Alta Ski Area, UT Gives Update on 2020-21 Season Pass Pricing Alta Ski Area in Utah has just provided an update on their season pass pricing plan for next season. The ‘skier’s only’ operation acknowledged that there is tremendous uncertainty in the ski industry right now and that they won’t be asking skiers to be purchase passes for next season at this time. So, they are delaying the announcement of season […] Industry News SnowBrains | April 29, 2020 2 Comments
Colorado Sells Record $1.75 Billion Of Cannabis in 2019 According to the Colorado Department of Revenue data, Colorado’s cannabis shops set an annual state record last year with $1.75 billion in sales revenue — yes, that’s BILLION with a B. The Cannabis industry in Colorado brought in over $300 million in tax revenue to the state in 2019 as well, surprising economists who believed that Colorado’s cannabis industry was […] Brains SnowBrains | February 21, 2020 1 Comment
Crystal Mountain, WA loses more than $1 million dollars during 5 day closure A 5 day closure of highway 410 leading to Crystal Mountain Resort, WA just cost the ski area upwards of $1 million in lost revenue. Four separate landslides ran across the highway, blocking entry to Crystal for almost an entire week and trapping about 125 workers at the mountain. During the time the road was closed Crystal Mountain suspended its […] Industry News Martin Kuprianowicz | February 14, 2020 0 Comments
VIDEO: Mikaela Shiffrin Discusses How She Manages her Finances as the World’s Highest Paid Skier [arve url="https://youtu.be/PiJRv5z8zW4"] SnowBrains | June 13, 2019 Likes Tweets 0 Comments
Have $105 Million? Buy a Colorado 14er! Colorado’s southernmost 14er, Culebra Peak, has just hit the market for a hefty price. The peak is the highest privately owned peak in the world and is now up for sale as part of the Cielo Vista Ranch. The ranch is an incredible property that includes 83,368 acres and deeded ownership to eighteen 13,000′ peaks and one 14er spread over […] Climbing Jake Rubnitz | July 25, 2017 1 Comment
Vail Resorts Posts $65.3 Million Quarterly Loss | Made $1.3 Billion Last Year, Season Pass Sales Up 24% While Vail Resorts Inc. has seen its highest visitations throughout this year, their most recent numbers report a significant loss for the summer quarter. Throughout the entire fiscal year, Vail is posting good earnings and significant growth across the board. Vail Resorts Inc. 2016 Statistics The July quarter recorded a $65.3 million loss, better than last years $70.1 million loss Total mountain […] Dylan Cautela | September 29, 2016 0 Comments
Receiver for Jay Peak Resorts Declines $93 Million offer from Bellwether Asset Management and Elicits Further Investigation In the spring of 2014 the Securities and Exchanges Commission (SEC) began investigation and a trial against Bill Stenger and Ariel Quiros. Stenger and Quiros are two major developers who took part in a large portion of the redevelopment for Jay Peak Resorts and its affiliates as well as other projects in the Northeast Kingdom and facilities throughout New England […] Dylan Cautela | September 8, 2016 0 Comments
CA Ski Resorts Are Struggling Financially | Will They Get Bought Out By Vail? California ski resorts are struggling to make ends meet right now. They’ve been struggling to make ends meet for the past 3 winters. In 2011/12 Tahoe received 80% of average snowfall. In 2012/13, Tahoe received 50% of average snowfall. Thus far in 2013/14, Tahoe has received less than 40% of average snowfall. These low snowfall numbers have translated into very low skier visits and very low revenue for California ski resorts (Mammoth […] SnowBrains | January 29, 2014 11 Comments
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