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VAIL SUCKS

PAabe

Active member
Joined
Jan 20, 2021
Messages
449
Points
43
Location
Lancaster, PA
Walmart level prices only apply to the passes. Day tickets and especially night tickets have been increased a lot. Elimination of night passes, stopped participating in statewide 4th & 5th grade ski and ride pass, eliminated advantage cards, withdrew from regional ski cards and parks and rec. tickets
 

Cobbold

Active member
Joined
Apr 2, 2020
Messages
433
Points
28
Shortened seasons. Huge reduction in snowmaking (even at places like stowe). Cutting kids after school programs. Treat their employees like garbage. Vail cannot go out of business fast enough.
Don’t hold hold your breath while you are waiting for vail go out of business, although Peter lynch of fidelity fame, one of his rules in investing is buy a company that any old idiot can run because sooner or later an idiot will be running it, so I guess if you wait around long enough on vail, the lynch rule will probably happen
 

MadKitty

Member
Joined
Nov 4, 2021
Messages
75
Points
18
Don’t hold hold your breath while you are waiting for vail go out of business, although Peter lynch of fidelity fame, one of his rules in investing is buy a company that any old idiot can run because sooner or later an idiot will be running it, so I guess if you wait around long enough on vail, the lynch rule will probably happen
See American ski company. Exact same business model. Works for a few years until enough skiers get sick of terrible experiences and stop buying passes.
 

Edd

Well-known member
Joined
Nov 8, 2006
Messages
6,726
Points
113
Location
Newmarket, NH
This is the year for Wildcat and Vail for me. If they fuck it up (likely) than I’ll move on. It takes a special type of asshole company to fuck up Wildcat, which is a relatively simple ski area. I doubt there’s enough pissed off Wildcat regulars to put a blip on Vail’s radar but, if they ruin it, I hope the industry buzz shames them as they deserve to be shamed.
 

MadKitty

Member
Joined
Nov 4, 2021
Messages
75
Points
18
They will keep trying to get more and more profitable by tactics like further cuts to snowmaking/season length and increasing the number of resorts they charge for parking at. It will work out financially for a while but skiers will get increasingly pissed at them. They will eventually implode as people realize how terrible their skiing experience is but it will get worse before that. There are not enough gapers to sustain vail indefinitely. Especially since they are reducing the number of future skiers by their cuts to kids programs.
 

Cobbold

Active member
Joined
Apr 2, 2020
Messages
433
Points
28
See American ski company. Exact same business model. Works for a few years until enough skiers get sick of terrible experiences and stop buying passes.
the only thing American ski company and vail have in common is vail owns a few ski resorts that were part of American ski company, check a couple of vails last 10Q/10k, they have over a billion in cash, spending up to 320 million on 19 lifts and other projects, may hit 2 million in season passes, the next 10Q will confirm this, a few weeks ago stock hit a new high, Looks to me like vail is only getting stronger.
 

snoseek

Well-known member
Joined
Jun 7, 2006
Messages
6,457
Points
113
Location
NH
the only thing American ski company and vail have in common is vail owns a few ski resorts that were part of American ski company, check a couple of vails last 10Q/10k, they have over a billion in cash, spending up to 320 million on 19 lifts and other projects, may hit 2 million in season passes, the next 10Q will confirm this, a few weeks ago stock hit a new high, Looks to me like vail is only getting stronger.
Until they literally have no staff and no customers. I worked middle mgmt jobs for both companies and they were pretty close to me..

Edit. Asc actually paid alot.better come to think of it
 

Cobbold

Active member
Joined
Apr 2, 2020
Messages
433
Points
28
This is the year for Wildcat and Vail for me. If they fuck it up (likely) than I’ll move on. It takes a special type of asshole company to fuck up Wildcat, which is a relatively simple ski area. I doubt there’s enough pissed off Wildcat regulars to put a blip on Vail’s radar but, if they ruin it, I hope the industry buzz shames them as they deserve to be shamed.
Edd, not a skier at wildcat, only know of what you guys say, but it does seem that wildcat turned into a disaster, but the Vermont areas I ski at, in my opinion, no different then previous owners
 

Cobbold

Active member
Joined
Apr 2, 2020
Messages
433
Points
28
Until they literally have no staff and no customers. I worked middle mgmt jobs for both companies and they were pretty close to me..

Edit. Asc actually paid alot.better come to think of it
Time will tell, but I don’t think vail/alterra are going away
 

snoseek

Well-known member
Joined
Jun 7, 2006
Messages
6,457
Points
113
Location
NH
Time will tell, but I don’t think vail/alterra are going away
For now alterra seeks to have a better product imo. Just remember asc was a force to be reckoned with in the 90s. As soon as you go public rational long term planning goes out the window. What is vails end game here? Cut prices more to lure them back? It's not sustainable
 
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