So if, like me, you are a skier/rider of a Peaks Resorts property on the East Coast (Jack Frost, Big Boulder, Hunter, Mt Snow, etc.) there was some big news this morning. Vail just announced a deal to acquire Peaks' portfolio and roll it under Vail's Epic Pass. Which, for me, means instead of buying my local Peaks pass and an Epic pass for trips out West I can now get them all with one pass. And to top it off the Local Epic Pass, which would give me unlimited access to my local resorts and limited access to other resorts, would be cheaper than my Peaks pass.
On the surface this initially appears to be a plus as it lowers my cost and perhaps there is some investment in my local resorts from Vail but I don't know how it will play out. Will my local resort now be overrun with new pass holders? Will Vail just milk my local hills dry and then shutter or sell them when they have been run in the ground? Definitely a "wait and see" situation that will reveal itself in time.
Story here ---> https://www.prnewswire.com/news-rele...300888418.html
On the surface this initially appears to be a plus as it lowers my cost and perhaps there is some investment in my local resorts from Vail but I don't know how it will play out. Will my local resort now be overrun with new pass holders? Will Vail just milk my local hills dry and then shutter or sell them when they have been run in the ground? Definitely a "wait and see" situation that will reveal itself in time.
Story here ---> https://www.prnewswire.com/news-rele...300888418.html
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