mary Forgione, Daily Deal and Travel Blogger
If your heat-baked brain is already contemplating ski season, you might consider a pass that's good at European ski areas as well as Colorado, Utah and California resorts. The 2013-14 Epic Season Pass from Vail Resorts recently added five free days of skiing and riding at Les 3 Vallees in France, an area that includes resorts at Courchevel, La Tania, Meribel, Brides-les-Bains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle. It's also good for five days at Verbier , Switzerland, and Arlberg, Austria.
BUSINESS
February 22, 2012 | By Hugo Martin
Vail Resorts Inc., one of the largest ski resort operators in North America, has agreed to spend $18 million to acquire Kirkwood Mountain Resort along with undeveloped land at the base of the mountain in Lake Tahoe. The deal would give Vail ownership of three of the seven major resorts around Lake Tahoe: Heavenly, Northstar and now Kirkwood. Lake Tahoe on the California-Nevada border is encircled by seven major ski resorts and several smaller ski and cross-country operations in the Sierra Nevada.  Vail Resorts, a publicly traded company, is considered among the largest resort owners in North America.
TRAVEL
December 11, 2011 | By Louise Hudson, Special to the Los Angeles Times
The first rule of skiing: There are no friends on a powder day. Technology has infiltrated every corner of our lives, but really, the idea of tweeting my snow stashes is sacrilege. In the spirit of keeping up with the technology, however, I set aside my skepticism/cynicism/self-interest to see whether anything could improve on what is already, for me, a great experience. And, at Vail Resorts, maybe even a picture-perfect one. Back in the day, pushy photographers made money by photographing skiers against mountain backdrops.
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