Mammothhas always wanted to be Aspen. And now, it appears their wish has finally come true. Two days after picking up Intrawest for a reported $1.5 billion, the Denver, Colorado based Aspen Skiing Co./KSL partnership has picked up Mammoth, June, Snow Summit, and Bear Mountain for an undisclosed sum according to a Jason Blevins story in the Denver Post.
Rusty Gregory, the longtime manager and chief executive of Mammoth Resorts, in a statement called the move “the next logical chapter in the story of Mammoth. . . This new platform, built around a collective passion for the mountains and our commitment to the people who visit, work and live there, is exactly what the ski resort business needs.
We’re not sure that having every single resort in the USA owned by two companies is exactly what the ski resort business needs, but we’re pretty certain it won’t change much for the average shred. That Aspen leaf in the logo always did look like two tusks and a trunk to us anyway.
Resort consolidation ratchets up a notch as Aspen Skiing Co. and private equity firm KSL Capital Partners have paid a reported $1.5 billion for Intrawest. In the deal Aspen/KSL picks up Steamboat, Winter Park, Tremblant, Stratton, Snowshoe, Blue Mountain and (through partnership with KSL) Squaw Valley and Alpine Meadows, according to a story in the Denver Post.
Intrawest once ruled the resort real estate game, but has fallen on hard times recently. Guess, this is as good a deal as they could have hoped for and as far as we can tell it rarely matter who owns the resorts we ride. Mountains are mountains.
It’s getting harder and harder to spend a dollar at a snowboard resort without that dollar going to Vail Resorts, Incorporated. And today, it just became even more difficult as Vail took its first bite out East with the purchase of Stowe Mountain Resort from the Mr. Mansfield Company, Inc. for $50 million.
“We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. With the investments in both mountain infrastructure and base area facilities that AIG has made over the years, Stowe Mountain Resort has become the premier, high-end resort for East Coast skiers and snowboarders. We look forward to working with AIG to continue enhancing the guest experience and to ensure the resort’s long-term success,” said Rob Katz, chairman and chief executive officer of Vail Resorts.
In the deal Vail Resorts is acquiring “all of the assets related to the mountain operations of the resort, including base area skier services (food and beverage, retail and rental, lift ticket offices and ski and snowboard school facilities) at Mount Mansfield and Spruce Peak.” Mt. Mansfield Company is keeping the Stowe Mountain Lodge, Stowe Mountain Club, Stowe Country Club, and a couple other pieces of land they’re hoping to develop in the future.
Vail’s quiver of resorts now includes, Stowe, Vail, Beaver Creek, Breckenridge, Keystone, Park City, Heavenly, Northstar, Kirkwood, Whistler Blackcomb, Perisher in Australia; and little resorts like Wilmot Mountain in Wisconsin, Afton Alps in Minnesota, and Mt. Brighton in Michigan. Boom. For the official word from Vail, please follow the jump.
Squaw Valley opened the their upper mountain on Tuesday, November 29, 2016, however, they did not turn on the drinking water to High Camp nor the Gold Coast Funitel area because, gasp, when the water in their newly rebuilt well system was tested it was discovered to contain e.coli and coliform bacteria, according to a story in the Sierra Sun.
“Placer County Environmental Health has been working with the Squaw Valley Resort regarding a bacterial contamination issue with their water wells affecting the Upper Mountain area,” Wesley Nicks, director of Placer County Environmental Health, said in an email to the Sun on Tuesday. “We have agreed on a plan to let Squaw Valley open the upper mountain in a way that will protect public health and allow skiers to access and enjoy the facilities.”
Squaw officials say they’ve been working on the water systems since November 8, 2016 and that the e.coli has already been corrected and that they are close to running clean drinkable water soon. In the meantime, snowboarders will need to stay hydrated from bottled water. Ouch.
You heard Johnny. Mountain High is now open and covered in white stuff so we guess it’s time for SoCal to dig out the snowboards, trade in the palms for pines and start pretending it’s winter all over again. . . or something like that.
Photographer and filmmaker Liam Gallagher has created a short film on the world famous Legendary Mt. Baker Banked Slalom in celebration of the event’s 30th Anniversary. As a kick off for the start of the 2016 LBS (which begins today, February 18, 2016) here is a small taste of Fast Forward: 30 Years of The Legendary Banked Slalom.
Looks like Shaun White has actually “joined the Mammoth Resorts’ ownership team” by plunking down a pretty large pile of cash (reportedly seven figures), even though making money by running ski lifts technically ended somewhere in the 90s. That said, he certainly seems stoked on his latest brand affiliation.
“It’s amazing that I’m now an owner of the mountain where I grew up riding,” said White. “As an owner I’ll be able to make changes and shape the future of the mountain and how people enjoy it–whether they’re beginners or professionals.”
Mr. White’s influence on Mammoth’s Big Bear Resorts will certainly help (White House Slopeside Condominiums, Summer Action Sports Complex, and dryslope maybe), and hey, if it sells a few more Air & Style tickets in the process, even better.
Can’t say we haven’t occasionally needed a quick escape from a nutball on a chairlift, but we’ve never gone as far as a skier at Aspen Highlands did on Sunday, January 17, 2106.
A “white man” skier in his late 30s reportedly pushed 28-year-old Seth Beckton, of Aspen, right off the Loge Peak chairlift, according to a story in the Aspen Times.
Beckton said he fell face-first 20 to 25 feet to the ground, but fortunately landed in a “large pocket of snow” and was not injured. . . “I honestly thought I was dead,” Beckton said. “Because I didn’t know where we were (within the lift path). It’s not cool to think anyone would do that.”
It all started with a discussion of riding powder. After a comment Beckton made, the skier said, “Are you making fun of me?” When Beckton said, “Not really — but maybe,” the guy then said, “Do you think this if funny?” and threw Beckton from the chair. . . which is kind of funny now that he mentions it.
Beckon hasn’t yet filed a report and no one really knows who this “white man” skier really is.
If riding Europe is something you dream of then Stefan Spiegel and Lana Bragina have the perfect map for you. It’s a huge wall hanger than features every resort in the Alps on one, big, data filled surface. And right now you can get it for $70. Click the link.