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Historically a cost of capital business, Vail Resorts, Inc. (MTN) has managed to improve their profitability to all-time highs through accretive acquisitions and a move towards a multi-park season pass strategy since 2015. As a resort and ski area operator, MTN has benefited from their increasingly diverse set of assets.
They are based primarily in Colorado and throughout the mountains of the western U.S., but the company’s recent acquisitions have extended their geographic reach to