Latest news with #VailResorts
Yahoo
2 days ago
- Business
- Yahoo
RGA Investment Advisors Sold Vail Resorts Inc (MTN) in Q2, Keeps Door Open for Future Entry
RGA Investment Advisors, an investment management company, has released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The second quarter-end figures concealed the inherent volatility in the market, which began with a steep sell-off and ended with clarity around global trade that changed the environment for evaluating enterprises. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, RGA Investment Advisors highlighted stocks such as Vail Resorts, Inc. (NYSE:MTN). Headquartered in Broomfield, Colorado, Vail Resorts, Inc. (NYSE:MTN) is a mountain resort and ski area operator. The one-month return of Vail Resorts, Inc. (NYSE:MTN) was -3.82%, and its shares lost 14.09% of their value over the last 52 weeks. On August 15, 2025, Vail Resorts, Inc. (NYSE:MTN) stock closed at $153.41 per share, with a market capitalization of $5.7 billion. RGA Investment Advisors stated the following regarding Vail Resorts, Inc. (NYSE:MTN) in its second quarter 2025 investor letter: "Had we known Rob Katz would return to Vail Resorts, Inc. (NYSE:MTN), we likely would not have sold our shares when we did. That said, we do not wholly regret this move and still do believe we will one day be shareholders of Vail again. This ski season ultimately did not go smoothly for Vail, with a self-inflicted, horribly managed PR crisis circus around the Park City Ski Patrol strike.2 We didn't buy Vail expecting a turnaround but that's what it became. Our exit reflected opportunity cost and a desire to step back while the company sort ed through reputational and operational issues. With Katz, the architect of the multi-mountain pass, back at the helm, we're watching closely and remain open to re-entering in the future." An aerial view of a mountain resort, its snow-capped peaks and lush ski slopes revealed in all their glory. Vail Resorts, Inc. (NYSE:MTN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Vail Resorts, Inc. (NYSE:MTN) at the end of the first quarter, which was 35 in the previous quarter. While we acknowledge the potential of Vail Resorts, Inc. (NYSE:MTN) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Vail Resorts, Inc. (NYSE:MTN) and shared Baron Focused Growth Fund's views on the company. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.


Daily Mail
12-08-2025
- Sport
- Daily Mail
Aussie ski resort horror as 22-year-old snowboarder is found dead
A young man has died in a tragic snowboarding accident at a popular ski resort in the Snowy Mountains. NSW Police said the 22-year-old man died at Perisher Ski Resort, about 30km west of Jindabyne, following a crash about 2.30pm on Tuesday. A helicopter and several ambulance crews rushed to the crash site but the snowboarder died at the scene. 'Perisher Ski Resort, Ski Patrol, and the entire Vail Resorts family extend our deepest sympathy and support to our guest's family and friends,' Perisher vice president manager Nathan Butterworth said. The young snowboarder was injured in Front Valley Terrain Park, which features jumps ranging from 4.6 metres to 9.1 metres. Those include some of the biggest jumps at the resort, which is the largest ski resort in the southern hemisphere. It is made of four villages and boasts 1,245 skiable hectares and more than 100km of marked cross country trails. Most of the resort caters to beginner and intermediate skiers, with about 18 per cent dedicated to advanced sportsmen. Perisher is located on Mount Kosciuszko and reopened for the 2025 snow season on June 7. 'Every season, this park attracts and challenges professional athletes from all over the world due to its constantly evolving features,' its website states. A report will be prepared for the coroner.


