RockResorts to Operate The Chateau at Heavenly Village

RockResorts International, a wholly owned subsidiary of Vail Resorts, has been selected to operate The Chateau at Heavenly Village at the base of Heavenly Mountain Resort in South Lake Tahoe, which spans both California and Nevada. Construction of the redevelopment project has commenced and is expected to be complete in early winter 2009. The $420 million, 11.53-acre redevelopment will include two luxury condo-hotels, a 16,000-square-foot RockResorts Spa, 50,000-square-foot convention center with 21,000 square-foot pre-function area, 1.5-acre park and a collection of shops and restaurants. The Chateau at Heavenly Village is located at the California state line across from Heavenly Village and the Heavenly Gondola, adjacent to Harvey's Lake Tahoe Casino & Resort. Construction of the project has been registered with the U.S. Green Building Council for LEED-certification and will utilize native wood timbers, stone, glass and other natural materials for the buildings. Visit [www.rockresorts.com] or [www.vailresorts.com].

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