Vail Resorts (MTN) Season Pass Revenue Up 4.3%

January 15, 2013 4:20 PM EST Send to a Friend
Vail Resorts, Inc. (NYSE: MTN) today reported certain ski season metrics for the comparative periods from the beginning of the ski season through January 13, 2013, and for the prior year period through January 15, 2012, adjusted as if Kirkwood, which was acquired in April 2012, was owned in both periods. The reported ski season metrics do not incorporate the recently acquired urban ski areas of Afton Alps and Mt. Brighton. The data mentioned in this release is interim period data and subject to fiscal quarter end review and adjustments.

Highlights

Season-to-date total lift ticket revenue at the Company's seven mountain resorts, and including an allocated portion of season pass revenue for each applicable period, was up approximately 4.3% compared to the prior year season-to-date period.

Season-to-date ancillary spending outpaced our growth in skier visitation, with ski school revenue up 2.9% and dining revenue up 9.0% at the Company's seven mountain resorts, and retail/rental revenue was up 7.7% compared to the prior year season-to-date period.

Season-to-date total skier visits for the Company's seven mountain resorts were up 2.0% compared to the prior year season-to-date, including higher utilization by season pass holders.


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