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Vail Resorts Boosts Epic Pass Offerings With New Austrian Destinations
ZACKS· 2025-05-23 12:36
Core Insights - Vail Resorts, Inc. (MTN) is expanding its Epic Pass portfolio by adding two Austrian ski destinations, Mayrhofen and Hintertux, starting from the 2025/26 winter season, enhancing its commitment to the Austrian market and the value proposition for skiers globally [1][2] Expansion and Offerings - The addition of Mayrhofen and Hintertux significantly enhances the Epic Pass' European offerings, featuring over 120 miles of slopes suitable for various skill levels, including Austria's steepest slope, Harakiri, with a 78% gradient [2] - Epic Pass holders will enjoy five consecutive days of access at both new resorts, with early purchasers receiving incentives such as two Buddy Tickets offering up to 45% savings on lift tickets and six "Ski With a Friend" passes [3] Financial Strategy - The expansion aligns with Vail Resorts' long-term growth strategy by increasing product attractiveness and customer engagement, with a $49 down payment option to encourage early commitment and boost advance sales [3][4] - The company aims to realize $100 million in annualized savings by the end of fiscal 2026 through its two-year resource efficiency transformation plan [8] Market Position and Performance - The Epic Pass provides access to over 80 resorts globally, including major names like Whistler Blackcomb and Vail Mountain, positioning it strongly in the multi-resort ski pass market [4] - Despite a 20.7% decline in stock price over the past six months, compared to the industry's 11.8% fall, the company remains optimistic about customer retention and international appeal from the recent additions [7][4]
Mayrhofen and Hintertux in Austria are Now Epic; Buy an Epic Pass by May 26 to Ski and Ride at the Lowest Price
Prnewswire· 2025-05-22 15:27
Ski and ride Mayrhofen and Hintertux in Austria's famous Zillertal ski region with Epic Pass Epic Passes are on sale now at the lowest price of the year ($1,051) through May 26 BROOMFIELD, Colo., May 22, 2025 /PRNewswire/ -- Vail Resorts today announced that Epic Pass is expanding its resorts in Austria with Mayrhofen and Hintertux joining the lineup beginning with the 2025/26 winter season. Located in one of Austria's best known ski regions, the famous Zillertal valley, Mayrhofen and Hintertux are within ...
Saalbach and Zell am See-Kaprun in Austria are Now Epic; Buy an Epic Pass by May 26 to Ski and Ride at the Lowest Price
Prnewswire· 2025-05-21 16:57
Core Insights - Vail Resorts has expanded its Epic Pass offerings to include Saalbach and Zell am See-Kaprun in Austria for the 2025/26 season, enhancing access to diverse skiing experiences in the Alps [1][4] Group 1: Expansion of Epic Pass - The addition of Saalbach and Zell am See-Kaprun allows Epic Pass Holders to access Skicircus Saalbach Hinterglemm Leogang Fieberbrunn and Kitzsteinhorn mountain resorts, which are known for their varied terrain and stunning views [2][3] - Saalbach is one of Austria's largest ski areas, featuring over 165 miles of slopes suitable for all skill levels and recently hosted the 2025 FIS Alpine World Ski Championships [2][3] Group 2: Pricing and Offers - The Epic Pass is priced at $1,051 for adults and $537 for children, while the Epic Adaptive Pass costs $527 for adults and $270 for children, including five days of access to the new resorts [3][6] - The current sale offers the lowest price of the year until May 26, along with additional benefits such as Buddy Tickets and Ski With a Friend Tickets [3][4] Group 3: Strategic Importance - The inclusion of Saalbach and Zell am See-Kaprun marks the second set of ski resorts in Austria available to Epic Pass Holders, following Ski Arlberg, which is the largest connected ski resort in Austria [4] - The Epic Pass provides unmatched access to 37 iconic North American mountain resorts, enhancing its appeal to a global ski community [4][5]
Winter Destinations to Add to Your Summer Bucket List Before Epic Pass Prices Go Up May 26
Prnewswire· 2025-05-06 15:11
May 26 is the last chance for the lowest Epic Pass price of the year Epic Pass unlocks access to world-class mountain resorts year-round; Scenic gondola rides and exclusive savings on lodging, dining, bike rentals and golf among the many summer benefits for Pass Holders  BROOMFIELD, Colo., May 6, 2025 /PRNewswire/ -- Your Epic Pass is not just for winter experiences. As snow covered slopes at your favorite mountain resorts transform into stunning hiking and biking trails, 2025/26 Epic Pass Holders will get ...
Why Is Vail Resorts (MTN) Down 20.6% Since Last Earnings Report?
