Alyeska Resort Invests $8 Million in Hotel and Mountain Improvements

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May 9, 2007

GIRDWOOD, AK (Alyeska Resort Press Release)—The Hotel Alyeska is launching a comprehensive three phase multi million dollar renovation that will start the month of May enhancing areas of the hotel and mountain.

The Hotel Alyeska's 304 guest rooms will receive a comprehensive makeover. Phase I consist of a $3.5 million guest room upgrade including plush new carpets, new Serta's Presidential Pillow Top Mattress bed packages, light fixtures, desk chairs, Judith Jackson spa amenities, designer shower curtains, and new artwork from Edward Curtis depicting Native Alaska images.

"We are excited about the enhancements to the hotel and mountain, said Wade Gesteuyala, Director of Rooms at The Hotel Alyeska. "The new rooms renovations will help make the Hotel Alyeska the hotel of choice for business and leisure travelers.

In addition, upgrades to the guest room amenities include CD & MP3 clock radios, stainless steel ice buckets, new coffee makers, and complimentary bottled water in all rooms. Bathrooms have been grouted, caulked and painted. High speed internet will be added to all rooms with wireless access in the public areas.

Phase I & II are scheduled to be completed by the beginning of the 2007-2008 ski and snowboard season. Phase II will include new carpet and furniture in all public areas in addition to banquet and meeting space. A new retail shop, café, and ski arcade will be added on the second floor of the Hotel Alyeska. The award winning Seven Glaciers Restaurant will also receive a makeover, enhancing its spectacular setting.

This summer Alyeska Resort will embark on an estimated $4.5 million mountain upgrade to include snowmaking extension from the bottom of the mountain to the top of the tram. New snowmaking will allow Alyeska Resort to open the entire mountain by Thanksgiving. In addition the Terrain Park will move from Chair 7 to Tanaka providing more beginner runs on Chair 3 & 7. Magic Carpet installations will being this summer that will greatly enhance the beginner skier/snowboarder's experience by eliminating the tow type lift. The upper mountain will be further improved with extensive summer trail reconstruction, including trail improvements and widening of Weir, Von Imhof, Denali and the Waterfall. Finally, a new ticketing system will be brought on line this winter which will greatly improve the speed and efficiency that is required to access our services and facilities.