Vail Resorts’ 4th Qtr 2022 Results | Closes Out the Year With $2.5 Billion Sales, Best Since 2009 Vail Resorts yesterday reported financial results for the fourth quarter of fiscal 2022 which ended July 31st, 2022. Net income was $347.9 million, compared to $127.9 million the previous year. The company recorded $836.9 million in earnings compared to $544.7 million the previous year. Lift revenue was $1.31bn for the three months to July 31st, an increase of $233.6 million, […] Industry News SnowBrains | September 29, 2022 2 Comments
Town of Vail, CO, Offers Vail Corp. $12 Million For Contested Land The latest development in the ongoing saga of Vail town versus the Vail Corporation was that the town narrowly voted in favor of extending an offer of $12 million for the purchase of the contested 23.3 acre parcel of land in East Vail. The mayor Kim Langmaid stated that the offer was based on advice from several experts and deemed […] Industry News Julia Schneemann | September 26, 2022 1 Comment
Vail Residents Come To Council Meeting In Public Display of Support For Vail Town In the ongoing saga of Vail Corp. versus Vail town, a strong and vocal group of residents are siding with the town of Vail. Vail Council meets on the first and third Tuesday of each month, and the council meetings typically start with citizens’ input. At the latest council meeting, many residents attended in person to show their support for the […] Julia Schneemann | September 19, 2022 0 Comments
Vail Mountain, CO, Striving for its Earliest Opening Day Ever Vail Mountain is striving for its earliest Opening Day ever this upcoming 22/23 winter season, slated for November 11, 2022 (Veterans Day). If all goes to plan, they will beat last year’s November 12 record by one day, one of the earliest Opening Days in decades. The resort will rely on Mother Nature and upgrades made to its state-of-the-art snowmaking […] Industry News Nick DeRiso | September 7, 2022 1 Comment
Town of Vail, CO, to Receive $1.8 Million Grant for Clean Transit Vail Transit will reach a significant milestone in its goal to transition to a 100% clean energy fleet by 2032. The Town of Vail is set to receive a $1.8 million grant from the Federal Transit Administration, as part of its program to improve clean transit in rural areas. The funds will help purchase a pair of battery-operated electric shuttle […] Industry News Nick DeRiso | August 30, 2022 0 Comments
Vail Mountain, Beaver Creek, Breckenridge, Keystone and Crested Butte Announce Winter Opening Dates, Operating Plans and New Attractions for 2022-23 Season Vail Mountain, Beaver Creek, Breckenridge, Keystone, and Crested Butte announced today their opening dates for the winter 2022-23 season, starting with Keystone’s kick-off in October and running all the way until spring with Breckenridge opening well into May. Keystone will open as soon as weather and conditions permit in October, thanks to its state-of-the-art, energy-efficient snowmaking system. Breckenridge and Vail […] Industry News SnowBrains | August 22, 2022 0 Comments
Vail Mountain, CO, Weighs Options to Improve Parking Experience, Including Dynamic Pricing The parking situation at Vail Mountain, CO, is less than ideal. On peak days when the lots fill up, cars are forced to park on Frontage Road. Last year there were 53 days this happened. A town committee is considering options on how to reduce the number of spillover days to no more than 15. To do this they estimate […] Industry News Brent Thomas | August 19, 2022 1 Comment
Vail Resorts Employee Housing Project Blocked to Protect Bighorn Sheep Vail Town Council last night suspended all permits on a parcel of land owned by Vail Resorts where the company was planning on building employee housing. The council initially approved the housing project in 2019 but condemned it earlier this year to protect the local bighorn sheep herd’s winter range. Yesterday’s vote, 6-1 in favor, was called “drastic and unprecedented” by […] Industry News SnowBrains | August 3, 2022 1 Comment
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