Vail Resorts Acquires Australia’s Largest Ski Resort

Colorado-based Vail Resorts recently announced the purchase of the 3,000-acre Perisher Ski Resort, the Southern Hemisphere’s largest mountain resort. Located in Kosciuszko National Park (New South Wales), the resort includes Perisher Valley, Smiggin Holes, Blue Cow, and Guthega, along with ski school, lodging, food and beverage, retail/rental, and transportation operations. “The acquisition of our first international mountain resort is a significant milestone for our company. We’re thrilled to 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,” says Rob Katz, CEO of Vail Resorts. With nearly 1 million Australians traveling to the U.S to ski on an annual basis, the company will position Perisher as a conduit to the different ski resorts in its portfolio. Read more HERE.