Vail Resorts definitely behaves more like a wall street corporation than a ski company. They seem to be milking the infrastructure of the resorts for all it's worth and not investing in them. That way, their quarterly reports look better. Only one new lift in a company that owns 42 ski resorts isn't going to cut it. Of course, there could be more announced in December, but with no permits filed, I doubt it. You can only ignore critical infrastructure for so long, and I fear it's going to come back to them. In my opinion, the best thing that could happen for the resorts is for some group of very wealthy investors to buy the company and take it private. Privately owned corporations still have a fiduciary obligation to benefit their investors, but they can focus a lot more on long term plans instead of the way it is now where they only care about their next quarterly report.