Vail Resorts Announces Management Agreement for The Yarrow in Park City

03 April 2015
BROOMFIELD, Colo. – April 3, 2015 - Vail Resorts has signed an agreement to manage The Yarrow Resort Hotel & Conference Center, a completely remodeled hotel and conference center located in the heart of Park City just minutes from Main Street, Park City Mountain Resort and Canyons Resort. Vail Resorts’ management agreement along with the rebranding of the hotel as a DoubleTree by Hilton will mutually commence in the next several weeks.
 
“We are thrilled to bring our same commitment to guest service, employee engagement and community involvement to The Yarrow as we have with the rest of our operations at both Canyons and Park City Mountain Resort,” said James O’Donnell, senior vice president & COO, Vail Resorts Hospitality & Real Estate.

The Yarrow has received major upgrades including a full interior makeover of all 182 guest rooms and public areas in anticipation of being branded as a DoubleTree by Hilton. The hotel now boasts a larger fitness center with all new equipment, a larger bar with a sleek new design, a new coffee shop and a new game room. Additionally, The Yarrow offers 12,000 square feet of meeting and ballroom space, one of the largest meetings and events venues in Park City, which has also received a makeover.
 
“Vail Resorts is known for its successful and innovative approach, and this agreement presents an entire new world of opportunities and tools for our hotel and staff,” said Andreo Girardi, The Yarrow general manager. “We are ecstatic to be a part of this exciting new era for The Yarrow, Vail Resorts and our community.”
 
“Our collective vision is to further enhance the guest experience through great service and our recently completed multi-million dollar renovation,” said Seth Singerman, managing principal of Singerman Real Estate, which will continue to own the hotel. “Vail Resorts has a long history of exceptional hospitality both on-mountain and off-mountain and we are excited about the relationship.”   
 
Vail Resorts has owned and managed DoubleTree by Hilton Breckenridge through a franchise license agreement with Hilton Worldwide since 2011. At Canyons Resort, Vail Resorts manages Grand Summit Hotel, Sundial Lodge and Silverado Lodge, along with some additional vacation rentals.
 
Vail Resorts’ lodging division owns and manages hotels, vacation rentals and conference centers across the base of its mountain resorts in Utah, Colorado and Lake Tahoe, as well as Half Moon, A RockResort in Rose Hall, Jamaica and Grand Teton Lodge Company and Flagg Ranch Company in Grand Teton National Park, Wyo.
 
About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Park City and Canyons in Utah; Afton Alps in Minnesota and Mt. Brighton in Michigan; and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.
 
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About Vail Resorts, Inc. (NYSE: MTN)
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the United States. The Company's subsidiaries operate the mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Park City and Canyons in Utah; Afton Alps in Minnesota and Mt. Brighton in Michigan; and the Grand Teton Lodge Company in Jackson Hole, Wyoming. The Company's subsidiary, RockResorts, a luxury resort hotel company, manages casually elegant properties. Vail Resorts Development Company is the real estate planning, development and construction subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.
 

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