March 2017

There are 1 blog entries for March 2017.

We read this article in Barrons today and thought our Park City & Deer Valley readers would appreciate the commentary....

Vail Resorts Inc. (MTN: NYSE)
By MKM Partners ($189.00, March 20, 2017)

We attended Vail Resorts' annual investor day last week and reiterate our Buy rating. The meeting reinforced in our view: (1) the strength and durability of the business model, (2) the continued opportunity for M&A, (3) the importance of and remaining incremental opportunity for targeted and personalized marketing to help drive season pass sales, and (4) the operating leverage in the earnings model with room for further margin expansion and therefore upside potential to already strong free cash flow.

Durability of the business model. (1) High barriers to

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