• Potential buyers can now preview a fully-furnished Residence
• The Ritz-Carlton Residences, Vail is expected to be completed in the fall of 2010
• All new purchasers are offered a social membership to The Arrabelle Club, providing locker, ski storage and additional amenities at base of the Eagle Bahn Gondola
VAIL, Colo.—July 2, 2009—Vail Resorts Development Company, a wholly owned subsidiary of Vail Resorts, Inc. (NYSE: MTN) and an affiliate of RCR Vail, LLC the developer of The Ritz-Carlton Residences, Vail unveils this weekend its First Build Residence.
The two-bedroom, 2,048-square-foot unit features a den and three bathrooms and is located on the Terrace level.
“We are very excited to be able to showcase The Ritz-Carlton® by way of the Vail project’s First Build Residence,” said Keith Fernandez, president of Vail Resorts Development Company. “The unit is fully furnished allowing current and potential buyers the opportunity to preview the exquisite finishes as well as the optional furniture package being sold through Slifer Designs.”
The Ritz-Carlton Residences, Vail is a limited collection of 71 whole-ownership residences. Spacious interiors — from a two-bedroom home to a sprawling six-bedroom penthouse — exude the feel of a gracious and welcoming mountain resort home with luxurious bathrooms, gourmet kitchens adorned with Bosch stainless steel appliances, and some of the most stunning views in all of Vail. The residences are located at the base of Vail Mountain, within walking distance of shopping, restaurants, Gore Creek and the Eagle Bahn Gondola.
The Ritz-Carlton Residences, Vail is expected to be completed in the fall of 2010.
Vail Resorts recently announced reduced pricing and an enhanced incentive program for new buyers for a limited time. Under the new program, buyers are offered a social membership to The Arrabelle Club as part of the purchase of their unit.
In order to visit the First Build Residence, a purchaser or purchaser’s broker must set an appointment with the developer. The first opportunity is Sunday, July 5, between 12-3 p.m. Contact the developer at 970-754-2518 to schedule an appointment.
About The Ritz-Carlton Residences, Vail
Rising from the banks of Gore Creek, The Ritz-Carlton Residences®, Vail provide the perfect retreat for mountain living and resort indulgence. Approximately 71 luxurious whole-ownership residences, ranging in size from spacious two-bedroom homes to a sumptuous six-bedroom penthouse, offer an environment that is warm, welcoming and very comfortable. The Residences will offer an array of luxury services and amenities in the grand tradition of The Ritz-Carlton throughout the world, including concierge services, a fitness center, outdoor pool and hot tubs, ski valet, great room, library and more.
The Ritz-Carlton Residences, Vail are not owned, developed or sold by The Ritz-Carlton Hotel Company, LLC. RCR Vail, LLC uses The Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company, LLC. The Ritz-Carlton Residences, Vail are being developed and sold by RCR Vail, LLC an affiliate of Vail Resorts Development Company. All plans are subject to governmental approvals.
This is not an offering nor an offer to sell nor a solicitation of offers to purchase. It is provided solely for information. All information contained herein is subject to change, and no representations are made as to the accuracy of such information.
About The Arrabelle Club
A signature club of Vail Resorts, The Arrabelle Club membership amenities include private locker/club room at the base of Vail Mountain, access to the RockResorts Spa and fitness facilities within The Arrabelle at Vail Square, and social/ski activities to enhance the Vail experience. In addition, The Arrabelle Club offers its members hassle-free access to Vail Mountain with personalized ski valet services. An exclusive offering of memberships to The Arrabelle Club is now available.
Media Contact: Kristin K. Williams, (970) 754-2712, kwilliams@vailresorts.com
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About Vail Resorts
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resort properties at the Vail, Beaver Creek, Breckenridge and Keystone mountain resorts in Colorado, the Heavenly Ski Resort in the Lake Tahoe area of California and Nevada and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties across the United States and the Caribbean. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.