Sports News and Press Releases about Outdoor Industry Business
Want to stay up to date on the latest press releases and business news in the outdoor sports and camping industries? Scroll below to view all outdoor industry business news.
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April 5, 2022
New Forest Service E-Bike Ruling: Potential Access to Non-Motorized Trails
The directive provides more explicit e-bike guidance but also floats the possibility of granting e-bike access to traditionally motor-free trails on a case-by-case basis. Regional authorities, environmental analysis, and public input will all be necessary to determine whether expanded eMTB access is desirable at the local level. Gear Junkie
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April 2, 2022
Family-owned campgrounds snapped up by private investors, boosting sale prices and site rates
Family-owned campgrounds that were purchased for well less than $1 million just a few years ago are now being snapped up by investors for several million dollars. Parents who had planned to transfer park ownership to their children now find themselves with an asset that is either too valuable to...
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March 28, 2022
Vail Resorts Acquires Majority Stake in Swiss Resort
Vail Resorts, Inc. (“Vail Resorts”) is acquiring a 55-percent ownership stake in Andermatt-Sedrun Sport AG, which controls and operates all of the resort’s mountain and ski-related assets, including lifts, most of the restaurants and a ski school operation. ASA will retain a 40-percent ownership stake in Andermatt-Sedrun Sport AG, with...
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March 21, 2022
New Yosemite Reservation Requirements for 2022: All You Need to Know
Unusually high construction initiatives will force new reservation requirements for summer 2022, according to Yosemite officials. As concern over Yosemite Valley’s increasing traffic problem mounts and construction projects pile up, park officials responded with a new permit system. Gear Junkie
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March 21, 2022
Hunting Numbers Are Down—So What Does That Mean for Conservation Funding?
Gun and ammunition sales in the U.S. have skyrocketed in recent years. And although it may come as a surprise, this trend has supported conservation activities. Adventure Journal
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March 17, 2022
Dexter Acquires HiSpec Wheel & Tire, Inc.
NOVI, Mich. - DexKo Global Inc. announced that its wholly-owned subsidiary, Dexter Axle Company (“Dexter”) acquired HiSpec Wheel & Tire, Inc. (“HiSpec”), located in Mishawaka, IN. Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires, and related accessories to the RV, trailer and transportation industries. The company has earned a reputation for offering the...
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March 15, 2022
Vail Resorts increases minimum wage
Back in January, the VR leadership acknowledged the issues and vowed to improve conditions across the board, taking immediate action where possible, such as replacing the General Manager at Stevens Pass and implementing a new bonus structure aimed at retaining workers. Yesterday, Vail announced plans to make serious inroads into the staff...
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March 14, 2022
Vail Resorts Sees Improving Trend In Skier Visits
Vail Resorts, Inc. said season-to-date through March 6, 2022, total skier visits were up 11.7% compared to the prior year’s season-to-date period and up 2.8% compared to the fiscal year 2020 season-to-date period. Net income attributable to Vail Resorts, Inc. was $223.4 million for the second fiscal quarter of 2022...
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March 14, 2022
American Outdoor Brands to Acquire Grilla Grills
American Outdoor Brands, an industry leading provider of products and accessories for rugged outdoor enthusiasts, forged an agreement to purchase Grilla Grills, a privately owned provider of barbecue grills, Wi-Fi-enabled wood pellet grills, smokers, accessories and modular outdoor kitchens. The transaction amounted to $27 million in cash, or approximately $24...
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March 14, 2022
A Whole Lotta Public Land Is ‘Landlocked’ and Inaccessible
Landlocked public lands are pieces of land owned by all of us that are surrounded by private land. Many times, either the government or land conservancies will try to buy the private land to allow access to the public lands within. But that often can’t happen. There are nearly 16...