Vail Resorts

Vail Resorts to Acquire Crans-Montana Mountain Resort

Vail Resorts has just announced that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group. This is the company’s second ski resort in Europe. Crans-Montana Mountain Resort offers over 4,593 feet of skiable vertical terrain and 86 miles of trails. [Read more…]

Vail Resorts

Vail Resorts Acquires Hidden Valley Resort, Seven Springs Mountain Resort, and Laurel Mountain Ski Area

Leading global mountain resort operator Vail Resorts, Inc. has just announced the acquisition of three Pennsylvania resorts: Seven Springs Mountain Resort, Hidden Valley Resort, and Laurel Mountain Ski Area from Seven Springs Mountain Resort, Inc. [Read more…]

Vail Resorts

Vail Resorts Closes Acquisition of Three Resorts

Vail Resorts has just announced the closing on their acquisition of Triple Peaks, LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire, and Crested Butte Mountain Resort in Colorado. Triple Peaks, LLC was purchase from the Mueller family for approximately $74 million.

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Vail Resorts

CEO of Vail Resorts Establishes New Charity

Rob Katz, the chairman and CEO of Vail Resorts, Inc., has established a new charitable fund to give back to mountain resorts communities. Pledging $58 million, the new fund will benefit a variety of nonprofits, social service organizations, and more that work to improve the quality of life and environment around some of the nation’s most precious mountain towns and cities. [Read more…]