Featured 2-Bedroom Antlers at Vail Condo

One of the joys of staying at the Antlers at Vail is that the condominiums are true vacation homes. Each homeowner has put forth the effort to make their condo a special home for guests to enjoy.

Joe & Marie Forish, Featured Antlers at Vail Homeowners

Joe & Marie Forish, Featured Antlers at Vail Homeowners

2-bedroom Antlers at Vail Condo 414 has only had two sets of owners. In 2007 Joe & Marie Forish purchased their condo from the son of an original Antlers owner. The Forishes were some of the first owners to buy in to the Antlers new unit quality improvement plan and proceeded to quickly earn their condo a platinum rating. Joe & Marie had beautiful durable porcelain hardwood installed in the living, kitchen and hall areas. They added new slab granite, tile backsplash and Whirlpool stainless steel appliances in the kitchen. The bathrooms received new granite countertops, sinks and faucets achieving a beautiful contemporary look. And, throughout new wood beams on the ceiling accent the new leather furniture, as well as new dining room furniture and bar stools.

414_kitchen

The spacious kitchen, living and dining areas were remodeled to include a beautiful and durable hardwood-looking porcelain tile, wood beams on the ceiling, slab granite counters, tile backsplash and stainless steel appliances,

What motivated you to make the Antlers at Vail your vacation home in Vail?

We started coming to Vail many years ago for ski vacations when our children were young. We loved the family atmosphere and eventually decided to invest in property there after our son moved to the Vail Valley upon finishing college. After a lot of research and investigation of dozens of properties, we decided to buy our unit at the Antlers. The location was great with just a short walk to the Lionshead lifts. It had great access to the TOV bus and good restaurants within walking distance, but probably the biggest positive was the great staff. Everyone from the senior leadership like Rob and Magda to the housekeeping and maintenance personnel to the desk staff were so friendly and customer-oriented that we knew it should be our “home away from home”. We also liked the fact that we knew our home would be well cared-for by the management when we were not there.

What is special about your Antlers vacation home?

We have tried to make our unit a warm and welcoming home for anyone who visits and uses the unit. We’ve gone to some lengths to choose high quality furnishings and appoint it in a manner which is comfortable and yet elegant. Small touches like the stained glass panels which reflect the afternoon sunsets, the upgraded furnishings and all the coordinated accessories are meant to make visitors feel that our home is very much their home while they visit. The fact that we have a bedroom with a King bed, a second with 2 Queen beds and a very comfortable pull-out sofa bed also means that a larger family can stay together in our unit rather than renting an even larger one — or having to rent two units. It is quite simply a  great place to return to after a day on the slopes or out in the beauty of the Vail Valley.

The Antlers Has Done It Again

The Antlers has just done what nobody else has done … again.  For someone who likes to think outside the circle (see?) it is insanely gratifying to work for a company that’s consistently willing to try new things, break ground and be on the cutting edge. Do leaders get some arrows in the back? Sure, but I’d much rather have a few darts in the derrière than just slog along in the middle of the pack.

Among all the lodging properties in Vail (and later the Vail Valley), here are just a few of the things on which the Antlers has led the way:
Not charging for local phone calls (that’s right … 1983-ish)
Accepting non-Saturday to Saturday bookings during the height of the ski season (even harder to remember that)
Building employee housing (1982)
Converting all wood-burning fireplaces to gas (1991)
Putting VCR’s in every condo (1987)
Getting a fax machine (1992-ish … people asked, “What will you do with it?” and we said, “We really don’t know.”)
Computerizing our operations (1980 … with an Apple II+)
Adopting a stretch of highway (1985)
Offering free snowshoe rentals to all of our winter guests (2012)
Starting the redevelopment of Lionshead (2001 … at $18M, that was the biggest of all)

Now comes another biggie … more subtle than some of the others, but with potentially huge impact.  For many years the Antlers owners have enjoyed a 64/36 rental spilt. Owners get 64% of the rental income from their condominium. For full service properties (daily maid service, etc.) that’s the best in Vail, by a pretty wide margin. The rental split at most of our competition ranges from 60/40 to 50/50.

Last month the Antlers owners agreed to change that split, but here’s the fun part … Consistent with our efforts to encourage the owners to upgrade their condos to Platinum status, the split will be a sliding scale. Those units rated 90 and above (Platinum) will maintain the old 64/36 split, but for every rating point below 90, the split changes by 1%. In other words, a unit rated 88 (high gold) will receive 62% of the rental revenue rather than 64%. Our lowest rated units with an LQA score of 83 (thankfully not many of those) will have a 57/43 rental split … right up until the time they make some improvements (many of which are now being hastily scheduled).

This is a pretty radical departure from our historical approach of only using carrots to motivate condo improvements. This has a decidedly greater “stick” element to it. Does that part bother me? Yep, a little. But there’s such justification for it and ultimately it really is fair (in my mind, at least).

Best of all, it’s totally cutting edge. Nobody else is doing it … YET. I’m willing to bet that others will follow. I can’t wait to see.

Rob