Vail confirms Falls Creek, Mt Hotham

Vail confirms Falls Creek, Mt Hotham

VAIL Resorts today confirmed the expansion of its Australian ski resort portfolio, with the $174 million acquisition of Falls Creek and Mt Hotham in Vic from Merlin Entertainments.

The deal was foreshadowed late last year (TD 21 Dec 2018) and is expected to be settled before the start of the 2019 ski season.

Vail said it planned to retain the “vast majority” of staff, and that the 2019 Epic Australia Pass and 2018-19 Epic Pass were expected to provide unlimited, unrestricted access to Falls Creek and Hotham alongside NSW’s Perisher Ski Resort and Vail resorts in the US, Canada and more.

Source: traveldaily