Vail Resorts (Heavenly, Kirkwood, and Northstar) reported a 9.5% net revenue increase and skier visitation increase of 2.9% over the same period last year. Vail Resorts’ CEO, Robert Katz said,” We are very pleased with our performance in the second quarter of fiscal 2013”.
Despite a second poor snow season, local resorts reported
more revenues than last year.
|New PoleCat snowmakers at Squaw before installation.|
Mt. Rose reported their biggest gains in their equipment rental business due to the early holiday snow-fall.
Squaw/Alpine CEO, Andy Wirth said their new snow-making equipment helped make a better season. Squaw/Alpine invested heavily last year on snow-making equipment and lift upgrades.