Vail Resorts updates financial position following COVID-19 impact


By Pique Staff
Negative impact of US$180M to $200M anticipated

Even with the current closure of all of its North American resorts, including Whistler Blackcomb, Vail Resorts believes it is in position to weather the COVID-19 crisis. In an update to its prior statement released on March 9, Vail CEO Rob Katz said the company, which operates 37 mountain resorts and urban ski areas, is anticipating a negative impact in the range of US$180- to $200-million compared to its Resort Reported earnings before interest, tax, depreciation and amortization (EBITDA) as of March 1.…

Source:: Vail Resorts updates financial position following COVID-19 impact


March 18, 2020

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