Vail Resorts, Inc. reported that preliminary estimates indicate that its retail/rental revenue increased 8.9 percent for the season-to-date period ended April 14 compared with the comparable period a year earlier. The number reflect sales and ski rentals by the more than 170 specialty stores it operates at its seven mountain resorts in Colorado and the Lake Tahoe region as well as and in the Salt Lake City and San Francisco markets.   

Vail reported season-to-date total lift ticket revenue at its seven mountain resorts, including an allocated portion of season pass revenue for each applicable period, increased approximately 10.2 percent compared to the prior year season-to-date period.

Season-to-date ancillary spending continued to outpace our growth in skier visitation, with dining revenue up 13.1 percent and ski school revenue up 11.6 percent at the company’s seven mountain resorts.
Season-to-date total skier visits for the company’s seven mountain resorts increased 5.5 percent compared to the prior year season-to-date period.

“As the 2012-2013 ski season comes to a close, we are very pleased with the strong results this season, said CEO Rob Katz. The growth in skier visitation continued to accelerate through Spring Break and the Easter holiday which contributed to our double-digit growth in lift ticket, dining and ski school revenues compared to the same period last year, offset by somewhat slower momentum at our Tahoe resorts and our retail business.” 

Katz said that Vail Resorts spring season pass sales for the 2013-2014 ski season are off to a strong start, showing good momentum over last spring’s record results for the program. 

The company’s subsidiaries operate the mountain resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Afton Alps in Minnesota and Mt. Brighton in Michigan; and the Grand Teton Lodge Company in Jackson Hole, Wyoming.