Vail To Buy Whistler Blackomb

[jimmywilson69]

Repost from Kzone

https://finance.yahoo.com/news/vail-res ... 16648.html

They are literally monopolizing the market.

 

[ss20]

Wow. That's insane. Good fit in Vail's portfolio. I'm sure they wanted to get in the Canadian market while their dollar was weak and American tourists were visiting WB instead of Vail.

Vail owns the three largest resorts in North America, yes? Whistler, Park City, and Vail?

 

[ss20]

I really hope they continue WB's Renaissance. Anyone who's looked at their master plan probably drooled over it like I did. Vail has never been conservative in their construction at new resorts, let's hope this case is the same.

 

[steamboat1]

More detail:

http://investors.vailresorts.com/releasedetail.cfm?ReleaseID=983315

 

[Jully]

$1.39 billion CAD right? That's insane.

 

[thetrailboss]

Wow. Another resort off the Mountain Collective list.

 

[drjeff]

Just gotta get Vail resorts into the Eastern market now and that would truly be an Epic Pass!!

 

[steamboat1]

Wow. Another resort off the Mountain Collective list.

Not this year but next.


Season Passes
For the full 2016-17 winter season, Whistler Blackcomb will continue to honor the resort's existing season pass products. Vail Resorts looks forward to integrating Whistler Blackcomb into its Epic Season Pass and other season pass products for the 2017-18 winter season.

 

[Jully]

Wow. Another resort off the Mountain Collective list.

With the loss of Whistler the Mountain Collective might have to change something up next year. I personally feel like that was one of the biggest draws of the pass.

 

[slatham]

And here I thought the purchase of Magic would be the big news this summer! The big keep getting bigger. I will note the lack of an Eastern Mountain in their stable......

 

[bigbog]

Just gotta get Vail resorts into the Eastern market now and that would truly be an Epic Pass!!

Would be interesting.....

 

[skiNEwhere]

Never been, but I've heard that whistler gets really crowded as it is. Wonder how much more this will increase crowds

 

[skiNEwhere]

I just called VR to see if you would have to get the full epic pass to ski whistler, they said it didn't look like the mtn would be on the pass for the 16/17 season, and might start the season afterwords, but she sounded unsure so take that with a grain of salt

 

[sull1102]

How long until Vail buys up Loon, Stratton, or one of the other top players in the East? Money seems to be no issue.

 

[snoseek]

They've got to do something with all that extra money they save by paying shit wages i guess.

Sent from my LG-H345 using Tapatalk

 

[BenedictGomez]

I just called VR to see if you would have to get the full epic pass to ski whistler, they said it didn't look like the mtn would be on the pass for the 16/17 season, and might start the season afterwords, but she sounded unsure so take that with a grain of salt

This was already announced this morning. Next year.

 

[BenedictGomez]

How long until Vail buys up Loon, Stratton, or one of the other top players in the East? Money seems to be no issue.

Huge moves like this in an industry tend to spur on the competition to increase acquisitions.

SKIS has no ammunition left, but don't be shocked if you see SNOW etc... make a move in the next six months.

 

[drjeff]

How long until Vail buys up Loon, Stratton, or one of the other top players in the East? Money seems to be no issue.

My hunch, since Vail hasn't gotten into the Eastern market yet, is that they feel like their customer demographics already show that they have ample customers from the East Coast market so they don't have to entice people from the East Coast to come to one of their Western or international resorts.

 

[jimk]

This kind of reminds me of the old Twilight Zone episode, To Serve Man. A bunch of giant aliens showed up and said their only goal was to serve man. They even offered cheap tours to their beautiful home planet. All the Earthlings went crazy for the persuasive new aliens until they learned halfway through the space flight that the aliens were planning to eat them alive. :lol:

I've had an EpicPass the last two seasons, so until the Spaceship shows up...bring on Whistler-Blackcomb!

 

[Cornhead]