Vail Resorts Creates Deep Pockets With $1.3 Billion Cash On Hand—What’s Next? Vail Resorts as a company is one of the most polarizing topics in the ski community since skiers vs. snowboarders in the mid-’80s. The ski community is torn on whether to hate them for their mass acquisitions or to love them for the variety and coverage that their season pass offers. Regardless, there is one thing for certain: People are […] Industry News Artur | July 1, 2021 4 Comments
Vail Resorts CEO Rob Katz to Donate $29.3 Million From SARs Exercise | Announces Increased Focus on Racial Justice Vail Resorts announced that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs) set to expire in 2022 and will be making a charitable donation of 100 percent of the proceeds received. After withholding shares for the exercise price and taxes, Katz received 91,661 shares of Vail Resorts stock from the SARs exercise. These shares will be sold, and the […] Industry News SnowBrains | June 14, 2021 1 Comment
Vail Resorts CEO Rob Katz Says Key to Growth is Reducing Crowds As winter 20/21 approaches its natural end, in sharp contrast to the abrupt end of the 19/20 season, resorts will begin looking back at the successes, and failures, of the ski season that almost never was. All resorts introduced operational changes to enforce face-covering compliance, socially distanced lift lines and skier capacities, many closed restaurants, and on-mountain lodges, and ticket […] Industry News SnowBrains | April 14, 2021 18 Comments
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