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Vail Resorts completes Perisher acquisition

Vail Resorts completes Perisher acquisition
July 6, 2015

Vail Resorts has announced that it has closed on the acquisition of Perisher Ski Resort, with the NSW Snowy Mountains resort now officially included in Vail Resorts’ line up of world-class mountain resorts.

Now part of Vail’s industry leading season pass program, Perisher’s 2015 Freedom Pass and Epic Pass provides holders with ski access at the company’s North American resorts for the 2015/16 ski season in addition to Perisher.

Likewise, Vail Resorts’ industry leading Epic Pass now includes unlimited and unrestricted skiing at the largest and most popular Australian mountain resort.

The Freedom Pass and Epic Pass allow for year-round skiing and provide value that remains unmatched in the ski industry.

Commenting on the acquisition, NSW MP for Monaro and Minister for Regional Development, Minister for Skills, and Minister for Small Business John Barilaro stated “the acquisition of Perisher by Vail Resorts, the world’s preeminent mountain resort company, is a big win for local communities, the broader Snowy Mountains region, state of New South Wales and all Australian snow-sports enthusiasts.

“Families in NSW are in a most enviable position having access to high-alpine areas with amenities such as those offered by Perisher.

“Married with the industry expertise and proven record for driving tourism that Vail Resorts brings with it, our community will gain tremendously from this acquisition.”

Vail Resorts Chairman and Chief Executive Rob Katz added “closing on the acquisition of our first international mountain resort is a significant milestone for our Company.

“We’re thrilled to officially welcome the guests and employees of Perisher, Australia’s largest and most iconic resort, into the Vail Resorts family and deepen ties with one of our most important international markets.

“We see this as a ground-breaking acquisition that will dramatically enhance the connection between our Company and Australian skiers and riders, creating a true year-round skiing opportunity.

“Australians can now enjoy unlimited skiing and snowboarding in their own backyard as well as free access to our world-class ski resorts in the USA., a value and experience unmatched in the ski industry.”

The Freedom Pass with Epic Benefits provides unlimited, unrestricted access to Perisher for the 2015 ski season, as well as unlimited skiing and snowboarding at Breckenridge, Keystone and Arapahoe Basin in Colorado; Park City and Canyons in Utah; and Heavenly, Northstar and Kirkwood in Tahoe during the 2015-2016 ski season.

The Freedom Pass with Epic Benefits also includes 10 days of skiing and riding at Vail and Beaver Creek during the 2015/16 ski season.

Australians looking for the best deals in the U.S. for the 2015/16 ski season should visit www.snow.com/australia.

4th June 2015 - 11 LIFTS TO OPEN AS PERISHER MAKES EARLY START TO 2015 SNOW SEASON

19th May 2015 - PERISHER BLUE ESCAPES LIABILITY FOR SKIER’S INJURY BUT NEEDS A NEW DISCLAIMER

11th April 2015 - VAIL’S PERISHER PURCHASE TO IMPACT AUSTRALIAN SKI PASS PRICING

3rd April 2015 - PERISHER SKI RESORT SOLD TO US COMPANY VAIL RESORTS 

15th May 2009 - PERISHER VILLAGE PLAN GETS GO-AHEAD


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