F Vail

[Andy_ROC]

I like this letter to the editor.

Time to sell resort? - Park Record

I’m writing this letter to the editor with a heavy heart regarding the post ski patrol strike at Park City over the busiest time of year. As a full-time resident of Park City since 2017, and homeowner since 2011, I have lived through the ownership transition from Canyons to Talisker to Vail...

www.parkrecord.com

 

[gregmarx]

Vail shareholder (not sure how big their stake is) calls for management team to be ousted:

Late Apex Partners Issues Letter to Vail Resorts, Inc. Board of Directors

Late Apex Partners Issues Letter to Vail Resorts, Inc. Board of Directors...

www.globenewswire.com

They want Vail to cut the dividend and focus on growing the Epic partnership network. There's also this:

Vail is the “Evil Empire.” The core skiing community has labeled Vail the “Evil Empire.” Vail’s marketing reductions, and decision to centralize marketing under CEO Lynch has created significant gaps, been inauthentic, and cut out the heart of each mountain. Management’s incredibly short-sighted actions have led to lost opportunities and destroyed brand value.

 

[raisingarizona]

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[TomCat]

I don’t know if the other mega companies are any better than vail, but after what happened I can’t imagine why anyone would book a big vacation with them next year. Maybe if bookings go way down they will be forced to treat employees and guests better.

Tom

 

[tirolski]

... I can’t imagine why anyone would book a big vacation with them next year.

Same reason folks still go to Disney Land & World but without the mice.

A perusal of Late Apex’s detailed report is interesting.
There’ll be some MBA courses on what went wrong...

• Don’t hire a Pepsi person to run a bump outfit.

 

[Campgottagopee]

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Right?
What a shit show
Support the independent ski hills!

 

[x10003q]

Same reason folks still go to Disney Land & World but without the mice.

A perusal of Late Apex’s detailed report is interesting.
There’ll be some MBA courses on what went wrong...

• Don’t hire a Pepsi person to run a bump outfit.

You mean like hiring a luge athlete with zero ski area operational experience an even less financial responsibility to run ORDA?

 

[tirolski]

You mean like hiring a luge athlete with zero ski area operational experience an even less financial responsibility to run ORDA?

Yupper.
Don’t forget the world famous WUG.
The show’s must go on.

 

[tirolski]

The point was they appear to be selling parking spaces nowadaze. Whataway to run an airline.

It has to do with collecting money. Skiing is their ancillary attachment.

More access to debt FTW.

MTN 8-K & SEC Filings - Yahoo Finance

MTN 8-K and SEC filings offer investors the in-depth insights and information you've come to expect from Yahoo Finance

finance.yahoo.com

Is more debt a form of collecting money?

 

[tirolski]

Always liked the Slutzkys and their presence at Hunter. If bored watch dopesick about the sacklers although no skiing involved it is interesting.

Look like Peak Rankings just did a piece about it:
"Most INSANE Untold Story of the 21st Century Ski Industry"