Vail Resorts announced yesterday that it has purchased Northstar-At-Tahoe from Booth Creek Resort Properties LLC, according to a story in the San Francisco Chronicle.
The Broomfield, Colo.-based ski company acquired the stock of the companies that operate Northstar-at-Tahoe from Booth Creek Resort Properties LLC and other sellers. . . Vail Resorts will lease the land on which the resort operates from CNL Lifestyle Properties Inc. . . Booth Creek CEO George Gillett, Chief Operating Officer Chris Ryman and Chief Financial Officer Betsy Cole will no longer have management positions at Northstar, and Vail Resorts is seeking a new general manager for the resort.
This means snowboarders who have the Vail Epic Pass will also get to ride Heavenly, Northstar-at-Tahoe and Sierra-at-Tahoe in addition to the companies Colorado resorts. . . not a bad deal, actually.
[Link: San Francisco Chronicle]
