Vail Resorts CEO Rob Katz Gives $2 Million in Grants to Support Mental & Behavioral Health Programs in Mountain Resort Communities across North America
On 13th December, Vail Resorts, Inc. (NYSE: MTN) announced that Chief Executive Officer Rob Katz and his wife, Elana Amsterdam, have made significant contributions totalling more than $2 million to support emotional wellness programs in nearly every mountain resort community in which Vail Resorts operates. The 30 grants were issued by the Katz Amsterdam Charitable Trust and will impact thousands of people seeking mental and behavioral health support across North America.
“It is our hope that these grants will help improve access to much-needed services around mental health and substance abuse and reduce the stigma and misunderstanding around these issues to encourage more people to get the help they need,” said Katz. “It is our privilege to be able to support so many outstanding organizations and meaningful programs already in place across our local communities in Colorado, Utah, Tahoe, British Columbia, Vermont and New Hampshire.”
Katz and Amsterdam have donated nearly $100 million dollars in recent years to the family’s charitable trust and foundation and named Beth Ganz executive director of the foundation in October to facilitate community engagement, sponsor research and collaboration and to work with non-profit partners to drive towards improved mental health outcomes in mountain resort communities. Ganz joined the Katz Amsterdam Foundation after 11 years as vice president of public affairs and sustainability for Vail Resorts.
Rusutsu joins the Epic Pass, Epic Local Pass and Epic Australia Pass in a long-term alliance, beginning with the 2019-20 winter season
Epic Pass, Epic Local and Epic Australia Pass holders will receive five consecutive complimentary days with no blackout dates at Rusutsu Resort in Hokkaido, Japan for the 2019-20 season
The Epic Pass, Epic Local Pass and Epic Australia Passes now offer 10 total days of Japanese access across 11 resorts in Japan, including the ten resorts in the Hakuba Valley
The industry-leading Epic Pass features 66 mountain resorts in eight countries for the 2019-20 season, more than any other season pass in the world
Vail Resorts, Inc. (NYSE: MTN) announced on 3rd December a long-term alliance with one of the most renowned resorts in the world for deep powder and tree skiing, Rusutsu Resort, located in Hokkaido, Japan, just 90 minutes from Sapporo and New Chitose Airport. Beginning with the 2019-20 season, the Epic Pass, Epic Local Pass and Epic Australia Pass will offer five consecutive complimentary days with no blackout dates at the three unique, interlinked mountains that make up Rusutsu Resort. The addition of Rusutsu to the Epic Pass, brings total pass access to 66 mountain resorts in eight countries in the 2019-20 season, significantly more than any other season pass in the world. Continue reading “Rusutsu, the Japanese Resort joins the EPIC Pass for the 2019-20 ski season.”
Vail to open Legendary Back Bowls. Resort Opens Portions of Sun Up and Sun Down Bowls
Vail Mountain has opened its legendary Back Bowls, providing access to portions of Sun Up and Sun Down bowls via High Noon Express (#5) and Sun Up Express (#9). Vail is now offering 2,166 acres of skiable terrain, with more anticipated to open this week.
This marks the third time in the last decade that the Back Bowls have opened this early. In 2014, the Back Bowls opened on Nov. 26, in time for Thanksgiving, and in 2010, portions of the Back Bowls opened on Nov. 24. The earliest the Back Bowls have opened this century was on Nov. 16, 2002.
“We are excited to open a portion of the Back Bowls this early in the season and are thankful that we were able to provide that legendary experience for our Thanksgiving holiday guests,” said Doug Lovell, Vail chief operating officer. “Vail has had a strong start to the season, with a foot of snow in the last 48 hours and almost six feet of snow this season. We are definitely experiencing mid-winter conditions.”
Epic Pass expands European Access in World-Class Resort in France and Italy: Les 3 Vallées in France and Skirama Dolomiti Adamello Brenta in Italy.
Vail Resorts expands access to seven consecutive days of skiing at Les 3 Vallées in France and Skirama Dolomiti Adamello Brenta in Italy with no restrictions, resulting in 26 days of European access
The Epic Pass is the ONLY multi-resort pass to offer significant access to European resorts
In one year, the Epic Pass has added access to 20 world-class resorts, inviting guests to experience an unprecedented total of 65 resorts throughout eight countries for $949, offering unlimited, unrestricted access to North America’s best resorts including Whistler Blackcomb, Vail, Park City and Breckenridge
The last chance to buy the 2018-19 Epic Pass is Sunday, Nov. 18.
Vail Resorts, Inc. announced today that Epic Pass holders will now receive seven days of skiing or snowboarding with no blackout dates at Les 3 Vallees, France and Skirama Dolomiti in a long-term alliance beginning with 2018-19 winter season. The Epic Pass, available for $949, offers skiers and snowboarders unlimited, unrestricted access to 19 mountain resorts, including world-class destinations like Whistler Blackcomb, Vail, Breckenridge and Park City, plus additional access to 46 more throughout the United States, Canada, Australia, Japan, France, Switzerland, Italy, and Austria. The Epic Pass is the only multi-resort pass to offer significant access to European resorts. Sunday, Nov. 18 is the last chance to buy the 2018-19 Epic Pass and the entire suite of Epic Season Pass options.
