 | |
| Company type | Private |
|---|---|
| Founded | 2018 |
| Headquarters | Denver, Colorado, US |
Key people | Jared Smith (CEO) |
| Owners | Henry Crown and Company KSL Capital Partners |
| Website | www |
Alterra Mountain Company is an American hospitality company established in 2018 with headquarters in Denver, Colorado. It is privately owned by KSL Capital Partners and Henry Crown and Company, the owners of Aspen/Snowmass. It is a conglomerate of several ski resorts that offers a combined season pass. [1]
In April 2017, KSL and Aspen jointly purchased Intrawest. [2] This acquisition was followed by Mammoth Resorts [3] a few days later and Deer Valley [4] in August. All of these assets were combined with KSL's Squaw Valley Alpine Meadows ski resort to form Alterra Mountain Company in January 2018. [5]
In late January 2018, Alterra announced the Ikon Pass, a season pass that provides unlimited or restricted access to all of their ski resorts in collaboration with Alta Ski Area, Snowbasin, Arapahoe Basin, [6] Aspen/Snowmass, Boyne Resorts, Jackson Hole Mountain Resort, Powdr Corporation, Revelstoke Mountain Resort, SkiBig3, and Snowbird. [7] This is a competitor to Vail Resorts' Epic Pass. [8] [9] [10] [11] [12]
In 2021, Alterra Mountain Company announced its plans to invest $207 million in capital improvements for the upcoming year, including transformational base area and on-mountain developments at Steamboat, Deer Valley Resort, Squaw Valley Alpine Meadows and Mammoth Mountain. [13]
As of late 2021, the Chief Executive Officer was Jared Smith. [14]
| Name | Location | Date opened | Date acquired | Notes |
|---|---|---|---|---|
| Big Bear Mountain | Big Bear Lake, California | 1943 | April 12, 2017 | Merged with neighboring Snow Summit [15] |
| Blue Mountain | Collingwood, Ontario | 1941 | April 10, 2017 | Third busiest ski resort in Canada [16] |
| Crystal Mountain Resort | Enumclaw, Washington | 1962 | October 1, 2018 [17] | |
| Deer Valley | Park City, Utah | 1981 | August 21, 2017 | One of three resorts in the U.S. to not allow snowboarding [18] |
| June Mountain | June Lake, California | 1962 | April 12, 2017 | |
| Mammoth Mountain | Mammoth Lakes, California | 1955 | April 12, 2017 | Eighth largest lift system in North America [19] |
| Snowshoe | Snowshoe, West Virginia | December 13, 1974 | April 10, 2017 | |
| Snow Valley Mountain Resort | Running Springs, California | 1924 | January, 2023 | Merged with nearby Snow Summit and Big Bear Mountain [20] |
| Solitude Mountain Resort | Solitude, Utah | 1957 | June 20, 2018 [21] | |
| Palisades Tahoe / Alpine Meadows | Olympic Valley, California Alpine Meadows, California | 1949 | — | Plans have been discussed to merge with neighboring resorts of Palisades Tahoe and Alpine Meadows incorporating a gondola that would cross White Wolf Mountain's proposed development. [22] |
| Schweitzer Mountain | Sandpoint, Idaho | 1963 | June 1, 2023 (announced) | Alterra announced the agreement to purchase Schweitzer on June 1, 2023, but the purchase has not been finalized. [23] |
| Steamboat | Steamboat Springs, Colorado | January 12, 1963 | April 10, 2017 | |
| Stratton | Stratton Mountain, Vermont | December 1961 | April 10, 2017 | First ski resort to allow snowboarding in 1983 [24] |
| Snow Summit | Big Bear Lake, California | 1952 | April 12, 2017 | Merged with neighboring Big Bear Mountain [15] |
| Sugarbush Resort | Warren, Vermont | December 25, 1958 | November 13, 2019 | Acquisition finalized January 14, 2020. [25] [26] |
| Tremblant | Mont-Tremblant, Quebec | 1938 | April 10, 2017 | Second busiest ski resort in Canada [16] |
| Winter Park Resort | Winter Park, Colorado | 1939 | April 10, 2017 |
Snowmass Village is a home rule municipality in Pitkin County, Colorado, United States. The population was 3,096 at the 2020 census. A popular winter resort location for skiing and snowboarding, the town is well known as the location of the Snowmass ski area, the largest of the four nearby ski areas operated collectively as Aspen/Snowmass. In 2010, the accidental discovery by a bulldozer operator of fossilized elements of a Pleistocene ecosystem in the ice age lake bed at the Ziegler Reservoir put Snowmass Village prominently on the paleontological map of North America.
Mammoth Mountain Ski Area is a large ski resort in the western United States, located in eastern California along the east side of the Sierra Nevada mountain range in the Inyo National Forest.
Intrawest Resorts Holdings, Inc was a developer and operator of destination resorts and a luxury adventure travel company. The company was founded in 1976 as a privately funded real estate development company. In 2006, Intrawest was purchased by Fortress Investment Group, a private equity investment company, which resulted in the company being delisted from the Toronto Stock Exchange and New York Stock Exchange. Fortress was under financial pressure related to the Intrawest debt, but a new loan with a single lender was completed in April 2010 and all prior lenders were repaid in full.
