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
Your Phone Is Your Ticket to the Slopes: Vail Resorts Plans Hands-Free, Digital Access to Its North American Resorts New Guest Experience Innovation Expected by the 2023/24 North American Season Vail Resorts yesterday announced its plan to introduce a new technology that will allow guests to store their pass or lift ticket directly on their phone – eliminating the need to carry a plastic card, visit the ticket window, or wait to receive a pass or lift ticket in […] Industry News SnowBrains | September 29, 2022 3 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 Resorts’ Youth Access Program to Expand to 9,000 Participants Across 29 Mountains During the 2022/23 Season 2022/23 Epic for Everyone grants announced to increase access to snow sports in major metropolitan areas; grantees include the National Brotherhood of Skiers, Boys & Girls Clubs, SOS Outreach, and more How does a lifelong love of skiing or snowboarding begin? An introduction to the sport from other passionate skiers and snowboarders, in addition to the gear, lessons, and access […] Industry News SnowBrains | September 22, 2022 0 Comments
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 Corp. Files Court Complaint Against Town of Vail, CO, as Battle Over Workforce Housing Project Drags On On Tuesday, August 30, Vail Corp. filed a complaint at the Eagle County District Court against the town of Vail for improper use of the emergency ordinance process. The town of Vail passed an emergency ordinance, Ordinance 16, on August 2, to stop Vail Corp. from doing any work on its 23.2-acre parcel of land in East Vail. Vail Corp. […] Industry News Julia Schneemann | September 8, 2022 1 Comment
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
Vail Resorts Day Ticket Prices See 15% Increase for 2022/23 Day tickets for Vail Resorts’ ski areas are now online and available to purchase, giving us the opportunity to see how much they’re going to cost. We’ve not yet reached $300, but we’re not that far off. Vail Resorts 22/23 single-day peak lift ticket $: Vail $275Beaver Creek $275Park City $259Breck $255Northstar $235Keystone $225Heavenly $225Stowe $199Crested Butte $179Whistler $175Kirkwood $165Okemo […] Industry News SnowBrains | September 6, 2022 9 Comments
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