![]() ![]() Vail Resorts Development Company (VRDC) is the wholly owned real estate development company that Vail Resorts uses to develop all of its company-owned real estate, other than the projects that East West Partners develops. Not to be confused with East West Resorts, a separate property Management Group. East West Partners has built most of the large building that make up the Beaver Creek Village, including the Marketplace Building, Village Hall and One Beaver Creek. The founders of SSF are Rod Slifer, a former ski instructor who was recently the mayor of the Town of Vail, Mark Smith, a real estate broker/turned developer who currently also runs East West Partners with Harry Frampton, who was the former President of Vail Associates and currently owns East West Partners. Slifer, Smith and Frampton was called Slifer, Smith and Frampton/Vail Associates Real Estate, but they dropped the "Vail Associates" name in 2003. Vail Resorts also owns just over 50% of Slifer Smith and Frampton (SSF), the largest real estate brokerage company in the Vail region, controlling over 70% of the real estate transactions in the market. SSV is reportedly the largest Trek bicycles dealer in the world. In addition to all of the ski shops in the Vail Resorts portfolio of ski areas, the SSV chain of stores includes Bicycle Village in Denver, Colorado Ski & Golf, Boulder Ski Deals, Aspen Sports, Telluride Sports and Mountain Sports Outlet in Summit County and Glenwood Springs and many others. In 2010, Vail completed the buyout of the Specialty Sports Venture brand and is now the 100% owner of all SSV operations. Gart Sports was sold by the Gart family in the 1990s and then recently sold again to Sports Authority, which discontinued the use of the Gart Sports name in 2006. The Gart family have been in the sporting goods business for 3 generations and were the former owners of Gart Sports, the large chain of sporting goods stores in the western US. The owners of the other 30% are the Gart Brothers, specifically Tom Gart, Ken Gart and John Gart. One Ski Hill Place at Breckenridge Ski ResortĪll of the company's retail operations are run by a smaller company,, of which Vail owns 70%. As of January 2017, the properties include: RockResorts was named after its original owners, the Rockefeller Family. In 2001, Vail Resorts acquired the luxury hotel chain RockResorts, which contributed substantially to their brand recognition. Locals complain that the Vail's pass structure caters to wealthy international pass holders and reduces access to nearby residents additionally, residents have seen their cost-of-living increase following Vail's takeovers. Some of Vail Resort's acquisitions have fueled anger among local residents. Kirsten Lynch, the company's former chief marketing officer, then took over as CEO. Rob Katz, a former executive at Apollo, ran Vail Resorts as CEO until November 2021, when he was appointed executive chairperson of the board. The skating rink at Beaver Creek, Colorado, was named the Black Family Skating Rink after Leon Black. Apollo Management, headed by Leon Black, bought the company out of bankruptcy and took Vail Resorts public, controlling Vail Resorts until 2003, when Apollo divested itself of controlling interest. Vail Associates changed its name to Vail Resorts and went public in 1997 after Gillett Holdings went bankrupt. They both became ski patrol guides at Aspen, Colorado, when they shared their dream of finding the "next great ski mountain." Siebert set off to secure financing and Eaton engineered the early lifts. ![]() Eaton, a lifelong resident, led Siebert (a former WWII 10th Mountain Division ski trooper) to the area in March 1957. by Pete Seibert and Earl Eaton in the early 1960s. Vail Resorts was founded as Vail Associates Ltd. The mountain segment owns and operates 40 mountain resorts in four countries, Vail Resorts Hospitality owns or manages hotels, lodging, condominiums and golf courses, and the Vail Resorts Development Company oversees property development and real estate holdings. The company is divided into three divisions. is an American mountain resort company headquartered in Broomfield, Colorado. ![]()
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