Page 7 - Resort Reported News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BROOMFIELD, CO – Effective April 15, 2016, Vail Resorts, Inc subsidiary RockResorts will no longer manage Half Moon in Montego Bay, Jamaica. BROOMFIELD, CO – Effective April 15, 2016, Vail Resorts, Inc subsidiary RockResorts will no longer manage Half Moon in Montego Bay, Jamaica. The owners of the property (Half Moon Bay, Ltd) and RockResorts have mutually agreed that based on ownership’s goals for the property and RockResorts’ focus on its mountain lodging properties, this is the right direction for both parties. In connection with this agreement, Half Moon will repay Vail Resorts t...

  (1) The provision for income taxes may be impacted by excess tax benefits primarily resulting from vesting and exercises of equity awards. Our estimated provision for income taxes does not include the impact, if any, of unknown future exercises of employee equity awards, which could have a material impact given that a significant portion of our awards are in-the-money. (2) Our guidance includes certain estimated changes in the fair value of the contingent consideration based on the passage of time, updated financial projections and changes in market factors used to derive the estimate. S...

Vail Resorts on Thursday updated its guidance range for the nine-month period ending April 30, 2021. The company now expects net income attributable to Vail Resorts, Inc. to be between $258 million and $280 million and Resort Reported EBITDA (earnings before interest, taxes, depreciation and amoritization) to be between $636 million and $650 million. “We are increasing our guidance primarily as a result of stronger than expected performance in March and April,“ said Vail Resorts CEO Rob Katz in a news release. ”Despite the challenging operating environment as a result of COVID-19 relate...

Sat, 03/13/2021 - 3:19am -- tim Vermont Business Magazine Vail Resorts, Inc (NYSE: MTN), the owner of Mount Snow, Okemo and Stowe Mountain resorts in Vermont, has reported results for the second quarter of fiscal 2021 ended January 31, 2021 and provided the Company's ski season-to-date metrics through March 7, 2021, both of which were negatively impacted by COVID-19 and related limitations and restrictions. Revenues across the board were down, especially in the retail/rental segment, but overall skier visits and lift revenue overall down less than 9 percent. Separate resort information wa...

Operator Good day, and welcome to the Vail Resorts second-quarter 2021 earnings call. [Operator instructions] Today's conference is being recorded. At this time, I would like to turn the conference over to CEO Robert Katz. Please go ahead, sir. Rob Katz -- Chief Executive Officer Thank you. Good afternoon, everyone. Welcome to our fiscal 2021 second-quarter earnings conference call. Joining me on the call this afternoon is Michael Barkin, our chief financial officer. Before we begin, let me remind you that some information provided during this call may include forward-looking statements tha...