Vail Resorts also announced that the power plant which the Kirkwood Meadows Public Utility broke ground on last May is now fully operational and should provide reliable power service to Kirkwood for many years to come.
Vail Resorts is already delivering amazing value from the acquisition to its guests. This season, Heavenly and Northstar pass holders can ski and ride at Kirkwood and Kirkwood pass holders can visit Northstar and Heavenly. The Company reported that they are already seeing thousands of reciprocal visits from pass holders at the three resorts.
With the previous announcement of the Kirkwood acquisition, Vail Resorts immediately began including Kirkwood in its industry-leading season pass offering. The Company recently announced the best value in 2012-2013 season passes, including the new Tahoe Local Pass that provides access to more than 10,000 total skiable acres between Kirkwood, Heavenly Mountain Resort and Northstar California, marking the most combined terrain in Tahoe. Priced at $419, Tahoe Local pass holders receive seven-day-per-week access to all three Tahoe resorts for $80 less than last year’s comparable Epic Local Pass. Guests of Heavenly, Northstar and Kirkwood now have a variety of season pass options to choose from depending on when and how often they want to ski and ride.
• New for 2012-2013, the Tahoe Local Pass™ offers skiing and riding seven days a week to Heavenly, Northstar, and Kirkwood resorts for $419. The Tahoe Local Pass includes access on Saturdays at all three Tahoe resorts with limited holiday restrictions and $50 pass holder tickets available for purchase during blackout dates. Priced $80 less than last year’s Epic Local Pass, the Tahoe Local Pass pays for itself in just over four days.
• The Tahoe Value Pass™, available for $379, includes skiing or riding seven days a week at Heavenly, skiing and riding at Northstar and Kirkwood on Sunday-Friday, and restricted on all Saturdays at Northstar and Kirkwood. Holiday restrictions apply, but pass holders can purchase a $50 ticket to any of the three resorts on restricted dates. In less than four days of skiing or riding, the Tahoe Value Pass pays for itself.
• The Epic Pass™, the best season pass deal in the ski industry, offers unlimited, unrestricted skiing at Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar, Kirkwood and Arapahoe Basin for $659. The Epic Pass pays for itself in less than six days on the mountain.
• Epic 7-Day™ pays for itself in less than five days and is ideal for people who don’t plan to ski more than seven days. The Epic 7-Day gives skiers and snowboarders a total of seven unrestricted days of skiing at Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar and Arapahoe Basin anytime during the season for $509.
The prices listed above are only guaranteed through April 15, 2012, and Vail Resorts is giving guests the option to lock in these prices now with a $49 down payment, with the remainder of the balance due in mid-September 2012. Tahoe Local and Tahoe Value Passes purchased before April 15 will receive six Buddy Tickets as an added benefit (after the 15th, passes will only come with two Buddy Tickets). For more information about 2012-2013 season passes, visit www.epicpass.com
Investor Relations: Hayley Wolff, (303) 404-1827, firstname.lastname@example.org
Media Relations: Kelly Ladyga, (303) 404-1862, email@example.com
About Vail Resorts
Vail Resorts, Inc., through its subsidiaries, is the leading mountain resort operator in the