GLG News by Resort Real Estate Experts

J. Murph Yule, President & Chief Executive Officer

J. Murph YulePresident & Chief Executive OfficerJMY Consulting Services, Inc. What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Vail Resorts' New Vision

March 19, 2007

Vail Resorts plans largest mixed-use LEED-certified resort development in North America | www.hotelmotel.com

Key to the development planning and marketing of Ever Vail are: 

- "green" development philosophy, trying to create a truly sustainable development with an ongoing commitment to minimizing the development footprint on the lands

- the idea of 150-200 whole ownership condominium units, 75-125 fractional ownership condominiums (1/4,1/5. up to 1/8 have had the best results), 100,000 sq. ft. hotel (hotel/condo concept has worked well in the resort village development), and 100,000 to 150,000 sq. ft. of commercial, retail, office, and restaurant space to further enhance the "live-work" environment

- Vail Resorts does not anticipate beginning any real estate sales on the project until 2009

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