Park City Ski Patrol Strike Disrupts Operations and Hits Vail Resorts Stock
The strike, driven by wage disputes, has led to reduced trail access, long lines, and a sharp drop in Vail Resorts' market value.
- Park City ski patrollers began striking on December 27, demanding a base wage increase from $21 to $23 per hour, citing high living costs in the area.
- Vail Resorts, which owns Park City Mountain, claims patrol wages have risen 50% over four years, with current average hourly pay at $25, but negotiations remain stalled.
- The strike has severely impacted operations at Park City Mountain, with fewer than one-third of trails and lifts open during the holiday season, frustrating visitors.
- Vail Resorts' stock has fallen over 6% since the strike began, erasing nearly $400 million in market value and raising concerns among investors and customers.
- Both parties are resuming mediation this week, but the strike has drawn attention to broader issues of corporate consolidation and rising costs at U.S. ski resorts.