Stein Eriksen was an alpine ski racer and Olympic gold medalist from Norway. Following his racing career, he was a ski school director and ambassador at various resorts in the United States.
Vail Resorts, Inc. is an American mountain resort company headquartered in Broomfield, Colorado. The company is divided into three divisions. The mountain segment owns and operates 40 mountain resorts in four countries, Vail Resorts Hospitality owns or manages hotels, lodging, condominiums and golf courses, and the Vail Resorts Development Company oversees property development and real estate holdings.
Aspen Mountain is a ski area in the western United States, located in Pitkin County, Colorado, just outside and above the city of Aspen. Situated on the north flank of Aspen Mountain, its summit elevation is 11,212 feet (3,417 m) above sea level. Aspen Mountain forms the end of Richmond Ridge, a long ridge that extends ten miles (16 km) south at approximately 11,000 ft (3,350 m) to join the main spine of the Elk Mountains.
American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf, in Maine, The Canyons in Utah, Killington, Mount Snow, Haystack, Heavenly and Steamboat. In the early 2000s, the company sold all assets and shut down in 2007.
Palisades Tahoe is a ski resort in the western United States, located in Olympic Valley, California, northwest of Tahoe City in the Sierra Nevada range. From its founding in 1949, the resort was known as Squaw Valley, but it changed its name in 2021 due to the derogatory connotations of the word "squaw". It was the host site for the 1960 Winter Olympics.
Winter Park Resort is an alpine ski resort in the western United States, in the Rocky Mountains of Colorado at Winter Park. Located in Grand County just off U.S. Highway 40, the resort is about a ninety-minute drive from Denver.
Beaver Creek is an unincorporated community in Eagle County, Colorado, United States. Beaver Creek is located immediately south of the town of Avon and encompasses the Beaver Creek Resort and adjacent business, lodging, golf course, and residential areas. The U.S. Post Office at Avon serves Beaver Creek postal addresses.
Solitude Mountain Resort is a ski resort located in the Big Cottonwood Canyon of the Wasatch Mountains, thirty miles southeast of Salt Lake City, Utah. With 66 trails, 1,200 acres (4.9 km2) and 2,047 feet (624 m) vertical, Solitude is one of the smaller ski resorts near Salt Lake City, along with its neighbor Brighton. It is a family-oriented mountain, with a wider range of beginner and intermediate slopes than other nearby ski resorts; 50% of its slopes are graded "beginner" or "intermediate," the highest such ratio in the Salt Lake City area. Solitude was one of the first major US resorts to adopt an RFID lift ticket system, allowing lift lines to move more efficiently. It was followed by Alta Ski Area in 2007. Solitude is adjacent to Brighton Ski Resort near the top of Big Cottonwood Canyon. Solitude and Brighton offer a common "Solbright Pass" which provides access to both resorts for a nominal surcharge.
Swift Communications Inc. is an American digital marketing and newspaper publishing company based in Carson City, Nevada. Swift's primary markets are resort town tabloid newspapers and websites as well as agricultural publications. Swift Communications has been noted for "being outside of the mainstream" and "drawing national attention inside the industry" for disabling commenting and implementing paywalls on most of its online newspaper's websites. Many of Swift's newspapers are heavily composed of paid advertorial "sponsored content".
Snow Summit is a ski resort that was established in 1952 and is in the San Bernardino Mountains in Southern California. It is located by Big Bear Lake along with its sister resort Bear Mountain; these two resorts which operate under the same management are collectively known as Big Bear Mountain Resorts (BBMR).
Bear Mountain, formerly Goldmine Mountain, is a ski area established in 1969, in the San Bernardino National Forest in Southern California, United States. It is located by Big Bear Lake, two miles from its sister mountain, Snow Summit. These two ski areas operate under the same management and are collectively known as Big Bear Mountain Resort. The resort is part of Alterra Mountain Company.
Stratton Mountain Resort is a ski area in the northeastern United States, located on Stratton Mountain in Stratton, Vermont, east of Manchester.
White Wolf Mountain is a 460-acre (190 ha) private ski area located in the Lake Tahoe area, California. The ski area is discussed relating to the owner of Palisades Tahoe and Alpine Meadows interest in using White Wolf Mountain's interconnected property to create a mega resort. The property is named after a large white dog the owners rescued from a cliff of the property.
Alpine Meadows is a ski resort in the western United States, located in Alpine Meadows, California. Near the northwest shore of Lake Tahoe, it offers 2,400 acres (9.7 km2) of skiable terrain, 13 different lifts, and a vertical drop of 1,802 feet (549 m).
Andrew "Andy" Wirth is an American businessman and philanthropist who works in the mountain resort and hotel industry. He was most recently the president and CEO of Squaw Valley Ski Holdings, the parent company of Palisades Tahoe and Alpine Meadows ski resorts in Olympic Valley, CA until 2018. He is also the grandson of former US National Park Service Director Conrad Wirth and the great grandson of Theodore Wirth.
{{cite web}}: CS1 maint: bot: original URL status unknown (link)