Vail Valley Voices: Ski season looking up for Vail
Vail, CO, Colorao
Editor’s note: The following is an excerpt from the Vail Homeowners Association monthly report for September. We publish weekly excerpts from the association, which keeps a close eye on economic and political trends in and outside of the town. The newsletter electronic version with links to supporting documents is available at http://www.vailhomeowners.com
President’s message: Together, through the hard work of the Vail community and the Vail Homeowners Association, we are achieving remarkable progress. Collaboration born out of economic necessity is renewing confidence in Vail as a destination and as an investment.
We, as residential property owners, are pleased that our patronage of local businesses and support of good ideas through the Homeowners Association is helping sustain the 50 years of prosperous ideals our extraordinary community has achieved. Bold aspirations live on, while care is being taken to avoid extremes caused by shortsightedness.
The value of our investment in our homes and businesses can be regained by creating permanent return on investment. As the Vail Homeowners Association, we challenge ourselves to conceive a future beyond where we have been, and strive towards where we want to go in welcoming the world to our wondrous community.
Best wishes for the Holiday Season and the New Year.
Dr. Gail Ellis, VHA President
Good winter weason forecast: Lodging reports are projecting year-over-year increases for the ski season with a healthy rise in occupancy (16.5 percent) and a modest increase in room rates of 2.1 percent, with low periods expected in early February. The scheduling of the first Vail Winter TEVA Games is programmed to infill this lull.
Winter service into Eagle County Airport will remain essentially the same as last year. The Eagle Air Alliance is gaining traction throughout the Vail Valley in its initiative to broaden its sources of funding for a 3-year subsidy program to open new flights into the airport from major U.S. hubs that serve international connecting flights. This is a significant change in attitudes from past years when downvalley entities were content to let the town of Vail and Vail Resorts carry the financial burden.
Local marketing authorities are following up on the Homeowner Association’s proposal to use the packaging of airfare and discounted hotel rates as a return on investment accountability tool that can be used as proof of performance to gain matching funds from local governmental entities.