Vail stock struggles as strike leads to long lines at Park City Mountain

Labor Dispute Impact - Vail Resorts shares dropped more than 5% over the last week and around 6% compared with a month ago due to a labor dispute involving the Park City Professional Ski Patrol Association [4] - The strike has caused long lines, closures, and delays at Park City, leading to customer complaints on social media [1] - The labor dispute could turn into a "professional crisis" for CEO Kirsten Lynch, as the situation has frustrated customers and investors [5] Union Demands and Company Response - The Park City patrol is demanding a raise in base wages to $23 per hour from$21, which has remained unchanged since 2022 [3] - Vail did not offer a counterproposal to the union's demands related to wages or benefits as of Dec 27, the first day of the strike [3] - The union encouraged readers not to buy lift tickets or spend at resorts during the strike to pressure Vail into securing a fair contract [4] Industry Context - The labor dispute has raised awareness of the consolidation of America's ski resorts under Vail and a few other companies [2] - Park City, the largest U S mountain by lift access and a host of the 2002 Winter Olympics, is a key asset for Vail, which also owns Breckenridge and dozens of other resorts [2][4]