Vail Mountain, CO, Starts Snowmaking in Preparation for Earliest Opening Day Ever Vail Mountain, CO, turned on its snowguns yesterday and joined several Colorado resorts in snowmaking. Copper Mountain, Keystone, Loveland, and Arapahoe Basin (and Killington in Vermont) have all started snowmaking in the last week or so. Related: Which Ski Resort Will Open First This Year? #RaceToOpen The resort strives for its earliest Opening Day this upcoming 22/23 winter season, slated for […] SnowBrains | October 14, 2022 0 Comments
Vail Mountain, CO, is Opening 2 High-Altitude Ice Bars New for the ‘22/23 Season, Vail Mountain is planning to open two on-mountain bars sculpted out of ice and snow. In celebration of the resort’s 60th season, Vail is bringing back the high-altitude party spots for the first time since the 1960s. Vail pioneer Bill Whiteford built the original ice bar in February of 1965, during the resort’s third season […] Industry News Nick DeRiso | October 11, 2022 0 Comments
Vail Town Council Asking for Public Donations to Help in Purchase of Contested Land From Vail Resorts Vail Town Council in Colorado is asking the public to help fund the town’s acquisition of the East Vail parcel owned by Vail Resorts, who had hoped to build employee housing. The town had a $12 million offer for the land rejected by the ski conglomerate last week. The fund has been set up “in response to some community members, guests, […] Industry News SnowBrains | October 10, 2022 0 Comments
Guaranteed Parking Pass at Vail, CO, Costs $5,500 | Up 65% on Last Year At a meeting on Tuesday, Vail Town Council outlined its parking rates and passes for the upcoming winter season. The town will be introducing peak days and charging more on these days, as well as rate increases across the board, including the Premier Pass, which will increase from $3,330 to $5,500—a 65% increase. “Parking is not easy. It’s always a balancing […] Industry News SnowBrains | October 7, 2022 5 Comments
[VIDEO] How Vail Resorts Makes its Money A fascinating look behind the economics of the behemoth that is Vail Resorts, based on its most recently reported earnings. Related: Vail Resorts’ 4th Qtr 2022 Results | Closes Out the Year With $2.5 Billion Sales, Best Since 2009 For instance, pass products account for 61% of the company’s revenue. And with 17.3 million skier visits last season, the average […] Industry News SnowBrains | October 6, 2022 6 Comments
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
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 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
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