Across the internet, skiers and snowboarders swore off buying an Epic Pass and Vail Resorts (MTN) stock after Park City Mountain buckled under the weight of the holiday crush, a storm and a ski patrol and safety worker strike.
But revenue from lift tickets, season passes and dining is up as the ski giant looks to convince investors its business plan will work.
If you want to run a travel-and-leisure company, you darn well better give the experience that you’re advertising.”
Analyst Megan Alexander from Morgan Stanley maintained a Hold rating on Vail Resorts (MTN – Research Report) and keeping the price target at
Shaun Kelley, an analyst from Bank of America Securities, reiterated the Hold rating on Vail Resorts (MTN – Research Report). The associated
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Attorney Daniel Tarpey expects it to be an “arduous” and “long procedural fight.” He and co-counsel have to prove there are enough skiers that may have been harmed in the same way during Park City Mountain’s recent strike to justify class action.
Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned -5.78% in the quarter compared to a -0.
The strike at Vail Resort's largest U.S. ski property lasted nearly two weeks and shined a spotlight on the growing union.
Breckenridge sees roughly 1.5 million skiers per year which isn't super surprising given its location and terrain. 'Breck' is one of the many resorts in Summit County, Colorado, just an hour and change up the road from Denver (depending on skier traffic).
The Colorado Snowsports Museum and Hall of Fame is in a modest building on the third level of the Vail Village Parking Structure in the heart of Vail Village.