Vail suspending all ski operations immediately - Page 43

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  1. #421
    Quote Originally Posted by kingslug View Post
    Our Pass more than paid for itself...but ill take 20%.
    I'm with you!

    Used my for 34 days, and I'm getting 20% off of my next Epic, No complaints at all
    '07--08 season: 51 Days, '08-'09 season: 55 Days, '09-'10 season: 41 Days, '10-'11 season: 49 days, '11-'12 season: 40 Days '12-'13 season: 57 days, '13-'14 season, 60 days '14-'15 season 60 days, '15-'16 season 52 days, '16-'17 season: 50 days, '17-'18 season 52 days, '18-'19 season 45 days '07-'19 seasons: 612 Days

    '19 - '20 season:

    November: 16.17,23,29,30 (Mount Snow)
    December: 1,7,14,15,21,26,27,28,29,30 (Mount Snow) 16 (Mount Southington) 22 (Okemo) 31 (Berkshire East)
    January: 1,4,5,11,12,18,19,20,25,26 (Mount Snow) 6,13,23,27 (Mount Southington)
    February: 1,2,15,16,22,23 (Mount Snow) 3,5,12 (Mount Southington) 8 (Bromley) 9 (Stratton) 17 (Pico) 29 (Burke)
    March: 1,14 (Mount Snow) 2 (Mount Southington) 5,6,7 (Cannon) 8 (Loon)

  2. #422
    kingslug's Avatar
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    I'm glad I started early this year and ended up with a damn good season. Amazingly one of my better powder years.
    But I never seem to get enough spring skiing in. And this year would have been pretty cold and frozen up there all month.
    Lets go!
    I'll drive.

  3. #423
    thetrailboss's Avatar
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    Meanwhile....



    https://www.saminfo.com/headline-new...-bond-offering
    Live, Ski, or Die!


  4. #424
    machski's Avatar
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    So they basically doubled their liquidity while delaying debt requirements. Sounds nice but given the corner they had been pushed into, they totally needed this. They had become extremely high leveraged almost overnight as the season ended abruptly and spring pass sale revenues dried up to zilch. They will still have a tough road ahead for the next several years. I doubt we will see many on hill improvements for several summers at Vail resorts, not just this summer.

    Sent from my SM-T830 using AlpineZone mobile app

  5. #425
    Quote Originally Posted by p_levert View Post
    I certainly agree that most class action lawsuits are frivolous and merely serve to enrich the lawyers. I have gotten the postcards like everyone else.

    OTOH, jeez, class action lawsuits are an important check on corporate power. If not for class action, any corporation could rip people off for $1,000 or $2,000, and there would be very little recourse for consumers, because it's expensive to sue. So class action lawsuits are not all bad. That's all I want to say.
    Yup. Corporations can rip you off the consumers get pennies back on the dollar while attorney rack in millions! What a racket!


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  6. #426
    JimG.'s Avatar
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    Quote Originally Posted by kingslug View Post
    I'm glad I started early this year and ended up with a damn good season. Amazingly one of my better powder years.
    But I never seem to get enough spring skiing in. And this year would have been pretty cold and frozen up there all month.
    Sounds like my season. Enjoyable while it lasted.

    My last 2 days March 8-9 at K were classic spring days sunny 45-50. And it has been a cold spring with precipitation so far.

  7. #427
    Quote Originally Posted by mister moose View Post
    So for the few pass buyers that had a 2nd half of March trip planned, and didn't use the pass yet, Vail is offering an 80% refund? I get pro-rating for used days, but a 20% retainage for zero days used is an epic grab.
    Probably assuming that the pass could have been used during the 80% of the season that passed.


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  8. #428
    thetrailboss's Avatar
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    Quote Originally Posted by machski View Post
    So they basically doubled their liquidity while delaying debt requirements. Sounds nice but given the corner they had been pushed into, they totally needed this. They had become extremely high leveraged almost overnight as the season ended abruptly and spring pass sale revenues dried up to zilch. They will still have a tough road ahead for the next several years. I doubt we will see many on hill improvements for several summers at Vail resorts, not just this summer.

    Sent from my SM-T830 using AlpineZone mobile app
    Just saw it mentioned on another site that the recent corporate disclosure for the SEC stated that in this transaction Vail agreed not to make any major capital improvements or acquisitions until at least January 2022.
    Live, Ski, or Die!


  9. #429
    machski's Avatar
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    Quote Originally Posted by thetrailboss View Post
    Just saw it mentioned on another site that the recent corporate disclosure for the SEC stated that in this transaction Vail agreed not to make any major capital improvements or acquisitions until at least January 2022.
    Not a hard decision, they are in survival mode. I doubt they will be able to swing many upgrades or CapEx at least til then. And I read in '22, they have like over $1B note coming due. I think I'd dump that stock if I owned any.

    Sent from my Pixel 3 using AlpineZone mobile app

  10. #430
    Doubt corporate will let him comment anymore than their public line, but on his FB page, Mount Snow's communications director the last few seasons, Jamie Storrs, announced on his FB page that he's now Senior manager for Communications for Eastern Resorts for Vail.

    Since yesterday, April 30th, was the last day the Peak Resorts existed in the corporate sense, and the date that those from Peak who Vail let know that they'd be employed through, came to an end, seems like Jamie, who's been in good guy in the times I've met him, made the cut....

    Now if the new Eastern Senior Communications director wants to try and see if the possibility of Bruce Jacques playing at Brewfest this Labor Day if it happens can occur, a bunch of Mount Snow regulars would love a Jacques/Tuohy combo!!

    And for those who haven't heard of Bruce Jacques, he's a live musician/comedian who regularly plays Cuzzin's at Mount Snow most weekends during the prime winter season (as well as at Wachusett and a bunch of other bars/restaurants across the Northeast year round. He's done live Happy Hour streaming concerts from his house the last 4 Fridays and raised over 40k for various food banks from viewer donations during those 4 live happy hours!

    Sent from my Moto Z (2) using AlpineZone mobile app
    '07--08 season: 51 Days, '08-'09 season: 55 Days, '09-'10 season: 41 Days, '10-'11 season: 49 days, '11-'12 season: 40 Days '12-'13 season: 57 days, '13-'14 season, 60 days '14-'15 season 60 days, '15-'16 season 52 days, '16-'17 season: 50 days, '17-'18 season 52 days, '18-'19 season 45 days '07-'19 seasons: 612 Days

    '19 - '20 season:

    November: 16.17,23,29,30 (Mount Snow)
    December: 1,7,14,15,21,26,27,28,29,30 (Mount Snow) 16 (Mount Southington) 22 (Okemo) 31 (Berkshire East)
    January: 1,4,5,11,12,18,19,20,25,26 (Mount Snow) 6,13,23,27 (Mount Southington)
    February: 1,2,15,16,22,23 (Mount Snow) 3,5,12 (Mount Southington) 8 (Bromley) 9 (Stratton) 17 (Pico) 29 (Burke)
    March: 1,14 (Mount Snow) 2 (Mount Southington) 5,6,7 (Cannon) 8 (Loon)

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