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Alterra
Mountain Company Closes on
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Solitude
Mountain Resort in Utah
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Expanding the Company’s Family
of
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Destinations and Experiences
in Utah
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Denver,
CO – August 2018 / Newsmaker Alert / Alterra
Mountain Company announces the completion of the previously announced
acquisition of Solitude Mountain
Resort in Utah, bringing the company’s total to 13 year-round mountain
destinations throughout North America, including the world’s largest heli-skiing
operation.
“We
are thrilled to officially welcome Solitude Mountain Resort to the Alterra
Mountain Company family and excited to expand our reach within Utah to
offer another premier ski and snowboard experience to our guests,” said
Rusty Gregory, Chief Executive Officer, Alterra Mountain Company. Solitude
Mountain Resort is located just 34 miles from the Salt Lake City International
Airport (SLC) and less than an hour from Deer Valley Resort, in the renowned
Big Cottonwood Canyon. The mountain offers skiers and riders 77 runs, three
bowls, and a vertical drop of 2,030 feet (619 meters) across 1,200 acres,
plus some of the most impressive off-piste terrain in the country. The
quaint base village offers ski-in/ski-out accommodations along with year-round
activities for guests. Terms of the transaction were not disclosed. More
details will be released soon, including Ikon Pass inclusion details.
Alterra
Mountain Company’s destinations offer premium ski, snowboard and all-season
activities for those who seek adventure, freedom, and fun in the great
outdoors. Current destinations that make up Alterra Mountain Company are
spread throughout five states and three Canadian provinces: Steamboat and
Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain,
June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont;
Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario;
Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing
& Summer Adventures in British Columbia. Alterra Mountain Company was
created when affiliates of KSL Capital Partners, owners of Squaw Valley
Alpine Meadows, and affiliates of Henry Crown and Company purchased Intrawest,
Mammoth Resorts, and Deer Valley Resort in 2017.
At
each destination, Alterra Mountain Company leaders are empowered to be
decisive, creative, and bold in order to retain each mountain’s authentic
character. Recognizing the innate value of the unique culture found at
each of the mountain communities, Alterra Mountain Company’s goal is to
preserve, sustain and support its two most important resources: the mountains
and the people who live and play in them.
In
January 2018, Alterra Mountain Company introduced the Ikon
Pass for winter 2018-2019, the new standard in season passes. The Ikon
Pass offers skiers and riders access to premier mountain destinations throughout
North America and Australia, including 13 Alterra Mountain Company destinations,
plus 15 partner destinations.
About
Alterra Mountain Company
Alterra
Mountain Company is a family of 13 iconic year-round destinations, including
the world’s largest heli-ski operation, offering the Ikon Pass, the new
standard in season passes. The company owns and operates a range of recreation,
hospitality, real-estate development, food and beverage and retail businesses.
Headquartered in Denver, Colorado with destinations across the continent,
Alterra Mountain Company is rooted in the spirit of the mountains and united
by a passion for outdoor adventure. Alterra Mountain Company’s family of
diverse playgrounds spans five U.S. states and three Canadian provinces:
Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows,
Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California;
Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue
Mountain in Ontario; Deer Valley Resort and Solitude Mountain Resort in
Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.
Alterra Mountain Company honors each destination’s unique character and
authenticity and celebrates the legendary adventures and enduring memories
they bring to everyone. For more information, visit www.alterramtnco.com.
About
Ikon Pass
The
Ikon Pass is the new standard in season passes, connecting the most iconic
mountains across North America and Australia, delivering authentic, memorable
snow adventures. Brought to you by Alterra Mountain Company, the Ikon Pass
unlocks access to a community of diverse destinations you want to ski and
ride, including Aspen Snowmass, Steamboat, Winter Park Resort, Copper Mountain
and Eldora in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain,
June Mountain and Big Bear Mountain Resort in California; Jackson Hole
Mountain Resort in Wyoming; Big Sky in Montana; Stratton, Killington and
Sugarbush Resort in Vermont; Snowshoe in West Virginia; Tremblant in Quebec
and Blue Mountain in Ontario, Canada; SkiBig3 in Alberta, Canada; Revelstoke
Mountain Resort in British Columbia, Canada; Sunday River and Sugarloaf
in Maine; Loon Mountain in New Hampshire; Deer Valley Resort, Solitude
Mountain Resort, Alta and Snowbird in Utah and Thredbo in Australia. Special
offers are available at CMH Heli-Skiing & Summer Adventures, the world’s
largest heli-skiing operation. For more information on the Ikon Pass, visit
www.ikonpass.com.
Contacts:
The
Ashima Group
Amelie
Bruzat
347-653-9544
Kristin
Rust
Director
Public Relations
Alterra
Mountain Company
303-801-7271 |