Vail Resorts appears to have its sights on further expansion in Europe.
In an interview with Squawk Box on CNBC, Vail Resorts CEO Kirsten Lynch discussed how the season is going so far, and their next planned geographical region for expansion.
While getting through a round of bizarre and meandering questions from Joe Kernen, she mentions that ski season is off to a solid start. Regarding where they want to grow next, Kirsten mentioned a desire to continue acquiring ski resorts in Europe. The reason why Vail Resorts wants to continue to expand in Europe is because the continent has three times the number of ski visits compared to North America. With Crans Montana and Andermatt-Sedrun-Disentis now part of Vail’s portfolio, Vail will likely continue to acquire mountains to make the Epic Pass a tempting purchase for European snowsports enthusiasts.
For more information, check out the interview below.
Image/Video Credits: CNBC
