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Vail Resorts Hires Defence Bankers as Billionaire Pushes to Buy Park City Mountain Resort
Vail Resorts has quietly engaged takeover-defence bankers to assess its vulnerabilities, as pressure builds from multiple directions - a rough winter, union tensions, and a persistent billionaire who wants to buy Park City Mountain Resort. Cloudflare CEO Matthew Prince has gone public with a $500 million offer and says activist investors are calling him. Vail's CEO isn't selling.
Vail Resorts Q3 Fiscal 2026: Bad Winter Out West Hits Revenue as Pass Sales Fall 10%
Vail Resorts has reported its Q3 fiscal 2026 results, and the numbers reflect what anyone skiing the Rockies this past winter already suspected - it was rough. Net income fell from $389.7M to $314.4M, visitation dropped 15%, and early pass sales for 2026/27 are down approximately 10%. The one bright spot? Epic Australia Pass sales are up 26% in units and 31% in revenue. Perisher, Falls Creek and Hotham head into the southern hemisphere season with real momentum behind them.
Park City Mountain Resort Gets Approval for Eagle and Silverlode Chairlift Replacements
Park City Mountain Resort has received planning approval to replace two major chairlifts - Eagle and Silverlode - with higher-capacity alternatives likely to debut in the 2027-28 season. The approvals end a years-long process that saw an earlier approval appealed, the original lifts redirected to Whistler Blackcomb, and a fresh application filed.
Park City Extends Paid Parking to Canyons Village for 2026-27
Park City Mountain Resort is converting the previously free Cabriolet lot at Canyons Village to paid parking from the 2026-27 season. The US$29 daily charge represents another reduction in free parking options across Utah resorts, though several workarounds remain available.
Utah Billionaire Escalates Campaign Against Vail Resorts Ownership of Park City
Matthew Prince, Utah's wealthiest resident, has intensified his public criticism of Vail Resorts' management of Park City Mountain Resort. The Cloudflare CEO claims Vail's 10-year stock performance has been dismal and argues the company should sell off individual resorts. Vail says it's not selling.
Vail Resorts CEO Purchases $5 Million in Company Stock as Share Price Continues Multi-Year Decline
Rob Katz has purchased roughly $5 million in Vail Resorts stock as the company's share price sits at around a third of its 2021 peak. The purchase follows criticism of board members failing to buy stock and comes as the company battles reputation issues that may prove harder to fix than financial metrics.
Vail Resorts Introduces 20% Discount on Epic Pass for Under-30s
Vail Resorts has announced a 20% price reduction on Epic Pass products for skiers and riders aged 13-30, bringing the 2026-27 Epic Pass down to $869 and Epic Local Pass to $649. The move comes as the ski industry grapples with participation rates among younger demographics.
Vail Resorts Unveils 2025-26 Season Plans: New Lifts, Tech, and Pricing Strategies
Vail Resorts has announced opening dates and key developments for the 2025-26 ski season across its global portfolio. Notable changes include new lifts in Park City and Switzerland, expanded tech integration, and a revised friend ticket program aimed at boosting visitation.
Utah Ski Season 2024-25: Third-Busiest Year Despite Visitor Decline
Utah's ski resorts recorded their third-busiest season ever with 6.5 million visitors in 2024-25, but the 3.6% decline from the previous year highlights growing challenges. Weather patterns, the Park City strike, and economic pressures all contributed to the drop, even as the industry invests hundreds of millions in new infrastructure ahead of the 2034 Olympics.
Vail Resorts CEO Confirms Park City Mountain Not for Sale
Vail Resorts CEO Rob Katz has firmly stated that Park City Mountain is not for sale, despite recent interest from a tech billionaire. This article explores the situation and its implications for the popular Utah ski resort.
Vail Resorts' Former CEO Kirsten Lynch Receives $2.2 Million Severance Package
Kirsten Lynch, former CEO of Vail Resorts, is set to receive a substantial severance package following her departure from the company. The package includes cash payments, equity awards, and health insurance benefits.
Rob Katz Returns as Vail Resorts CEO After Kirsten Lynch's Departure
Vail Resorts announces a significant leadership change as Rob Katz returns to the CEO position, replacing Kirsten Lynch who has stepped down after 14 years with the company.
Park City Mountain Resort: Local Tech CEO's Vision for Acquisition and Expansion
Matthew Prince, CEO of Cloudflare, has purchased Town Lift Plaza in Park City and expressed interest in acquiring Park City Mountain Resort from Vail Resorts, with plans for significant upgrades including a potential gondola connection to Alta.
Deer Valley's New Gondola Project Progresses
Deer Valley Resort in Utah is making significant progress on its new gondola project, part of a major expansion plan set to transform the ski area.
Deer Valley's Major Expansion Plans for 2025 and Beyond
Deer Valley Resort in Utah is undergoing significant changes, with new trails, lifts, and base area developments planned over the next several years. This article outlines the recent expansions and future projects that will transform the ski resort.
Epic Pass 2025/26: A Comprehensive Buying Guide for Skiers and Riders
Explore the various Epic Pass options for the 2025/26 season, including new resort access, pricing, and benefits for skiers and snowboarders looking to maximise their mountain time across multiple destinations.
Utah Ski Resort Closing Dates for 2024-25 Season
As the 2024-25 ski season winds down in Utah, find out when your favourite resorts are planning to close and make the most of the remaining snow days.
Park City-Deer Valley Gondola Connection: New Feasibility Study Planned
Park City officials are taking steps toward a potential aerial gondola system connecting the historic Main Street district with Deer Valley Resort. The City Council is considering hiring specialised consultants to conduct a comprehensive feasibility study, marking a significant move in the long-discussed transportation initiative.
