Squaw Valley USA Announces the Appointment of Chevis Hosea as Vice President of Development [Squaw Valley USA] July 19, 2011 – Squaw Valley USA welcomes Chevis Hosea as the newest addition to the resort’s executive team. With more than 28 years experience in the approval, design, construction and management of world-class recreational development projects, Hosea will serve as Squaw Valley’s vice president of development. His appointment is effective immediately. Hosea will be responsible for overseeing all of Squaw Valley’s base area improvement projects including a new ticketing and season pass sales center and significant upgrades to several of the resort’s base area restaurants and après ski venues for the 2011-12 winter season. In addition, Hosea will manage long-term capital improvement plans for the resort focused on improving the overall guest experience via facility upgrades and base area development. “We are truly thrilled to have someone with Mr. Hosea’s experience here at Squaw Valley,” said Andy Wirth, Squaw Valley’s president and chief executive officer. “Mr. Hosea has a unique ability to enhance all facets of the resort experience through here-and-now facility improvements, extensive planning and long-term visioning capabilities.” In his most recent position as vice president of KSL La Costa Development Corporation, Hosea managed over $350 million in development in La Quinta, Calif. and $250 million in development projects at La Costa Resort and Spa in Carlsbad, Calif. including the development of 200 condo hotel units, spa, ballroom, retail, restaurants and amenities. “Squaw Valley is the gold standard of resorts in Lake Tahoe—and with Squaw Valley’s five year capital improvement plan, the resort will only be getting better,” said Hosea. “I’m honored be a part of the Squaw Valley team in these transformative times.” For great summer lodging packages, call 1-866-366-7261 or visit www.squaw.com. Squaw Valley USA was founded in 1949 and hosted the 1960 Olympic Winter Games, the first televised Olympics. Squaw Valley is one of the largest and most diverse mountain resorts in North America, with incomparable outdoor recreational amenities that attract both local residents and visitors from around the globe. For more information, please visit www.squaw.com # # # #