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.
No snowfall? No problem. Killington’s snowmaking team has been working overtime to make sure East Coast skiers and riders will get their first turns of the year in on Friday, October 19th. The K-1 Express Gondola will start running at 10 a.m. for Season Pass, Ikon Pass, and Express Card holders who will have access to the North Ridge Area until 3:30 p.m., giving them plenty of time to shred some of the summer rust off. The mountain opens to the rest of the general public on Saturday,
Breaking news today from Patagonia's HQ. For the first time, the company is endorsing two candidates running for the U.S. Senate whose platforms align with their environmental goals. Here's their press release: To get involved in the November midterm elections, visit Protect Our Winters and register to vote. These endorsements, while new, continue a stream of efforts made by Patagonia to emphasize the value and importance of public lands and the environment,
It’s not even winter and two avalanche accidents have already been reported in the mountains of Colorado. Last Friday, a skier was caught in a slab avalanche on Loveland Pass and was able to ski to safety. On Monday, a climber was swept over cliffs on South Arapaho Peak, near Boulder, by an avalanche and brought himself to safety. TGR takes safety as its utmost priority, and would like to remind all skiers, riders, climbers, and mountain travelers that slides can happen as soon as there is