Vail Resorts, one of the two companies that control a large chunk of American ski and snowboarding resorts, is reporting a rough winter. Thanks to low snowfall in the Mountain States where Vail’s footprint is disproportionate, business has been bad, with season-to-date skier visits down 11.9 percent season-over-season through March 1. Initial forecasts of $201 million to $276 million in net income were slashed to $144 million to $190 million for the year.
Comments