VAIL SUCKS

[kingslug]

2 feet this week alone at stowe and the bush..cold as hell today and tomorrow..more snow coming...get it while its good..

 

[Vince]

Vail has sold or is in the process of selling the Okemo Golf Course to a private investor.

 

[thetrailboss]

Vail has sold or is in the process of selling the Okemo Golf Course to a private investor.

That seems odd. I would think that would be a big part of their four-season plans for Okemo.

 

[giantfan]

Vail has sold or is in the process of selling the Okemo Golf Course to a private investor.

Do you know if they are selling Okemo Valley, Tater Hill, or both?

Edit: They have this posted on the Tater Hill site:

UPDATE: TATER HILL GOLF CLUB TO PERMANENTLY CLOSE​

After careful consideration, we have made the decision to permanently close Tater Hill Golf Club. Throughout the summer months, we will continue to place our focus on the upcoming ski and snowboard season at Okemo and look forward to welcoming our guests back to Okemo this winter.

 

[njdiver85]

Wondering if the Mount Snow Golf Club is on the chopping block then?

 

[LonghornSkier]

Don’t really understanding divesting golf assets when the pandemic was the best thing for entry into the sport in 20 years...

 

[deadheadskier]

Moving on from the Okemo course is surprising. Closing Tater Hill is not. A friend of mine was the pro there for a few years. Place struggled to make money and there was talk of closing it every year. Only reason Okemo ended up with it is because the owners of Fox Run, the former 9 hole course Okemo expanded to 18, also owned Tater Hill and they included it as part of the Fox Run sale.

 

[Hastur]

Okemo Valley Golf was probably the best thing Okemo had going. Fun course. Hard but playable and nice views. Very resorty course feel. Only other golf course affiliated with a ski mountain that is on par or better would be sugarloaf.

I hope the new owners don't turn it private


Tater Hill is probably the strangest course I have ever played. Front 9 was great for high handicappers though and kids learning the game.

 

[2Planker]

Okemo Valley Golf was probably the best thing Okemo had going. Fun course. Hard but playable and nice views. Very resorty course feel. Only other golf course affiliated with a ski mountain that is on par or better would be sugarloaf.

I hope the new owners don't turn it private


Tater Hill is probably the strangest course I have ever played. Front 9 was great for high handicappers though and kids learning the game.

I would say Sunday Rive is on par w/ Sugarloaf..

 

[thebigo]

Covid shut down the freestyle program at attitash today. Ended up being a blessing in disguise, had a great day with my daughter:

 

[drjeff]

Wondering if the Mount Snow Golf Club is on the chopping block then?

Whether or not it means anything related to a possible sale of the Mount Snow Golf Club or not, who knows, however there is some Mount Snow Golf Club logo items for sale at 50% off right now in the Mount Snow Sports main base lodge location.

Can't say that I haven't in the past seen MS Golf Club logo Merchandise on sale in the Winter months before, however there seemed to be more quantity of items out today than in the past...

 

[Vince]

I only know about the Okemo Golf Course being sold. Don't know on Tater Hill or any others

 

[jaybird]

Best thing about okemo was that golf course

 

[Hastur]

Don’t really understanding divesting golf assets when the pandemic was the best thing for entry into the sport in 20 years...

Sell high

 

[Kevin Schultz]

Whether or not it means anything related to a possible sale of the Mount Snow Golf Club or not, who knows, however there is some Mount Snow Golf Club logo items for sale at 50% off right now in the Mount Snow Sports main base lodge location.

Can't say that I haven't in the past seen MS Golf Club logo Merchandise on sale in the Winter months before, however there seemed to be more quantity of items out today than in the past...

Vail already pushed "The Original Golf School" out of the Mount Snow Golf Club (it landed at Haystack so not a loss for the valley thankfully). I'm not sure if that is a sign Vail doesn't care about golf generally or if they just want to standardize absolutely everything from resort to resort so a bespoke golf training program had to go.

 

[abc]

Oh, Vail needs cash desperately

 

[deadheadskier]

Oh, Vail needs cash desperately

This could definitely be the reason. If they start selling off ski areas, amateur investors will get spooked. Selling off gold courses will generate cash more under the radar

 

[Cobbold]

Oh, Vail needs cash desperately

How do you know this? Is this your opinion or you have access to vails controllers office in Colorado?

 

[ss20]

How do you know this? Is this your opinion or you have access to vails controllers office in Colorado?

It's a publicly traded company so it's all available.....they're in pretty deep shit.

Vail Resorts Free Cash Flow 2010-2023 | MTN

Vail Resorts annual/quarterly free cash flow history and growth rate from 2010 to 2023. Free cash flow can be defined as a measure of financial performance calculated as operating cash flow minus capital expenditures. <ul style='margin-top:10px;'> <li>Vail Resorts free cash flow...

www.macrotrends.net

2020-10-31	81.83
2020-07-31	222.62
2020-04-30	321.21
2020-01-31	415.90
2019-10-31	156.72
2019-07-31	442.20
2019-04-30	518.70
2019-01-31	392.65
2018-10-31	129.20
2018-07-31	407.88
2018-04-30	474.35
2018-01-31	346.38
2017-10-31	117.96
2017-07-31	326.55
2017-04-30	382.36
2017-01-31	236.46
2016-10-31	10.98
2016-07-31	327.74
2016-04-30	367.12
2016-01-31	232.23

 

[Cobbold]

It's a publicly traded company so it's all available.....they're in pretty deep shit.

Vail Resorts Free Cash Flow 2010-2023 | MTN

Vail Resorts annual/quarterly free cash flow history and growth rate from 2010 to 2023. Free cash flow can be defined as a measure of financial performance calculated as operating cash flow minus capital expenditures. <ul style='margin-top:10px;'> <li>Vail Resorts free cash flow...

www.macrotrends.net

2020-10-31	81.83
2020-07-31	222.62
2020-04-30	321.21
2020-01-31	415.90
2019-10-31	156.72
2019-07-31	442.20
2019-04-30	518.70
2019-01-31	392.65
2018-10-31	129.20
2018-07-31	407.88
2018-04-30	474.35
2018-01-31	346.38
2017-10-31	117.96
2017-07-31	326.55
2017-04-30	382.36
2017-01-31	236.46
2016-10-31	10.98
2016-07-31	327.74
2016-04-30	367.12
2016-01-31	232.23

You guys are hilarious, did you read this chart? Theirs Seasonality to it, unless vail had financial problems in 2016 look at 2016 10-31, eight times the cash now then back then, I think this season is tough, will vail lose money, yes, will alterra loose money, yes along with every other major ski area, that makes money on food beverage, lodging rentals ski lessons etc, vail already preannounced the quarter ending in December. Will be ugly, but it was ugly for everyone. Vail has a line of credit if they need it, vail is not crashing, one more year of COVID sure, but everybody is in the same boat