Vail Resorts To Purchase Hotham & Falls Creek For $120 Million

Vail Resorts To Purchase Hotham & Falls Creek For $120 Million

American snowsports monolith Vail Resorts is slated to purchase another two Australian ski resorts in the new year.

According to the Australian Financial Review, the move looks to acquire Victorian ski areas Hotham Alpine Resort and Falls Creek to the tune of $85 million USD ($120 million AUD).

Vail Resorts successfully snapped up Perisher resort in 2015, consequently incorporating it into its ‘Epic Pass’ year-round deal whereby customers have access to Vail’s massive international network of ski resorts for a single price.

The two Australian resorts in the sights of the American company boast some of the best natural snowfall in the country and are quickly becoming popular alternatives to busier destinations like Perisher and Thredbo.

Vail Resort’s ‘Epic Pass’ gives riders access to 65 ski areas across North America, Europe, Australia and Japan, according to their website. Most notably, it offers unlimited and unrestricted access to some of North America’s biggest and best, including Vail itself and Whistler Blackcomb.

Perisher is currently listed as an ‘unlimited and unrestricted’ resort for pass holders, but there’s no word yet as to the extent of which Falls & Hotham will be incorporated into the access pass. One could assume they’ll be offered as all-inclusive similar to Perisher, making all three Aussie resorts accessible on the same pass. More to come in 2019.

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