Vail Resorts to Develop 4th Base Village at West Lionshead, Vail Mountain, CO The Town of Vail, Vail Resorts, and East West Partners today announced a partnership to develop the West Lionshead area into a fourth base village at Vail Mountain, the world’s premier alpine destination. The new base village, planned in the location formerly designated for the Ever Vail project, will reinforce Vail Mountain’s status as a world-class destination, and is anticipated […] Industry News Press Release | October 2, 2024 0 Comments
Vail Resorts Announces Job Cuts to Streamline Operations for Future Growth Vail Resorts, the world’s largest mountain resort operator, announced significant job cuts as part of a two-year transformation plan to improve efficiency and enable future growth. The company will cut 14% of its corporate staff and less than 1% of its operations workforce, impacting less than 2% of its employees. In a letter to employees, Lynch stated, “A portion of […] Industry News SnowBrains | September 27, 2024 0 Comments
Vail Resorts 2024 Financial Results: Income Down 15%, Skier Visitation Down 9.5% | $100 Million Efficiency Plan Unveiled Yesterday, Vail Resorts, Inc. reported its fiscal 2024 fourth quarter and full-year results, revealing a decline in net income to $230.4 million, down from $268.1 million in the previous year. Related: Vail Resorts Rumored to Investigate Purchase of 3rd Swiss Resort Despite challenging weather conditions and industry normalization post-COVID, Vail Resorts demonstrated resilience through its advance commitment strategy. The company […] Industry News SnowBrains | September 27, 2024 1 Comment
SnowBrains Forecast: Colorado Gearing Up for First Snowstorm of the Season | Front Range Could See Up to 1 Foot Temperatures set to drop 20+ degrees below normal in Colorado on Sunday. Source: maps.weatherbell.com Forecast Summary Forecast written on Thursday, September 19, 2024, at 9 p.m. MST A low pressure system sitting over Southern California is set to move eastward over Arizona and eventually SE Colorado this weekend Very moist air from the Gulf of Mexico gets sucked in to […] Weather WeatherBrains | September 19, 2024 0 Comments
Colorado Snowsports Museum & Hall of Fame Inducts Icons for 2024 On September 7, 2024, the Colorado Snowsports Museum and Hall of Fame inducted iconic members of the skiing community. The list of people included not just incredible athletes but also people who worked closely behind the scenes to help advance the sport. Among the inducted was legendary alpine ski racer Lindsey Vonn. The other inductees included the lightning-quick speed skier […] Greg Obernesser | September 12, 2024 0 Comments
Vail Resorts Announces 24/25 Winter Opening Dates for Tahoe Resorts, Whistler Blackcomb, Colorado Resorts, Park City, and Stevens Pass Skiers and riders also invited to leave their gear at home this season and try My Epic Gear membership: Premium gear available slopeside BROOMFIELD, Colo., Aug. 14, 2024 — The best time to plan for winter is now, and your checklist to prepare for the ski and ride season is here. Skiers and riders who start planning now will lock […] Industry News Press Release | August 14, 2024 0 Comments
Vail Resorts Q3 2024 Financial Results: Record Q3 Earnings Despite Weather Challenges; 24/25 Epic Pass Sales Down 5% Vail Resorts yesterday announced its financial results for the third quarter of fiscal 2024, which ended on April 30. Despite challenging weather conditions, the company reported significant growth in key areas and provided updates on its fiscal 2024 guidance and early season pass sales. Related: What are Vail Resorts’ Plans for World Domination? Key Highlights: Net Income and EBITDA Growth: […] Industry News SnowBrains | June 7, 2024 0 Comments
Vail and Aspen, CO, Have 5 Michelin Key Hotels Between the Two of Them Throughout history, many ski resorts have indeed been geared towards higher-end amenities. This trend can be traced back to the origins of ski tourism in the late 19th and early 20th centuries. Early ski resorts, particularly those in the Swiss Alps such as St. Moritz and Davos, were developed as exclusive winter retreats for affluent Europeans seeking leisure and health benefits from the […] Industry News Gregg Frantz | May 29, 2024 0 Comments
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