Throughout the summer, we’ve followed the lawsuit between PCMR’s previous owner Powdr Corp. and Vail Resorts. In September, the courts finally ruled and Vail ended up buying PCMR outright for a cool $182.5 million.
Anyone uneasy about the purchase was put at ease yesterday when PCMR announced the largest resort improvement project in the history of American skiing. We mentioned the possibilities of connecting PCMR with Canyons Resort, which is another Vail-owned property, but no one expected this.
Vail Resorts is spending more than $50 million to combine the two resorts…wait for it…Next year! This project will create the largest ski resort in the United States, with a total of 7,300 acres of skiable terrain.
The plan? The Interconnect Gondola will be built to connect the two resorts. This eight-passenger, high-speed gondola will run from the base of Silverlode Lift at PCMR to Canyons’ Flatiron Lift. This single super gondola will turn Canyons and PCMR into the largest ski resort in the country and allow riders to seamlessly ski between resorts with no more than a nine-minute gondola ride.
Other projects included in the $50 million overhaul are upgrades to existing lifts, a new 500-seat restaurant, improvements and extra seating to current restaurants, additional snowmaking, and other maintenance projects around the mountain.
The most mind-blowing fact released by Vail Resorts and PCMR yesterday is that they expect to complete most of these projects by next season. It goes to show that Vail isn’t wasting anytime when it comes to their resorts.
Although some skiers are hesitant about the project, worrying about the actual travel time between resorts and the environmental repercussions of crossing so much land, PCMR and most skiers seem optimistic about the connection and the opportunities it brings for year-round mountain fun.
Now what does all of this mean for timeshares? The answer is simple. The value of the resorts around PCMR and Canyons, whether they are ski resorts or not, will inevitably rise. Being within minutes from the largest ski resort in the country is an undeniable asset, and that’s what every resort in Park City just became.
Lucky for you, Premier Timeshare Resale is based in Park City and knows the ins and outs of Park City timeshares like the back of our hand. We are excited to be the premier timeshare resaler in the area, able to adequately represent all of the amazing resorts that call Park City home.
There are a number of Park City timeshares worth checking out, but if you’re looking to buy a Park City timeshare, consider Marriott’s MountainSide. This rustic resort sits at the base of PCMR and is the ideal ski-in, ski-out location. Plus, two of the new restaurant projects announced by Vail yesterday are just outside of Marriott’s MountainSide’s doors.
Some other notable Park City timeshares for sale can be found at Westgate Park City Resort & Spa and Marriott’s Summit Watch. We have a number of timeshare deals on all Park City timeshares, making now the time to invest in a timeshare before their value skyrockets.
Give yourself a gift that keeps on giving this winter and buy a Park City timeshare.