Who bought Whistler from Intrawest?
Who bought Whistler from Intrawest?
Vail Resorts
Vail Resorts, the largest resort operator in North America, bought Whistler Blackcomb in a $1.06-billion deal last year.
What mountains does Intrawest own?
owns and runs Aspen Snowmass, which has four mountains — Snowmass, Aspen Mountain, Aspen Highlands and Buttermilk. The acquisition of Intrawest is the latest move in the competition between Aspen and its big rival, Vail Resorts.
Who founded Intrawest?
Joe Houssian
Joe Houssian, who founded Whistler-Blackcomb’s parent company Intrawest 30 years ago, announced today he was stepping down as chief executive officer. The move comes exactly one week after the purchase of Intrawest by Fortress Investment Group LLC. was completed.
Does Intrawest own Blue Mountain?
Intrawest owns several mountains, including Blue Mountain Resort, Tremblant, Winter Park Resort, and Snowshoe Mountain.
Is Whistler the biggest ski resort in the world?
The biggest ski area in North America and Canada by area, Whistler-Blackcomb north of Vancouver in British Columbia has grown to be one of the world’s most visited resorts.
Why is it called Blue Mountain?
The resort is located within a 287 sq. km. township called “The Blue Mountains”, Ontario, which was formed in 2001. But it turns out that is a reference to the “Blue Mountain Formation”, which runs from nearby Nottawasaga Bay south-east through Ontario, to the town of Whitby on the shores of Lake Ontario.
Who owns Ikon mountains?
Alterra Mountain Company
Alterra Mountain Company is a community of 15 iconic year-round destinations, including the world’s largest heli-ski operation, offering the Ikon Pass, the new standard in season passes. The company owns and operates a range of recreation, hospitality, real-estate development, food and beverage, and retail businesses.
When did Intrawest go public?
Intrawest went public in 1990, raising $26 million for 27 percent of the company’s equity. In 1991 the company paid an estimated $22 million to acquire Mont Tremblant Resort, Inc., which managed a four-season resort and Canada’s oldest operating ski area in the Laurentian Mountains north of Montreal, Quebec.
What does Intrawest own?
Intrawest also operates Club Intrawest, a private resort club with nine locations in North America. The company is the largest developer and operator of resort properties in North America offering skiing, snowboarding, golf, mountain biking, lodging, and real estate opportunities at each of its resorts.
What happened to Intrawest ski resorts?
In May 2017, it was announced that Intrawest would no longer exist as public company after its acquisition by Henry Crown and Company and KSL Capital Partners. Intrawest resorts are now operated by Alterra Mountain Company, which announced its new name at the 2018 Outdoor Retailer show in Denver, Colorado.
What happened to Whistler Mountain Ski Corporation?
The company later went public, listed on the Toronto and New York Stock Exchanges and, in 1996, merged with Whistler Mountain Ski Corporation to form Whistler-Blackcomb resort, a venue of the 2010 Winter Olympics and Paralympic Games. Intrawest eventually spun off Whistler-Blackcomb and sold the last of its shares in that company in 2012.
How many Intrawest resorts are there?
Today, the Intrawest network includes mountain resorts. Intrawest also operates Club Intrawest, a private resort club with nine locations in North America.
