Vail Resorts Announces Affordable Employee Housing Investments for Park City Mountain, Whistler Blackcomb, Vail Mountain, and Okemo Mountain Resort
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Monday, April 11, 2022
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BROOMFIELD, Colo., April 11, 2022 /PRNewswire/ -- Today, Vail Resorts announced four investments to provide accessible and affordable housing for its employees at Park City Mountain in Utah, Whistler Blackcomb in British Columbia, Vail Mountain in Colorado, and Okemo Mountain Resort in Vermont as part of the company's strategic focus on investing in the employee experience. Collectively, the four investments will provide new affordable housing to more than 875 Vail Resorts employees, marking a more than 10 percent increase in affordable employee housing offered by the company across its resorts.
Key Points:
- Collectively, the four investments will provide new affordable housing to more than 875 Vail Resorts employees, marking a more than 10 percent increase in affordable employee housing offered by the company across its resorts.
- At Park City Mountain Resort, Vail Resorts has entered into a five-year lease with Columbus Pacific Development which will provide an additional 441 employees with access to affordable housing in the new Canyons Village Employee Housing Development.
- At Vail Mountain, the company is pleased to move forward with the construction of workforce housing on the land Vail Resorts owns in East Vail, which will provide 165 employees with affordable housing.
- At Okemo Mountain Resort, Vail Resorts is now under contract to purchase an existing property in Ludlow, Vermont, that will provide more than 30 employees with affordable housing.