Osprey at Beaver Creek Opens Amidst Cheaper Lift Tickets

Vail Resorts, Inc. expanded its RockResorts lodging division Saturday with the grand opening of The Osprey at Beaver Creek, A RockResort. Following a $7 million dollar transformation, the boutique hotel, formerly known as The Inn at Beaver Creek, is the closest ski-in/ski-out hotel to a chairlift in North America.

The Osprey includes a trendy tapas bar, a giant social room featuring classic movies on flat-screen TVs, and such amenities as a Wii entertainment system and helmet cams that can be rented to film on-the-slopes adventures. The Osprey also offers a fitness facility, outdoor heated pool, steam room and sauna.

The big attraction for skiers at the hotel is the high-speed quad lift just 20 feet away. Guests can bring their own ski and snowboarding equipment, have it shipped ahead of the visit or arrange for custom rental gear to be delivered. Ski valets will store and prepare the gear so all equipment is ready and waiting slopeside when guests are ready to hit the powder.

The Osprey is currently offering savings up to 30 percent with its First Flight package, and it is available just in time as Vail Resorts Inc. announced that the company's five mountain resorts— Vail, Beaver Creek, Breckenridge and Keystone in Colorado and Heavenly in California and Nevada— are rolling back multi-day lift tickets to 2007-2008 prices as a way to make it easier for skiers and snowboarders to take their winter mountain vacation this season.

"We recognize these are challenging times for many of our guests and we have taken numerous steps to make it easier for them to visit our world-class mountain resorts this season by addressing various components of a ski and snowboard vacation," said Rob Katz, chief executive officer for Vail Resorts.

The Company's five mountain resorts are offering last season's prices for both PEAKS advance ticket purchases and PEAKS window ticket purchase for all multi-day lift tickets for three or more days of skiing and riding.

This season's best pricing is available when guests purchase a three or more day PEAKS advance ticket seven days in advance. Three-day adult rates include $249 ($83 per day) for Breckenridge and Keystone, $267 ($89 per day) for Vail and Beaver Creek and $228 ($76 per day) for Heavenly. These rates represent up to $27 off of the lead single-day window rate which is $92 for Breckenridge and Keystone, $97 for Vail and Beaver Creek and $82 for Heavenly.

Guests can purchase the discounted multi-day rate online at www.snow.com, through Vail Resorts Central Reservations, or at the resort ticket window.