Vail
Resorts
Operator of ski resorts.
Headquarters:
390 Interlocken Crescent
Broomfield, CO 80021
Employees: 3,900
CEO: Robert Katz
Stock Symbol: MTN
Website:
http://www.vailresorts.com
Career
Site
Vail Resorts is a leading mountain resort company with locations
in Colorado, Wyoming and California. The company operates in
three separate, but highly integrated segments:
Mountain
The Mountain segment owns and operates the five premier year-round
resorts of Vail, Beaver Creek, Breckenridge and Keystone in Colorado
and Heavenly in California and Nevada. The mountain segment includes
lift ticket, ski & snowboard school, dining and retail &
rental businesses.
Lodging
Vail Resorts Hospitality owns and/or manages a portfolio of luxury
hotels under the RockResorts brand, a number of hotels and condominiums
located in proximity to the ski resorts, three destination resorts
at Grand Teton National Park in Wyoming and six award-winning
golf courses.
Real Estate Development
The Real Estate segment, Vail Resorts Development Company, holds,
develops, buys and sells real estate in and around our resort
communities.
In fiscal 2007, the company reported revenues
of $940.5 million, a 12.1% increase, and net income of $61.4
million.
History
In March 1957, Pete Seibert and Earl Eaton,
founders of Vail, first climbed the future Vail Mountain and
realized the potential for a world-class ski area. Vail Mountain
opened for skiing in 1962. Vail was named after Colorado highway
engineer Charles Vail.
In April 1952, Grand Teton Lodge and Transportation
Company, organized by John D. Rockefeller, Jr., moves forward
on a lodging operation in Grand Teton National Park. $6 million
was committed to build a new lodge. The new building project
was called "The Grand Experiment". Jackson Lake Lodge
opens in 1955.
Vail Resorts went public on the NYSE on
February 1997.
Vail Resorts would acquire Heavenly ski
resort in 2002.
Benefits
Here are some of the benefits available
to employees:
- Free skiing and riding
- Health insurance (for full time employees)
- Affordable employee housing (for eligible employees)
- Deep discounts on outdoor clothing and gear, equipment, meals,
activities, hotels, travel and more
- Additional discounts with local merchants
- Incredible incentives and cash rewards
Updated April 25, 2008
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