Posted inBusiness, News, Outdoors

Slower growth in Epic Pass revenue, wider than expected first-quarter losses trigger steep drop in Vail Resorts stock

The rise of a competitor to Vail Resorts’ industry-transforming Epic Pass this year has slowed the growth in season-pass revenue for the continent’s largest resort operator, which on Friday announced a big boost in capital spending as yet another volley of a blossoming pass war. The market apparently did not like the decline in pass […]

Posted inBusiness, News, Outdoors, Politics and Government

With Colorado’s chances of landing the Olympics fading, the state is proposing a radical change: co-hosting

With Winter Olympics host cities falling like snowflakes, Colorado’s bid to stage the 2030 Winter Olympics hinges on national and international Olympic organizers embracing a new hosting model that would split events between different states, including a scenario that has Colorado and Utah co-hosting the 2030 Winter Games. For Colorado to win support from the […]

Posted inBusiness, Growth, News, Outdoors

A roadside hotel in Eagle is being transformed into affordable homes — and other housing-strapped resort communities are watching

EAGLE — Hammocks stretch over the former poolroom turned yoga studio. A dog and bike wash station fills what was once a sauna. An amply couched nook, lined with old skis, has replaced the check-in desk. “A lot of what we are selling is the experience of living here,” says Kelly Herzog, the Eagle Valley […]

Posted inColoradans, Culture, Environment, Outdoors

A Crested Butte adventurer is skiing to the South Pole like ice is an endangered species

They are not related but they might as well be. Crested Butte adventurer Eric Larsen has the same restless, unsettled mien of Sir Ernest Shackleton, the fabled explorer of the Antarctic. It’s like they share the same genes, Larsen and Shackleton. The frigid adventure beckons. And they leap. “We have mapped and charted the face […]

Posted inBusiness, Growth, News, Politics and Government

Across Colorado, taxpayers granted Gallagher tax relief to a record number of fire protection districts

A record number of Colorado special taxing districts — largely those in charge of fire protection — asked voters for tax relief on Tuesday. And overwhelmingly, voters approved requests to escape the constitutional stranglehold that has choked special district-budgets in recent years. More than 120 special districts — including several metropolitan, a few library and […]

Posted inBusiness, Growth, News, Outdoors, Politics and Government

Voters snap purses shut for statewide tax measures, but are good with taxing tourists and sinners

Colorado voters resoundingly rejected big statewide tax spikes for education and transportation, but mountain voters again proved they rarely balk at taxes with a provable return — especially when new levies are aimed at tourists, cigarette smokers, pot smokers, developers and second-home owners. Revenue-hungry municipalities find those taxes an easy lure when they go to […]

Posted inColoradans, Environment, News, Outdoors, Wildfire

Two of Colorado’s largest trees lived for 500 years near Durango. Then came the 416 fire.

There was a whisper of hope. Maybe there would be a little bit of green. Maybe the aerial photos from September captured the wrong tree. But hope faded as the arborists, foresters and scientists reached the blackened grove at the heart of the 54,000-acre, 416 fire, near the confluence of Hermosa Creek and Dutch Creek […]

Posted inBusiness, Coloradans, Environment, News, Wildfire

Wildfires in Colorado cost $130 million in 2018. Here are the details, down to the $40 daily rate on portable toilets.

KREMMLING — Dozens of empty tents staked on dried-up, end-of-summer grass rustled in a wind-whipped cow pasture north of town. Fire camp was nearly deserted, as the hundreds of crew members working to contain the Silver Creek wildfire had been gone since just after breakfast, fueled by fried eggs, sausage and potatoes. In the distance, […]

Posted inBusiness, News, Outdoors, Politics and Government

Powderhorn ski area uses Opportunity Zone tax credits to lure deep-pocketed investors

Big investment is on tap for Powderhorn Mountain Resort, with its owners hiring a longtime resort management company to take over operations and enlisting deep-pocketed investors to help fund upgrades at the 52-year-old ski area above Grand Junction. Powderhorn owners — Denver’s Gart brothers Ken, John and Tom and resort veteran Andy Daly — last […]