Snow is coming, ski conditions are "fantastic" and the outlook is bright for Vail Resorts, its CEO told CNBC Friday.
Ski season is kicking off at many resorts around the country this weekend. Vail, the largest publicly traded operator, will have five of its 11 resorts open, with its namesake having "one of the best openings we've had in a long time" Friday morning, CEO Rob Katz said.
He was equally enthusiastic about the rest of the season, noting Vail's season-pass business is up in the "double-digit territory." He thinks the stock market's performance should also provide an added boost.
"As the Dow continues to climb, we're looking for big spending from our higher income guests across the board. So we see that as a huge opportunity as we head into the season," Katz said in an interview with "Squawk on the Street."