Alterra Mountain Company To Buy Utah’s Solitude
Alterra officials say that the deal for the 1,200-acre mountain outside of Salt Lake City will close this fall. The Denver-based company bought Solitude from the previous owners of Deer Valley, which Alterra got in 2017.
The sale further fuels the resort-buying binge between Vail Resorts, which owns 16 resorts in North America, and Alterra that was created by Henry Crown and Co. – owners of the Aspen complex of mountains – and Denver-based KSL Capital Partners.
The latest purchase means Alterra has resorts in five states and three Canadian provinces. It also set the stage for a multi-resort season pass battle between Vail and its Epic Pass and Alterra’s Ikon Pass. Both passes permit unlimited skiing and riding on slopes the companies own, plus limited access to another dozen or so “partner” resorts each.
Alterra has not yet announced how Solitude will fit in the Ikon Pass network for the upcoming 2018-2019 season. Summer activities will go ahead as scheduled.
Solitude has long been a well-kept secret in the powder-laden Wasatch Mountains. Located a half-hour drive from Salt Lake City up Big Cottonwood Canyon, the mountain is known for short lift lines; powder stashes in bowls, trees and gullies, and a laid-back combo of day and overnight visitors. It connects trails with Brighton right next door.
Recently, Solitude and Deer Valley officials floated the idea of an over-the-ridge gondola to connect the two resorts. Local opposition and complications with U.S. Forest Service regulations put that concept on hold.
The sale adds Solitude to a network of Steamboat and Winter Park 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 in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.