Sundance Mountain Resort’s Post

"Bergman is not just new terrain for Keystone visitors, it’s like an entire new ski resort, with some of the best snow and best views on the mountain, all super easy to access." From the addition of Bergman Express to the anticipated debut of Kindred Resort, Larry Olmsted's recent Forbes article makes a tremendous argument for why Keystone Resort is, in his words, “The Next Big Thing.”

💡 Pro Tip 💡 Transform your vacation rental property and attract more guests by adding a hot tub to the amenities lineup! In colder climates near ski slopes, a hot tub becomes an irresistible luxury, offering guests a warm, relaxing soak after a day of skiing, hiking or snowmobiling. Even for those who prefer indoor activities, the allure of a spa as a luxurious way to unwind is undeniable. As the seasons change, a hot tub remains a draw, especially during cool mornings and brisk twilight in the summer and shoulder seasons. Guests will appreciate the opportunity to relax and spend quality time with family and friends in the hot tub, making your property stand out. Moreover, adding a hot tub allows you to increase rental rates strategically. Set yourself apart from the competition, justify a rate increase and enhance your property's appeal, ensuring a return on your hot tub investment. #BishopsOutdoorLiving #VacationRentails #RealEstate

The evolution of Keystone is continuing. According to Forbes: Keystone is quickly being elevated to the coveted status of “The Next Big Thing." "The next big thing at Keystone is Kindred, one of the most high-profile non-terrain additions in American skiing. Kindred is a combination base lodge, ski-in/ski-out luxury residences, hotel and private club. That sounds like a lot, and it is a lot, as the project, now well under way, is huge. What’s most amazing about it is that it occupies the very best real estate at the resort, right at the main gondola base. There are almost no ski resorts in the world that still have this prime spot..." Thanks to Larry Olmsted from Forbes for being the first to cover the bigger story of Keystone's evolution from a hidden gem into a luxury player in the family resort arena on a global stage. We have new terrain, a new town and soon a new base area with the first luxury ski-front hotel and lodging at Kindred. #newhotel #newconstruction #coloradorealestate #mountainrealestate #skiresort #keystone #colorado #skiindustry

This is a fascinating look at how segmenting on ability for a single unmet need - resort overcrowding - can lead to vastly different strategies. *For the affluent and price-insensitive*, the Yellowstone Club innovated exclusive skiing privileges for members, who must pay $400k upfront, $40k annually, and purchase/build a $3M property. Their model creates a highly exclusive skiing experience, catering to the wealthy looking to avoid public resort crowds. *For the less affluent*, public resort operators innovated dynamic pricing, multi-resort passes, and tech integrations. These quotes from the article grabbed and held my attention. *Epic Pass changed consumer behavior, increasing season pass sales by incentivizing early purchases.* "With the Epic Pass, skiers can now get unlimited skiing at a whole pack of resorts cheaply, but only by committing before the season starts." *Consolidation has led to higher prices and facilitated growth through price discrimination.*  "As the industry has consolidated, daily prices have soared, extracting more cash from price-insensitive skiers." *Locals are dissatisfied with overcrowding and the transformation of skiing culture.* "Locals started losing their shit at all of these people coming into town," and concerns about Vail being "the evil empire.” *Growth limiters include accommodation costs, staff shortages, environmental regulations, and physical capacity constraints.* "Vail may soon hit the limits of its ability to squeeze more skiers onto the slopes.” *Resorts are responding to these challenges by innovating.* Resorts like Powder Mountain and Yellowstone Club are adopting exclusive access models, focusing on real estate sales and private skiing experiences to remain independent and uncrowded. *Operators are shifting towards stability and profitability through strategic pricing and customer loyalty programs.* The skiing industry's reliance on market power and price discrimination is similar to airline, fast food, and retail trends. Going deeper, the article covers: Skiing Economics in Colorado Industry Transformation through Pricing and Consolidation The Economic Implications of Monopoly and Price Discrimination Challenges and Consumer Sentiment Alternative Skiing Models and Market Response Fascinating! https://lnkd.in/gmRyqxsz #SkiIndustry #TravelAndTourism #Innovation #CustomerExperience #jobstobedone #jtbd

