Alterra Mountain Company

Alterra Mountain Company
Private
Founded 2018
Headquarters Denver, Colorado, USA
Key people
 Rusty Gregory, CEO
Website www.alterramtnco.com

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 Aspen/Snowmass (Henry Crown and Company). It is a conglomerate of several ski resorts that offers a combined season pass.[1]

History

In April 2017, KSL and Aspen jointly purchased Intrawest.[2] This was 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, Aspen/Snowmass, Boyne Resorts, Jackson Hole Mountain Resort, Powdr Corporation, Revelstoke Mountain Resort, SkiBig3, and Snowbird.[6] This is a competitor to Vail Resorts' Epic Pass.[7][8][9][10][11]

List of resorts

Name Location Date opened Date acquired Notes
Alpine Meadows Alpine Meadows, California 1961 N/A Plans have been discussed to merge with neighboring Squaw Valley[12]
Big Bear Mountain Big Bear Lake, California 1943 April 12, 2017 Plans have been discussed to merge with neighboring Snow Summit[13]
Blue Mountain The Blue Mountains, Ontario 1941 April 10, 2017 Third busiest ski resort in Canada[14]
Crystal Mountain Resort Enumclaw, Washington 1962 September 6, 2018[15] Acquisition not finalized [16]
Deer Valley Park City, Utah 1981 August 21, 2017 One of three resorts in the U.S. to not allow snowboarding[17]
June Mountain June Lake, California 1962 April 12, 2017
Mammoth Mountain Mammoth Lakes, California 1955 April 12, 2017 Third largest lift system in the U.S.[18]
Snowshoe Snowshoe, West Virginia December 13, 1974 April 10, 2017
Solitude Mountain Resort Solitude, Utah 1957 June 20, 2018[19]
Squaw Valley Olympic Valley, California 1949 N/A Plans have been discussed to merge with neighboring Alpine Meadows[12]
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[20]
Snow Summit Big Bear Lake, California 1952 April 12, 2017 Plans have been discussed to merge with neighboring Big Bear Mountain[13]
Tremblant Mont-Tremblant, Quebec 1938 April 10, 2017 Second busiest ski resort in Canada[14]
Winter Park Resort Winter Park, Colorado 1939 April 10, 2017 First ski resort in Colorado[21]

References

  1. ↑ "The new name in ski resorts you need to know: Alterra Mountain". The Denver Post. January 11, 2018.
  2. ↑ "Is bigger better? $1.5 billion Intrawest deal changes ski industry". Ski Magazine. Active Interest Media. 11 April 2017. Retrieved 2018-04-05.
  3. ↑ "Is More, in Fact, More? Aspen Owners and KSL Close a $1.5 Billion Deal". Ski Magazine. Active Interest Media. 7 August 2017. Retrieved 2018-04-05.
  4. ↑ Ditrinco, Greg (21 August 2017). "Deer Valley Joins the Club". Ski Magazine. Active Interest Media. Retrieved 2018-04-05.
  5. ↑ "Newest Resort Conglomerate Finally Has a Name". Powder Magazine. The Enthusiast Network. 11 January 2018. Retrieved 2018-04-05.
  6. ↑ Foersterling, Jack (22 February 2018). "Newest Resort Conglomerate Finally Has a Name". Powder Magazine. The Enthusiast Network. Retrieved 2018-04-05.
  7. ↑ "Ski Pass Revolution: Great News, Big Savings For Your Next Ski Vacation Forbes Feb 2018 https://www.forbes.com/sites/larryolmsted/2018/02/26/ski-pass-revolution-great-news-big-savings-for-your-next-ski-vacation/#c7632d61c2e9
  8. ↑ "How Vail's EPIC Pass Changed the Game". New Schoolers. The Enthusiast Network. December 2017. Retrieved 2018-04-05.
  9. ↑ "Ski-pass wars see shifting loyalties". Aspen Daily News. January 30, 2018.
  10. ↑ "Alterra's Ikon Pass gives skiers a real rival to Vail's Epic Pass". USA Today. January 26, 2018.
  11. ↑ "Aspen avoids ski pass war, season pass prices going up $25 to $50". Aspen Times. April 12, 2018.
  12. 1 2 "Squaw & Alpine To Become One - Tahoetopia". tahoetopia.com.
  13. 1 2 "Mammoth Buys Big Bear Mountain Resorts - BigBearRealEstate.com". 11 March 2015.
  14. 1 2 Roberta Avery, "A mountain of history at popular resort", Toronto Star, 18 January 2007
  15. ↑ "ALTERRA MOUNTAIN COMPANY TO ACQUIRE CRYSTAL MOUNTAIN RESORT IN WASHINGTON". AlterraMtnCo.com. September 6, 2018.
  16. ↑ "ALTERRA MOUNTAIN COMPANY TO ACQUIRE CRYSTAL MOUNTAIN RESORT IN WASHINGTON". AlterraMtnCo.com. September 6, 2018.
  17. ↑ "Snowboarders take fight against ban at Utah resort to appeals court". Denver Post. 20 April 2016. Retrieved 2018-04-05.
  18. ↑ "The Top 20 Ski Resorts In North America With The Most Lifts". 29 May 2018.
  19. ↑ "ALTERRA MOUNTAIN COMPANY TO ACQUIRE SOLITUDE MOUNTAIN RESORT IN UTAH". Alterra Mountain Co. June 20, 2018.
  20. ↑ Haddad, Sam (26 November 2010). "Stratton, Vermont: where snowboarding was born". The Guardian. Guardian News and Media Limited. Retrieved 2018-04-05.
  21. ↑ http://www.playwinterpark.com/winter-park-wows-history
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