A by-the-numbers look at Vail resorts’ proposed buyout of Mount Snow and 16 other resorts.
Vail Resorts announced early on July 22 that it plans to acquire Peak Resorts, Inc., the parent company of Mount Snow, Hunter Mountain in New York, three New Hampshire ski areas and 11 other ski areas, mostly in the Mid-Atlantic and Midwest. Vail Resorts and Peak Resorts have been the only two publicly traded companies in the ski resort industry and the deal is subject to regulatory oversight, but is expected to close this fall. Plus, see What’s Next for Vermont Resorts
$264 million: Amount Vail Resorts is offering for Peak Resorts.
17: The number of ski areas Peak Resorts, Inc. owns or operates.
3: Number of Vermont ski areas that will now be owned by Vail Resorts (Okemo, Mount Snow and Stowe).
4: Number of New Hampshire resorts that will be owned by Vail Resorts (Attitash, Crotched Mountain, Mt. Sunapee and Wildcat).
37: Total number of Vail Resorts-operated ski resorts that Epic Pass holders will have unrestricted access to for 2019/20.
$699-$939: The price in dollars of an adult full season Epic Pass for 2019-2020.
21: The percentage by which Vail Resorts Epic Pass sales increased in 2018-2019 over the year prior.
12.3 million: Total skier visits at all Vail Resorts in 2018/19.
39: Number of ski resorts on Alterrra Mountain Company’s 2019/20 Ikon Pass: 14, including Stratton are unrestricted; 24 resorts including Killington and Sugarbush offer up to 7 days of skiing.
$749-$1049: Price in dollars of an adult full season 2019/20 Ikon Pass (depending on restrictions).
113: The percent increase in value of Peak Resorts’ stock shares between close of trading on Friday, July 19 ($5.10 per share) and Monday, July 22, ($10.85 per share) after the sale was announced.
54: Percent of Peak Resorts shares owned by the Sackler family, the investors behind Purdue Pharma, the maker of the drug OxyContin as of November 2018, giving them a majority of shareholder voting power.
$89,551,678.50: How much the Sackler family’s holdings in Peak Resorts increased in value between Friday, July 19, 2019 and the end of day Monday, July 22, 2019.
$22 million: The cost to build Mount Snow’s 42,000-sq.-ft. Carinthia Base Lodge, which opened in 2018.
$30 million: How much Peak Resorts invested in doubling snowmaking capacity at Mount Snow in advance of the 2017/2018 ski season.
$175 million: Estimated value of capital improvements made across all Vail Resorts properties in 2019.
$15 million: The amount in capital improvements Vail Resorts plans to make across the 17 newly acquired Peak Resorts over the next two years.
2030: The year by which Vail Resorts has committed to achieving net zero emissions, zero waste to landfills and zero net operating impact to forests and habitat as part of its Epic Promise campaign.
11: The number of the 20 Ski Vermont-affiliated alpine ski areas not owned by an out-of-state ski resort company.
Featured Photo Caption: Starting this winter, skiers at Mount Snow will have unrestricted access to 37 resorts. Photo courtesy Mount Snow