Vail Resorts

Vail Gets Stock Boost From Decision

May 22, 2014

Third District Judge Ryan Harris ruled in Vail and Talisker's favor on all nine legal motions before him in the three-year-old lawsuit over Park City Mountain Resort's lands.

KPCW's Larry Warren has more on the ruling, and the immediate reaction from those involved.

At the end of the stock trading day, as word of Vail's court victory was reported by KPCW, Vail's stock jumped by nearly five percent.

Judge Rules In Vail/Talisker's Favor

May 21, 2014

UPDATE 4:45PM

Vail Resorts Wednesday won its Third District Court lawsuit against Park City Mountain Resort, which contended that PCMR failed to renew its lease on ski lands at the resort.  The ruling on nine motions in the three-year old-case all favored Vail’s positions that PCMR’s lease is now expired.  Vail has already served an eviction notice to PCMR, which has ignored the eviction.

John Cumming, the CEO of Powdr Corporation, parent company of the Park City Mountain Resort, is scolding his counterpart, Vail Chief Executive Rob Katz, in a letter relased Friday.

Cummings said that Katz has misstated the facts about their legal dispute over PCMR's ski mountain, as a transparent public relations effort to pressure Powdr into a Vail takeover of the resort.

Cumming writes that exchanging letters in public is counterproductive, but he needs to set the record straight. All he tells Katz, "If you want to resolve this dispute, call me." Rick Brough has more.

Park City Mayor Jack Thomas says he's hopeful the battle between Park City Mountain Resort and Vail/Talisker will be resolved, and the city stands ready to weather the storm if a settlement threatens Park City's tax base. Lynn Ware Peek has more.

The CEO of Vail Resorts, Rob Katz, has sent a letter to his counterpart, John Cumming, the head of Powdr Corp, saying that if - or when - Powdr loses the lease for more than 3,000 acres of its ski mountain, it's not realistic to insist that Park City Mountain Resort will continue to operate the ski area. KPCW's Leslie Thatcher has more.

Park City Follies Facebook page

When you're Rob Katz, the CEO of one of the world's biggest ski operators, and find out the joke is on your company by the small-town theater group, you make sure you get tickets to the sold-out show, so you can see for yourself. KPCW's Leslie Thatcher reports.

Even though Park City Mountain Resort is headed to court tomorrow to have two motions heard, the Resort plans to begin selling next year's season passes. KPCW's Leslie Thatcher reports.

Vail Offers To Buy Out Park City Mountain

Mar 27, 2014

A couple of court hearings scheduled for early next month in the ongoing legal dispute between Park City Mountain Resort and Vail Resorts. This Tuesday, however, Vail Resorts CEO Rob Katz offered to buy Park City’s access to the ski mountain and property that Vail Resorts holds a lease to. But Park City says no way to a Vail takeover. KPCW’s Leslie Thatcher has more.

Wake Up Canyons!

Dec 4, 2013

Hundreds were treated to a free cup of coffee this morning as Canyons Resort unveiled a new partnership with Mountain Trails Foundation that could potentially raise tens of thousands of dollars for the non-profit organization.

There's still time to register for a race that includes skiing at 26 resorts around the world and could earn you a lifetime Vail Resorts Epic Pass. Lynn Ware Peek has more. 

  In its first public introduction of Vail Resorts to Park City, the company's Chief Executive Officer Rob Katz says he's thrilled to have added Utah to the company's assets. KPCW's Leslie Thatcher has more. 

Following the award of a half-million dollars and volunteer help to Summit County nonprofit organizations Wednesday night, the CEO and Chairman of the Board for  Vail Resorts, the new operator of Canyons,  Rob Katz, addressed the invited crowd.  After expressing his disappointment that Vail Resorts couldn't host this year's Park City Road Tour group due to the Boulder flooding, he's hopeful they  will visit next summer.  In the meantime, he joked he'll be lobbying the editors of Outside Magazine to see if Boulder could be named as the Best Outdoor Town.  Katz then went on to talk about who

At a reception last night, Vail Resorts and Canyons Resorts handed out more than $500,000 in checks and committed more than a thousand hours of paid employee time to 10 Park City non-profit organizations. KPCW's Leslie Thatcher has more.

Doing business in Utah will come at a price for Vail Resorts. KPCW's Leslie Thatcher has more. 

  Canyons Resort will partner with the East Canyon Watershed Committee as the 4th annual Vail Resorts Eco Day makes its debut in Utah this Saturday. Lynn Ware Peek has more.

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