Sign In:

×

Last Step!

Please enter your public display name and a secure password.

Plan to post in the forums? Change your default forum handle here!

×
×

Deer Valley Sold To KSL/Aspen For Undisclosed Sum

PARK CITY, Ut. — The now-infamous solar eclipse took a back seat to other news in Utah Monday with Deer Valley Resort being acquired by the up-and-coming and currently unnamed goliath KSL/Aspen investment joint venture. 

Previously co-owned Solitude Resort is to remain independent.

According to The Salt Lake Tribune, Deer Valley Resort was purchased by the as-yet unnamed company that in the past year has made a string of big acquisitions that have largely reshaped the ski industry. In addition to Deer Valley, the unnamed company’s holdings now include the entire Aspen portfolio, Squaw Valley, Alpine Meadows, Mammoth Mountain, June Mountain, Big Bear, Snow Summit, among others.

Terms and exact financial figures for the sale were not disclosed as of press time. 

Deer Valley spokesperson Emily Summers made clear in a statement that the resort’s legendary (and sometimes contentious) policy of being a skier’s-only area will not change, nor will the pass structure for the 2017/2018 winter season.

“Functionally, nothing is going to change,” Deer Valley President and GM Bob Wheaton told the Tribune. “This transaction puts the resort in a strong position to continue to grow as part of a portfolio of 12 other outstanding resorts.”

President and Chief Operating Officer of the as-yet unnamed KSL/Aspen joint venture David Perry told The Tribune that the buy-out will further allow his company to provide a world-class product to skiers and riders. “Prior to this acquisition, we were able to offer our guests exceptional experiences throughout most of North America’s major ski regions, but we did not have a resort in Utah, a state renowned for great skiing and mountain town life.”

In the aftermath of the sale, many are speculating about whether the company will soon offer an all-inclusive pass to rival Vail Resorts’ Epic Pass. But for now, both Wheaton, Perry and other stakeholders are remaining tight-lipped over the possibility.

Showbox is one of the best video and audio streaming apps which are available in the commercial market right now. It has a very easy-to-use interface and can download content from multiple popular sites, which makes it a must for every cinema and content enthusiast.
For more details about ShowBox please visit here ShowBox App Download

Play
READ THE STORY
Gunman Opens Fire at Climbers in Little Cottonwood
Up Next News

Gunman Opens Fire at Climbers in Little Cottonwood

Gunman Opens Fire at Climbers in Little Cottonwood

SALT LAKE CITY — A gunman opened fire Monday evening at climbers mid-route in The Wasatch Range's Little Cottonwood Canyon. No injuries were reported, and law enforcement officials are curently investigating the incident.  According to the Salt Lake Tribune and other anonymous sources, the shooting occurred at roughly 6 p.m. Monday in the area more commonly known for world-class powder skiing at nearby Snowbird and Alta ski areas. Rock climber Samuel Clairmont and two others were rappelling

Play
READ THE STORY
Joss Christensen Calls Out Stalkers, Threatens Police Action
Up Next News

Joss Christensen Calls Out Stalkers, Threatens Police Action

Joss Christensen Calls Out Stalkers, Threatens Police Action

Olympic gold-medalist Joss Christensen took to social media this weekend after being stalked by two females for over three days. The pair of stalkers first approached Joss outside his gym and asked for a picture. The next day he spotted them near his mother's house while he was visiting. The pair then followed the Park City skier back to his cabin yesterday, which turned out to be the final straw.  He took to his Instagram to post the following message, urging the females to leave him alone

Play
READ THE STORY
TGR Announces This Year’s Hall of Fame Inductees
Up Next News

TGR Announces This Year’s Hall of Fame Inductees

TGR Announces This Year’s Hall of Fame Inductees

The 2017 TGR Hall of Fame At the 2017 TGR Family Dinner, co-founders Todd and Steve Jones announced the first round of inductees into the TGR Hall of Fame, bringing back many stoked memories of the incredible work these athletes have done throughout their lives. The inductees and their families were in attendance, receiving a three-night stay at the Teton Mountain Lodge during the world premiere weekend. All three athletes led storied careers, pioneering the world of freeskiing and