Canadian Hospitality Company in Talks to Acquire Alyeska Resort, Alaska It is being reported that Alyeska Resort, Alaska is under contract to sell the Hotel Alyeska and popular Girdwood ski area to Canadian hospitality company Pomeroy Lodging for an undisclosed price. That means the hotel, resort, and land, according to Alyeska spokesman Eric Fullerton. Alyeska Resort and the 300-room Hotel Alyeska are about 40 miles southeast of Anchorage. Alyeska mountain is part of the Chugach […] Industry News SnowBrains | October 12, 2018 0 Comments
Midwest and Northeast Operator ‘Peak Resorts’ to Acquire Three PA Resorts in $76-Million Deal Peak Resorts, the Missouri based owner of 14 midwest and northeast ski resorts today announced that it will be purchasing Snow Time, owner of 3 Pennsylvanian resorts, for $76-million. The three resorts, Liberty Mountain, Roundtop Mountain, and Whitetail resort are all within driving distance of the Baltimore-Washington D.C. area, and will immediately join the ‘Peak Pass‘ for the upcoming 2018/19 […] Industry News SnowBrains | September 24, 2018 0 Comments
Vail Resorts’ Proposed Takeover of Mt. Sunapee On Hold as it Requires State Approval Vail announced on June 4 that it would be acquiring the operating rights to three ski areas owned by the Mueller family: Sunapee, Okemo in Vermont and Crested Butte in Colorado, but according to the Attorney General, the proposed takeover of Mount Sunapee will require New Hampshire state approval before the deal can proceed, slowing Vail’s procurement. The deal would […] Industry News Steven Agar | June 20, 2018 1 Comment
Former Owner of Crested Butte, CO Pens Open Letter Explaining Decision to Sell to Vail Resorts Vail Resorts announced yesterday that they are snapping up two of the last family-owned resorts in Vermont and Colorado, from Triple Peak, LLC. Triple Peak, LLC owners, the Mueller family, yesterday released their own statement explaining why they sold to Vail after operating the resorts for 36-years and attempted to quell concerns and reservations over selling out to a big […] Industry News SnowBrains | June 5, 2018 1 Comment
Boyne Resorts to Acquire Ownership of Six Mountain Resorts Across North America In a press release yesterday, Boyne Resorts announced an agreement with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate, to acquire six mountain resorts and a scenic chairlift attraction currently leased by the resort company. As operator of the assets and owner of additional resorts, Boyne Resorts has a 70-year history of ski industry innovations and is the […] Industry News Steven Agar | March 13, 2018 1 Comment
Aspen Heads $1.5 Billion Venture and Combines Squaw Valley Holdings, Intrawest and Mammoth Resorts The new joint venture of KSL Capital Partners and Henry Crown and Company, the Crown family own Aspen Skiing CO. (SkiCo), announced yesterday that the $1.5bn purchase of Intrawest Resort Holdings and of Mammoth Resorts is now complete, reports sierrasun.com. The sale consolidates Squaw Valley Ski Holdings, KSL, Intrawest and Mammoth Resorts as one company with 12 mountains and 6m annual skier […] Industry News Steven Agar | August 1, 2017 15 Comments
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