Monday, 09 Dec 2024

Vail Resorts Unveils $100 Million Efficiency Plan Amid Global Expansion and Growth

After a decade of rapid growth, Vail Resorts, the world’s largest mountain resort operator, has revealed a two-year plan aimed at positioning the company for future expansion and global success.


Vail Resorts Unveils $100 Million Efficiency Plan Amid Global Expansion and Growth

Over the past 10 years, Vail Resorts has significantly grown its portfolio from 10 to 42 owned and operated mountain resorts across four countries, more than doubling its workforce in the process. This expansion allowed the company to leverage synergies in corporate functions and technology while investing over $2 billion in guest and employee experiences and industry-leading innovations. Now, with 42 mountain resorts, a unified enterprise technology system, and advanced data analytics, Vail Resorts is uniquely positioned to drive resource efficiency on a large scale.

The new two-year Resource Efficiency Transformation Plan aims to enhance operational effectiveness and maximize scale advantages as the company continues to grow. Through streamlined operations, global shared services, and optimized workforce management, Vail Resorts anticipates achieving $100 million in annualized cost savings by the end of its 2026 fiscal year.

Part of these cost savings will come from workforce reductions, affecting less than 2% of the total workforce, including 14% of corporate employees and less than 1% of operations staff. The changes in operations will focus on management and back-end support structures, with only 0.2% of frontline roles being impacted. Affected employees will be encouraged to apply for open positions across the company.

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