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HOTHAM AND FALLS CREEK TO DELAY OPENING SKI LIFTS UNTIL 6 JULY; PERISHER OPEN TODAY

 Media Relations:

Johnna Muscente, (303) 404.1835, jmmuscente@vailresorts.com

HOTHAM AND FALLS CREEK TO DELAY OPENING SKI LIFTS UNTIL 6 JULY; PERISHER OPEN TODAY

Extended Epic Australia Pass Sales and Refund Deadline and Reservations Update

BROOMFIELD, Colo. — 24 June 2020 — Vail Resorts announced today that Hotham and Falls Creek will delay the opening of ski lifts for the 2020 snow season until 6 July due to challenging early-season conditions. The delay is to ensure that Hotham and Falls Creek can open enough terrain to provide a safe experience in accordance with the COVID-19 Safe Operating Plan. Vail Resorts is offering full refunds on all lift, lesson and rental purchases that have been made for Hotham and Falls Creek for the period 24 June – 5 July.

In New South Wales, after over 20cm of natural snowfall and freezing temperatures providing ideal conditions for snowmaking, Perisher opened today for the 2020 snow season with three lifts open for skiers and snowboarders to enjoy their opening day turns.

Vail Resorts will keep the Epic Australia Pass on sale until 5 July and will also allow guests until this extended date to request a refund at epicaustraliapass.com.au. 2020 Epic Australia Pass, 2019-20 Epic Pass and 2019-20 Epic Military Pass holders will be advised shortly of the timing and process for pass access reservations for the period 6 to 12 July.

In alignment with physical distancing protocols, Vail Resorts will be carefully managing the number of skiers and snowboarders accessing Perisher, Hotham and Falls Creek, based on the amount of terrain and lifts open. To enjoy the best possible snow experience and to guarantee resort access, guests who do not have a season pass will be required to pre-purchase their lift tickets, lessons and rentals. Same-day lift ticket sales will not be available at Perisher, Falls Creek and Hotham. Tickets are available for purchase on the resort websites.

About Vail Resorts, Inc. (NYSE: MTN)

Vail Resorts, Inc., through its subsidiaries, is the leading global mountain resort operator. Vail Resorts’ subsidiaries operate 37 world-class mountain resorts and urban ski areas, including Vail, Beaver Creek, Breckenridge, Keystone and Crested Butte in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in British Columbia, Canada; Perisher, Falls Creek and Hotham in Australia; Stowe, Mount Snow, Okemo in Vermont; Hunter Mountain in New York; Mount Sunapee, Attitash, Wildcat and Crotched in New Hampshire; Stevens Pass in Washington; Liberty, Roundtop, Whitetail, Jack Frost and Big Boulder in Pennsylvania; Alpine Valley, Boston Mills, Brandywine and Mad River in Ohio; Hidden Valley and Snow Creek in Missouri; Wilmot in Wisconsin; Afton Alps in Minnesota; Mt. Brighton in Michigan; and Paoli Peaks in Indiana. Vail Resorts owns and/or manages a collection of casually elegant hotels under the RockResorts brand, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Development Company is the real estate planning and development subsidiary of Vail Resorts, Inc. Vail Resorts is a publicly held company traded on the New York Stock Exchange (NYSE: MTN). The Vail Resorts company website is www.vailresorts.com and consumer website is www.snow.com.

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