Vail Resorts is buying Peak Resorts. - Page 96

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  1. #951
    Quote Originally Posted by FBGM View Post
    lol no crap it’s a Vail move - not sure if you heard but they own these resorts now and there is no more Peak Resorts.

    These are all standard moves after acquisitions. People that don’t fit the mold go.
    Well as I've been made to understand Vail usually waits 1 season to make these moves.



    but thanks for your incredibly useless negative response.
    2019-2020


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  2. #952
    Quote Originally Posted by jimmywilson69 View Post
    Well as I've been made to understand Vail usually waits 1 season to make these moves.

    but thanks for your incredibly useless negative response.
    Wrong. Park City and Whistler acquisitions happened in same manor. Cuts were made this time of year with some getting insta ax while others getting option to run out winter.

    Low hanging fruit is a burden on the expense report.

  3. #953
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    Quote Originally Posted by jimmywilson69 View Post
    Well as I've been made to understand Vail usually waits 1 season to make these moves.

    but thanks for your incredibly useless negative response.
    I guess your understanding was wrong


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  4. #954
    I guess it was
    2019-2020


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  5. #955
    Quote Originally Posted by jimmywilson69 View Post
    I guess it was

    It was smart on Vail's part to tell those now that their positions were being eliminated in the Spring.

    This was they will be giving 150% in hopes that they get another position and/or they hope they find a position elsewhere and Vail saves severance and unemployment.

    I have seen it over and over and over with M&A's

  6. #956
    They just announced the epic pass is still on sale another week. There's an earnings call on December 9th. I wonder if they haven't sold enough passes yet to satisfy their earnings projections for the quarter. Normally there aren't this many "last chances" to buy. They could shoot themselves in the foot if they keep doing this (i.e. boy who cried wolf) I could be way off, but I think it's an interesting move.

  7. #957
    Quote Originally Posted by mgalluzz View Post
    They just announced the epic pass is still on sale another week. There's an earnings call on December 9th. I wonder if they haven't sold enough passes yet to satisfy their earnings projections for the quarter.
    They'll be reporting earnings through October 31st. It takes much longer than 9 days to report earnings.
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  8. #958
    Quote Originally Posted by mgalluzz View Post
    They just announced the epic pass is still on sale another week. There's an earnings call on December 9th. I wonder if they haven't sold enough passes yet to satisfy their earnings projections for the quarter. Normally there aren't this many "last chances" to buy. They could shoot themselves in the foot if they keep doing this (i.e. boy who cried wolf) I could be way off, but I think it's an interesting move.
    Not a bad idea to capitalize on the Thanksgiving crowd of the masses with this extension.

    As far fetched as it may seem to the tuned in crowd here with respect to the pass world, there are a slew of the masses who have no clue about it, and Vail kicking their last date of sale date back to closer to the last day of IKON sales date may very well sell them a tangible amount of additional EPIC passes...

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  9. #959
    not epic, but anecdotal re: ikon - i was at a work drinks thing last week and was chatting with someone who started telling me about his off-peak trips with the family planned to killington and tremblant. he had no idea ikon existed.

  10. #960
    My Epic Passes arrived! yay! Pics uploaded on the 11th, per vail passes printed on the 12th, arrived on the 26th. I think I am beating the curve which is ridiculous!

    Unfortunately there will be no skiing in southcentral pa this weekend...
    2019-2020


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    Ski Visits in CO 4

    Total Ski Visits 48


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