Vail’s fiscal year ended on July 31, with revenue down 13.6% year-over-year because of the pandemic-shortened ski season and travel disruptions. Total skiers for the year declined by about 10%.
While season passes outpace where they were this time last year by 18%, the company says it’s largely redemption of credits from the shortened year and renewals. New customer sales have declined.
Vail’s Season Pass Pace:
- Roughly 850,000 passes sold for the upcoming season in North America.
- Sold 1.14 million passes through early December 2019.