22.4% decline in skier visits at Vail Resorts’ Tahoe properties
By Denver Business Journal
Skier visits to Vail Resorts’ Colorado mountains were down 9 percent in the three months ended April 30 as the industry struggled with historically low snowfalls.
Broomfield-based Vail Resorts reported the results for the third quarter of its fiscal year Wednesday.
Skier visits were off by 12.4 percent for the company’s resorts in the Lake Tahoe area of California and Nevada. The company said cumulative snowfall at its six resorts was down more than 50 percent from last year’s ski season.
For the full 2011-2012 ski season, visits at Vail Resorts’ properties in Lake Tahoe were down 22.4 percent and off 8.9 percent at its Colorado resorts from last year.