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Vail Resorts posts 200% jump in real estate biz.
Revenue for the Vail and Beaver Creek resorts showed strong growth last ski season, fed by extended spring skiing and the sale of prime home sites at Beaver Creek.
Revenue for resort operations at the two areas increased 10.7 percent during the nine-month period that ended June 30, while real estate revenue shot up more than 200 percent, according to a report filed with the Securities and Exchange Commission by Vail Resorts Inc.
Vail and Beaver Creek had combined skier visits last season of 2.2 million, an increase of 4.3 percent from the previous season. The new CEO and board chairman of the resorts, Adam Aron, announced a new marketing campaign Aug. 27 to boost …
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