Skiing began in Europe and that storied heritage – along with the incredible terrain and abundant culture – puts Europe on the bucket list of every skier and snowboarder. The Epic Pass was the first multi-resort pass to offer North American and European access and now it offers an even more expansive experience.
“The value of the Epic Pass is giving skiers and snowboarders the flexibility to ski and ride where and when they want,”said Kirsten Lynch, chief marketing officer of Vail Resorts. “Our long-term alliances with Europe’s best ski resorts truly put the Epic Pass in a class of its own.”
“Les 3 Vallees is proud to expand the alliance with the Epic Pass and give skiers and snowboarders access to the largest interconnected ski area in the world,” said Vincent Lalanne, general manager of Les 3 Vallées. “We look forward to welcoming Epic Pass holders to experience the French Alps this season.”
Les 3 Vallées, the world’s largest connected ski area, is located in the Tarentaise Valley, in the heart of the French Alps. As implied by its name, the area consists of three valleys: Saint Bon, Les Allues and Les Belleville. The ski area is a network of seven resorts Courchevel, Méribel, Brides-les-Bains, Les Menuires, Saint Martin de Belleville, Val Thorens and Orelle. With 155 lifts, 372 miles (600km) of skiing on 332 marked pistes, Les 3 Vallées offers incredible skiing on high altitude terrain. 85% of the runs are above 5,905 feet (1 800 meters) and Les 3 Vallées is home to Val Thorens, Europe’s highest ski resort, at an altitude of 7,545 feet (2 300 meters).
South of the Alps, nestled amongst some of the most beautiful mountain peaks in the world such as the Brenta Dolomites and Adamello, is some of the best skiing in Italy. Skirama Dolomiti Adamello Brenta is home to 150 lifts and 236 miles (379 km) of ski slopes that make up acclaimed resorts such as Madonna di Campiglio and Pinzolo in Val Rendena; Folgarida-Marilleva, Peio and Tonale in Val di Sole; Ponte di Legno, Andalo-Fai della Paganella, Monte Bondone and Folgaria-Lavarone. The winter offering is enriched by the high-quality cuisine and the exclusive “Italian style.”
Vail Resorts Announces Long-Term Wind Energy Contract and Plan to Eliminate Conventional Single-Use Dining Plastics in its ‘Commitment to Zero’
Vail Resorts, Inc. yesterday took major steps in its ‘Commitment to Zero,’ as the Company announced a long-term wind energy contract to purchase the equivalent amount of electricity needed to power 100 percent of its estimated FY 2019 North American operations by 2020. Additionally, Vail Resorts announced a partnership with Eco-Products to supply all of its North American restaurants with compostable and recycled-content items and eliminate conventional single-use plastics, a process which will begin during the 2018-19 winter season.
The agreement with Lincoln Clean Energy will produce enough wind energy to reduce the emissions associated with Vail Resorts’ estimated FY19 North American electricity use by 100 percent, which includes 17 resorts and their associated retail, hospitality, and corporate offices
Eco-Products named ‘Official Zero Waste Partner’ of Vail Resorts to help divert nearly 300 tons of waste from landfills through sustainable sourcing, including a Smart Straw initiative
Today’s announcements are a part of the Company’s first EpicPromise Progress Report around its ‘Commitment to Zero’ initiative and corporate giving programs
Vail Resorts, Inc. (NYSE: MTN) today took major steps in its ‘Commitment to Zero,’ as the Company announced a long-term wind energy contract to purchase the equivalent amount of electricity needed to power 100 percent of its estimated FY 2019 North American operations by 2020. Additionally, Vail Resorts announced a partnership with Eco-Products to supply all of its North American restaurants with compostable and recycled-content items and eliminate conventional single-use plastics, a process which will begin during the 2018-19 winter season.
Emma, the World’s First Digital Mountain Assistant, Kicks Off the 2018-19 Winter Season in Beta at Keystone Ski Resort
– Emma, a first generation technology, offers guests real-time information on everything from snow conditions and parking to rentals and personal performance stats
– Designed to get smarter the more she interacts with guests, Emma is launching first at Keystone to take advantage of the early ski season
– To interact with Emma, guests at Keystone can text her at 77477
Vail Resorts, Inc. (NYSE: MTN) announced yesterday that Emma, the world’s first digital mountain assistant, has begun her inaugural winter season, launching in beta at Keystone Ski Resort in Colorado, which opened ahead of schedule this week. Emma is using the early season to better understand how guests ask questions while at the resort and will launch at eight additional ski resorts later this season: Vail, Beaver Creek and Breckenridge in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in Tahoe; and Whistler Blackcomb in Canada.
