News Archive

Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has agreed to acquire its first international mountain resort, Perisher Ski Resort (“Perisher”) in New South Wales, Australia, for total cash consideration of AU$176.6 million (approximately US$136 million), subject to certain adjustments. Perisher is the largest and most visited ski resort in Australia, and is well-positioned with access to the country’s largest cities, including Sydney, Melbourne, Adelaide, Canberra and Brisbane. Perisher is also the largest ski resort in the Southern Hemisphere. The acquisition is expected to close in the fourth quarter of fiscal 2015 following the satisfaction of certain conditions, including approval by the New South Wales Government under the long-term lease and license noted below.

Keystone Offers Variety of Events to Close 2014-15 Season Take Advantage Now of Keystone’s Offerings Before Season Ends Keystone, Colo. — March 26, 2015 — Spring has officially sprung,...

Vail Resorts, Inc. (NYSE: MTN) announced that it received unanimous approval from the Park City Planning Commission to implement one of the most ambitious and impactful capital plans in the history of the U.S. ski industry for the 2015-16 season. The plan would establish the connection between Park City Mountain Resort and Canyons Resort, creating the largest single ski area in the country with more than 7,300 acres of skiable terrain, and complete a number of critical upgrades to the infrastructure of both resorts. Park City’s approvals follow approvals from Summit County, Utah’s Synderville Basin Planning Commission in February.

Breckenridge, COLO – March 25, 2015 – Spring in Breckenridge is beginning to look a lot like winter, with 11 inches of fresh snow piling up at Breckenridge Ski Resort since Monday, readying...

During the two week period from Saturday, March 28 through Saturday, April 11 Vail Mountain, one of the largest ski resorts in the world, will adjust operating hours to 9 a.m. to 5 p.m. to better...