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Wednesday, April 01, 2009

Vail Resorts CEO Rob Katz at 2009 Mountain Travel Symposium

pretty good talk he gave today. some excerpts from the article:

KEYSTONE — After enjoying several "fat years" between 2003 and 2007, it's time for the ski industry to give something back to consumers, Vail Resorts chief executive officer Rob Katz said Wednesday during a panel discussion at the Mountain Travel Symposium.

"Somebody asked me to please say something optimistic today," Katz said at the start of his presentation. "The only thing I can say that's optimistic is that this season is almost over," he said, only partly in jest.

"We've seen such huge declines, especially during some of the key weeks," Katz said, explaining some of the hits that have resulted in the company's stock price dropping along with the rest of the market this year.

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