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Vail Resorts: The Largest Ski Company Facing Backlash and Financial Struggles

share-iconSaturday, January 11 comment-icon1 week ago 6 views
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businessinsiderBUSINESSINSIDER
Vail Resorts: The Largest Ski Company Facing Backlash and Financial Struggles

Credited from: BUSINESSINSIDER

  • Vail Resorts has faced significant backlash, highlighted by critiques in pop culture and from skiers regarding its corporate approach.
  • The company experienced a 6% stock drop amid a ski patrol strike at Park City during a peak holiday period, further highlighting operational challenges.
  • With a network of 42 ski resorts globally, Vail's expansion has drawn criticism for making skiing more crowded and less accessible to local enthusiasts.
  • Despite facing a 50% decrease since 2021 in share price, Vail maintains its market dominance with over 2 million Epic Pass holders.
  • Vail asserts ongoing investments in its resorts, but many skiers feel the focus has shifted towards profit rather than quality experiences.

For the full article, visit Business Insider.

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Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

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