ZACKS· 2025-04-09 16:30
Core Viewpoint - Vail Resorts has experienced a significant decline in share price, losing approximately 20.6% over the past month, underperforming the S&P 500 index [1] Group 1: Earnings Report and Market Reaction - The last earnings report for Vail Resorts was released a month ago, and since then, the stock has shown a negative trend [1] - Investors and analysts are questioning whether this negative trend will continue leading up to the next earnings release [1] Group 2: Estimates and Revisions - Estimates for Vail Resorts have been revised downward over the past month, indicating a negative outlook [2][4] - The magnitude of these revisions suggests a significant downward shift in expectations for the company [4] Group 3: VGM Scores and Investment Strategy - Vail Resorts currently holds a Growth Score of B, a Momentum Score of C, and a Value Score of B, resulting in an aggregate VGM Score of A [3] - The stock is positioned in the second quintile for the value investment strategy, indicating moderate performance [3] Group 4: Future Outlook - With a Zacks Rank of 3 (Hold), Vail Resorts is expected to deliver an in-line return over the next few months [4]
Veil Resorts: I See Risk To Near-Term Performance
Seeking Alpha· 2025-03-21 14:09
I wrote about Vail Resorts (NYSE: MTN ) previously with a hold rating as I did not think that it would be able to hit its FY25 adj. EBITDA guidance. 2Q25 results were mixed. While revenue grew 5.5% y/yI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical chart ...
Vail Resorts Boosts Digital Offering, Unveils My Epic Pro
ZACKS· 2025-03-18 17:31
Vail Resorts, Inc. (MTN) has unveiled My Epic Pro for Ski and Ride School, a new technology that will be available in the My Epic app from the 2025/2026 season.MTN stock inched up 1.8% during Monday’s trading hours, after the announcement of the new digital innovation.Perks of MTN’s My Epic ProMy Epic Pro will ensure a seamless, connected and next-level experience for the company’s child and adult group lesson participants, offering digital check-in, real-time lesson updates, photo sharing, skills tracking, ...
Vail Resorts announces 'My Epic Pro' for Ski and Ride School; new technology creates a seamless, connected and next-level experience
Prnewswire· 2025-03-17 15:15
My Epic Pro creates a seamless direct-to-lesson digital check-in, plus offers real-time updates and photos, and gamification of ski and snowboard skills progression tracking The new technology launches in the My Epic app for the 2025/26 winter season at Vail Mountain, Beaver Creek, Breckenridge and Keystone My Epic Pro is the latest industry-leading innovation from Vail Resorts following Mobile Pass, My Epic Gear and My Epic Assistant BROOMFIELD, Colo., March 17, 2025 /PRNewswire/ -- Vail Resorts today an ...
Vail Resorts Q2 Earnings Surpass Estimates, Revenues Miss
ZACKS· 2025-03-11 13:25
Vail Resorts, Inc. (MTN) reported second-quarter fiscal 2025 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. Both the metrics increased on a year-over-year basis.See Zacks Earnings Calendar to stay ahead of market-making news.Vail Resorts reported strong quarterly results, with the resort reported EBITDA rising 8% year over year. It stated benefits from the stability of its season pass program, ongoing investments in guest experience and solid execution across its ...
Vail Resorts(MTN) - 2025 Q2 - Earnings Call Transcript
2025-03-11 05:30
Financial Data and Key Metrics Changes - The company reported a net income of $245.5 million or $6.56 per diluted share for Q2 FY2025, compared to $219.3 million or $5.76 per diluted share in the same period last year, reflecting a significant increase [10] - Resort reported EBITDA was $459.7 million for Q2 FY2025, up from $425 million in the same period last year, despite including $2.9 million of one-time costs related to the Resource Efficiency Transformation Plan [10][5] - Season-to-date total skier visits were down 2.5% compared to the previous year, while total lift ticket revenue was up 4.1% [12] Business Line Data and Key Metrics Changes - Ancillary spend per destination guest visit was strong across Ski School and Dining, with ski school revenue up 3% and dining revenue up 3.1%, while combined retail and rental revenue was down 2.9% [12][7] - The overall revenue in Ancillary businesses was impacted by a lower mix of destination visitation [7] Market Data and Key Metrics Changes - Destination guest visitation at Western North American resorts was below prior year levels, attributed to a shift in historical visitation patterns [6] - Local guest visitation was in line with expectations as conditions improved from the prior year [6] Company Strategy and Development Direction - The company is focused on improving organizational effectiveness and achieving $100 million in annualized cost efficiencies by the end of FY2026 through its Resource Efficiency Transformation Plan [9] - Capital investments for FY2025 are expected to be approximately $249 million to $254 million, including core capital and growth capital investments in European resorts [23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the current conditions at resorts, noting a mix of historical normal snowpack levels [37] - The company expects improved performance for the remainder of the season, driven by a significant base of pre-committed guests and current lodging booking trends [14] Other Important Information - The company declared a quarterly cash dividend of $2.22 per share, payable on April 10, 2025 [21] - As of January 31, 2025, total liquidity was approximately $1.7 billion, including $488 million in cash [18] Q&A Session Summary Question: Can you walk us through the core conditions on the ground? - Management noted that visitation at North American resorts was slightly above prior year levels, benefiting from improved conditions, but February visitation contracted as expected due to industry demand normalization [38] Question: Is there room for a bigger pivot in narrative regarding core constituencies? - Management acknowledged the need to communicate effectively with guests and address challenges, particularly regarding the Park City experience [46] Question: Have you seen any impact from tariffs on visitation trends? - Management stated that they have not seen a significant reaction to tariffs but continue to monitor visitation trends closely [54] Question: What drove the growth in non-pass revenues? - The increase in non-pass lift revenue was primarily driven by improved conditions at Eastern U.S. resorts [82] Question: What areas need work for improving customer satisfaction? - Management highlighted the need to address lift line wait times and improve the overall guest experience through various investments [100]