• Font Size    
E-mail

Close Window E-mail This Page

Breck Invests Money To Get Lost Business Back

Required fields are marked with an asterisk(*)

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +    Comments
Nov 15, 2008 5:57 pm US/Mountain

Breck Invests Money To Get Lost Business Back

Reporting
Stan Bush
BRECKENRIDGE, Colo. (CBS4) ― The town of Breckenridge just spent a $250,000, even though they may be losing money.

A new economic forecast shows the ski community could lose $38 million as visitors cut back their trips, or choose not to ski at all. But the infusion of cash is being used to bring business back.

More skiers visit Breckenridge than any other town in Colorado, but reservations are down 20 percent this year, significantly more than other ski towns.

"We just want to maintain enough market shares so that our businesses can get through this time and hopefully to a better economic time," Jeffrey Bergeron with Breckenridge Town Council said.

"The main message right now is really going to be that we have availability," Peyton Rodgers with Resort Quest said. "Normally in years past at this time the town is sold out for holiday season."

The lodging community will take a huge hit if low expectations for destination travelers come true.

Restaurants won't know how bad the year will be until after the holiday.

"Thanksgiving weekend will tell us a lot and then Christmas week is very important to us," restaurant owner Dick Carlton said.

(© MMIX CBS Television Stations, Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

Curious & Controversial News

Add Comment

here. here. Need a log in? Register here
  •  * Will not be displayed with comment
  •  * e.g. (http://www.mywebsite.com)
  •  
  • Click here to refresh with new letters

Show Comments (0)

Close Window Login


Close Window Flag Comment


loading...
You need the latest Flash player to view video content.
Click here to download.

Click here to bypass this detection if you already have the latest Flash Player.

Business

Top News Stories

© MMIX, CBS Television Stations Inc. All Rights Reserved.