Granite Peak Resort
Everything that has happened with this deal, newest first — the updates, calls and financials they've sent, and the money that's come back.
Events
15
on the record
Documents
14
12 read & summarised
Distributions
0
cash returned
Invested
$3.00M
2019-06-01
History
15 shown
2025
12-31
Tax document
Tax document
09-30
Granite Peak misses its Q3 2025 plan by 18%
Significant
Update
5 figures
Revenue of $7.18M was 18% behind the $8.74M budget, up 5% on a year earlier. EBITDA of $1.23M (17% margin) was 22% short of plan. RevPAR was $172 on 62% occupancy. The full-year plan has been reset lower and a cost programme is under way.
06-30
Granite Peak: Q2 2025 revenue 17% behind plan
Significant
Update
5 figures
Revenue of $7.02M was 17% behind the $8.49M budget, up 2% on a year earlier. EBITDA of $1.19M (17% margin) was 22% short of plan. RevPAR was $172 on 63% occupancy. Management has cut the full-year outlook and is holding hiring until volumes recover.
03-31
Granite Peak appoints a new general manager
Update
5 figures
A general manager with a larger mountain resort behind her took over operations ahead of the winter season. Revenue of $7.20M was 13% behind the $8.24M budget, up 5% on a year earlier. EBITDA of $1.28M (18% margin) was 14% short of plan.
01-21
Granite Peak 2025 budget approved: revenue $34.5M
Financials
The board-approved 2025 budget plans revenue of $34.5M, 24% above 2024's actual revenue, and EBITDA of $6.20M, a 18% margin.
2024
12-31
Granite Peak: Q4 2024 revenue 10% behind plan
Significant
Update
5 figures
Revenue of $7.22M was 10% behind the $8.00M budget, up 4% on a year earlier. EBITDA of $1.41M (20% margin) was on plan. RevPAR was $171 on 62% occupancy. Management has cut the full-year outlook and is holding hiring until volumes recover.
09-30
Granite Peak misses its Q3 2024 plan by 12%
Significant
Update
5 figures
Revenue of $6.81M was 12% behind the $7.77M budget, up 2% on a year earlier. EBITDA of $1.23M (18% margin) was 12% short of plan. RevPAR was $172 on 63% occupancy. The full-year plan has been reset lower and a cost programme is under way.
06-30
Granite Peak finishes the lodge renovation
Update
5 figures
The lodge's 96-room renovation was completed ahead of the season, within the capital budget. Revenue of $6.91M was 8% behind the $7.54M budget, up 1% on the prior quarter. EBITDA of $1.29M (19% margin) was 5% short of plan.
03-31
Granite Peak a little behind plan in Q1 2024
Update
5 figures
Revenue of $6.85M was 6% behind the $7.32M budget, down 2% on the prior quarter. EBITDA of $1.12M (16% margin) was 15% short of plan. RevPAR was $167 on 61% occupancy. The shortfall is concentrated in two accounts; management expects to recover it by year-end.
01-22
Granite Peak 2024 budget approved: revenue $30.6M
Financials
The board-approved 2024 budget plans revenue of $30.6M, 12% above 2023's actual revenue, and EBITDA of $5.51M, a 18% margin.
2023
12-31
Granite Peak on plan in Q4 2023
Update
5 figures
Revenue of $6.96M was in line with the $7.11M budget, up 4% on the prior quarter. EBITDA of $1.19M (17% margin) was 7% short of plan. RevPAR was $166 on 62% occupancy. Nothing in the package changes the full-year view.
09-30
Granite Peak: Q3 2023 in line with budget
Update
5 figures
Revenue of $6.70M was in line with the $6.90M budget. EBITDA of $1.29M (19% margin) was on plan. RevPAR was $166 on 61% occupancy. No changes to the team or the capital structure.
01-25
Granite Peak 2023 budget approved: revenue $27.2M
Financials
The board-approved 2023 budget plans revenue of $27.2M, 0% above 2022's actual revenue, and EBITDA of $4.90M, a 18% margin.
2019
06-01
Invested $3.00M
Undated
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Legal document
Legal document
Every entry is a real record — click a filename to open the original in SharePoint. Documents in grey are on file but haven't been read yet, so they show as an event without a summary; run the extractor to fill them in. “Significant” marks an update that changes the investment case, as opposed to routine reporting.