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Alterra Mountain Company

Major ski resort owner and operator From Wikipedia, the free encyclopedia

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Alterra Mountain Company is an American hospitality company established in 2018 with headquarters in Denver, Colorado. It is privately owned by KSL Capital Partners and Henry Crown and Company, the owners of Aspen/Snowmass. It is a conglomerate of several ski resorts that offers a combined season pass.[1]

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History

In April 2017, KSL and Aspen jointly purchased Intrawest.[2] This acquisition was followed by Mammoth Resorts[3] a few days later and Deer Valley[4] in August. All of these assets were combined with KSL's Squaw Valley and Alpine Meadows (the two ski resorts were combined and later renamed Palisades Tahoe[5]) to form Alterra Mountain Company in January 2018.[6]

In late January 2018, Alterra announced the Ikon Pass, a season pass that provides unlimited or restricted access to all of their ski resorts in collaboration with Alta Ski Area, Snowbasin, Arapahoe Basin,[7] Aspen/Snowmass, Boyne Resorts, Jackson Hole Mountain Resort, Powdr Corporation, Revelstoke Mountain Resort, SkiBig3, and Snowbird.[8] This is a competitor to Vail Resorts' Epic Pass.[9][10][11][12][13]

In 2021, Alterra Mountain Company announced its plans to invest $207 million in capital improvements for the upcoming year, including transformational base area and on-mountain developments at Steamboat, Deer Valley Resort, Squaw Valley Alpine Meadows and Mammoth Mountain.[14]

As of late 2021, the Chief Executive Officer was Jared Smith. [15]

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List of resorts

  • Big Bear Mt. and Snow Summit merged several years before Alterra was formed. The official title is: Big Bear Mountain Resorts.
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References

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