Vail Reports Earnings and What it Says About Park City

On Monday, Vail Resorts reported a loss of $70 million in the last quarter of its 2015 Fiscal year. The loss was more than stock analysts expected and the stock dropped 4% in Monday trading. However, its revenues surged 20% to over $162 million during the quarter. In looking historically at the financials, a 4th …

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Vail Earnings to Be Released Monday

With Vail now being such a large part of our community, you may want to listen to Monday’s company earnings call. Last quarter I learned that Vail does not actually forecast the number of visitors to its resorts. It forecasts the money made. So when Vail told Park City and Summit that they didn’t know …

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Response to Our Story on Vail Forecasting Numbers

Earlier today we wrote a story on how Vail does not forecast visitor numbers. We stated that we as a community should not take Vail’s policy of non-forecasting to mean that there won’t be additional visitors. We said that we needed to use common sense to ensure that adequate parking and traffic mitigation accompanied additions …

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What We Have to Understand about Vail Forecasting Visitor Numbers

In an interview on KPCW with a Park City Planner about approving Vail’s new Canyons/PCMR Gondola, the planner noted that Vail said it would not increase the number of visitors with the Gondola. This apparently was one of the reasons it was approved with no increased need for parking. When we heard that, we couldn’t believe it. However …

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Are Park City and Vail Equals?

Have you seen the 1980’s movie Arthur starring Dudley Moore? It’s about a semi-lovable, rich drunk who is heir to a fortune. However, his father and grandmother decide that unless he marries a woman named Susan, who he doesn’t like, he will lose it all. While it’s not the greatest movie ever told, we’ve begun wondering if …

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Will Woodward Park City Find a Home at the Gorgoza Sledding Park?

We heard interesting speculation over the weekend. Someone asked what POWDR Corp was planning on doing with the Gorgoza sledding hill since it wasn’t part of the PCMR sale to Vail. Another person mentioned “wouldn’t that make a good home for Woodward Park City?” Woodward Park City is the facility they were going to put at the base …

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