"Strong year for Colorado skiing" was the byline of an article in the Denver Post by Julie Dunn on June 16, 2006.
In the article reporting on a meeting of ski industry leaders that recently took place in Steamboat Springs, it was stated that a recored 12.53 million skiers hit Colorado's 26 ski slopes this past winter. The previous record had been 11.98 million. Bill Jensen, co-president of the mountain division of Vail resorts said "I think Colorado will see 13 million skier visists in the next 3-4 years. The fact that we surpassed 12 million by more thant 500,000 skiers allowed us to realize that we have the potential to go even higher."
Industry leaders expressed optimism for growth in the near future, citing significant investments in mountain infrastructure, dozens of hotel and condominium projects in the works, and the possibility of more direct international flights into Denver International Airport. Last year, foreign visits were up 8 percent. Many resorts are now targeting Asian markets, namely China, Korea and Japan.
"This growth and strong optimisim for the resorts is great news for real estate investors" says Susan Gunnin, author of this blog. "In addition" she continues, "the buildout that was predicited a couple of years ago has begun happening, (buildout is when all the property that can be developed has been developed) especially in towns like Frisco."
To learn more about real estate investment opportunities in Summit County, go to Susan's web site, or email her.