Industry News
DENVER, CO, November 19, 2024 – Today, Alterra Mountain Company has announced closing the purchase of Arapahoe Basin in Colorado, expanding Alterra’s portfolio of unique, complementary destinations in the Rockies.
“We are honored to become the stewards of Arapahoe Basin, and we are excited to welcome the team to the Alterra Mountain Company family. A-Basin is considered legendary for a reason and has always been more than just a ski area to many – it is home to passionate, dedicated skiers and riders who share a spirit of adventure and a love for Colorado’s mountains. The team at Alterra is excited to work with the leaders at A-Basin to ensure its spirit and culture thrive.”
– Jared Smith, President & CEO, Alterra Mountain Company
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Alan Henceroth, A-Basin’s Chief Operating Officer, has been with the mountain for 36 years and has driven its unique culture. He will continue to lead the resort and oversee daily operations with his longtime team.
“Our community at Arapahoe Basin is special, and it’s something we deeply cherish and protect. The thrill of skiing the Pali, the tradition of hiking the East Wall, the magic of skinning to Moonlight Dinners, and the joy of sharing a chairlift ride with friends – all of these experiences define who we are and will always remain at the heart of A-Basin. In 2019, we partnered with Alterra Mountain Company on Ikon Pass, knowing they respect and embrace everything that makes A-Basin unique. As we move forward, I am confident that the spirit of The Basin will not only remain but grow stronger than ever as we continue to work with leaders on the mountain on a 10-year master development plan to address parking, enhanced snowmaking, and improvements to the experience for skiers and riders of all skill levels.”
– Alan Henceroth, President & COO, Arapahoe Basin
Over the last 27 years, A-Basin has expanded the ski area to 1,428 acres, replaced all of the lifts and most of the buildings, and opened the two highest-altitude restaurants in North America, Il Rifugio and Steilhang Hut. In 2018, A-Basin pledged to be carbon neutral by 2025, and recently, the resort made a huge step toward that goal by officially using 100% renewable electricity.
No changes will be made to Arapahoe Basin local season passes or Ikon Pass winter access for the 2024-25 ski season.
