Vail Resorts Inc. (VAI)

Overview

Vail Resorts, Inc., rooted in its impressive legacy since its establishment in 1845, has grown to become a premier operator of mountain resorts and regional ski areas across the United States. With its headquarters situated in Broomfield, Colorado, the company strategically manages its operations through three main segments: Mountain, Lodging, and Real Estate. This trifurcated approach enables Vail Resorts, Inc. to not only offer exhilarating mountain resort experiences but also to engage in the development and sale of real estate properties, along with managing luxury accommodations. The company's dedication to providing exceptional outdoor adventure experiences is evident through its expansive operation of 41 destination mountain resorts and regional ski areas, alongside a variety of luxury hotels, and condominiums, marking its prominence in the hospitality and leisure industry.

Products and Services

• Mountain Resort Operations:

Vail Resorts, Inc. stands out with its operation of 41 destination mountain resorts and regional ski areas. The Mountain segment emphasizes not only on offering unparalleled ski experiences but also includes ancillary activities that enhance the overall mountain adventure. Activities such as ski school, dining options, and retail/rental operations are meticulously managed to ensure guests have access to comprehensive services that enrich their mountain getaway. Additionally, the company engages in real estate brokerage activities, providing an integrated service offering for those interested in mountain resort living.

• Lodging:

The Lodging segment of Vail Resorts, Inc. reveals a commitment to luxury and convenience, managing a wide array of accommodations under the RockResorts brand, alongside other prestigious lodging properties. This segment encompasses the ownership and management of various luxury hotels and condominiums, many of which are strategically located in proximity to the company’s mountain resorts. Furthermore, it extends to the operation of destination resorts and golf courses, alongside offering resort ground transportation services, making it a comprehensive provider of exceptional resort living experiences. The operated and managed hotel and condominium units under this segment define the essence of upscale mountain hospitality, catering to guests seeking relaxation and adventure in equal measure.

• Real Estate:

Vail Resorts, Inc. combines its expertise in hospitality with strategic real estate development and sales through its Real Estate segment. This involves the ownership, development, and sale of valuable real estate properties, allowing the company to strategically leverage the allure of its resort locations for residential or commercial developments. By doing so, Vail Resorts, Inc. not only diversifies its revenue streams but also enhances the value and appeal of its resort communities, offering unique living experiences in some of the most sought-after mountain locales.