NEW Ritz Carlton Vail Residence Club!

The Ritz Carlton is currently building the Ritz Carlton Hotel and Residence Club Vail,Colorado, scheduled to open in 2010! This luxurious new Ritz Carlton Hotel and Residence Club will consist of Bavarian-style architecture and exquisite interior design.

This Club will have the classic services and amenities of all Ritz Carlton hotels, such as:
- Twice daily maid service
- Ski Nanny
- Ski Valet
- On-site concierge
- Ritz Kids Program
- Pre-arrival provisioning

Guests are also granted golf privileges at the nearby Red Sky Ranch.

Property amenities include:
- Private Lounge for Club Members only
- A Great Room with a fireplace, bar and adjacent library
- Fitness facility with a moving studio
- Spa services and treatment rooms
- Outdoor heated pool, whirlpool and firepit
- Heated, underground garage

Residence amenities:

- Fully-equipped gourmet kitchen with top-of-the-line appliances and slab counters
- Spacious living room featuring a gas fireplace and entertainment center
- Master suites with walk-in closets
- Luxurious master bathrooms with double vanities and heated floors
- Coffered ceilings
- Hardwood flooring
- Full-size washer and dryer
- High-speed Internet access

Vail Resorts, the Management Company responsible for building Ritz Carlton Hotel and Residence Club in Bachelor Gulch, is also building the new Ritz Carlton Hotel and Residence Club in Vail. According to a story in Summit Daily, Vail Resorts stocks are on the rise, which is good news for the Ritz Carlton project!

On Thursday, March 25th, Vail Resorts stock closed at $41.18, which is double the closing price of one year ago - their 52 week low of $19.78. The volume of shares was 586,061, which is also a great improvement in comparison to past activity.

Share prices are improving because Vail Resorts has managed to maintain themselves during a bad economy. Investors were nervous coming into the second quarter due to lack of snow and held off, but the second quarter earnings were better than expected. Now, they appear to be doing well in the third quarter.

Summit Daily also reports that all hotel and resort stocks are on the rise. Many hotels have been forced to lower their ratings from 5-star to 4-star or 3-star to save money. Hopefully, things are looking up and luxurious hotels can stay that way without having to downgrade!

This is good news for the new Ritz Carlton project in Vail, and for the hotel and resort industry!