"Moving our headquarters operations to the Denver area will facilitate lower occupancy rates, provide greater administrative efficiencies, enhance recruiting opportunities, and allow more centralized access to all of the company's properties," says Katz, who lives in Boulder. "It also better positions the company for future strategic growth." Some administrative positions also will be moving to its Keystone Resort in Summit County.

The relocation of the company's corporate headquarters will also consolidate Vail's RockResorts office and a separate sales office, which are currently located in two different locations in Cherry Creek North. Positions related to the company's Mountain Division and Vail Resorts Development Co., Vail Resorts' real estate division, will not be relocated.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.