Killington Ski Resort’s new investors have revealed their future plans for the mountain.
The new group, which took ownership on September 27, says they are planning to put $30 million into what they call “capital improvements” on the slopes.
“The new investor group is committed that, for the next decade, all the money that we make at Killington will be re-invested in the mountain,” said Micheal Solimano, the President and Chief Executive Officer at Killington Resort.
Some of these changes could include more snow-guns, a lift replacement, a gondola revitalization, improvements to summer biking trails and more.
While most are longer-term projects, Solimano says this season’s skiers will see an added 500 snow-guns on the mountain.
“That should help us get open quicker, in early season everyone’s trying to make a lot of snow and so hopefully we can expand and get more trails open.”
Starting next year, Solimano says one of the more major improvements will be to the Superstar trail lift. The trail is home to the annual Killington Cup event, which attracts thousands of fans to the mountain.
While the race is on for this Thanksgiving, Solimano says there may be an announcement regarding next year’s race.
But for now though, he says he is excited for the changes.
“To go from a large ski-resort company back to being owned by a group of local investors is really amazing, and I think it’s going to be great for Killington, for the local community and for the state of Vermont.”
In addition to the new investors, Killington Resort will also see a new board of directors this year.
Despite all the changes however, Solimano says much of what resort-goers love about Killington, such as its staff and service, will stay the same.
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