According to an AspenSnowmass.com Press Release, on April 12, 2017, “Mammoth Resorts today announced that it has entered into a definitive agreement to be acquired by a newly formed entity controlled by affiliates of” Aspen Skiing Company and KSL Capital Partners.
This news comes just days after Aspen Skiing Company and KSL Partners acquired Intrawest Resorts in a $1.5 billion deal. This new deal is expected to close by the end of the 3rd quarter of 2017 (EconoTimes.com).
Mammoth Resorts includes Mammoth Mountain Ski Area, Snow Summit, Bear Mountain, and June Mountain – over 6000 acres of skiing in Southern California. These resorts will now fall under the new umbrella of Aspen Skiing Company and KSL. The currently unnamed entity will ultimately control numerous ski resorts including:
- Aspen Snowmass
- Aspen Highlands
- Aspen Mountain
- Mammoth Mountain Ski Area
- Snow Summit
- Bear Mountain
- June Mountain
- Winter Park
- Blue Mountain
- Snowshoe Mountain,
- Stratton Mountain
- Squaw Valley-Alpine Meadows
This combination of resorts will directly compete with Vail Resorts and their Epic Pass, which accesses 14 resorts in Colorado (4), Utah (1), California (3), Vermont (1), Minnesota (1), Michigan, (1), Wisconsin (1), Australia (1), British Columbia (1).
For full details on management, season passes, and more please consult the sources listed below.
Let the battle for the ultimate ski pass begin!