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Vail Resorts closes on acquisition of Perisher

Perisher 14

Vail Resorts today announced that it has closed on the acquisition of Perisher Ski Resort.

Perisher is now officially included in Vail Resorts’ season pass program that gives Australian pass holders access to Vail’s North American resorts for the 2015-2016 ski season and its North American members unrestricted access to Perisher.

John Barilaro, MP for Monaro and Minister for Regional Development, Minister for Skills, and Minister for Small Business said, “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 New South Wales 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.”

“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,” said Rob Katz, chairman and chief executive officer of Vail Resorts.

“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 U.S., a value and experience unmatched in the ski industry.”

Perisher is now open for the 2015 ski season, through Monday, October 5, 2015. Dates are subject to change.

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