Through simple text messaging, Emma (your Epic Mountain Assistant) offers guests real-time information on everything from snow conditions, parking and personal performance stats to recommendations on rentals, lessons and dining options. This first generation technology uses artificial intelligence (AI) through natural language processing (NLP) to answer questions, 24 hours a day, 7 days a week through short message service (SMS) text. As Emma interacts with guests, she will get smarter, expanding her knowledge base and insight throughout the season.
“We are excited for Emma to launch in beta at Keystone. The earlier Emma can interact with guests on a variety of topics, the faster she will learn and adjust to guest preferences,” said Kirsten Lynch, chief marketing officer for Vail Resorts. “Emma is the world’s first digital mountain assistant and continues a decade of pioneering technological firsts from Vail Resorts to enhance the guest experience.”
Alterra is expecting to sell 250,000 of the new IKON Pass while Vail Resorts stated that their sales of the EPIC Pass are up thanks mostly to the $99 military pass. This was the excerpt heard during the annual Governor’s Tourism Conference at the Talisa Hotel in Vail. The “Trends in ski” panel with Alterra’s Head of Sales Bob Stinchcomb, Vail Resorts marketing chief Kieran Cain and Powdr’s Jennifer Rudolph.
Lauren Berlamino, of Karsh Hagan, a marketing, design and tech company started the discussion with where the whole ski industry is in Colorado, noting the challenges of shorter seasons due to climate change and aging demographic. The opportunities to be had are the experiences beyond skiing and the leading the way in sustainability.
One-fifth of skiers are 55 years or older, with some of the most avid participants are aged 70 and older. Skiers and snowboarders visits in the country have increased from 8.7 million in 1996-97 to 9.2 million in 2017-18. Berlamino states that this growth does not correlate with the overall population growth over the past years.
“It kind of sounds like we’re facing an uphill battle, but really Colorado is doing amazing in this industry,” she said. “I think nobody’s better positioned than our state to continue to ride this momentum and be successful amidst all this change that we’re seeing.”
According to the National Ski Areas Association, Colorado’s share of overnight ski trips in the calendar year of 2017 was 21 percent, followed by California at 13.7 percent. Of the 53.2 million skier visits, that’s about 11 million visitors to Colorado.
Whistler Blackomb, owned by Vail Resorts, has invested CAD66 million (USD 52 million) at Whistler Blackcomb, including a new gondola-to-gondola-to-gondola connection.
This historic investment accelerates the Renaissance plan’s mountain improvements, with a focus on the heart of the resort, and defers consideration of new water park
Vail Resorts, Inc. (NYSE: MTN) announced last year that the historic investment of CAD$66 million (USD$52 million) at Whistler Blackcomb for the 2018-19 season which focused on three new lifts at the heart of the resort. This transformative investment featured the addition of a new gondola on the Blackcomb side of the mountain, as well as several other lift infrastructure upgrades, providing quicker, easier access to all levels of terrain. The plan also represented the largest single-year capital investment program in the resort’s history, and the Company’s decision to accelerate the mountain improvements included in the Renaissance plan, while deferring consideration of the new water park.
A new 10-passenger gondola is replacing the Wizard and Solar chairlifts and ascend from the base to the top of Blackcomb Mountain, terminating adjacent to the existing PEAK 2 PEAK Gondola, which transports guests to and from Blackcomb and Whistler. Upon completion for the start of the season, the new gondola will offer guests a more comfortable and weather-protected experience in the first three-gondola connection in the world, enhancing the longest continuous lift system. The new gondola is expected to represent a 47-percent capacity increase and move 4,000 people per hour, the highest capacity in North America.
Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.
The Epic Pass, Epic Local Pass and Military Epic Pass now include unlimited, unrestricted access to Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort for the 2018-19 season
Passes for the 2018-19 season are currently on sale, with prices increasing Oct. 7
Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado. The Company purchased Triple Peaks from the Mueller family for a final purchase price of approximately $74 million, after adjustments for certain agreed-upon terms. As part of the transaction and with funds provided by Vail Resorts, Triple Peaks paid off $155 million in leases that all three resorts had with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate. Continue reading “Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.”
Vail Snow Days kicks off the 2018-19 winter season and returns bigger than ever with a four-day festival Thursday, Dec. 13 through Sunday, Dec. 16, 2018.
Vail Snow Days brings the entire community together to celebrate the early season. The schedule of activities for Vail Snow Days 2018 will include time-honored early season traditions including, the return of headliner concerts Friday and Saturday as well as new events including, the Pray for Snow Kick-off Celebration, pub crawls, and Bloodies and Bluegrass on Sunday.
The four-day festival will feature two nights of free concerts at Ford Park, presented by Bud Light. Big name headliners will be announced this fall and guests will have the opportunity to purchase Private Reserve VIP tickets.
The launch of Savor Vail will debut with early season offerings from local restaurants, bars, retail locations, galleries and spas.
Snow Days LIVE! will showcase live music all weekend long between Vail and Lionshead Villages as well as on-mountain.
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