---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-23-000003"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T14:22:40.255393+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts reports skier visits up 12.5% but cuts FY2023 Resort EBITDA guidance to lower half of range

## Summary
- Season-to-date skier visits up 12.5% vs prior-year period; lift ticket revenue up 5.3%.
- Ski school revenue +35.6% YoY, dining +58.0%, retail/rental +34.4%.
- CEO cites improved staffing but says destination visitation below expectations due to extreme weather and airline disruptions over holidays.
- Fiscal 2023 Resort Reported EBITDA now expected in the lower half of the range issued Sept 28, 2022.
- Guidance assumes normal weather, no material COVID impacts, and current FX rates.

## SEC filing metadata
- accession: 0000812011-23-000003
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201123000003/0000812011-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201123000003/mtn-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-23-000003
- JSON: https://secwatch.observer/filing/0000812011-23-000003.json
- Plain text: https://secwatch.observer/filing/0000812011-23-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.