The town of Vail has grown, and its retail shops, restaurants and hotels have been producing positive results in terms of town sales tax revenue.
But as the money trickles in to the town, the individual businesses themselves often have varying stories to tell. Some experience increases, while others might see flat revenues or even losses, and a shaky economy means the effects of redevelopment in town aren’t yet truly known.
While new hotels and restaurants that have opened may seem “hot” right now, some think the excitement will wear off and bring everyone to a level playing field.
Rayla Kundolf, director at Masters Gallery in Vail Village, said everyone wants to go to the new hot spots, but once that settles down, she expects all businesses in town to get a more even piece of the overall pie.
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