Looking pretty good to me. Punters keep giving money to Vail ResortsAfter being self employed most of my working life I Have become aware of
indications a Company may be in strife, always concerned when I am an unsecured creditor.
1. Covid shuts down US Resorts.
2.Covid issues at Australian resorts.
3.Dismal start to Australian season.
4. quote " We anticipate you will receive a refund before July 30" July 3rd request.
5. Victorian resorts closed.
6. Will US resorts open next season ?
7. Financial Review report from July !0.
Vail are holding considerable funds from Australian clients, these may have been already been siphoned off and the Australian end be could possibly put into receivership to keep the US side afloat.,
Perisher Blue Pty Ltd are
not the most open about ticket availability or prepared to have decent IT systems & change
of conditions at a whim.
I am total aware that the Covid issue is not their fault, but it has hit most Businesses.
Dud seasons would be factored into their Business plan.
I personally don't want this, just would like a chance to ski, but there are lots of indications I don't like.