How did Vail Resorts' revenue and expenses trend in Q2 2025?

**Vail Resorts' Revenue and Expenses Trends in Q2 2025**

1. **Revenue Trends**:
- **Segmental Revenue Analysis**: In Q2 2025, Vail Resorts reported the following segment revenues: Resort ($260.21 million), Mountain ($173.3 million), Lodging ($86.92 million), Other ($75.88 million), Lift ($40.42 million), Retail/Rental ($29.53 million), Dining ($20.63 million), Ski School ($6.84 million), and Real Estate ($6,300,000).
- **Total Revenue**: The total revenue for Q2 2025 was not disclosed.
- **Lift Ticket Revenue**: Despite a 3.1% decrease in skier visits, lift ticket revenue increased by 3.4%.
- **Ski School and Dining Revenues**: These segments showed growth, with ski school revenue rising by 2.7% and dining revenue increasing by 2.2%.
- **Retail/Rental Revenue**: This segment experienced a decline of 4.0%.
2. **Expense Trends**: The total expenses for Q2 2025 were not disclosed.

In conclusion, Vail Resorts saw mixed revenue trends in Q2 2025, with positive growth in lift ticket, ski school, and dining revenues offsetting declines in retail/rental revenues and skier visits. The company's focus on season pass sales and cost discipline is evident in the stability of its revenue and EBITDA.