Ski Area Ownership Timeline 1993—2011
www.saminfo.com SKI AREA MANAGEMENT 2001 Snoqualmie for $170 million. Boyne USA Big Tupper, N.Y., leased to Adirondack Big Tupper Ski Area, Pa., bought by local sam takes over management of Loon and Residents Intent on Saving Their Economy Telluride, Colo., sold to Morita Investments SPONSORED BY investors Snoqualmie; Booth Creek retains American Skiing Company International Le Massif, Que., takes on 10% investor, RCR closes Fortress Mountain, Alberta management of Northstar and Sierra, ASC merger with Meristar falls through, Guy Laliberte Booth Creek Red Mountain, B.C., bought by Howard and continues to own Cranmore and Les Otten resigns, BJ Fair takes over as Magic Mountain, Vt., starts program for Katkov Waterville Valley Boyne USA CEO locals to buy in Mountain High buys neighboring Alyeska Resort, Alaska, sold to local Peak Resorts buys Mad River Mountain, Yellowstone Club, Mont., sold to Cross CNL Lifestyle Properties Ski Sunrise for $375,000 investor Ohio Harbor Capital Partners Apollo Ski Partners bow out of Vail, sell Tenney Mountain not to open Intrawest/Fortress Mt. Bachelor, Ore., sold to Powdr for $4.5 The operators of Ski Denton, Pa., lease SKI AREA OWNERSHIP controlling stock Hidden Valley, Wisc. reopens under new million Swain, N.Y. Peak Resorts Seven Springs to run Laurel Mountain, Pa. ownership ASC sells Sugarbush to Summit Ventures Sleeping Giant, Wyo., reopens as non-profit Tamarack, Ida., opens Powdr Corp. NE, Inc. 2007 Blackjack, Mich., sold to investor Red Mountain, B.C. sold to real estate Elk Meadows, Utah, sold at auction for TIMELINE 1993—2011 Resorts of the Canadian Rockies Intrawest/Fortress buys Steamboat Moonlight Basin files for bankruptcy group $1 million Springs, Colo., for $239.1 million Elk Meadows, Utah, sold at auction for $1.6 CNL acquires the Intrawest villages at Vail Resorts Temple Mountain, N.H.
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