Alterra Mountain Co. has announced it has an agreement to purchase Crystal Mountain Resort in Washington – the first Pacific Northwest holding for the Denver-based resort conglomerate and its Ikon Pass.
A concept of the new eight-seat, high-speed Doppelmayr lift. (Big Sky)
Boyne announced they will install North America’s first eight-seat, high-speed lift at Big Sky Resort over the summer and it will be ready for next winter, and additional improvements will focus on the Mountain Village.
Gathering for final run down High Rustler. (Alta/Facebook)
The coming of spring is a bittersweet time for skiers and riders. But it’s also time to party hearty at a plethora of spring festivals and fun dots the calendar during the final weeks of the year.
Crystal Mountain returns to local owner. (Crystal Mountain/Facebook)
In an era of consolidation, Crystal Mountain is going against the grain, as its longtime CEO has purchased the largest resort in Washington state from Boyne Resorts.
Snow conditions at Big Sky are excellent this season. (Big Sky)
Big Sky Resort, part of Boyne Resorts headquartered in Michigan, is planning on spending over $150 million on resort improvements over the next eight years. The improvements will include the most advanced chairlift network in North America, elevated lodging, dining and shopping, and more on-mountain activities, according to Stephen Kircher, president of Boyne’s eastern operations and Big Sky.
The aim is to establish Big Sky Resort, with its iconic Lone Peak, and surrounding area as the American Alps.
“For more than 67 years, my family and our organization has remained committed to creating a memorable experiences at unique destinations, often inspired by sense of place and attention to detail,” said Kircher in a prepared statement. “Big Sky will become the best representation of that ideal with our 2025 efforts.”
This past summer as part of the program the resort installed a couple of new state-of-the-art lifts replacing older, slower and less comfortable lifts. A six-seat, high-speed detachable accessing Lone Peak’s bowl replaces the old triple chair, and it’s a Big Sky blue bubble chair with heated seats. Talk about comfort. The other chair, a new fast, fixed-grip triple, will serve the long, steep runs in the Challenger area; reserved for expert-level skiers and riders. It replaces an old, slow double and is more wind resistant.
Big Sky Big Grass returns to the resort for the 11th year in a row, Thursday -Sunday, Feb. 9-12.
Live Music Featuring: Sam Bush Band, Del McCoury Band, Billy Strings, Drew Emmitt Band, Jeff Austin Band, The Travelin' McCourys, 2016 Grammy Nominated artist Sierra Hull, Darol Anger and the Furies, and The Good Time Travelers.
West Yellowstone and Yellowstone National Park, just 45 minutes away, makes a great day trip. National Park snowcoach tours will take you to Old Faithful, bison viewing and more.
Big Sky offers several lodging packages throughout the winter; 30-percent off the nightly rate in the Huntley Lodge on select dates, and a fourth night free at several of the village lodges and hotels. Some blackout dates may apply.
With all the snow the resort has received so far this winter conditions are excellent. They set visitation records over the holidays.
Maine's Sugarloaf will have new owners in 2017. (Sugarloaf)
After two years of searching for a buyer, CNL Lifestyle Properties has entered into a purchase and sale agreement with EPR Properties to obtain CNL’s 15 ski resort properties as well as other waterparks, amusement parks and family entertainment centers.
The sale, expected to go through in the second quarter of 2017, will be the largest transaction in the history of the sport. However, the ski resorts are leased to operating companies like Boyne Resorts who hold long-term leases, and sale will not have a direct impact on the day-today operations of the resorts.
EPR, a real estate investment trust (REIT) based in Kansas City, Missouri, will acquire the portfolio of ski and attraction assets from CNL and provide debt financing to Och-Ziff Real Estate (OZRE) for its purchase of 14 CNL ski properties in a transaction valued at $700 million.
EPR will acquire Northstar California, along with 15 attraction assets (waterparks and amusement parks) for approximately $456 million. EPR will provide approximately $244 million of five-year financing for 14 ski and mountain lifestyle resorts to be acquired by OZRE for approximately $374 million.
“This sale will have no impact on our resort operations, as this is not a management change. This simply means that we will likely have a new landlord by next summer and we will know more once we engage in further discussions about their longer term intent,” Boyne Senior Vice President, Corporate PR and Programs, Julie Ard told SnoCountry.com.
Triple Peaks’ three resorts, Crested Butte, Mount Sunapee, and Okemo are also part of the deal. “This sale really has no impact on us or our guests. It is similar to a homeowner whose bank sold their mortgage to another bank. It makes little to no difference to the homeowner,” Okemo’s Tim Mueller told us.
Omni Hotels and Resorts acquired the Omni Mount Washington Resort, home of Bretton Woods, from CNL in December 2015.
Powdr Enterprises, the sports marketing and entertainment division of Powdr, has announced a strategic brand partnership with Boyne Resorts. This alliance brings together the corporate partnership rights of the two largest privately-owned and operated companies in the mountain sports industry.
The Michigan Ski Industries Association (MSIA) is offering all state fourth graders the chance to ski and snowboard for free this winter, and White Gold Card holders can ski or ride 32 different areas across the Wolverine State for around $6.20 per lift ticket.
CrossHarbor Capital Partners LLC and Boyne Resorts, owner of Big Sky Resort, has entered into an agreement to purchase Moonlight Basin Resort, which straddles the other side of Lone Mountain. The acquisition will create the largest ski resort in the Lower 48.