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Vail Resorts

Operator of ski resorts.

Headquarters:
390 Interlocken Crescent
Broomfield, CO 80021
Employees: 3,600
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 owns or manages more than a dozen hotels located at its five premier mountain resorts of Vail, Beaver Creek, Breckenridge, Keystone and Heavenly, including RockResorts branded hotels and about 1,500 managed condominiums and townhomes. The Company also owns RockResorts in Santa Fe, Jackson Hole, Aspen and St. Lucia.
 
Company Properties include:
  • RockResorts: a luxury hotel management company with eight properties total
  • Six additional owned hotels (not branded) and management of the Vail Marriott Mountain Resort & Spa, Mountain Thunder Lodge, Keystone Lodge & Spa and Austria Haus Hotel and condominium management operations that comprise Vail Resorts Hospitality
  • GTLC: Grand Teton Lodge Company, a summer destination resort in Jackson, WY.
  • Five company-owned resort golf courses in Colorado and one in Wyoming
In total, the Company's lodging division includes about 3,800 owned and managed hotel and condominium rooms. In addition, Vail Resorts operates Colorado Mountain Express, a ground transportation company servicing the Colorado Rocky Mountains.

In fiscal 2010, the company reported revenues of $868.6 million, down 11.1% from the previous year. Net income was $30.3 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 January 8, 2011