Park City Ski Patrol Strike Hitting Vail Resorts Where It Hurts
The ongoing ski patrol strike at Park City Mountain Resort has created significant operational challenges for Vail Resorts during peak season. With patrollers demanding higher wages and only 50 of 350 trails initially open, this labor dispute highlights broader challenges facing one of North America's largest ski resort operators.
Park City Ski Patrol Strike Disrupts Operations at Vail's Largest Resort
The Park City Professional Ski Patrol Association's strike has entered its fifth day, severely impacting operations at Park City Mountain Resort. With approximately 200 patrol members striking for better wages and benefits, Vail Resorts faces mounting pressure as limited terrain access and long lift lines frustrate guests.
Best Ski Resort In Utah For Beginners in 2025
Planning your first ski trip? Utah's resorts offer an unmatched experience for beginners, with terrain ranging from 13 gentle trails to a whopping 38 beginner-friendly runs across 1,975 acres. From Powder Mountain's uncrowded slopes to Park City's world-class instruction and Deer Valley's luxurious amenities, we've analyzed every resort to help you choose the perfect destination. Discover why Utah should top your list for learning to ski or snowboard.
Why Park City Is Amazing For Intermediate Riders!
We're going to tour the best intermediate terrain on both the Park City and Canyons sides of the resort, so strap yourself in — there's a LOT of terrain to explore! Remarkably, 41% of the 341 trails, that's 140 different trails, are graded blue for intermediates. That adds up to a whopping 105 kilometres or 65 miles of trails.
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More from the SnowStash desk
Sugar Bowl, California, Rebuilds Its Historic Village Gondola
The rumours are true: Sugar Bowl is tearing out its Emerald gondola, in place since 1983, and replacing it with a new 8-person Doppelmayr system - nearly doubling uphill capacity to 1,800 people an hour. It's the fourth generation of a gondola line that dates back to 1953, when Sugar Bowl became the first resort on the West Coast to run one at all, and it's just one piece of a $100 million overhaul touching lodges, parking and snowmaking. Here's what's changing, and what's staying the same.
Two Confirmed Dead as Search Continues After Swiss Alps Fire
The death toll from Thursday night's fire at Restaurant Beverin in Thusis, Switzerland, has begun to firm up. One Swiss outlet, citing Graubünden Cantonal Police, reports that two of the five people initially reported missing have now been confirmed dead, leaving three unaccounted for. The building's collapsed stairwell and structural instability have slowed recovery efforts throughout. Here's what's changed since the fire broke out, and what's still unconfirmed.
Selwyn Snow Resort Closes Early as Rain Ends Its 2026 Season
Selwyn Snow Resort has called an early end to its 2026 season, a day after Victoria's Mount Baw Baw did the same. Rain on Thursday stripped what was left of the snowpack, and the cold nights needed to rebuild it through snowmaking never arrived. It's a rough result for a resort that only just found its footing again after being burned to the ground in the 2019-20 Black Summer bushfires and a multi-year rebuild. Here's how the season fell apart, and where Selwyn's been since the fire.
Mt Baw Baw Becomes First Australian Resort to Close for 2026
Mt Baw Baw is calling time on its 2026 season this Sunday at 5pm, becoming the first Australian resort to close for the year after warm spells and rain wore through its snowpack. Lifts stop, but the resort stays open, entry fees get waived, and there's one last Bollywood Weekend before the lights go out. Fifty-seven days after opening, here's how the season ended and what it means for the rest of Australia's struggling snowpack.
Arosa to Replace 40-Year-Old Hörnli Lifts With New Gondola and Chair
Arosa's Hörnli sector is getting its biggest overhaul in decades. The 1986 gondola and 1994 chairlift linking toward Lenzerheide are both being replaced, with capacity up, tower count down and a new base station lower on the hill. At roughly CHF 67 million, it is the largest single investment Arosa Bergbahnen has ever made - and the target opening has already slipped a year, to December 2028. Here is what is changing, and why the timeline moved.
Sundance Mountain Resort Is Getting a New High-Speed Quad and More Back Mountain Terrain This Winter
Sundance Mountain Resort's back mountain is finally getting a proper lift. The Electric Horseman Express opens for 2026-27, unlocking a new bowl next to Bishop's Bowl and three expert gladed chutes across roughly 105 fresh acres - on top of the Storyteller ridge run that debuted in preview form last season. It's Sundance's biggest expansion since 1985, and it turns a three-lift slog into a single six-minute ride to Bearclaw Summit.
Levi and Ruka Confirm October 2 Opening on Farmed Summer Snow
Finland's Levi and Ruka open for the 2026-27 season on October 2, more than seven weeks before most of Europe sees a lift turn. Neither resort is waiting on autumn snowfall - both are skiing on snow buried since last spring, insulated through the Finnish summer and dug back out for opening day. It is not a shortcut. It is a decades-old system now spreading from the Arctic Circle to Idaho, Utah, Vermont and Colorado. Here is how snow farming actually works, and why it is catching on.
Sölden's Old Einzeiger Chairlift Gets a Second Life in Montafon
Silvretta Montafon is replacing its ageing Freda chairlift - but not with something new. The resort is having a 1999 four-seater chairlift, retired from Sölden, dismantled, shipped to Vorarlberg and rebuilt with new electronics, cable and clamps. It has to be running before March 2027, when Silvretta Montafon hosts the FIS Snowboard, Freestyle and Freeski World Championships - the biggest winter sports event Vorarlberg has staged. Here's how a reused lift ends up cheaper.