Vail Resorts

Vail Resorts has submitted its financial report for the fourth quarter of 2018, and the fiscal year ending on July 31st of 2018. The results reflect last year’s poor winter at the Western ski resorts, but also some incremental improvements after the acquisition of Stowe, Vermont.

The net income attributed to Vail Resorts was a little under $380 million for the fiscal year. That’s an increase of 80.4 percent over the previous year.

Park City Farmer's Market-Daniel Lewis

This is the 22nd year for Park City’s Farmers Market and the market has come full circle –with the fresh produce and other local products for sale every Wednesday afternoon at the base of Park City Mountain Resort. KPCW’s Leslie Thatcher has more.

In the latest quarterly earnings report for Vail Resorts, CEO Rob Katz says he's pleased with the results. Especially considering the challenge of a weak winter they faced in the Western U.S. for much of the season. Rick Brough has more:

You’re likely safer riding a chairlift, gondola or tram than you are getting behind the wheel of your car. As we reported, a chairlift malfunction at Park City Mountain resort in mid-January resulted in an injury. However, according to the National Ski Areas Association, accidents that cause injury or death on chairlifts are rare. Carolyn Murray reports.

The Jupiter chairlift at Park City Mountain malfunctioned in mid-January, and a former employee tells KPCW that someone was injured in the accident. KPCW was alerted to the chairlift incident in February and has been investigating the details since then. An attorney we spoke to who specializes in ski resort litigation says it's hard to get information about an industry that is essentially its own watchdog. Carolyn Murray reports.   

Vail Resorts, Inc., announced last month that Chief Executive Officer Rob Katz and his wife, Elana Amsterdam, have decided that the initial focus for their recently announced charitable fund will be on mental health issues in the Company’s local communities. Katz and Amsterdam created the new charitable fund in October 2017 with funding of approximately $58 million. Carolyn Murray has this :

Vail Resorts has reported, for the end of the 2017 fiscal year, that it has achieved another year of record-breaking results, with strong growth across the sectors of their business. One factor boosting that was the growth at Park City Mountain and the Canyons base. Rick Brough has more.

Park City Mountain

Vail Resorts announce their goal to reach zero net operating footprint by 2030. They delivered the message to their employees in a special corporate wide meeting.  Carolyn Murray has more:

canyonsvillageplan.com

The Snyderville Planning Commission on Tuesday continued to discuss and take public input about the proposed Master Plan Amendment for the Canyons Resort. Some recurring topics came up in the meeting. Rick Brough has more.

Andy Beerman

The Mountain Accord will get its day in Congress.   Utah Representative Rob Bishop’s Natural Resource Committee has scheduled the bill for a hearing on November 15th  If passed, it will create a new national conservation and recreation area right in Park City’s backyard.  KPCW’s Renai Bodley has the story.

Vail Resorts

Your Epic pass,  just got, well, more epic. Leslie Thatcher explains.

Vail's decision to withdraw their application to trademark the name "Park City" was welcome news to businesses with the city's name in their title.  KPCW's Renai Bodley has reaction: 

Park City Mayor Jack Thomas and former mayor Dana Williams react to the news that Vail has withdrawn its application to trademark the name "Park City".     A full statement from Mayor Thomas is below.

Here is a press release from Park City Municipal:

For Immediate Release

Park City Trademark Dispute Resolved

Mayor Jack Thomas expresses his appreciation for Vail Resort's decision to withdraw its trademark application; commends the community for its commitment to Park City

Vail Resorts is withdrawing its application to trademark the name Park City.   KPCW received this statement from Bill Rock, COO of Park City Mountain Resort, this morning:

On today's Local News Hour, host Leslie Thatcher speaks to Summit County Development director Pat Putt and Health Department Director Rich Bullough about the crack down on tiny houses. Park City Planning Director Bruce Erickson discusses Wednesday's Park City Planning Commission agenda, including Treasure, PC MARC has news about this month's Lunch and Learn and former Mayor Dana Williams talks about his concern over Park City's proposed contract with Vail to settle the trademark dispute.

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