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.”

News Roundup: Now That’s a Model

  • Snowbasin will test solar-powered USB charging bars in five of its gondola cabins in partnership with Goal Zero.
  • Mt. Waterman in Los Angeles’ San Gabriel Mountains reopens this weekend with 3 Riblet doubles operating for the first time in five years.  The mountain will honor all tickets and passes sold since 2011!
  • Two years after his 6-year old daughter fell from a chair, a New Jersey man sues Campgaw Mountain and the town/county it’s located in for “careless and reckless” operation of a ski lift.
  • Sugarloaf just can’t catch a break.  A power failure shut down most of its lifts for hours on their first Saturday with snow.
  • Did you know Doppelmayr operates a zoo with more than 400 animals at its headquarters in Wolfurt?
  • Speaking of Doppelmayr, their interactive installation map now displays 24 world record-breaking ropeways (click the red button on the bottom left.)
  • Somebody had to do it.  Spirit Mountain, Minnesota becomes the first to offer lift-served, downhill fat biking starting Sunday.
  • Whistler Village Gondola cabin #84 returns to its roots in the Alps as The Coffee Gondola.
  • What appears to be a Doppelmayr quad chair rolls back in China, screaming ensues.