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BELLEAYRE EXPANSION COULD DOUBLE VISITS

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The expansion is projected to increase Belleayre’s annual revenue by $5.2 million, from $6.1 million to $11.3 million, and produce a profit of $1.2 million, versus an annual loss of $600,000. The plan is also expected to raise an additional $220,000 in sales tax revenue.

The proposal calls for cutting 16 trails, installing three ski lifts, expanding the snowmaking system, and adding three parking areas and a lodge. The plan will upgrade many existing facilities as well. All that is projected to increase visitation from 165,000 to 320,000.