Online Press Kit

VACATION OWNERSHIP HITS NEW ONE DAY SALES RECORD
Mountain Real Estate Continues to Set All Time Highs

BRECKENRIDGE, CO – This past weekend the developers of Grand Timber Lodge and Gold Point Condominiums launched the sales of their newest resort, the Grand Lodge on Peak 7. "While final numbers are still coming in, we are confident that we will be over $5.1 million in sales – which we believe is a local record," company President, Michael Millisor stated. "We believe the demand for an affordable ski-in/ski-out property has increased as the price of whole ownership properties becomes out of reach for many looking to own in the mountains. With second home prices ranging from $900 - $1300 per square foot in Breckenridge, we are confident that the Grand Lodge on Peak 7 will continue to be a great alternative for those who want a ski-in/ski-out property in Summit County."

"I think it's important to note that over 4.5 million of the sales were to existing owners at Grand Timber Lodge. This is certainly a testament to the excellent service provided by our operations staff" says Rob Millisor, Vice President of Grand Lodge on Peak 7.

Located at the base of the Independence SuperChair and the top of the BreckConnect Gondola, the newest ski-in/ski-out resort will have 114 condominiums, a full service spa, restaurant (to be operated by Vail Resorts), family game center and lobby bar featuring a 3-story rock fireplace. The property will also include many owner-only amenities such as multiple indoor/outdoor pools, water features and hot tubs. Being situated halfway up Peak 7 and halfway down to town, owners and guests at the Grand Lodge on Peak 7 will have easy access to both mountain adventures and town activities. The Grand Lodge on Peak 7 is scheduled to open for occupancy during the 2008-2009 ski season.

For more information about the Grand Lodge on Peak 7 call 888-783-8883 or visit www.GrandLodgeonPeak7.com

About the Developers

Michael C. Millisor is the President of Gold Point Lodging & Realty, Inc. (GPLR) and Peak 7, LLC. Mike has been in the vacation ownership industry since he graduated from Colorado College in 1983, when he started working on plans to develop Gold Point Condominiums. He successfully built and sold Gold Point, which continues to be managed by Breckenridge Grand Vacations, the property management company owned and operated by GPLR. In 1998, Mike and his brother also developed Grand Timber Lodge, which is still in active timeshare sales. Mike has been a member of ARDA since 1986 and has earned his Registered Resort Professional (RRP) status with ARDA. He has also been on the ARDA Board of Directors since the spring of 2004.

Rob Millisor, Mike's younger brother, serves as Vice President of Gold Point Lodging & Realty, Inc. When Rob joined Mike in the development and sales of their first resort, Gold Point, GPLR was a small company with about eight employees. In 1998, the brothers began the development and sales of Grand Timber Lodge and the company expanded from twenty to 150 employees in the first year. Rob is very active in the community, having served as Director of the Breckenridge Resort Chamber Board; he also maintains roles as both a Breckenridge Town Councilman and also a Summit Foundation Board member. He generously donates to the needs of the community through the Summit Foundation and to the local schools through the Grand Timber Lodge Merchant Program.

Mike Dudick is the Vice President of Marketing at Grand Timber Lodge. After owning a publishing business in Breckenridge for eight years, Mike brought a tremendous amount of creative experience in production of client ads and compelling editorial to the Grand Timber leadership team. He became one of the owners and developers of Grand Timber Lodge in January of 1998 and won a national award just two short years later. Mike received the ARDA Gold Award for Marketing Management Executive by generating over $15 million in sales during 2000. He has also earned his Registered Resort Professional (RRP) accreditation with ARDA.

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If you would like to learn more about the value that Breckenridge Grand Vacations offers, please contact the resort directly at:

Breckenridge Grand Vacations
Post Office Box 6879
Breckenridge, CO 80424
Toll free: 888-783-8883
Email: customerservice@breckenridgegrandvacations.com
www.breckenridgegrandvacations.com

Media Contacts:
Kimberly Johnston, (970) 547-4036, kjohnston@breckenridgegrandvacations.com

 
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