{"id":1304102,"date":"2019-02-21T18:23:10","date_gmt":"2019-02-22T01:23:10","guid":{"rendered":"https:\/\/www.vaildaily.com\/?p=448674"},"modified":"2019-02-21T18:23:10","modified_gmt":"2019-02-22T01:23:10","slug":"vail-resorts-acquires-two-australian-resorts-including-down-unders-powder-capital","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/vail-resorts-acquires-two-australian-resorts-including-down-unders-powder-capital\/","title":{"rendered":"Vail Resorts acquires two Australian resorts, including Down Under\u2019s \u2018Powder Capital\u2019"},"content":{"rendered":"<p>Vail Resorts announced today in a news release that the company has entered into an agreement to purchase the ski fields at Falls Creek Alpine Resort (\u201cFalls Creek\u201d) and Hotham Alpine Resort (\u201cHotham\u201d) in\u00a0<span class=\"xn-location\">Victoria, Australia<\/span>.<\/p>\n<p>Falls Creek,\u00a0<span class=\"xn-location\">Victoria\u2019s\u00a0<\/span>largest ski resort, features a variety of terrain including beginner and intermediate trails that are suited to families and first-timers. Considered the \u201cPowder Capital\u201d of\u00a0<span class=\"xn-location\">Australia<\/span>, Hotham is the only resort in the Southern Hemisphere where the village is located on top of the mountain, ensuring ski-in, ski-out opportunities from anywhere in the village.<\/p>\n<p>The acquisition, which is subject to certain regulatory approvals, is expected to close prior to the commencement of the Australian snow season in\u00a0<span class=\"xn-chron\">June 2019<\/span>.<\/p>\n<p>\u201cWe are thrilled to welcome the guests and employees of both Falls Creek and Hotham into the Vail Resorts family and further strengthen our position in\u00a0<span class=\"xn-location\">Australia<\/span>, which is one of our most important international markets. The acquisition of the leading mountain resorts in\u00a0<span class=\"xn-location\">Victoria<\/span>\u00a0is part of our continued strategy to drive season pass sales and build loyalty with guests from around the world,\u201d said\u00a0<span class=\"xn-person\">Rob Katz<\/span>, chairman and chief executive officer of Vail Resorts, in the release. \u201cAfter our success connecting with skiers in\u00a0<span class=\"xn-location\">Sydney<\/span>\u00a0and across\u00a0<span class=\"xn-location\">New South Wales<\/span>\u00a0since acquiring Perisher in 2015, we have a huge opportunity to create a deeper connection with\u00a0<span class=\"xn-location\">Melbourne\u00a0<\/span>and broader Victorian skiers and riders.\u201d<\/p>\n<p>When the transaction closes, the 2019 Epic Australia Pass and 2018-19 Epic Pass will include unlimited, unrestricted access to Falls Creek and is expected to include unlimited, unrestricted access to Hotham, subject to certain approvals.<\/p>\n<p>\u201cVail Resorts has a great track record in developing world-class resorts,\u201d said\u00a0<span class=\"xn-person\">Nick Mackenzie<\/span>, Managing Director of Merlin Entertainments\u2019 Midway division, in the release. \u201cWe\u2019re confident that guests, employees and the surrounding communities of Hotham and Falls Creek will benefit from Vail Resorts\u2019 expertise, investment and know-how, and we wish the teams every success for the future.\u201d<\/p>\n<p><a href=\"https:\/\/www.vaildaily.com\/news\/vail-resorts-acquires-two-australian-resorts-including-down-unders-powder-capital\/\" target=\"_blank\">via:: Vail Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vail Resorts announced today in a news release that the company has entered into an agreement to purchase the ski fields at Falls Creek Alpine Resort (\u201cFalls Creek\u201d) and Hotham Alpine Resort (\u201cHotham\u201d) in\u00a0Victoria, Australia. Falls Creek,\u00a0Victoria\u2019s\u00a0largest ski resort, features a variety of terrain including beginner and intermediate trails that are suited to families and [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[160],"tags":[],"class_list":{"0":"post-1304102","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-06-14 21:11:52","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSKE Ski Country","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/kske","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1304102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/comments?post=1304102"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/posts\/1304102\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/media?parent=1304102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/categories?post=1304102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/kske\/wp-json\/wp\/v2\/tags?post=1304102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}