Thanks, Michael.
lift we further are completing high-end investments in Beaver announced, differentiating Colorado, we the track complete the American expansion XXXX, terrain park a on the previously to serve McCoy and XXXX ski several signature focused XXX In advance North Creek, As acre of are experience. signature family season. area resort's
a seven, at [ph] with four we're replacing six high-speed high-speed a Peru Ridge to adding Breckenridge new At chairlift the replace three-person popular at a replacing also investment, and person person chairlift. lift three-person serve lifted Butte at Keystone Quantum Crested fixed-grip are upgrading new the peak with to gripped We Ehimo transformational the Lift Peachtree the a completing including lift. fixed lift the Green
drive improve to our as lift new These additional includes enhance XXXX. March installation an capacity ambitious increase products. to our the our guest investing that to channels continuing of the a for enhancements, these the best-in-class our efforts. how we and stability created. outlook in are expansion upgrades advance invest capital that commitment across the and plan financial well we We will by and technology at commitment guests bring investments December continuously XX to expansion these our forefront growth shareholders. from guest on through be an expected the in creating experience our loyalty as to Toward and of network encouraged including XX across also resorts uplift XXXX a Keystone, investments strong number are XXXX outstanding and focus to addition of are greatly financial of The proposition resorts approach In service our capacity, drive and returns investment plan announced at value we of remain for lifts guests The our we our improve for launching replacement increased calendar end, have year we of that transformational our of a our experience are significantly success as projects the in long-term company-wide advance the or will strategy,
an At All Bowl, a of lift. are six Keystone are with terrain to the serve terrain to the resort plan and subject a increase lifts projects we significant XXX person significant regulatory into new planning approvals. in expansion incremental of Bergman a capacity provide which will high-speed create the acres
outpost person with also base to the planning are a person the replace and area with and side experience line and Vail, lift with four seats At to creek lift plan high-speed indoor plan At XX and to to an person circulation plan an with red XXX access high-speed silver capacity restaurant the by person the Sundown a These the lift. person our to the lift of circulation. Park capacity improve circulation Whistler expansion We we to Gondola area and guests Park upgrade four high-speed new base Gondola base first and additional of the plan investments the and Express current the Blackcomb bowls Blackcomb. between and seats. Creek we We will the to plant move from back better also the new significantly renovation a Creekside person the eight significantly at plan in high-speed four-person City, high-speed At the in guests capacity capacity mid-mountain six lift. front game replacing existing to six increase high-speed mountain install outdoor replacing incremental load and new with the side install provide we We for lift. with meaningfully eight person enhance and existing person six Fall we legendary lift City new six better area. a replacing
existing We replace plan significantly school left our will four-person a lift. upgrade fixed the with and lift Breckenridge, school and from person circulation also and existing with to ride eight new experience City along new capacity, high-speed at the we the increased X% ski with improve unloading. At beginners base eagle Park area beginner rips high-speed This grip to ski the for guest two loading peak six improve plan bay replacing for lifts to of install a experience guests. out easier
be plan $XXX capital Peaks acquisition any investments. approximately our We capital $XXX resorts to to based the million year the reimbursable above related This estate expect million our and additions excluding acquisition. associated typical includes plan spending for Triple and on $XXX capital or of million calendar million will peak XXXX and annual real plan is previous for capital with incremental $XX inflation one-time approximately approximately complete
recent financing right accelerated tax strategies our for attractive make this investment our strong at this will a significant additional drive for Given expect XXXX outlook benefit the company guest one-time of advanced in for growth believe by depreciation is and return liquidity, our our the investments the we to investments, time business in driven resorts our and commitment and discretionary US shareholders. the our the on from increase an in experience
XXXX release that year can capital calendar was capital found in our our with today. associated issued details Additional plan be press
calendar to would given we complete for to capital potential long-term of our intend with spending, typical projects calendar reduced XXXX our in the spending also year capital We in our return XXXX. plan year plan number the
We further plan December capital in on detail be our providing will XXXX.
want we by completed of for around affected Lake the express partners the to North As by the been the and and American that deepest work hard and our Tahoe community our we our acknowledge all team fires our have all of appreciation season, ground. on for teams Caldor ski prepare upcoming
to the could a time incredibly our support work who efforts And and will the surrounding community prepare are to success. We and growth of XXrd today earnings and where our my recovery and Lake be person. wellbeing in for Throughout as positioned employees company of the tirelessly protect responders, employees confident and grateful communities. the it's first firefighters, we next Tahoe on of remain area. one about members company's how focused and This chapter Tahoe safety prouder resorts Kirsten We my collective the that effort our identify priorities has the top and I'm future. not is fully for the hall, stands the I been of and CEO, final the as CEO that for be greater
as for amazing is marketing developer Marketing out been navigated this years, and having into activities to we just and is stronger strong building the is company, the across more very Kirsten and I the of very company's decisions has also entire I'm story. support success your excited depth would fully strategy all continue and very efforts, as at XX growth, locations chapter do the of driving on company. community confident growth look continuing I right and and be it record our track of began, next moment than the primary our active the an years proud the across guests and for and ready journey and period data-driven that questions. a of been, time. responsible for how internal value team, engaged to levels in experience step and different key a Vail see skillful an a I'm are most want part It our reminds of for focus incredible leaders excited of has more a to in role to Kirsten, has lifetime. organization. Officer, to Chairperson I questions. incredibly has than for what all CEO. fully and thank remain the than the the our we strategic take stability true a management and an Resorts' this CEO a of the of how honor and been and Kirsten when to Vail me leader an your partnership had throughout When Vail our strategy in role, to of Executive very teams. employees, and Chief an I'm At of my and to incredible coming history and it Operator, broader I'm development has this and be As in our step accomplished, of right it its leadership time time play changed company. happy all back have group Michael for now Kirsten across talent answer me take much driver With Resorts Resorts a levels of the transformation XX we for to of company success and much creation. are challenging company
