Vail Resorts Struggle as Snowless Ski Season Hits U.S. West
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Vail Resorts Inc. shares have fallen 15 percent since Dec. 23 as major ski trails were closed at the company’s mountain properties in the western U.S. because of a lack of snow.
Visitors to the company’s resorts were down 15.3 percent compared to this time last year, Rob Katz, chief executive of the Broomfield, Colorado-based company, said in a statement.