Peek 'n Peak Announces $280 Million in Improvements

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SAM Magazine--Findley Lake, N.Y., November 6, 2006--The new ownership group of New York's Peek'n Peak Resort and Conference Center expects to pump massive infusions of cash into the resort over the next ten years. The investment is part of a revitalization plan for the resort implemented by Kiebler Recreation, LLC and Kiebler Properties. The group, headed by Paul Kiebler IV, assumed ownership of the resort less than a year ago.

Plans include a resort village with boutiques and restaurants at the foot of the ski slopes, an indoor water park, new golf clubhouse, a new conference center, a full-service day spa and new condominiums. Kiebler also plans to add 11 ski slopes and four ski lifts. Currently there are 27 slopes, eight chairlifts and two magic carpet lifts.

Since purchasing the resort in January 2006, Kiebler has invested about $8 million in the facility, including 150 new electric golf carts with Global Positioning System (GPS), the complete renovation of 70 hotel rooms, a $2 million snowmaking system expansion, two new terrain parks and a new halfpipe cutter.

"After two years of testing various systems, we purchased the HKD Snowmaking Tower Gun Technology to work with our current system," said Chip Day, VP of brand management.

"The advantage of using a tower instead of a ground gun is the efficiency of the tower. We will be able to produce four times the amount of snow we can now and operate 120 towers instead of 30 ground guns," he added. The increased capacity will also allow the resort to make snow in the terrain parks and tubing areas right from the beginning of snowmaking season, rather than waiting until all the trails are.

The new terrain parks include a progression park to ease beginner snowboarders and skiers into the use of terrain features. For more experienced freestyle riders and skiers, an advanced terrain park with more challenging features has also been added. The existing terrain park will also be enhanced with new flat rails and by the new Zaugg halfpipe cutter.



Director of Resort Development

We are considering many of the same kinds of improvements at our resort, and I was wondering if you could email me any contact information for Paul Kiebler IV or anyone on his development team that I can talk to about their planned development.

Thanks, Eric.

Eric Guth, P.E.
Director of Resort Development
Angel Fire Resort
P.O. Box 2003
Angel Fire, NM 87710
(p) 505.377.4349
(f) 505.377.2048
(cell) 505.776.6041