Vail plans to connect Park City, Canyons

BROOMFIELD —Vail Resorts Inc. (NYSE: MTN) announced Monday it will spend $50 million on upgrades to its Park City and Canyons ski areas that includes connecting the two areas creating the largest single ski area in the country with more than 7,300 acres of skiable terrain.

The plan will be subject to approval by Summit County and the city of Park City.

For the 2015-2016 ski season, Broomfield-based Vail Resorts intends to operate the two resorts as one brand under the name Park City Mountain Resort. The Canyons base area will be renamed Canyons at Park City.

Components of the $50 million capital…