New Zealand to Reopen Economy Saying They Have Won ‘Battle’ Against COVID-19 New Zealand’s Prime Minister Jacinda Ardern said Monday that the country has “eliminated” the coronavirus and will be easing restrictions from “level four” to level three,” as new cases are now only in the single figures. CNN reports that New Zealand has reported one new case, four “probable cases” and one new death today on Monday, April 27. It’s hopeful […] Kiwi Brains | April 27, 2020 0 Comments
The Hardest Hit Companies of the COVID-19 Economic Crisis : ‘BEACH’ Stocks The COVID-19 pandemic has spread to over 100 countries and governments everywhere are implementing strict travel restrictions. As a result, “Beach” stocks, companies in the entertainment and travel sectors, have seen a $332 billion market loss in the past month, Visual Capitalist reports. Beach stocks are companies involved with: Booking Entertainment & live events Airlines Cruises and Casinos Hotels & […] Brains The Brains | April 7, 2020 0 Comments
Vail Resorts Calls Off All 2020 Lift Construction, Announces Drastic Reduction In Expenses Today, Vail Resorts announced the cancellation of all their lift construction projects for 2020. Some of the ski resorts Vail had intended on giving new lifts included Breckenridge, Beaver Creek, Keystone, and Okemo. The company made the decision as a response to the dramatic decline in their revenue stream due to the COVID-19 crisis. The mega-corporation expects this decrease in […] Industry News SnowBrains | April 3, 2020 1 Comment
Criminal Investigation Underway at Austrian Ski Resort Linked to Thousands of Coronavirus Cases A criminal investigation has been opened at Ischgl, a popular Austrian ski town well-known for its party and après scene, into allegations that an initial coronavirus infection was covered up at the local ski resort which we now are considering as the center of the European outbreak. Hundreds of new cases in Germany, Iceland, Norway, and Denmark have been traced […] Industry News SnowBrains | March 27, 2020 0 Comments
Arapahoe Basin Ski Area, CO Lays off 430 Employees Arapahoe Basin is letting go of 430 seasonal full-time and part-time employees come April 1 due to the COVID-19 pandemic. Chief operating officer Alan Henceroth made the announcement on Friday, March 20, 2020 in a video that was shared on Arapahoe Basin’s website and Instagram. He said, “We did not see the massive disruption to all of our personal lives. […] Industry News Martin Kuprianowicz | March 21, 2020 0 Comments
Vail Resorts Stock is Dropping Rapidly As Season is Cut Short The rapid spread of the Coronavirus has forced Vail Resorts to suspend operations for the remainder of the season. Drastically impacting the largest publicly traded company in the industry, Vail Resort’s stock is now experiencing a major drop. Fear has taken hold of stockholders, among others, with the possibility of a recession becoming a reality following the pandemic. After reaching the […] Industry News Emily Crofton | March 18, 2020 1 Comment
The Best of the Decade: Athletes, Gear, News, and Entertainment The skiing and snowboarding industry has taken off in the last decade with more and more athletes pulling off incredible feats and pushing the boundaries of how we interact with snow. From new tricks to world records being smashed and jawdropping camera footage amazing fans worldwide, we’ve collected some of the greatest stars, gear, moments, and movies from the last […] Industry News Lucy Ferneyhough | January 3, 2020 0 Comments
Vail Resorts: Earnings are WAY Up This Quarter Day lift passes at Vail Mountain, Colorado and neighboring Beaver Creek will hit $219 a day during the holiday season, the most expensive walk-up lift passes in the country. Related: Vail and Beaver Creek, CO Will Charge $219 for a Walk-Up Lift Ticket this Holiday Yesterday, Vail Resorts reported that season pass sales through December 2 for the current North American […] Industry News SnowBrains | December 11, 2019 1 Comment