Vail Resorts

Vail Resorts Closes Acquisition of Three Resorts

Vail Resorts has just announced the closing on their 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. Triple Peaks, LLC was purchase from the Mueller family for approximately $74 million.

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Vail Resorts

CEO of Vail Resorts Establishes New Charity

Rob Katz, the chairman and CEO of Vail Resorts, Inc., has established a new charitable fund to give back to mountain resorts communities. Pledging $58 million, the new fund will benefit a variety of nonprofits, social service organizations, and more that work to improve the quality of life and environment around some of the nation’s most precious mountain towns and cities. [Read more…]

Vail Resorts

Vail Resorts To Acquire Stowe Mountain Resort

On February 17, 2017, Vail Resorts, Inc. announced their agreement to acquire Stowe Mountain Resort from the Mt. Mansfield Company, Inc. The company purchased the resort from the subsidiary of American International Group, Inc. for the price of $50 million, subject to certain adjustments.

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Vail Resorts

Vail Resorts Invests $100 Million in Resort Improvements For 2016-17

Vail Resorts is investing $100 million in the guest experience for the upcoming winter ski season of 2016-17 across all of its resort properties. This brings their five-year, industry-leading resort investment total to over $500 million across the company.

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