Here Are All 40 Ski Resorts That Vail Resorts Owns/Operates Vail Resorts has unprecedented influence over the ski industry. It has been controversial in the ski industry at times and has received praise amongst the business community for its organizational structures. Once the acquisition of Seven Springs Mountain Resort, Inc, Hidden Valley Resort, and Laurel Mountain Ski Area is completed this winter, Vail will own or operate 40 ski resorts in […] Industry News Dylan Craig | December 16, 2021 13 Comments
Vail Resorts’ Acquisition of Peak Resorts Gets Overwhelming Approval from Shareholders Peak Resorts, Inc. announced Friday that the Company’s shareholders, at a special meeting, approved the merger agreement for the acquisition of the Company by Vail Resorts, Inc. Under the terms of the merger agreement, Peak Resorts’ common shareholders will be entitled to receive $11.00 per share in cash at the closing of the acquisition. Related: Mount Snow, VT Investor Files […] Industry News SnowBrains | September 24, 2019 0 Comments
Mount Snow, VT Investor Files Federal Lawsuit to Prevent Vail Resorts Acquiring Peak Resorts An investor in Vermont resort Mount Snow’s parent company, Peak Resorts, wants to stop a vote on whether to merge with Vail Resorts unless more information is disclosed. Related: Vail Resorts Agrees $264-Million Deal to Acquire Peak Resorts, Owner of 17 US Ski Areas The Brattleboro Reformer reports that the lawsuit accuses Peaks Resorts executives and directors of violating securities […] Industry News SnowBrains | September 4, 2019 0 Comments
Vail Resorts Agrees $264-Million Deal to Acquire Peak Resorts, Owner of 17 US Ski Areas Vail Resorts, Inc today announced it has entered into a definitive merger agreement to acquire 100 percent of the outstanding stock of Peak Resorts, Inc. subject to certain conditions, including regulatory review and Peak Resorts’ shareholder approval, in a deal worth $264-million. Related: Vail Resorts Recognized as One of ‘America’s Best Employers’ for Fourth Successive Year Through the acquisition, Vail […] Industry News SnowBrains | July 22, 2019 0 Comments
Hunter Mountain- Largest East Coast Ski Expansion in Over a Decade Hunter Mountain, owned by Peak Resorts, is well on its way to completing its $9 million Hunter North Expansion project for the start of the 2018-2019 ski season. With construction starting in April 2018, the resort has made quick work in blazing new trails. The project increases the mountain’s terrain by 80 skiable acres, adds 5 new trails, and 4 new […] Industry News Mitch Flores | October 26, 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
Hunter Mountain, NY Begins East Coast’s Biggest Ski Resort Expansion In 15-Years While not as big as the Vermont, New Hampshire and Maine resorts that dominate eastern skiing, Hunter Mountain, NY is about to get bigger. The $9 million Hunter North project is underway and will open for the coming season, and the mountain’s owner, Peak Resorts, claims it is the largest ski area expansion in the East in the past 15 […] Industry News SnowBrains | August 7, 2018 0 Comments
Peak Resorts Buys Hunter Mountain, NY for $35 Million Peak Resorts has just recently announced that they have purchased Hunter Mountain, in the New York Catskills for $35 million Keenan Grady | January 11, 2016 0 Comments
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