Friday, December 29, 2006

A Seasonably Good Year for Mtn. Resort

When it snows, it snows added revenues. With two major snow dumpings on Denver, Colorado in the last month, Vail Mountain Resorts (MTN) has been enjoying record-breaking conditions for its avid skiiers and snowboarders. Despite the holdup at major airports, Vail Mtn. managed to open slopes weeks in advance, and fashion a knockout Christmas season. Following this trend, the stock has seen major upside over the past three years under the leadership of CEO, Robert Matz. At only 39 years old, investment-banker Matz holds high hopes for the $1.8 billion mountain resort juggernaut. As overseer of 40% of Colorado's ski market, Matz looks to invest hundred of millions in re-establishing its real estate holdings at Vail Village, Keystone, Breckenridge, Beaver Creek, and Heavenly. As the #1 international ski destination, Vail Mtn. has made a long-lasting commitment to ensuring low CO2 emissions through the development of its wind turbine systems. These systems provide 100% of the energy needed to operate the chair lifts and mountain restaurants. Furthermore, Vail is making improvements to accommodate the ever-growing snowboarding market through sponsored events such as the Honda Session in January 2007. With $81 lift tickets, and visitors from all over the globe, can you spell recession proof?

1 comment:

Anonymous said...

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