CNL Reports Increase in Visits
SAM Magazine--May 4, 2013--As of March 31, CNL Lifestyle Properties, Inc., saw a 16-percent increase over last season in revenues at its portfolio of 17 ski resorts during the 2012-13 ski season. Additionally, visits rose 10.4 percent as of April 29.
“We have made substantial investments in our resorts to boost snowmaking capacity, add lifts, open up new terrain and enhance base area facilities,” said Steve Rice, senior managing director of CNL Lifestyle Properties’ ski/mountain lifestyle and lodging properties. “We believe these investments, as well as the strong snowfall we’ve had this year, have helped our resorts perform as well as or better than the industry over the past three seasons.”