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The world-famous Vail Ski Resort is known for giving visitors an unforgettable experience. The 1962-founded Colorado resort hosts seven fabled back bowls stretching seven miles throughout the resort’s backside (Vail Ski Resort overview, n.d.). Including over 5,289 acres to discover and four unique base areas connected by complimentary buses and heated walkways, the ski area is huge (Vail Ski Resort overview, n.d.). It attracts skiers worldwide and offers great terrain for every skill level. With a shuttle service to the cable car, guests may also take advantage of special ski pass savings and free ski lessons.
The largest mountain resort firm in North America now is Vail Resorts. Recent skiers appreciated Vail’s size, quality slopes, and mountain sports, including snowshoeing, ski biking, and tubing (Vail Ski resort, n.d.). The business has left an incredible impression on the ski sector and seems to be one of the dominating businesses in the market. It acquires many impressive and attractive areas for tourists under their guidance.
Vail Resorts can acquire more ownership of the current resorts. The moat is wide for Vail Resort’s high-barrier-to-entry business model since few new projects are being built, and the fundamentals for mountain resorts are still solid (Thomas, 2019). Customers are often affluent tourists catering to a particular target group where the brand plays a crucial role. The most frequently visited resorts in North America in terms of revenue and brand strength are Vail Resorts. Due to the quality Vail Resorts has built into its brand, and eager people are prepared to part with cash to visit prime places.
Vail Resorts is a renowned provider of mountain resorts and a pioneer in opulent, destination-based tourism. The business is divided into three distinct but closely related divisions: the lodging division, which owns and appears to be able to have a portfolio of upscale hotels and rental units, resorts, and golf courses which are highly demanded in that region (Thomas, 2019). The mountain division controls and operates ten global mountain resorts and three urban ski areas. Therefore, Badrutt’s Palace Hotel could benefit from locating in that area since it has a high demand for luxurious hotels with the possibility of experiencing skiing and other winter activities.
References
Thomas, B. (2019). Vail Resorts: A high-barrier-to-entry strong buy. Forbes. Web.
Vail Ski resort. (n.d.). U.S. News Travel. Web.
Vail Ski Resort overview. (n.d.). On the Snow. Web.
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