Cision Canada
12-08-2025
- Business
- Cision Canada
Vail Resorts Cuts Lift Ticket Prices in Half for Friends of Epic Pass Holders to Celebrate the Social Side of Skiing
2025/26 Pass Holders to get new "Epic Friend Tickets", including Epic Military Pass Holders Friends save this season and next: 50% off lift tickets this season AND the cost of one redeemed Epic Friend Ticket to apply toward an eligible 2026/27 Epic Pass 2025/26 Epic Pass prices go up after September 1 BROOMFIELD, Colo., Aug. 12, 2025 /CNW/ -- Vail Resorts wants to make it easier for its most loyal guests to bring their friends to the slopes, in celebration of the social side of skiing and snowboarding. Today, the company announced "Epic Friend Tickets," a new benefit for 2025/26 season-long Epic Pass Holders to share incredible savings with those they want to ski and ride with most. Passes are on sale now, and the lowest price of the Fall ends September 1. Pass Holders with an Epic Pass, Epic Local Pass, Epic Military Pass, Northeast Value Pass, and most of the company's other season-long passes will receive 6-10 Epic Friend Tickets, depending on when they purchased their Pass. Epic Friend Tickets provide 50% off lift tickets at the company's 37 North American resorts for the 2025/26 winter season. Plus, friends can also apply 100% of the cost of one redeemed Epic Friend Ticket toward an eligible 2026/27 Epic Pass – providing double the savings.* "Skiers and snowboarders know this sport is magic; a passion you can't help but pass on," said Vail Resorts CEO Rob Katz. "If you ski or ride, chances are someone brought you into the sport, and we want to make it easier for you to pay it forward. Epic Friend Tickets are the next step on our nearly two-decade-long journey to find ways to make skiing more accessible to more people." "We will always give the best deal to our Pass Holders who commit to skiing with us ahead of the season," continued Katz. "That said, we know not everyone can plan ahead, so if you don't have an Epic Pass, the next best thing is knowing someone who does." With the introduction of Epic Friend Tickets, eligible Pass Holders who purchased before April 14, 2025, will receive 10 Epic Friend Tickets, and those who purchase after will receive six Epic Friend Tickets. Epic Friend Tickets replace and upgrade Buddy Tickets, a former Pass benefit, which generally offered much lower savings off lift ticket prices, and which varied by resort. Epic Friend Tickets can be used at all 37 of the company's North American resorts including big destinations like Vail Mountain and Whistler Blackcomb; regional destinations like Stowe, Heavenly, and Crested Butte; and local ski areas like Mount Sunapee and Afton Alps. Epic Friend Tickets can be redeemed through then activated in the My Epic app for direct-to-lift access. The accompanying Pass Holder must scan their Pass in a lift line before an Epic Friend Ticket becomes scannable. A gift that keeps on giving, Epic Friend Tickets provide significant savings this winter and next. Friends get 50% off lift tickets this season, and whatever they pay for that ticket can be used as a credit towards an eligible 2026/27 Epic Pass. Read more about Epic Friend Tickets here. "By making it easier for our Pass Holders to share the ski experience with friends – through savings across not one, but two winter seasons – we hope to help spark traditions that will inspire groups of friends to return to the mountains for years to come," added Katz. Last Chance for the Lowest Epic Pass Price of Fall Ends September 1 Epic Passes offer unmatched mountain access, big savings and incredible benefits – and purchasing a Pass early unlocks the best value. Epic Passes are on sale now for the lowest price of the Fall before prices increase after September 1, 2025. Whether hitting the mountain for one day or all season, there's an option for every skier and rider, from first timers to powder pros. The 2025/26 Epic Pass ($1075 adults; $548 children) offers unlimited, unrestricted access to Vail Resorts' 42 owned and operated mountain resorts including Whistler Blackcomb, Vail Mountain, Park City Mountain, Breckenridge, Beaver Creek, and Stowe, plus access to iconic partner resorts and ski areas like Telluride, Colorado; Rusutsu and Hakuba Valley, Japan; Verbier 4 Vallées, Switzerland; Sölden, Saalbach and Zell am See-Kaprun, Austria; and more across Europe. The Epic Local Pass ($799 adults; $416 children) provides unlimited, unrestricted access to 29 resorts, plus access to more destination resorts with some restrictions. The Epic Military Pass with access to all of the company's 42 resorts is currently $190 for active and retired military and their dependents, and $614 for veterans and their dependents. More details on Pass options for the 2025/26 season are linked here. Epic 1-7 Day Passes provide up to 65% savings compared to lift ticket prices by purchasing ahead of the season, but do not include Epic Friend Tickets. All Passes come with Epic Mountain Rewards, which offer exclusive discounts including 20% off on-mountain food and beverage, lodging, group ski and ride lessons, equipment rentals and more – all winter long. *Friends who do not hold a 2025/26 Pass can apply the full cost of a single redeemed Epic Friend Ticket towards eligible 2026/27 Passes including Epic Pass, Epic Local Pass, and other regional passes for a limited time. The full list of eligible Passes will be available once 2026/27 Passes are on sale. 2025/26 Pass Holders are not eligible for this promotion. About Vail Resorts, Inc. (NYSE: MTN) Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland; and Perisher, Hotham, and Falls Creek in Australia – all available on the company's industry-changing Epic Pass. We are passionate about providing an Experience of a Lifetime to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Retail operates more than 250 retail and rental locations across North America. Learn more about our company at or discover our resorts and pass options at


Bloomberg
12-08-2025
- Business
- Bloomberg
Vail Resorts Is Introducing 50% Off Lift Tickets, CEO Says
Skiing is notoriously expensive without a season pass: A walk-up single-day lift ticket at any of Vail's 'destination resorts' cost an average of $261 during the 2024-25 season. On weekends or holidays you could easily push $300. To recalibrate pricing for non-diehards (meaning, season ticket holders), Vail Resorts Inc. is introducing new ticketing options that it hopes will turn lukewarm skiers into loyalists. On Tuesday it announced Epic Friend Tickets, which offers friends or family of Epic Pass holders up to 10 single-day passes at a 50% discounted rate, valid at all 37 of the company's North American resorts without blackout dates.


