- Vail Resorts Inc MTN has entered a multi-year strategic partnership with Toyota Motor Corp TM across the 33 mountain resorts in its U.S. portfolio. The financial terms of the deal were not disclosed.
- As Vail Resorts' Mobility Partner, Toyota will provide transportation for guests staying in resort lodging and mountain operations teams.
- Toyota will also provide vehicles for Vail Resorts' mountain operations team members when moving around the resort.
- The Toyota fleet will include all-wheel drive vehicles with off-road capabilities, including RAV4 Hybrids, 4Runners, and Highlander Hybrids.
- Price Action: MTN shares are trading higher by 5.86% at $346.9 on the last check Friday.
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