Hotel News Resource - Vail Resorts News

Total revenue and Real Estate Reported EBITDA declined and net loss was greater for the first quarter compared to the prior year due to the timing of real estate project closings. - More

Vail Resorts, Inc. (NYSE:MTN) today announced that Doug Lovell has been promoted to chief operating officer and vice president of Keystone Resort, effective immediately. Lovell will oversee all operations for the resort and will report directly to Blaise Carrig, co-president of the Company's Mountain Division. - More

Resort Reported EBITDA, which includes the Company's Mountain and Lodging segments, of $171.1 million in Fiscal 2009 decreased $59.6 million, or 25.8%, from the prior year. - More

Vail Resorts, Inc. (NYSE:MTN) announced that Paul G. Toner has been promoted to Senior Vice President and Chief Operating Officer of RockResorts and Vail Resorts Hospitality. - More

Through nine months, Resort Reported EBITDA of $206.5 million decreased $51.3 million, or 19.9%, from the prior year period. - More

Vail Resorts Inc. (NYSE:MTN) today announced that Joe Micheletto has retired from his positions as the Company's chairman of the board of directors and as a director, effective immediately. - More

Advance bookings to date down 23% in room nights - More

Ever Vail Project Design Becomes First Resort Development to Receive Highest Level of Certification Rating in New LEED Green Building Pilot Program, Neighborhood Development - More

John Garnsey and Blaise Carrig promoted to co-presidents of the Company's Mountain Division - Stan Brown promoted to president of Company's Lodging Division - More

Koenig will assume responsibilities for the Company's corporate marketing and sales functions, including pricing and research, e-commerce, marketing services, corporate communications, strategic alliances, central reservations, and domestic and international sales. - More