Recently, the Aspen Skiing Company announced the purchase of Steamboat, Stratton and Intrawest in a $1.5 billion deal to acquire Steamboat and the operator of Winter Park, Intrawest. While these two resorts are in Colorado, part of the deal includes Mammoth Resorts, a big name in California skiing including Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain.
While this seems like a success for everyone involved, you may still be confused who all these players are—and more importantly—you probably want to know how these changes will affect you. Let’s break it down.
• Aspen Skiing currently consists of Snowmass, Aspen Mountain, Aspen Highlands, and Buttermilk—4 different mountains in the historic mountain town of Aspen and the nearby resort of Snowmass.
• KSL is a Denver-based venture capital firm and according to The Denver Post was formed to invest in luxury hotels and resorts.
• Mammoth Resorts operates Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain in California. It will now be owned by Aspen Skiing.
• Intrawest is the operator of Steamboat and Winter Park in Colorado as well as Snowshoe Mountain in West Virginia, Blue Mountain in Ontario, Stratton Mountain in Vermont, and Mont Tremblant in Quebec. These resorts will all be owned by Aspen Skiing.
How Does This Affect You?
Before you get anxious about any changes, most things will actually stay the same. According to the Aspen Snowmass website, which is boasting the phrase “Better Together”, Aspen management will not change, and both Intrawest and Mammoth Resorts will continue to be run by their current management team.
For the upcoming 2017-2018 ski season, season passes will remain the same. Currently the Mountain Collective, M.A.X. pass, and Intrawest passes will stay the same too. But who knows if some of these passes may be combined in the future.
So while there are a lot of changes, it seems like most of these are behind the scenes. You can plan on expecting the same great things from your favorite resorts.