Back to the Utah State Aggies Newsfeed

Park City Mountain’s double-digit growth contributed to Vail's earnings

Related Topics: Vail Resorts

Park City Mountain’s merger into the Vail Resorts empire boosted the company’s bottom line in the fiscal year that ended July 31.

“In Park City, we experienced a double-digit [earnings] growth rate,” Vail Resorts CEO Rob Katz said Thursday in his company’s quarterly report, “as our investment to create the largest ski resort in the U.S. continues to generate excitement among skiers and drive strong yield growth.”

No dollar figures were offered to detail Park City’s earnings before interest, taxes, depreciation and amortization, but such earnings for Vail Resorts totaled $593 million, up 31 percent over the previous year.