Business was good, trust us 

Page 2 of 4

"Whistler-Blackcomb continues to perform extremely well," Jarvis told analysts. "It has clearly established itself and it is really a very unique asset – a very unique franchise in the leisure world."

Jarvis said the new Westin hotel helped boost overall numbers in Whistler. "And we have seen some very good occupancy through the holiday period." He said even more encouraging than the increase in visitor numbers, was that each visitor generated more cash toward the company’s bottom line this period over the same time last year.

Jarvis said across the resorts the strongest performance in terms of revenue-per-visit came from ski school, rental and retail operations. "The other area which is very strong is property management," he said. "Because we brought on more units we now have more units under management so that division is also seeing very good growth."

Whistler-Blackcomb’s new director of sales and marketing, Stuart Rempel, said ski school performance in Whistler was definitely strong.

"We had excellent results in our ski school and we had record days in our kids programs. We have increased our Creekside product and with the new Creekside development we can take up to 300 more kids in that program," noted Rempel.

"We have streamlined our whole offering at ski school and it really is one of the finest programs in the world now and our results were fantastic over Christmas time."

How fantastic?

Rempel said Intrawest is not reporting specifics and this is something that sits fine with him. He said it is common practice not to release the results of individual business units within a public company.

"We had a good season and it was the result of having excellent snow conditions. We were busier than last year," said Rempel.

Although Whistler-Blackcomb’s performance was good, in terms of percentage increases over the same period last year, it was not Intrawest’s top holiday performer.

Jarvis was asked by an analyst from CIBC World Markets to rank the resorts in order of performance this holiday.

"In terms of percentages, Mountain Creek was the one that had the most dramatic reversal because of where it was last year," responded Jarvis.

"Copper was very strong in terms of year-over-year change and Tremblant and Mammoth had very strong year-over-year change," he said.

"And then, strong, but not as dramatic, would be Whistler-Blackcomb, Stratton and Snowshoe in that second category."

The poor performer this season, due to an unseasonable lack of snow in B.C.’s high mountain regions, was Intrawest's newer division, Canadian Mountain Holidays, touted as being the largest heli-ski operation in the world.

Readers also liked…

Latest in Whistler

© 1994-2019 Pique Publishing Inc., Glacier Community Media

- Website powered by Foundation