Vail Resorts Reports Certain Ski Season Metrics for the Season-to-Date Period Ended April 21, 2019

Vail Village. Photo: Chris McLennan- Vail Resorts. Vail is the fourth resort on the list of Cheaphotels.org as the most expensive resorts to ski in the USA. The most expensive ski resorts in the USA.

Vail Resorts Reports Certain Ski Season Metrics for the Season-to-Date Period Ended April 21, 2019

Vail Resorts, Inc. (NYSE: MTN) today reported certain ski season metrics for the comparative periods from the beginning of the ski season through April 21, 2019, and for the prior year period through April 22, 2018. The reported ski season metrics are for their North American mountain resorts, and the metrics exclude results from our Australian resorts and their urban ski areas in both periods. The data mentioned in this release is interim period data and is subject to fiscal quarter end review and adjustments.

A family takes in the scenery and enjoys a day of skiing in Keystone, CO. Vail Resorts Reports Certain Ski Season Metrics for the Season-to-Date Period Ended April 21, 2019.
A family takes in the scenery and enjoys a day of skiing in Keystone, CO. Vail Resorts Reports Certain Ski Season Metrics for the Season-to-Date Period Ended April 21, 2019.
  • Season-to-date total lift ticket revenue at the Company’s North American mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 9.3% compared to the prior year season-to-date period.
  • Season-to-date ski school revenue was up 6.5% and dining revenue was up 7.0% compared to the prior year season-to-date period. Retail/rental revenue for North American resort store locations was up 6.2% compared to the prior year season-to-date period.
  • Season-to-date total skier visits for the Company’s North American mountain resorts were up 6.8% compared to the prior year season-to-date period.

Commenting on the ski season to date, Rob Katz, Chief Executive Officer, said, “We are pleased with our overall results as the 2018/2019 North American ski season concludes, with strong growth in visitation and spending compared to the prior year. The results from the key holiday weeks through the spring were largely in line with our original expectations as we saw strong destination visitation following the challenging early season period. Our results throughout the 2018/2019 North American ski season highlight the growth and stability resulting from our season pass, the benefit of our geographic diversification, the investments we make in our resorts and the success of our sophisticated, data-driven marketing efforts.”

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