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Sat, 03/13/2021 - 3:19am tim Vermont Business Magazine Vail Resorts, Inc (NYSE: MTN), the owner of Mount Snow, Okemo and Stowe Mountain resorts in Vermont, has reported results for the second quarter of fiscal 2021 ended January 31, 2021 and provided the Company s ski season-to-date metrics through March 7, 2021, both of which were negatively impacted by COVID-19 and related limitations and restrictions. Revenues across the board were down, especially in the retail/rental segment, but overall skier visits and lift revenue overall down less than 9 percent. Separate resort information was not available. Vail still has $1.4 billion of cash on hand. Total net revenue decreased $240.0 million, or 26.0%, to $684.6 million for the three months ended January 31, 2021, as compared to the same period in the prior year. Investment in Okemo will include upgrading the Quantum lift from a four-person to a six-person high speed chairlift and relocating the existing four-person Quant

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