A Vail Resorts investor made waves in the ski industry this week when he published a scathing report on the company, calling for the resignation of CEO Kirsten Lynch and former CEO Rob Katz,
Late Apex Partners lobbies for sweeping changes to Vail Resort’s strategy and leadership, including hiring of new CEO
A 48-bedroom, Vail Resorts-owned apartment complex has nearly cleared Breckenridge Planning Commission as officials give the project an OK to move forward with a final review after the developer revised plans at officials’ request.
Vail Resorts issued its annual early season update to investors on Thursday, reporting that season-to-date total skier visits through Jan. 5
Book Vail Resorts properties at up to 15% off, starting at $119 per night, with properties in Breckenridge, Beaver Creek and Crested Butte, Colorado; Whistler, British Columbia; Stowe, Vermont; and more.
In Breckenridge, about 79 miles west of Denver, employees are without heat and hot water in Vail Resorts-owned employee housing there, leading to many lift operators calling out sick and the Broomfield-based ski giant having to shuffle workers between its resorts in Summit and Eagle counties, Vail Resorts said.
Vail Resorts is in the midst of another negotiation with a ski patrol union, and this time around, the union is calling upon guests to provide written testimony. The Keystone Ski Patrol Union (KSPU) met with Vail on January 22,
Vail Resorts Inc . (NYSE:MTN), with a market capitalization of $6.36 billion, announced on Monday the expansion of its credit facilities and the repurchase of a portion of its convertible notes, indicating a strategic move to strengthen its financial position.
Crested Butte Lift Maintenance has voted to authorize a strike against Vail Resorts over contract negotiations.
It's an influential time for ski resort employees here in Colorado. It comes after a Park City Mountain Resort patroller strike in Utah earned them higher wages and benefits. That success in another state with the same parent company is now playing into local contract conversations with resorts owned by Vail Resorts.
But revenue from lift tickets, season passes and dining is up as the ski giant looks to convince investors its business plan will work.
Analyst Shaun Kelley from Bank of America Securities maintained a Hold rating on Vail Resorts (MTN – Research Report) and keeping the price