Vail Resorts Inc - Company Profile
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Business Description
Vail Resorts Inc (Vail) is an owner and operator of luxury mountain resorts. The company owns and operates ski resorts, destination resorts, luxury hotels, condominiums, and resort golf courses. Vail also provides related services, including ski school, and retail, dining, and rental operations.
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Business Segments
Overview
Owns and manages a portfolio of luxury hotels under the RockResorts brand. Also includes ownership and management of non-RockResorts branded hotels and condominiums proximate to its North American Resorts; National Park Service (NPS) concessionaire properties including Grand Teton Lodge Company (GTLC); mountain resort golf courses; and a Colorado resort ground transportation company. Intends to complement and improve mountain resort operations through ownership or management of lodging properties and condominiums close to its mountain resorts and management of luxury resorts in premier destination locations.
Performance
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Overview
Owns and operates a portfolio of mountain resorts and urban ski areas, which includes Whistler Blackcomb in British Columbia, Canada; Vail Mountain, Beaver Creek, Breckenridge and Keystone resorts in Colorado; Heavenly, Northstar and Kirkwood Mountain resorts in the Lake Tahoe area of California and Nevada; Park City in Utah; Wilmot Mountain in Wisconsin; Perisher in Australia; Mt. Brighton in Michigan; and Afton Alps in Minnesota. Also comprises lift ticket, ski and snowboard school, dining and retail and rental businesses.
Performance
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Overview
Operates through its wholly-owned subsidiary, Vail Resorts Development Company (VRDC), which develops, holds, buys and sells real property holdings in its resort communities. Moreover, the segment benefits its Mountain and Lodging segments by creating additional resort lodging facilities and venues, expanding property management and commercial leasing operations, and controlling architectural themes of its resorts. The segment holds the real properties at its resorts located in Eagle counties and Summit in Colorado.
Performance
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Geographical Segments
Performance
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Performance
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