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| Skier visits down 15.3 percent at Vail Resorts | |||
| Friday, January 06, 2012 13:56 |
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THE ASSOCIATED PRESS With snowfall lagging, fewer skiers and snowboarders are hitting the slopes at Vail Resorts properties so far this season. The company said Friday that skier visits are down 15.3 percent compared with the ski season through New Year's weekend last year. Lift ticket revenue is up slightly but the company says people who bought season passes aren't using them as much as last season. The lack of snow has prevented the back bowls at Vail from opening as of Jan. 6 for the first time in 30 years. Lake Tahoe didn't get any snow at all during December and the company says that hasn't happened since the late 1800s. Chief executive officer Rob Katz says the company isn't revising its earnings guidance but acknowledges it will be tougher to meet its targets. |
