News Roundup: Vail Numbers

  • Vail Resorts has sold 850,000 season passes as of September 18th, an 18 percent increase compared to last year at this time.
  • CEO Rob Katz assures skiers reservations should be widely available for most resorts on most days.
  • Vail lost $153.6 million in the quarter ended July 31st compared with an $89.5 million loss in the same period last year.
  • For the full fiscal year 2020, Vail reported a net income of $98.8 million, a decrease of 67.2 percent.
  • The company also recently cut 410 jobs.
  • Regarding capital projects and the seven lift projects Vail postponed this year, Katz said on the conference call:

“We are of course going to be monitoring the season closely before we come out with any plan for calendar year 2021. We’ll make sure we’re incorporating what happened this year. We will likely still be in a conservative approach though hopefully not as conservative as last year because the environment around Covid and travel has all improved. We will definitely be prioritizing projects that we think will have a significant impact on the guest experience and certainly some of the projects that we deferred from last year will be top of the list.”

Yosemite’s Badger Pass Will Not Open This Season

The multinational hospitality company which operates Badger Pass in Yosemite National Park has announced the ski area will not operate for winter 2020-21. Badger Pass is one of only three US ski areas located in a National Park and features four fixed grip chairlifts and 90 acres of terrain.

Chairlifts at Badger Pass will sit idle this winter.

“Due to ongoing concerns related to COVID-19, Badger Pass Ski Area will not open for the 2020-21 season. This includes both Nordic and downhill operations,” read a statement from Aramark Corporation, which operates Badger under a long term agreement with the National Park Service. “We are in the process of contacting season pass holders with the option of a season pass rollover or refund. Thank you for your continued interest in California’s original ski area, and we hope to see you next season,” the statement continued. Publicly-traded Aramark reported a $328 million operating loss in the most recent quarter with revenue down 46 percent due to the pandemic.

News Roundup: California Dreaming

  • The Town of Jackson, Wyoming inches closer to approving the Snow King Gondola five years after it was first proposed.
  • Aspen Skiing Company eliminates nearly 50 positions citing the “ever shifting Covid landscape.”
  • The Miami Dolphins won’t operate their SkyView stadium gondola this NFL season.
  • In New Zealand, ski resorts say they are not the mask police.
  • Alps resorts prepare to reopen this month.
  • The Colorado Passenger Tramway Safety Board grants a variance for a new Telemix on Aspen Mountain.
  • Ikon Pass holders will need a reservation to visit certain resorts this season while other mountains will not require reservations and more are still deciding.
  • Big Sky’s Lone Peak Tram will be open this winter but guests may be allowed to boot pack to the summit as an alternative.
  • A second indoor ski resort for the United States moves ahead near DC.
  • Aspen Snowmass and other creditors will appeal a judge’s decision to keep Liftopia out of bankruptcy.
  • Some Canadians aren’t happy with Vail’s pandemic-era customer service.
  • Magic Mountain, Idaho is threatened by a wildfire.
  • A study finds the proposed Oakland Athletics gondola would carry a million riders a year and generate $685 million in economic activity.
  • This summer’s construction projects are just the beginning for the new Saddleback Mountain.
  • A planned urban gondola in Los Angeles get a fresh name and website as it prepares for environmental review.
  • Leitner Ropeways will build New Zealand’s first eight passenger chairlift.
  • The Utah Department of Transportation continues to refine alternatives for Little Cottonwood Canyon and will release a report this fall.
  • Great Bear solicits bids for a new chairlift.

News Roundup: Name Change

News Roundup: Perfect

News Roundup: Endless Winter

News Roundup: 2020 and Beyond

News Roundup: Transitions

News Roundup: Investments

News Roundup: Master Planning