- Vail Resorts will acquire Falls Creek and Hotham resorts in Victoria, Australia from a subsidiary of Merlin Entertainments for a purchase price of approximately AU$174 million, subject to certain adjustments related to the timing of closing
- With the acquisition of Falls Creek and Hotham in Victoria, Vail Resorts will operate three of the largest ski resorts in Australia including Perisher Ski Resort in New South Wales
- Upon closing, the 2019 Epic Australia Pass and 2018-19 Epic Pass will provide access to the best skiing and riding in Australia with Falls Creek, Hotham (subject to certain approvals) and Perisher; North America including Whistler Blackcomb, Vail, Park City and more; and Japan with Hakuba Valley and Rusutsu.
PR Newswire
BROOMFIELD, Colo., Feb. 21, 2019
