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Vail Resorts on Thursday said the company expects to have 2.3 million people using its Epic, Epic Local and Epic Day passes this year.
That’s a 6% increase over last year in the company’s pre-purchased pass sales and sales dollars for the upcoming ski season in North America, where the company operates 37 ski areas.
The announcement was part of the company’s earnings report for the fiscal 2023 first quarter, which ended Oct. 31.
An earnings call scheduled for Thursday was delayed due to technical difficulties, but a preview of Vail Resorts’ CEO Kirstin Lynch’s comments was provided in Thursday’s release.
Lynch said Vail Resorts expects to have approximately 2.3 million guests in advance commitment pass products this year, generating over $800 million of revenue and representing over 70% of all skier visits committed. That represents an increase of more than 1.1 million guests in the program from the 2019/2020 season, Lynch said.
Courtesy of the Summit Daily News.
