Michigan-based Boyne Resorts has completed its purchase of six ski resorts it was operating under long-term lease agreements from Maine to British Columbia. CEO Stephen Kircher called the closing with Oz Real Estate this week “exceptionally gratifying” because he’d long wanted to own the properties outright. Terms of the deal weren’t disclosed.
Boyne now owns:
- Brighton Resort in Big Cottonwood Canyon near Salt Lake City, Utah
- Cypress Mountain in Vancouver, B.C.
- Gatlinburg Sky Lift in Gatlinburg, Tennessee
- Loon Mountain in New Hampshire
- Sugarloaf and Sunday River resorts in Maine
- The Summit at Snoqualmie near Seattle, Washington
Boyne also has three ski resorts in Michigan and the Big Sky Resort in Montana. In a statement, the company described its portfolio as the most geographically diverse among North American ski companies.
Boyne Resorts and its eleven resorts and attractions are ideally positioned for continued and notable growth within the ski, outdoor recreation and resort industries. Founded in 1947, Boyne Resorts has maintained a heritage of innovation, highlighted by its recent unveiling of plans to install an eight-seat, high-speed chairlift at its Big Sky Resort in Montana—the first in North America. Development of patented and proprietary snowmaking systems, installation of the world’s first triple and quad, America’s first high-speed six-place chairlifts, and being the first to transform ski resorts into four-season operations are just a few examples of a lengthy list of additional innovative launches exemplifying the pioneering spirit that has been celebrated throughout the company’s history.