Top 10 Industrial Disributor Companies To Watch For 2016: Intrawest Resorts Holdings Inc (SNOW)
Intrawest Resorts Holdings, Inc. (New Intrawest), incorporated on August 30, 2013, is a North American mountain resort and adventure company. The Company owns interests in seven four-season mountain resorts with more than 11,000 skiable acres and more than 1,150 acres of land available for real estate development. The Company's mountain resorts are geographically diversified across North America's ski regions, including the Eastern United States, the Rocky Mountains, the Pacific Southwest and Canada As of January 21, 2014, its portfolio of resorts received more than six million visitors from all 50 states and more than 100 countries. The Company also operates an adventure travel business, Canadian Mountain Holidays (CMH), the heli-skiing adventure company in North America. CMH provides helicopter accessed skiing, mountaineering and hiking. New Intrawest operates a real estate business through which it manages, markets and sells vacation club properties; manages condom inium hotel properties, and sells and markets residential real estate. The Company operates in three segments: Mountain, Adventure and Real Estate.
The Company's Mountain segment includes its mountain resort and lodging operations at Steamboat Ski & Resort, Winter Park Resort, Mont Tremblant Resort, Stratton Mountain Resort and Snowshoe Mountain Resort. It also holds a 50% interest in Blue Mountain Ski Resort within its Mountain segment. The Adventure segment includes its CMH business. Within its Adventure segment, the Company also owns and operates aviation businesses that support CMH and provide services to third parties. New Intrawest's Real Estate segment includes its real estate development activities, as well as its real estate management, marketing and sales businesses, including Intrawest Resort Club! Group (IRCG), Intrawest Hospitality Management (IHM) and Playground. Its mountain resorts offer activities for individuals of all ages that combine out door adventure and fitness with a variety of resort-based se! rvices and amenities, including retail, equipment rental, dining, lodging, ski school, spa services, golf, mountain biking and other summer activities.
The Company's Steamboat Ski & Resort is located in the Colorado Rocky Mountains, 157 miles northwest of Denver. The Winter Park Resort is located in the Colorado Rocky Mountains, 67 miles west of Denver. The resort is comprised of Winter Park Mountain, Mary Jane Mountain, Vasquez Cirque and Vasquez Ridge. The Mont Tremblant Resort is located in Quebec. The Stratton Mountain Resort is located in Southern Vermont, approximately 220 miles north of New York City and approximately 150 miles northwest of Boston. The Snowshoe Mountain Resort is located in West Virginia and is a ski resorts in the Southeast region of the United States.
In the Blue Mountain Ski Resort the Company owns a 50% equity interest and is located in Ontario, approximately 90 miles northwest of Toronto. Blue Mountain also operates a year round conference center and offers a summer amenities, including an 18-hole golf course, an open-air gondola, a mountain biking facility and a waterfront park. The Company's Mammoth Mountain, of which the Company owns a 15% equity interest, is located south of Yosemite National Park in California and primarily draws customers from Southern California's approximately 22.0 million residents. The Company also owns a 50% equity interest in Mammoth Hospitality Management, LLC, which runs the hospitality and lodging operations at Mammoth. The Company's other business interests at Mammoth include managing the commercial village, as well as the Westin Monache Resort at Mammoth Lakes, California. CMH provides helicopter-accessed skiing, mountaineering and hiking on 3.1 million powder-filled acres of terrain in Brit! ish Colum! bia. The Company has a portfolio of more than 1,150 acres of development parcels surrounding the bases of its Steamboat, Winter Park, Tremblant, Strat ton and Snowshoe resorts, much of which is located adjacent ! or proxim! ate to the ski trails, including ski-in ski-out parcels.
The Company's competes with Breckenridge Ski Resort, Park City Mountain Resort, Copper Mountain Resort, Keystone Resort, Mont-Sainte-Anne, Mont Blanc, Le Massif, Mont Saint-Sauveur, Okemo, Mount Snow, Killington Resort, Seven Springs Mountain Resort, Bryce Resort, Wintergreen Resort, Horseshoe Valley Resort, Mount St. Louis and Holiday Valley Resort.
Advisors' Opinion:- [By John Udovich]
If you are a ski enthusiast hitting the slopes this winter, you might want to check out ski stocks like mid cap Vail Resorts, Inc (NYSE: MTN) and small caps Peak Resorts Inc (NASDAQ: SKIS) and Intrawest Resorts Holdings Inc (NYSE: SNOW) which own or operate ski resorts. However, two of these ski stocks are recent IPOs with small cap Peak Resorts Inc having an IPO about a month ago while Intrawest Resorts Holdings debuted at the end of January. With that in mind, here is what you need to know as an investor before you hit the slopes with these ski stocks:
- [By Monica Gerson]
Intrawest Resorts Holdings (NYSE: SNOW) is expected to post its Q3 earnings at $2.69 per share on revenue of $294.89 million.
Cosan (NYSE: CZZ) is estimated to post its Q1 earnings at $0.16 per share.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-industrial-disributor-companies-to-watch-for-2016.html
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