Intrawest Sells Two French Resorts

by The Editors on August 6, 2009

IntrawestStruggling international resort owner Intrawest has sold two French resorts we’ve never heard of, according to a story on Metronews.ca.

Vancouver-based Intrawest said it has agreed to sell the lodging and commercial operations at Arc 1950 Resort in Savoie and the Flaine Montsoleil Resort in the Haute-Savoie region of the French Alps. . . The price was not disclosed.

We’re going to go ahead and guess that this won’t be the last asset Intrawest sells in coming months.

[Link: Metronews.ca]

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