Vail’s Vision for $16 Billion Rail Revival Gains Momentum A proposal to rejuvenate a passenger rail service is gaining traction among local officials. The plan aims to connect the Eagle County Regional Airport directly to the town of Vail. It is seen as a potential solution to the region’s growing transportation and environmental challenges. Related: Vail, CO, Announces Parking Rates for 2023/24 Season, Selling Passes Now Avon Mayor Amy […] Industry News SnowBrains | November 4, 2023 0 Comments
Vail, CO, Announces Parking Rates for 2023/24 Season, Selling Passes Now Parking at Vail Mountain can be challenging at times. Recent winters have seen a steady increase in days where parking in the village has filled up, necessitating the usage of overflow parking on the frontage roads and outlying lots. The demand for parking creates a scenario where the town has to balance charging for parking to reduce the demand in […] Industry News Brent Thomas | October 11, 2023 0 Comments
Vail Resorts Reports 2023 Financial Results: Pass Sales +11%, Net Income Down $80 Million, and New Lifts Teased for 2024 Vail Resorts yesterday reported financial results for the fourth quarter and fiscal year 2023 ending July 31, 2023, season-to-date pass sales, and updates on capital spending plans. The results fell short of expectations due to subpar snowfall in Australia and North American summer operations underperforming. Shares dropped 0.5% in after-hours trading. Related: What are Vail Resorts’ Plans for World Domination? […] Industry News SnowBrains | September 29, 2023 0 Comments
Vail Town Council Ordered to Pay $17.5 Million to Vail Resorts for Booth Heights Parcel Eagle County District Court’s three-person commission ruled on Monday that the town of Vail in Colorado must pay Vail Resorts $17.5 million to acquire the 23-acre Booth Heights parcel in East Vail. The decision comes after years of contentious debate between the town and Vail Resorts, initially revolving around an affordable housing project the resort company had planned for its […] Industry News SnowBrains | September 19, 2023 0 Comments
Colorado Snowsports Museum and Hall of Fame Will Honor Class of 2023 on August 27 Colorado Snowsports Hall of Fame 2023 Award winners will be honored on August 27, 2023, at the Colorado Snowsports Museum. Votes were cast by snow sports industry professionals and the winners includes athletes, sports builders and inspirational individuals from all across the state of Colorado from Boulder to Crested Butte to Telluride The five inductees of the Class of 2023 […] Industry News Julia Schneemann | August 14, 2023 0 Comments
Record Breaking Home In Vail, CO, Now Available as $22,000 a Night Luxury Rental A house in Vail, Colorado, that sold in 2020 for a local real estate record $57.25 million has recently opened as a luxury vacation rental for the first time ever. The property, made available as a part of the Triumph Mountain Properties’ Apex Collection, is available starting at $22,000 a night, and will offer guests a top-of-the-line experience as they […] Industry News Kenneth Condon | August 13, 2023 0 Comments
Town of Vail, CO, Granted Possession of Hotly Contested East Vail Land The ongoing Vail versus Vail saga appears to have come to an end, as the Eagle County District Court Chief Judge Paul Dunkelman issued his ruling in favor of the town of Vail last Friday, June 30, 2023. The order issued by Judge Dunkelman grants the town of Vail immediate authority to condemn the hotly contested site in East Vail. […] Industry News Julia Schneemann | July 4, 2023 0 Comments
Vail Resorts 2023 Q3 Financial Results: Visitation, Revenue, Earnings Hit Record Highs | 23/24 Pass Sales Up 6% on Last Year Vail Resorts yesterday reported financial results for the third quarter of fiscal 2023 ended April 30, 2023, early season pass sales results, updated fiscal 2023 guidance, and completed $400 million in share repurchases during the quarter. Related: Vail Resorts Reports 22/23 Skier Visits Are Up 6.1% Over Last Season Shares dropped 2.3% in Friday’s pre-market trading as the results missed […] Industry News SnowBrains | June 9, 2023 0 Comments
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