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U.S. resorts are starting ski season as coronavirus cases climb.

Vail Daily Park City Mountain Resort owner Vail Resorts reported a net loss of $153.8 million for the first quarter of fiscal year 2021, the company reported Thursday. Park Record file photo The COVID-19 pandemic has taken a toll on Vail Resorts’ bottom line. On Thursday, the global ski resort giant reported a net loss of $153.8 million for the first quarter of fiscal 2021 that ended Oct. 31, 2020, a decrease of 44.4% compared to the first quarter of 2020. In its release, Vail Resorts stated its business has been challenged by COVID-19 related limitations, restrictions and closures, and pro...

Vail Daily Photo by Chris Dillmann / Vail Daily EAGLE — The COVID-19 pandemic has taken a toll on Vail Resorts’ bottom line. On Thursday, Dec. 10, the global ski resort giant reported a net loss of $153.8 million for the first quarter of its current fiscal year that ended Oct. 31, a decrease of 44.4% compared to the same period last year. The company’s fiscal year runs from Aug. 1 to July 31. In its release, Vail Resorts stated its business has been challenged by COVID-19-related limitations, restrictions and closures, and provided season pass sales results. In a Thursday afternoon earn...

Vail Resorts’ Chief Executive Officer, Rob Katz, and his wife, Elana Amsterdam, New York Times bestselling author and founder of Elana’s Pantry, today announced more than $3.3 million in COVID-19 emergency relief and behavioral health grants. In nine communities where Vail Resorts operates, these separate donations will support local nonprofits’ ongoing efforts to (1) provide critical need services throughout the pandemic and (2) improve access to and affordability of mental and behavioral health services. “As mountain towns continue to contend with the impacts of COVID-19, there’s...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Vail Resorts Reports Fiscal 2021 First Quarter and Season Pass Results December 10, 2020 GMT Vail Resorts, Inc. logo (PRNewsFoto/Vail Resorts, Inc.) BROOMFIELD, Colo., Dec. 10, 2020 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2021 ended October 31, 2020, which were negatively impacted by COVID-19 related limitations, restrictions and closures, and provided season pass sales results. Highlights Net loss attributable to Vail Resorts, Inc. was $153...