Hints and tips:
...Vail Resorts has agreed to buy the Crans-Montana ski resort in the Swiss Alps, in a SFr118.5mn ($136mn) deal that will give the Colorado-based group ownership of an iconic European holiday destination....
...In Andermatt-Sedrun, another Swiss ski and golf resort in which a majority stake was bought by Vail Resorts a year ago, the number of overnight stays by North Americans quadrupled last winter....
...The company’s expansion in the north-east of the US, where it owns 94 ski lifts versus 41 for its nearest competitor, Boyne USA, is part of a strategy to turn these resorts into feeder destinations....
...Vail Resorts agreed to buy the Crans-Montana ski resort in the Swiss Alps, in a SFr118.5mn ($136mn) deal that will give the Colorado-based group ownership of an iconic European holiday destination....
...Then there’s The Westin Riverfront Resort & Spa in Avon, where I do my workouts and where you have the best views of the river and Beaver Creek beyond....
...I drive an hour south to Breckenridge, a Gold Rush town turned ski resort (it’s also owned by Vail Resorts)....
...Many outlets described Vail’s “epic lift lines”, an oblique reference to the Epic Pass, the season-long pass introduced by Vail Resorts in 2008 which has revolutionised the US ski industry....
...The coronavirus pandemic has turned the US government into a financing source of last resort for swaths of corporate America, but the socialisation of risk and the picking of winners and losers has concerned...
...Perched up on a ridge nearby, the Anantara Golden Triangle Resort is among a cluster of five-star properties that pander to moneyed hikers, elephant lovers and sightseers....
...Although its parent company, Interpublic Group Cos Inc, installed female leadership at the Martin Agency, IPG’s board remained the same....
...Inc — in other words offering a dire signal on the outlook”....
...“With public market values falling so much, a buyer needs to determine whether the valuation represents the new normal or whether there is going to be a V-shaped recovery in terms of earnings or valuation...
...After three and a half years of working for Vail, one of the largest operators of ski resorts in the US, she left to set up a gift shop called White Balcony in Fort Collins, a town in Northern Colorado....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Campari will be hard hit by COVID-19 due to high On Trade exposure, especially in core markets of Italy and the USA....
...The USA (#4) and Portugal (#9) were already excluded from the list and the Spain decision will not imbue confidence that others destinations won’t be excluded at short notice....
...Meanwhile, another celebrated Colorado destination, Crested Butte, has become the latest to be snapped up by Vail Resorts....
...“A baby, gasping on an abortion clinic table, should not be left to die,” Republican Ben Sasse, the Nebraska senator wrote in an op-ed for USA Today....
...Several companies have detailed rising wage pressures in the third-quarter reporting season, from fast-food restaurants such as Chipotle Mexican Grill to Vail Resorts, the ski resort operator....
...François Arrighi arrived to open and manage the property, fresh from the George V in Paris (and, before that, Les Airelles, one of Courchevel’s celebrated palaces)....
...The 1984 case, formally known as “Chevron USA Inc v Natural Resources Defense Council Inc” formalised the legal doctrine that requires judges to defer to administrative agencies’ interpretation of federal...
...He also serves as a director of Vail Resorts, which owns ski resorts including Whistler in Canada, Northstar in California’s Lake Tahoe and Park City, Utah....
...The biggest US insurer by market value said on Tuesday it had struck a deal to sell Stowe Mountain Resort’s operations in New England to Vail Resorts, a listed specialist in managing such assets....
...“It is unfortunate and alarming that critics of your bill would resort to hyperbole and scare tactics, arguing that passage of the Stop Enabling Sex Traffickers Act will signal the demise of free speech...
...Meanwhile, the move by Vail Resorts should give buyers of US mountain property pause for thought....
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