November 3rd, 2008 9:57am
You'll barely be off the airplane before you catch your first glimpse of Vail Resorts.
Vail Resorts, which owns and operates Vail, Beaver Creek, Breckenridge and Keystone ski resorts in Colorado as well as Heavenly in California, closed on its latest investment on Monday, Nov. 3, 2008, Colorado Mountain Express (CME).
Colorado Mountain Express is the year-round ground transportation service (vans and luxury SUVs) that offers service from Denver International Airport and Eagle County Airport to destinations in Eagle County, Summit County and Aspen.
The company's fleet of 250 vehicles transports more than 420,000 people each year and Vail Resorts chief executive Rob Katz said the transportation service fits nicely into VR's aim of easy, fuel-efficient access to the mountains.
Colorado Mountain Express came at the sum of $38.3 million.
