Valley in brief: Vail Mountain partially opens Friday

By Ross Leonhart

VAIL — Vail Mountain will operate Gondola One on June 3-5 from 9:30 a.m. to 4 p.m., with limited offerings at the Mid-Vail area. The resort will begin daily summer operations June 10, and will operate both Gondola One and the Eagle Bahn Gondola.On-mountain activities will be limited due to snowmelt and conditions. Hiking and mountain biking trails on Vail Mountain, as well as bike hauls and additional activities, will not be offered opening weekend but will open as soon as conditions permit. From June 10 through Sept. 4, Gondola One will operate daily from 9:30 a.m. to 4 p.m. …

Source:: Vail Daily Feed

      

Court: Avalanches are an ‘inherent risk’ at state ski areas

By scott miller

DENVER — Taft Conlin and Christopher Norris are linked by tragic circumstances. They’re also linked in law.Conlin and Norris both died in ski area avalanches Jan. 22, 2012, Norris at Winter Park, Conlin at Vail. Both were skiing in-bounds at the time. Both families filed suit against the respective ski area operators — Vail Resorts and IntraWest. The Norris case was resolved Tuesday in favor of IntraWest.In a 5-2 decision, the Colorado Supreme Court ruled that an “avalanche that occurs within the bounds of a ski resort qualifies as an ‘inherent danger and risk of skiing’” under the 1979 Colorado …

Source:: Vail Daily Feed

      

Fed clues spark markets

By scott miller

On Dec. 16 of last year, the Federal Reserve raised its benchmark rate for the first time since 2006. Since then investors have been waiting for the next rate hike and trying to figure out what the end of the “easy money” era would mean for stocks. Now, finally, it appears likely that the Fed is going to pull the trigger over the next few months. Investors responded enthusiastically, sending the S&P 500 up 2.3 percent to its best week since the beginning of March, and the Nasdaq up 3.4 percent for its strongest weekly showing since February. The yield …

Source:: Vail Daily Feed

      

Boutique hostel opening in Minturn

By Ross Leonhart

MINTURN — The idea has been tossed around for years, but a local couple have finally brought it to fruition.Ryan Richards and his wife, Nancy, have taken the idea of a hostel and made it a reality with The Bunkhouse in Minturn, where tourists and visitors can stay for as little as $39 per night.“We picked Minturn because we wanted an authentic feel,” said Richards, who has been a personal trainer in the valley for 13 years. “We wanted to be a part of a community that our target demographic could relate to.”The Bunkhouse is geared toward single or double …

Source:: Vail Daily Feed