Vail Resorts Yesterday Reported $140.8-Million Loss in Last Financial Quarter During its earnings call yesterday, Vail Resorts reported a loss of $140.8 million for the fiscal fourth quarter, which ended July 31st. Covid-19 related closures in Australia significantly impacted this summer’s balance sheet. Related: Vail Resorts Announces $320 Million ‘Epic Lift Upgrade’ With 19 New Chairlifts Across 14 Resorts The company posted $204.2 million in revenue for the quarter, up from […] Industry News SnowBrains | September 24, 2021 0 Comments
Vail Resorts Announces $320 Million ‘Epic Lift Upgrade’ With 19 New Chairlifts Across 14 Resorts Company’s largest single-year investment into the mountain experience is designed to materially reduce wait times and increase uphill capacity with 12 new high-speed chairlifts, a new high-speed gondola, 6 new fixed-grip chairlifts, new lift-served terrain, and an expanded restaurant Projects include: New high-speed lift and gondola out of Whistler Blackcomb’s Creekside; New high-speed lift in Vail’s Legendary Back Bowls; Company’s […] Industry News SnowBrains | September 24, 2021 0 Comments
Guests at Vail Resorts Will Have to Provide Vaccination Proof to Dine On-Mountain Vail Resorts yesterday announced its operating plan for the upcoming winter 21/22 season, and how the pandemic will impact its guests and employees. The company will not have a reservation system this winter. They will be running all lifts at normal capacity and will not require face masks in lift lines, on chairlifts, or in gondolas. “Face coverings will not […] Industry News SnowBrains | September 21, 2021 9 Comments
Vail Resorts Expands Youth Access Program Across 11 North American Cities to Inspire Next Generation of Skiers and Snowboarders Nonprofit partners receiving $560,000 in grants from Katz Amsterdam Charitable Trust in advance of 2021/22 winter season Vail Resorts and the company’s CEO, Rob Katz, via his family foundation, today announced 11 organizations receiving approximately $560,000 in grants as part of an ongoing commitment to increase youth access to outdoor recreation. Each of the nonprofit partners work to support youth […] Industry News SnowBrains | September 2, 2021 4 Comments
Vail Resorts Announces Opening Dates Across its North American Resorts The season kicks off with Keystone opening as early as possible in October Labor Day is the last chance to buy passes at the lowest prices this year; Epic Pass is currently available for $783 compared to $979 last season Excitement builds with new terrain, new lifts, and unbeatable access Vail Resorts yesterday announced the opening dates of its 34 North American resorts, offering guests […] Industry News SnowBrains | August 27, 2021 1 Comment
Vail Resorts Named One of Forbes’ America’s Best-in-State Employers 2021 This week Forbes shared its third-annual America’s Best-In-State Employers list, recognizing organizations top-rated by employees across the country. Compiled through a survey of U.S. employees across 25 industry sectors, including topics like salary, potential for career growth, and work environment, Vail Resorts was named to the list for the first year—one of a select group of companies in Colorado. Related: Vail Resorts Announces its […] Industry News SnowBrains | August 26, 2021 5 Comments
Colorado Supreme Court Denies Appeal in Lawsuit Against Vail Resorts for Inbounds Avalanche Death The family who lost their son to an inbounds avalanche at Vail Resort, CO, have been denied an appeal by the Colorado Supreme Court, the Colorado Sun reports. The decision ends their almost 10-year fight after losing the initial court case in 2018 and subsequent appeal to the Colorado Court of Appeals in 2020. Ingalls and Conlin filed their original […] Avalanche AvyBrains | August 19, 2021 0 Comments
Solitude Mountain Resort, UT, Raises Minimum Wage to $15 Per Hour Following an industry-wide rush to increase wages and entice workers, Solitude Mountain Resort has jumped on the train and increased its starting minimum wage to $15 an hour. The increase applies to all non-tipped positions and even includes wage bumps for certain potions paid above the old starting wage. The change represents more than a 2X increase over the Utah minimum […] Industry News Lucas Gauthier | August 17, 2021 0 Comments
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