• Vail Resorts and Whistler Blackcomb Complete Combination

     
    POSTED November 8, 2016
     

Vail Resorts, Inc. has completed its combination with Whistler Blackcomb Holdings, Inc. As a result, Vail Resorts receives 100 percent of Whistler Blackcomb’s stock whose shareholders in turn will receive $17.50 and 0.09 shares of Vail’s stock for each Whistler Blackcomb share they hold. This makes Vail Resorts the sole owner of Whistler Blackcomb.

Vail Resorts also has appointed Michele Romanow to the board of directors at Vail Resorts. Romanow was previously on Whistler Blackcomb’s board.

The common shares of Whistler Blackcomb were removed from the Toronto Stock Exchange on Oct. 17.

“Our mission at Vail Resorts is to deliver an experience of a lifetime to our guests and our employees, and this transaction is a significant milestone in making that experience even more special,” says Rob Katz, chairman and chief executive officer of Vail Resorts. “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.”

Results from the Incentive Research Foundation’s (IRF) 2022 Incentive Travel Destination Preferences & Their Impact on Motivation confirmed that interest in incentive travel as a motivating sales reward is at an all-time high. 91% of 405 survey respondents described group incentive travel as extremely or very motivating compared to 80% last year. Individual incentive travel was rated even higher as a motivational award at 96% versus 84% last year. 

 

The key to maximizing success (and limiting risk) is for marketers to better understand how their audiovisual team works. 

It is almost event day. You are excited, but you are also stressed.

You have spent the last few months preparing for your live stream: that big product launch, quarterly Town Hall, or video conference that your boss needs to go well. Your marketing and communications teams have been working hard, and everything appears ready.

 

Everybody loves to talk about welcoming change. Then change happens, and whew, it’s tough. After the past few years, meetings and events professionals certainly appreciate that feeling, but they’re also feeling energized by so many new ways for attendees to gather.