Business briefs, Oct. 22-25
Chamber/Bureau to hold industry forum
The Park City Chamber/Bureau is set to hold its annual Tourism Industry Fall Forum. According to the organization’s website, visitparkcity.com, the event is scheduled for Nov. 9 and will feature keynote speaker Nicholas Webb, a renowned business adviser who will speak about how the hospitality industry can use the disruptive innovation. Executives from Deer Valley Resort and Park City Mountain Resort will also speak. The forum will be held at Stein Eriksen Lodge from 11 a.m. to 1:30 p.m. Attendees are asked to RSVP at the Chamber/Bureau website.
Resort occupancy up in the West in September
Occupancy for western resort towns continues to soar. According to DestiMetrics, a firm that tracks the performance of 19 resort destinations, including Park City, September occupancy was up 10.4 percent over last year, while revenues saw a 19.4-percent spike. “Now that summer lodging activity is approaching the finish line with just a few weeks to go, a fifth consecutive summer record is assured,” said Ralf Garrison, director of DestiMetrics, in the release. “We’ll tally the final numbers at the end of October, and now turn our attention to winter. With about 42 percent of winter nights and 45 percent of revenue already in, a positive early picture is starting to emerge.”
Vail Resorts finalizes Whistler Blackcomb deal
Vail Resorts has completed its acquisition of Whistler Blackcomb, the company announced this week. According to a press release, Vail Resorts now wholly owns the popular Canadian ski resort, which is often listed in rankings as among the best in North America. “Whistler Blackcomb is one of the most iconic mountain resorts in the world and we are tremendously excited to welcome the resort and the talented team who work there to the Vail Resorts family,” said Rob Katz, CEO of Vail Resorts, in the release.
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A study pegged the number of Sundance Film Festival attendees at 122,313, with the event generating an economic impact of $182.5 million. Both numbers represent a slight decrease from the 2018 festival.