News Roundup: Pass Edition

12 thoughts on “News Roundup: Pass Edition

  1. Ryan G.'s avatar Ryan G. March 7, 2025 / 8:40 pm

    Well.. Powder Mountain and the beautiful Ogden Valley area below were ONCE.. a nice quiet peaceful place. Now catering to the millionaires out there. I should have purchased property there while I could.

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  2. Jerry's avatar Jerry March 8, 2025 / 10:16 am

    what’s the point of source links if the information is behind paywalls and hidden

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    • Ryan G.'s avatar Ryan G. March 9, 2025 / 12:46 am

      It can depend on a few factors such as browser settings and what not. It may not be behind paywalls or hidden to all. which article are you trying to access?

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  3. Jonathan's avatar Jonathan March 8, 2025 / 1:00 pm

    Man, Vail had too bad of a year to raise pass prices and offer next to no changes or promises of capital expenditures. I think they may be in for some bad news come revenue time.

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    • JS's avatar JS March 8, 2025 / 3:18 pm

      Earnings call coming up on Monday. Wonder if the CEO will keep blaming the weather for the stock price and for Flying Bear at Attitash, Pioneer Lift at Park City, Comet Express at Heavenly, and many others.

      https://investors.vailresorts.com

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      • Ryan G.'s avatar Ryan G. March 9, 2025 / 12:49 am

        Just happy to see Pioneer turning again. Compliments to the team up there at Park City for getting her going. Would be curious to know what ended up being the true mechanical/electronical failure here? Not posting blame, just curious. It’s a good learning experience.

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    • Anthony's avatar Anthony March 9, 2025 / 7:15 pm

      What’s wild is that they actually are spending a lot on capex––it’s just that in North America, it’s mostly things that aren’t related to lifts, lodges, or other skiing infrastructure. They’re spending $200 million over the next year on things like My Epic Gear and the My Epic app.

      They’re also spending as much as $20 million each quarter on dividends to shareholders, which is by no means required, and have spent more than $500 million in the past two years on stock buybacks.

      Meanwhile there are places like Whistler-Blackcomb that probably need $100-$150 million just in lift-related capex over the next 5-7 years.

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  4. SUNAPEE INSIDER's avatar SUNAPEE INSIDER March 9, 2025 / 6:33 am

    Why does anyone think lawyer Goldberg has any interest at all in selling Burke? He will milk that cash cow until he’s dead.

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    • Joe Blake's avatar Joe Blake March 9, 2025 / 9:40 pm

      He does seem uninterested in progress, that’s for sure. Sucks for the NEK folks who don’t have any kind of stability.

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  5. Chris's avatar Chris March 13, 2025 / 4:21 am

    How odd with an open roof on the top station in Antercëp, that has to be quite unusuall for new lifts.

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  6. skitheeast's avatar skitheeast April 7, 2025 / 8:56 am

    I have said it before, but Ikon really needs a pass tier below their existing Base Pass. Having nothing between the Session Pass (which does not price or sell well) and the $909 Base Pass is where Vail runs in circles around them with their regional and Local Passes. With Ikon’s financial structure, it would likely be difficult to do with many non-Alterra partners. However, some combination of unlimited and midweek-only access at June, Schweitzer, Snowshoe, BBMR, Solitude, Stratton, Sugarbush, Winter Park, Crystal, and A-Basin priced somewhere in the $600-$700 range, replacing a number of their single mountain options, would do incredibly well and likely not cannibalize existing sales.

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    • carletongebhardt's avatar carletongebhardt April 7, 2025 / 2:36 pm

      I don’t know about all the Alterra resorts, but in the East Sugarbush and Stratton both offer weekday passes. But yes, they are only good at those resorts, so not the same as Epic.

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