Vail Resorts (MTN) Posts Q1 Loss of $1.77/Share

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Vail Resorts (MTN) Updates on Planned $50M+ in Upgrades of Park City Mountain Resort

December 8, 2014 8:04 AM EST

Vail Resorts (NYSE: MTN) announced details of the company's planned upgrades to Park City Mountain Resort ("Park City") for the 2015-2016 ski season. The plan, which totals over $50 million, is one of the most ambitious and impactful capital programs in U.S. ski industry history and will transform the guest experience at Park City. The plan would establish the connection between Park City and Canyons, creating the largest single ski area in the country with more than 7,300 acres of skiable terrain, and complete a number of critical upgrades to the infrastructure of... More