Thanks to a mix of natural and man-made snow, Sunday opens Nov. 23. (Sunday River)
A mild fall kept many Northeast skiers and riders fearing we might face another winter like last year, but the temps have dropped, snow has arrived and opening days are happening across the region.
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.
Mount Sunapee has the green light to move forward with plans for the West Bowl Expansion from New Hampshire Governor Maggie Hassan and state's Executive Council.
Eastern skiers and riders are surely disappointed with the warm start to the season this year, but if you look at long-term trends and averages, there is hope on the horizon.
There’s an uncanny ability to sense what visitors and vacationers are seeking. If it’s adventure, they supply it — mountain coasters, pipes, parks, canopy tours, fine dining. If childcare, they provide it. Music, got it. Basics? All covered.
Okemo Mountain Resort has added lift-serviced mountain biking to its lineup of summer and fall amenities. The South Ridge Quad A will provide access to more than three miles of trails in the resort’s Clock Tower base area as the first phase in the development of the Evolution Bike Park at Okemo. The Evolution Bike Park at Okemo will be open for the July Fourth weekend.
Many eastern resorts are now offering their best prices on next year’s season passes. Buy now, and many come with free skiing for the rest of the the current season. The snowpack is deep and many ski areas could still be open for another two months.
Boston has been breaking records left and right this winter for snowfall, but what about the mountain resorts in the Northeast? Many resorts across the region are looking at smashing year-end snow totals if they haven't already. Yes, it’s been cold, but that has meant super-fluffy powder days that New Englanders often have to head west to find.
New Hampshire state and local officials, Mount Sunapee staff and skiers and snowboarders were on hand Saturday morning, Jan. 10 for the dedication and ribbon cutting for the new Sunbowl Express High-Speed Quad chairlift.
The new Sunbowl Express High-Speed quad chair opens this weekend (Dec. 20-21) at Mount Sunapee Resort. This 4,224-foot lift, manufactured by Poma of America, replaces the Sunbowl fixed-grip quad chair. The lift has a vertical rise of over 1,000 feet and services 17 trails. Now, both lifts to Mount Sunapee’s 2,743 foot summit are Poma high-speed quads.
New Hampshire thrill-seekers will find numerous opportunities to explore the mountains of the state from a bird's-eye view at its many resort zip lines, canopy tours, and aerial adventure courses.
The New Hampshire Superior Court has ruled in favor of Mount Sunapee Resort’s long standing claim that the leasehold boundary for operating the ski area is the same as the state park’s north and west boundaries. That opens up the opportunity to expand skiing and riding into the West Bowl as a consideration by the owners.
School’s out and the cool mountains present an even cooler line-up of summer activities that can make a hero out of parents and grandparents, aunts and uncles. Just take those active youngsters and teens on a mountain resort vacation and you’ll be amazed at the things you can do together to have fun.
Many mountain resorts and towns throughout the east will be hosting a variety of events and activities Columbus Day Weekend Oct. 12-14. Here is a sampling.
The flurry of western resorts offering joint passes has crossed the Mississippi (actually the Hudson) and moved to New England. College students now have their own deal with the all-new “4.0 College Pass.”