ALTERRA MOUNTAIN COMPANY TO ACQUIRE ARAPAHOE BASIN IN COLORADO

ALTERRA MOUNTAIN COMPANY TO ACQUIRE ARAPAHOE BASIN IN COLORADO This Legendary Mountain Will Expand Alterra’s Advanced Terrain Offering  DENVER, CO, February 5, 2024 – Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of unique, complementary destinations in the Rockies. A-Basin, as the beloved big-mountain destination […]

Netflix Billionaire Buys North America’s Largest Ski Resort

Netflix Billionaire Buys North America’s Largest Ski Resort Everett Potter, Contributor The latest news in the ski world is the marriage of a 21st-century tech billionaire and a troubled ski mountain. In one fell swoop, Reed Hastings, the co-founder of Netflix, has made a $100 million investment in Powder Mountain, Utah, the country’s largest resort. Hastings, who […]

Small towns reclaim abandoned ski areas as nonprofits

Small towns reclaim abandoned ski areas as nonprofits By BRITTANY PETERSON CUCHARA, Colorado (AP) — It’s been the longest wait, their whole lives, in fact. But Race Lessar and Landen Ozzello are finally right where they want to be, on a snowy slope close to home, molding snow into a ski jump. Their local ski […]

Park City Mountain falls to bottom of SKI Magazine rankings

Park City Mountain falls to bottom of SKI Magazine rankings By Parker Malatesta October 13, 2022 KPCW / Skiers line up on New Year’s Eve at Park City Mountain. Park City Mountain fell from #13 in last year’s rankings to the very bottom this year at #30. SKI Magazine surveyed readers about the best resorts […]

Pacific Group Resorts Wins Auction for Jay Peak with $76 Million Bid

Pacific Group Resorts Wins Auction for Jay Peak with $76 Million Bid Jay will become group’s sixth ski area if court approves bid by Jay Winchester Pacific Group Resorts (PGRI), the owner of five North American ski areas, yesterday beat out two unknown bidders to win the long-awaited auction for Jay Peak Resort in Vermont. […]

Gunstock’s future uncertain after resort’s entire management team resigns

Gunstock’s future uncertain after resort’s entire management team resigns By Eric Wibur July 21, 2022 When the entire management staff of Gunstock Mountain Resort tendered their resignations Wednesday night at the outset of the Gunstock Area Commission meeting in Laconia, N.H., each member did so by offering the customary two weeks notice.  By Thursday morning, however, members of […]

Parts of Utah’s Newest Ski Resort Could Open This Summer

Parts of Utah’s Newest Ski Resort Could Open This Summer By Ian Wood | May 5, 2022 3:07 pm ET “So your activity during the day will be focused on the ski beach…your outdoor dining, watching the skiers come down, and really partaking. And then during the afternoon, it really shifts after après and goes to the village […]

Bode Miller Launches Peak Ski Company with 6 New Ski Designs

Bode Miller Launches Peak Ski Company with 6 New Ski Designs Montana-based Peak Ski Company introduces a new line of direct-to-consumer products featuring newly developed technology Sierra Shafer April 7, 2022 from Ski Bode Miller wants you to try his skis. No, not the burly metal Head or Atomic skis that saw him become the two-time […]

VAIL RESORTS TO ACQUIRE MAJORITY STAKE IN AND OPERATE ANDERMATT-SEDRUN SPORT AG, A LEADING SWISS RESORT

VAIL RESORTS TO ACQUIRE MAJORITY STAKE IN AND OPERATE ANDERMATT-SEDRUN SPORT AG, A LEADING SWISS RESORT 27 March 2022 BROOMFIELD, Colo. – March 27, 2022 – Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to purchase a majority stake in Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG (“ASA”), marking […]

Vail Raises Frontline Pay to $20 an Hour, Accelerates Employee Housing Development

Vail Raises Frontline Pay to $20 an Hour, Accelerates Employee Housing Development Company will also significantly expand HR team and allow employees back in resort communities via a flexible work program Samantha Berman March 17, 2022 f you’ve scanned this website even occasionally over the past few months, you’ve gotten an eyeful about the issues plaguing […]

Tahoe’s Newest Gondola Will Be Finished in 2022, Creating the Third Largest Ski Area in North America

  Tahoe’s Newest Gondola Will Be Finished in 2022, Creating the Third Largest Ski Area in North America March 23, 2022 The highly-anticipated gondola that will connect Palisades Tahoe and Alpine Meadows is set to be completed for the 2022-23 ski season. It will create the third largest ski area in North America, covering 6,000 […]

As Share Prices Tumble, Wall Street Says Vail Needs to Clean Up Operations

As Share Prices Tumble, Wall Street Says Vail Needs to Clean Up Operations Share price went from $372 in November to $276 in February, following national criticism over its management and sales strategies. FEBRUARY 18, 2022 FREDERICK DREIER Wall Street analysts have a clear—if somewhat harsh—message for Vail Resorts amid reports of overcrowding, staff shortages, […]

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