Slippery Slope - ' Vail Resorts Base Case ' (
Page 3 of 3 )
Vail Resorts Base Case
Headquarters: 137 Benchmark Rd., Avon, CO 81620
Phone Number: (970) 476-5601
Business: Operator of five luxury ski resorts in the U.S., including Vail and Breckenridge.
Project Leader: Vicki Silvera, director of information technology, back office and hospitality systems
Financials in 2003: Revenue of $710.4 million, net loss of $8.5 million, net margin of -1.2%.
Challenge: Consolidate payroll, accounts payable and other accounting systems as well as human-resources management across five ski resorts in Colorado, Nevada and California.
Baseline Goals:
Drive down operating expenses of $430.3 million a year, by cutting administrative labor.
Reduce back-office expenses as part of a $10-million cost-cutting effort launched in October 2002.
Support additional cost cuts, as part of a campaign to save $25 million in fiscal 2004.
Projects: Enterprise Planning 
