Alterra Mountain Company

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Alterra Mountain Company
Websitewww.alterramtnco.com

Alterra Mountain Company is an American

Henry Crown and Company, the owners of Aspen/Snowmass. 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 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

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]

List of Resorts

  • Big Bear Mt. and Snow Summit merged several years before Alterra was formed. The official title is: Big Bear Mountain Resorts.
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

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. Denver Post
    . Retrieved 2 August 2019.
  7. ^ Foersterling, Jack (22 February 2018). "Newest Resort Conglomerate Finally Has a Name". Powder Magazine. The Enthusiast Network. Retrieved 2018-04-05.
  8. ^ Olmsted, Larry. "Ski Pass Revolution: Great News, Big Savings For Your Next Ski Vacation". Forbes. Retrieved 2023-04-14.
  9. ^ "How Vail's EPIC Pass Changed the Game". New Schoolers. The Enthusiast Network. December 2017. Retrieved 2018-04-05.
  10. ^ "Ski-pass wars see shifting loyalties". Aspen Daily News. January 30, 2018.
  11. ^ "Alterra's Ikon Pass gives skiers a real rival to Vail's Epic Pass". USA Today. January 26, 2018.
  12. Aspen Times
    . April 12, 2018.
  13. ^ "Alterra Mountain Company Announces $207 Million in Transformational Changes at Four Marquee Destinations". www.businesswire.com. 2021-04-12. Retrieved 2021-09-27.
  14. ^ https://www.linkedin.com/in/jared-smith-44012920/
  15. ^ a b "Mammoth Buys Big Bear Mountain Resorts - BigBearRealEstate.com". 11 March 2015.
  16. ^ a b Roberta Avery, "A mountain of history at popular resort", Toronto Star, 18 January 2007
  17. ^ "Alterra Mountain Company Closes on Crystal Mountain Resort in Washington". Alterra Mountain Company. October 1, 2018. Archived from the original on 2020-08-03. Retrieved February 17, 2021.
  18. ^ "Snowboarders take fight against ban at Utah resort to appeals court". Denver Post. 20 April 2016. Retrieved 2018-04-05.
  19. ^ "The Top 20 Ski Resorts In North America With The Most Lifts". 29 May 2018.
  20. ^ "Snow Valley is Now Part of Big Bear Mountain Resort". 2023-01-20. Archived from the original on 2023-01-20. Retrieved 2023-01-22.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  21. ^ "ALTERRA MOUNTAIN COMPANY TO ACQUIRE SOLITUDE MOUNTAIN RESORT IN UTAH". Alterra Mountain Co. June 20, 2018.
  22. ^ "Squaw & Alpine To Become One - Tahoetopia". tahoetopia.com.
  23. ^ "ALTERRA MOUNTAIN COMPANY TO ACQUIRE SCHWEITZER IN IDAHO | Alterra Mountain Company". www.alterramtnco.com. June 1, 2023. Retrieved June 1, 2023.
  24. ^ Haddad, Sam (26 November 2010). "Stratton, Vermont: where snowboarding was born". The Guardian. Guardian News and Media Limited. Retrieved 2018-04-05.
  25. ^ "Changing But Not Saying Goodbye". Sugarbush.com. November 13, 2019. Archived from the original on August 15, 2020. Retrieved November 13, 2019.
  26. Salt Lake Tribune
    . January 14, 2020.

External links

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