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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