vail resorts

Vail Resorts Nears 100% Renewable Electricity Goal as Large-Scale Wind Farm Goes Online

Today, Vail Resorts celebrates a major step toward its 100 percent renewable electricity goal as a new large-scale wind farm, enabled by the Company, has gone online. Vail Resorts has committed to purchase 310,000-megawatt hours (MWh) of wind energy annually from the new 82-turbine Plum Creek Wind project, which will address more than 90 percent of the Company’s current electricity […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
0 Comments

Vail Resorts Announces North American Summer Operating Dates and Safety Plans

whistler, vail resorts,

Vail Resorts announced yesterday summer opening dates and operating plans at its North American resorts as well as the Company’s commitment to safety amid the COVID-19 pandemic. The first set of resorts will open June 26, including Keystone, Crested Butte, Okemo, and Mount Snow. Additional resorts are scheduled to open shortly thereafter, including Whistler Blackcomb (June 29, subject to provincial […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
0 Comments

David Lesh Poaches Again at a Vail Resort With a Message for the Corporate Giant

David lesh

Former pro-skier David Lesh, 34 is up to his stunts again, returning to a closed Vail Resort to poach some snowmobile lines. At the end of April, he photographed himself snowmobiling at Keystone Resort, CO, and has recently returned to a Vail Resort with a message for the industry giant. Related: Former Pro-Skier David Lesh Shares Pictures of Himself Snowmobiling at […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
2 Comments

Vail Resorts CEO Donates $11.7 Million to Support COVID-19 Efforts, Racial Justice Reform and Youth Access

vail resorts,

Vail Resorts, Inc. announced yesterday that Chairman and Chief Executive Officer Rob Katz has exercised stock appreciation rights (SARs), that were set to expire in 2021, and will be making a charitable donation of 100 percent of the proceeds received.  Based on the market price on the date of exercise of $194.74 per share, the donation is equal to approximately $11.7 million.  After withholding […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
0 Comments

Vail Resorts’ 3rd Quarter Revenue Fell $263.9-Million Due to COVID-19 Closures

vail resorts, layoffs,

Vail Resorts, Inc. yesterday reported results for the third quarter of fiscal 2020 ended April 30, 2020, which were significantly impacted by COVID-19 and the resulting closure of the Company’s North American destination mountain resorts and regional ski areas on March 15, 2020.  Related: Rob Katz, Vail Resorts CEO Addresses Current Racial Unrest | Admits Personal Failings in Addressing ‘Overwhelmingly […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
1 Comment

Rob Katz, Vail Resorts CEO Addresses Current Racial Unrest | Admits Personal Failings in Addressing ‘Overwhelmingly White’ Sport

vail resorts,

Vail Resorts CEO Rob Katz sent a letter to employees on Tuesday saying “we are part of the problem” in reference to the murder of George Floyd in Minneapolis and the week of protests and unrest across the nation, and the world. Having been around our industry for close to 30 years and CEO of Vail Resorts for the past […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
4 Comments

Vail Resorts Will Not Reopen Any Resorts For Skiing This Spring | Summer Operations Will Begin Late June/Early July

vail resorts,

Vail Resorts CEO Rob Katz sent the following email to employees yesterday morning regarding the company’s approach to reopening its resorts and businesses in this new environment. In a letter to employees yesterday, Vail Resorts CEO Rob Katz revealed the company’s plans for reopening its resorts and businesses in the coming weeks and months. First the bad news; no Vail […]
Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains |
1 Comment