Forbes
05-08-2025
- Business
- Forbes
Six Senses Crans-Montana Wants You To Know It's A Summer Getaway Too
The main pool (minus the jaunty beach cabanas) Courtesy of the hotel The beach club, such as it is, is cute. A half-dozen green-and-white-striped changing cabanas have sprung up beside the main pool at the Six Senses Crans-Montana hotel in Switzerland, and an ice cream cart has been docked in the shade. Guests are invited to sip poolside spritzes and lunch on club sandwiches beneath sun umbrellas on the terrace. The nearest ocean beach, of course, is more than 200 miles away. Even the small lakes and ponds in the center of the town of Montana are a 15-minute walk away. But the Six Senses hotel is working with what it has, and what it has is lovely. That's even more true this year, its third summer of operation and its first with all of its warm-weather offerings in place. The 78-room hotel, like the larger region that it's part of, is still undoubtedly a snow sports destination, with its ski-in, ski-out access and slopeside location in one of Switzerland's largest and sunniest winter resorts. (It was acquired by Vail Resorts last year.) In fact, the summery beach club has sprung up on the site of Club Alpin, an après-ski favorite. The overall design, with its pitched rooflines and interiors clad in oak and larch, is the quintessential multimillionaire's take on the classic Swiss chalet. It feels purpose-built for fireplaces and fondue. A deluxe room John Athimaritis But as European ski meccas are seeing erratic winter snowfall and newfound summer interest, some of the smartest hotels and resorts in Switzerland and beyond are upping their warm-weather game. (North American mountains were way ahead in this regard, probably already well aware of the business advantages of operating year-round.) Open-air cinemas, festivals, concert series, pop-up restaurants and even creative-license-taking beach clubs are sprouting all over the continent. Six Senses Crans-Montana does it well. It's helped by the resort's summer offerings. Nearly 200 miles of signposted walking paths and hiking trails crisscross the region, passing by vineyards, green prairies, pine forests, clear mountain lakes and historic villages, with glacial snowcaps in the distance. More than 100 miles of biking tracks run down the hills, with 14 routes suitable for all skill levels, and the hotel's partner guides don't mind taking their snazzy electric mountain bikes along a road with guests who prefer their adrenaline in smaller doses. Or for those who like it in a more controlled form, the hotel has also partnered with a local paragliding outfitter. Their tandem rides soar above the mountain peaks and vineyards down to Sierre (the origin point for the funicular up to the resort). They do this in winter too, taking off at sunset and landing on the famous Crans-Montana golf course. One of the lakes in Crans-Montana Ann Abel There are softer experiences too, like a gentle trip up to a mayen (pasture partway up the mountain) for a hands-on lesson in the region's traditional Alpine-style cheesemaking, complete with a (pre-made) tome d'alpage cheese to take home, and a short jaunt to the hotel property's edge to suit up and observe the five beehives in action. The latter isn't one of those suddenly trending 'experiences' where the beekeeper drugs the bees with smoke so they're calm enough for guests to hold up a honeycomb frame for a photo. Rather, the hotel's sustainability director—every Six Senses has one, and they're deeply committed to meaningful, measurable initiatives—Dominic Dubois, conveys a sense of wonder as he explains the bees' complex social structure and the intricacies of maintaining compliance with Swiss beekeeping regulations. Dubois has a tough job, maintaining the hotel's Earth Lab—something else that's found across the brand—overseeing donations from the hotel-revenue-funded Six Senses Crans-Montana Sustainability Fund to grassroots community organizations, tracking data from the sawdust pellet heating system, and making all of this interesting to a clientele that's perhaps fed up with greenwashing and doesn't want to be lectured in any case. But he does it with enthusiasm and levity, whether it's discussing the mating habits of bees or leading a workshop in making upcycled candles from used kitchen oil. The spa pool John Athimaritis He's part of an international team that seem to bring the same level of enthusiasm to everything they do, whether it's describing the dishes on the new sharable-plates menu at the locavore main restaurant, Wild Cabin (the tomato salad with whipped local ricotta is a summer standout) or signing in guests at the extensive spa. The second of these is especially useful, since there's quite a bit to navigate. State-of-the-art is one of those phrases that get bandied about a little too much, but it's apt here. In contrast to the cute summer poolside cabanas, and somewhat in counterpoint to the hotel's whole 'disconnect to reconnect' philosophy, the spa has gone all in on tech. In addition to four saunas, a sensory floatation pod, indoor and outdoor pools, and a relaxation area with 15,000 hanging 'icicles' and views of a birch forest, it has a tricked-out room full of plugged-in wellness gear. The Biohack Recovery Lounge is a circuit of massaging headsets, Normatec compression boots, Hyperice X contrast therapy devices, and red-light face masks and full-body panels. While it's unclear what a single session with any of these accomplishes, it's an intriguing introduction to a growing corner of the longevity world. And it's another way that Six Senses Crans-Montana is announcing itself as a year-round destination. 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