Vail Resorts to Acquire Perisher, the Largest Mountain Resort in Australia

Vail Resorts to Acquire Perisher, the Largest Mountain Resort in Australia

-- March 30, 2015
Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has agreed to acquire its first international mountain resort, Perisher Ski Resort (“Perisher”) in New South Wales, Australia, for total cash consideration of AU$176.6 million (approximately US$136 million), subject to certain adjustments. Perisher is the largest and most visited ski resort in Australia, and is well-positioned with access to the country’s largest cities, including Sydney, Melbourne, Adelaide, Canberra and Brisbane. Perisher is also the largest ski resort in the Southern Hemisphere. The acquisition is expected to close in the fourth quarter of fiscal 2015 following the satisfaction of certain conditions, including approval by the New South Wales Government under the long-term lease and license noted below.
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Perisher’s Freedom Pass is Now Epic

Perisher’s Freedom Pass is Now Epic

-- March 30, 2015
As part of the announced acquisition of Perisher by Vail Resorts, Inc. (NYSE: MTN), Perisher announced that it has re-opened sales of the Perisher Freedom Pass with Epic Benefits for the 2015 ski season. The 2015 Perisher Freedom Pass with Epic Benefits is on sale now through 31 May, for AU$749 for adults and AU$429 for students. 
 
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Approvals Received for Park City Capital Improvement Plan

-- March 26, 2015
Vail Resorts, Inc. (NYSE: MTN) announced that it received unanimous approval from the Park City Planning Commission to implement one of the most ambitious and impactful capital plans in the history of the U.S. ski industry for the 2015-16 season. The plan would establish the connection between Park City Mountain Resort and Canyons Resort, creating the largest single ski area in the country with more than 7,300 acres of skiable terrain, and complete a number of critical upgrades to the infrastructure of both resorts. Park City’s approvals follow approvals from Summit County, Utah’s Synderville Basin Planning Commission in February.
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Keystone Offers Variety of Events to Close 2014-15 Season

Keystone Offers Variety of Events to Close 2014-15 Season

-- March 26, 2015
Spring has officially sprung, providing skiers and riders with softer snow, longer days and multiple end-of-season events to enjoy the last days of Keystone’s 2014-15 winter season. Snow enthusiasts still have time to make spring turns and take advantage of lodging discounts, daily activities and a variety of events before the season comes to a close on Sunday, April 12.

 
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Fresh Snow Blankets Breckenridge as Spring Fever Heats Up!

-- March 25, 2015
Spring in Breckenridge is beginning to look a lot like winter, with 11 inches of fresh snow piling up at Breckenridge Ski Resort since Monday, readying Colorado’s snowiest ski resort for its biggest party of the year, the Breck Spring Fever Festival.
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Vail Mountain Goes Nine-to-Five this Spring with Extended Hours beginning Saturday, March 28

Vail Mountain Goes Nine-to-Five this Spring with Extended Hours beginning Saturday, March 28

-- March 24, 2015
During the two week period from Saturday, March 28 through Saturday, April 11 Vail Mountain, one of the largest ski resorts in the world, will adjust operating hours to 9 a.m. to 5 p.m. to better cater to guests. During this time skiers and snowboarders can put in their nine-to-five hours on the slopes instead of in the office, enjoy more time on the snow, and soak up the extra hours of daylight on the mountain.
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