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Home > Company Index > Leisure > Sporting Activities > Vail Resorts, Inc.

Vail Resorts, Inc.
NYSE: MTN
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 NEWS FROM THE WIRES
Vail says buys hotel from Host Marriott for $49.5 mln
Jul 24 2001 03:22 PM PDT

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 PROFILE
Vail Resorts knows the ski business is all downhill. North America's #2 ski resort operator (behind Canada's Intrawest), Vail Resorts operates four resorts in Colorado (Beaver Creek Resort, Breckenridge Mountain Resort, Keystone Resort, and Vail Mountain), and three in Wyoming's Grand Teton National Park. It also operates Wyoming's Jackson Hole Golf & Tennis Club and owns 51% of the Renaissance Resort & Spa (also in Jackson Hole). Not just winter havens, the company's ski resorts offer summer activities such as golf and fishing. Investor Ronald Baron controls 34% of Vail Resorts; cereal maker Ralcorp Holdings and investment firm Apollo Advisors control about 22% and 21% of the company, respectively.

 COMPETITION
American Skiing Company (SKI)
Booth Creek Ski Holdings, Inc. (dossier)
Intrawest Corporation (IDR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 553.10
1-Yr. Sales Growth: 16.3%
Employees: 13,200
Revenue per employee: $41,901.52

 KEY PEOPLE
• Adam M. Aron
    CEO
• James P. Donohue
    CFO

 CONTACT INFO
137 Benchmark Rd.
Avon, CO 81620
US
Phone: 970-476-5601
Fax: 970-476-5600
Online: Web Site

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