Tag Archive

Vail Resorts’ Shares Slip After Q4 Revenue Miss

Published on October 10, 2018 By kelly simmons

Shares of Vail Resorts Inc. fell $11.71, or 4.1 percent, to $274.42 at market close Friday after the company reported revenue of $211.6 million for the fiscal fourth quarter ended July 31 missed Wall Street’s revenue target by $1.7 million. The Broomfield, CO-based company reported a net loss that widened to $83.7 million, or earnings […]

Government confirms outdoor recreation is a large and growing percentage of U.S. economy

Published on September 22, 2018 By kelly simmons

Data puts the outdoor industry economy at 2.2 percent of GDP and growing faster than the overall U.S. economy. We all know that the outdoor recreation is an economic powerhouse. And on Thursday, the federal Bureau of Economic Analysis (BEA) recognized that too. A final report shows that it accounts for 2.2 percent ($412 billion) of the […]

Biggest Ski Resort Expansion In 15 Years Hits East Coast

Published on August 8, 2018 By kelly simmons

Like many skiers who grew up in New York City, I spent some formative years on the slopes at Hunter Mountain. While not as big as the Vermont, New Hampshire and Maine resorts that dominate eastern skiing, Hunter has the golden rule of real estate going for it: location, location and location. At under two and […]