Squaw Valley Ski Holdings, Intrawest Resort Holdings Inc. and Mammoth Resorts are now combined as one company, and will launch a new name and brand prior to the 2017-18 ski season. The new entity includes 12 four-season mountain resorts. The new joint venture formed by affiliates of KSL Capital Partners, LLC and Henry Crown and Company…
KSL Capital Partners, Aspen Skiing Co. Acquire Intrawest Resorts
The private equity firm and ski resort operator have acquired Intrawest for $1.5B, including debt. Intrawest’s properties include Steamboat Ski Resort in Steamboat Springs, Colo., Winter Park (Colo.) Resort, Tremblant Ski Resort in Quebec, Stratton Mountain Resort in South Londonderry, Vt., Snowshoe (W. Va.) Mountain, and Blue Mountain in Ontario.
Culinary Multi-tasker
With multiple kitchens throughout the property, the food-and-beverage staff at Stratton Mountain Resort relies on equipment that can keep up with their pace of year-round activity.