Our fifth Camping & Outdoor Hospitality Report, reveals that 9 million camping and leisure traveler households are considering a wellness experience in 2024. Read this latest report and learn more about the future of wellness and travel: https://bit.ly/4bJtFW4 #TerramorResort #outdoorhospitality #wellness

2024 RESORT REPORT | The real estate market has stabilized in resort towns throughout the Western United States since the frenzied pace seen in 2021-2022. In 2023, there was a dip in several key metrics, including the number of properties sold and sales volume. However, the average sold price increased in 14 of 17 resort communities across the Mountain West profiled in this report. This average increase was 12.42%, demonstrating buyers’ ongoing desire for areas that offer year-round recreation like skiing, hiking, fly-fishing, and golf. Destinations with the largest jump in sold prices were Park City, Utah; Big Sky, Montana; and Sun Valley, Idaho. The average price per square foot also rose in 12 resort areas, ticking up by 4.5% in 2023. View the full report: https://lnkd.in/gVeMuKGz

If you're a company with multiple locations, and aren't proactively tracking your leases, you're putting your entire business at risk. Just ask Park City Mountain Resort What could've been continued years of cheap rent at the greatest location for skiing in the country turned into the most costly clerical error in the history of the ski industry. The culprit? Inadequate lease management Despite investing over $100 million into the resort, Powdr Corp failed to renew their lease in a timely manner, which was incredibly inexpensive at just $155,000 per year for ~2,800 acres of land. After a 3-year legal battle Vail Resorts won the right to operate Utah's most popular ski resort while Park City Mountain Resort became extinct. Don't let a simple oversight cost you 50+ years of operations. Ensure proper lease administration to safeguard your business. #LeaseManagement LeaseHero

Discover the perfect blend of adventure and luxury with glamorous camping. Upgrade your outdoor getaway and create unforgettable memories under the stars. 🌌 Ready to redefine your travel experience? Plan your dream glamping trip at https://wix.to/hKgJdgO today. ⛺ #LuxuryCamping #OutdoorElegance #AdventureAwaits Check out my blog post https://wix.to/O4tsMTA #newblogpost

Winter Wonderland in Treasure Valley: Embracing the Snow Treasure Valley, a hidden gem in the heart of Idaho, transforms into a picturesque winter wonderland as the snow begins to blanket its expansive landscapes. The arrival of snow marks a special time for residents and visitors alike, offering a unique blend of serene beauty and vibrant community life. The valley, encompassing Boise, Meridian, and surrounding areas, boasts a distinct winter charm. Snowfall here isn't just about the cold; it's about the community coming together to celebrate the season. Local events, from festive markets to community gatherings, bring warmth to the chill in the air. The snow also brings with it an array of outdoor activities. Skiing enthusiasts can revel in the nearby ski resorts, while families can enjoy sledding or building snowmen in their backyards. For those considering real estate in Treasure Valley, the winter season offers a glimpse into the tight-knit community spirit that defines the area. Homes here are not just structures; they are part of a community that values connection, nature, and a balance of urban and rural living. Whether it's a luxury home overlooking a snow-covered landscape or a cozy family residence nestled in a peaceful neighborhood, Treasure Valley's real estate offers something special for everyone, especially for those who appreciate the beauty of the seasons. The snow in Treasure Valley isn’t just a weather phenomenon; it's a backdrop to a lifestyle that celebrates community, nature, and the joy of living in one of Idaho's most coveted regions. As the snowflakes gently fall, they remind us of the serene beauty and the vibrant life that awaits in Treasure Valley. If you or someone you know is looking to buy or sell, we'd love to help - there's Snow better agents in the Valley!

So great to see amazing logos! Thanks to NetSuite these businesses operate at its best efficiency! Amazing to see logos that use integrations that we at Nova Module built for them in the Celigo’s platform! 💥👏👍 #integrations #digitaltransformation #celigo #novamodule #netsuite #ipaas