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Vail Resorts reports news on a global mountain resort network that includes destination and regional ski areas in North America, Switzerland and Australia. Recurring updates cover Epic Pass products, season pass sales, skier visits, lift revenue, ski school, dining, retail and rental activity, and weather-related effects on resort operations.
The company also announces financial results and guidance, summer and winter resort operations, food and beverage offerings, rental technology initiatives such as My Epic Gear, and lodging and hospitality activity tied to RockResorts, vacation rentals, condominiums and the Grand Teton Lodge Company.
Vail Resorts, Inc. has acquired Crans-Montana Mountain Resort, its second ski resort in Europe, representing a strategic investment in the region. The acquisition includes ownership of lifts, ski schools, restaurants, and a total valuation of CHF 118.5 million. Vail Resorts plans to invest CHF 30 million in capital spending to enhance guest experiences over the next five years. Season pass details and access for the 2024/25 season were also announced. Appointments have been made to oversee operations in Switzerland, with Mike Goar appointed as regional COO and Pete Petrovski as managing director of Crans-Montana Mountain Resort.
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