Over $7 Million in Steamboat Vacation Experience Enhancements Planned for 2006/2007 Season

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June 6, 2006

STEAMBOAT SPRINGS, CO - (News Release) - Improvements valued at more than $7 million will be made to the Steamboat Ski Area for the 2006/2007 season. These on-mountain improvement projects are designed to enhance a variety of facilities, services and programs across the resort and improve the overall resort experience. A key focus of this investment is lift, trail and snowmaking enhancements to the popular Sunshine Bowl area.

"Steamboat Ski Area and the larger community are poised for a great season in 2006/07 when you match these capital improvement plans with the resort's industry leading guest service, family and on-mountain programs," stated Chris Diamond, president of the Steamboat Ski & Resort Corporation.

The Sunshine project includes the replacement of the Sunshine triple chairlift with a high-speed detachable quad chairlift, a new trail and expanded snowmaking coverage. Other significant trail projects are planned for the Rendezvous Saddle area. Nearly $1 million will be spent renovating popular cafeterias at the Thunderhead and Rendezvous Saddle lodges as well as more than a half a million dollars on grooming equipment including a new winch cat and specialty superpipe equipment.

The other big changes for next winter's guests will be expanded air service and an $18 million, 22,000 square-foot terminal addition to the Yampa Valley Regional Airport, funded largely by federal and county funds. "The 2006/07 on-mountain improvements, coupled with what is a vastly improved guest experience at the Steamboat/Hayden Airport, will mean a significantly enhanced vacation experience for the majority of our guests," said Andy Wirth, vice president of sales and marketing.

Read the full Press Release: http://letters.steamboat.com/W5RT03C0DE462E93AB347327323F00

Steamboat Summer Season Opening Day Friday June 9th!