Benzinga | Sep 24, 2021 01:35PM EDT

Vail Resorts Signs Mobility Partnership With Toyota

* Vail Resorts Inc (NYSE:MTN) has entered a multi-year strategic partnership with Toyota Motor Corp (NYSE: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.