Photograph Ski Racing Media
Powdr Corp., which owns a number of ski resorts within the U.S. and Canada, is promoting Vermont’s Killington Resort and Pico Mountain, the biggest mountain resort in New England, to a gaggle of native go holders, the corporate mentioned Thursday.
Powdr additionally mentioned it plans to listing three different resorts on the market within the coming weeks: Eldora, in Colorado; Mt. Bachelor, in Oregon; and SilverStar, in British Columbia.
The Salt Lake Metropolis-based firm will preserve Copper Mountain, in Colorado, and Snowbird in Utah, she mentioned. It goals to steadiness its ski enterprise with its two concession contracts within the Nationwide Parks and operations of Woodward camps and mountain facilities, spokesperson Stacey Hutchinson mentioned by e mail.
Killington mentioned the acquisition by native buyers represents “a dedication to protecting Killington and Pico within the fingers of those that know and like it.” The brand new house owners will deal with capital funding, neighborhood engagement and sustainability, the resort mentioned.
Powdr purchased Killington in 2007. The ski space for years has been one of many stops on the FIS Alpine Ski World Cup tour. Powdr will retain a minority possession stake and have a seat on the board of administrators, it mentioned.
“We’ll miss the complete staff there however can not wait to see the wonderful issues that lie forward,” Hutchinson mentioned. “The brand new house owners, who’re locals with a deep love for the mountain, share our dedication to the resort’s long-term success.”
Killington mentioned its grateful for Powdr’s stewardship through the years, with enhancements to infrastructure, snowmaking capabilities, and year-round progress.
“We imagine that native possession will enable us to be much more conscious of the wants and wishes of our neighborhood and visitors,” mentioned Mike Solimano, Killington’s president and common supervisor.
Killington and Pico will stay on the favored Ikon ski go, Killington mentioned. There can be no adjustments to the management or administration, it mentioned.
Powdr beforehand owned Alpine Meadows, now referred to as Palisades Tahoe, in California, from 1994 to 2007; Lee Canyon, in Las Vegas, from 2003 to 2023; and Park Metropolis Mountain in Park Metropolis, from 1994 to 2014, in keeping with Hutchinson.
