Dossier
Epic Pass
Coverage of Epic Pass in the Nexus archive.
- Following a dismal winter, Vail Resorts reports a decline in early Epic pass sales for next season
Vail Resorts, the continent's largest resort operator, experienced a 10% decline in early Epic pass sales this spring, marking the first drop in 14 years of double-digit growth. The decline follows a dismal winter season.
- Utah’s richest man wants Vail Resorts to sell him the nation’s largest ski area
Matthew Prince, a billionaire and founder of Cloudflare, is urging Vail Resorts to sell Park City Mountain Resort, the largest ski area in the U.S., arguing the company’s stock is undervalued and its management is poor at capital allocation. He advocates for an asset-light franchise model to divest resorts while retaining pass partnerships.