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Vail

SnowBrains Forecast: Holiday Snow Out West Under Active Pattern, And Lots of it

Forecast By The SnowBrains Meteorology team  10:25 PM MST, 12/23/2021 Forecast Summary: A very active pattern will bring multiple rounds of snow across the western US, with significant snowfall totals likely through Tuesday. Snow will get started Thursday night and will keep going almost continuously through Tuesday for most locations. A brief break will come Wednesday before active weather continues […]

Post Tag for WeatherWeather
Eric McNamee | December 23, 2021
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Vail Resorts’ Rob Katz Donates $32.5 Million to Local Charities | Almost $4.9 Million in Grants to Advance Mental Health Care and Support Racial Justice Efforts

Vail Resorts yesterday announced that Executive Chairperson Rob Katz has exercised stock appreciation rights (SARs), and will be making a charitable donation of 100% of the net proceeds he received. After withholding shares for payment of the exercise price and taxes, Katz received 98,209 shares of Vail Resorts stock from the SARs exercise. Based on the net proceeds from the sale of […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | December 16, 2021
1 Comment

Vail Resorts Made a $139.3-Million Loss Last Quarter | Still Has $1.5-Billion Cash on Hand

Business man skiing, vail resorts financial

Vail Resorts Inc. yesterday reported a loss of $139.3 million in its fiscal first quarter, which ended October 31st, posting a loss of $3.44 per share. However, the result beat expectations, which were widely expecting a loss of $3.65 per share, and was less than the $153.8 million dollar loss the same quarter last year. The company continues to be negatively […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | December 10, 2021
2 Comments

SnowBrains Forecast: Pattern Change Out West; Feet of Snow Expected

Forecast By SnowBrains Chief Meteorologist – Eric McNamee  8:35 PM MST, 12/5/2021 Forecast Summary: FEET of snow is expected across the western US over the next week as a major pattern change occurs. The extremely dry November over the west looks to hopefully change going into December as a long-wave trough develops.  Different regions of the west will see rounds […]

Post Tag for WeatherWeather
Eric McNamee | December 5, 2021
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The Death of the Paper Trail Map? Vail Resorts Will Only Provide Paper Trail Maps on Request

Vail Resorts has an admirable goal––to eliminate the environmental impact of its operations by the year 2030. The ‘Epic Promise’ initiative, launched in 2017, set out with the goals of zero net emissions, zero waste to landfill, and zero net operating impact to forests and habitat, all by 2030. “The environment is our business, and we have a special obligation to protect it.” […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | November 12, 2021
3 Comments

Vail and Breckenridge, CO, to Open Tomorrow With Limited Terrain

Vail Resorts’ Breckenridge Ski Area, CO, will open as scheduled tomorrow (Friday 12th November) with around 50-acres of terrain on Peak 8. Access to Peak 8 will be from the BreckConnect Gondola, which will start turning at 8 am. Related: These Are the 5 Resorts Open in North America This Week Both the Colorado SuperChair and 5-Chair will open at 8:30 […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | November 11, 2021
0 Comments

Vail, CO, to Increase Sales Tax to Combat “Big Problem” of Housing

It’s no secret that affordable housing is an issue at ski resorts across the country, with resorts and towns struggling to hire enough staff in time for the upcoming winter. To combat this, Vail, CO, is proposing a sales tax increase to support housing initiatives, Vail Daily reports. Related: Utah Ski Resorts Desperately Seeking Employees as Winter Approaches and National Labor […]

Avatar photo SnowBrains | November 4, 2021
2 Comments

Vail Resorts Has a New CEO as Rob Katz Steps Aside

Kirsten Lynch

Kirsten Lynch, previously chief marketing officer for Vail Resorts, was yesterday appointed chief executive officer and elected to the Company’s board of directors. Her predecessor, Rob Katz, was appointed executive chairperson of the board and will remain fully active and engaged in Vail Resorts’ key strategic decisions and priorities. Additionally, Ryan Bennett, previously vice president of marketing, lift revenue, was named […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | November 3, 2021
1 Comment

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