day passes can be purchased well in advance for reduced rates. Epic offers 1 day under $140 and 7 days at under $100 per day. This is on par with Euro resort options like Verbier. I know because I fund 5 passes annually
These new Epic Rates are not under $100 per day. Try $120 for a weekend plus tax. Vail lowered rates after a devastating year, and you are buying a year in advance. Opportunity costs are an almost 12-14% vs an S&P Spider.
And what a sh-t sandwhich skiing anyplace in Colorado, Utah, California, Washington - even Whistler - is right now if you planned Spring Break a year earlier.
Meanwhile, Verbier walk-up for 7-days (with no commitment downsides, 100 inch base at Gentianes station and 20-30 inches new) is $560 USD (inflated exchange rate (1 USD was .90 CHF 1 year ago, now .78) due Trump's tariffs and war).
So no obligation Verbier $80 USD today and high-risk Epic resort is $120 for a year later.
Not apples to apples.
Vail's opportunity to create a Euro-centric Pass fell apart over the last few years due to its inability to buy another core Swiss Resort (Verbier, Laax, etc), and will never be able to construct one. This is a huge failure for the company that goes unacknowledged to unnoticed. Lots of money spent on ski resorts without an outcome like USA, Canada and Australia.
See Alps Pass (excellent! want a month of remote work in Lucerne!) or Magic Pass.
Rob Katz should have never returned (assume after his wife's early death, work might be a purpose/distraction and release). However, the consolidation fueled growth, creation of a duopoly partner in Alterra and driving skiers (80% of skier days) to pass products due to inflated/colluded day pass prices 'era' is gone and not to be recreated. Assume the stock will stagnate for a long time and underpreform the market.
Alterra fired its TicketMaster CEO. I cannot imagine what Deer Valley's results look like.