Tag

Alterra Mountain Co

All articles tagged with #alterra mountain co

business1 year ago

Alterra Mountain Co. Acquires Arapahoe Basin Ski Resort

Alterra Mountain Co. has acquired Arapahoe Basin, a 1,428-acre ski area in Colorado, from its Canadian owner. The acquisition marks a new chapter for the ski area, with plans for capital improvements including expanded parking and snowmaking. Arapahoe Basin's chief operating officer, Alan Henceroth, will continue to run the ski area, and there are no planned changes to Alterra Mountain Co.'s Ikon Pass for the rest of the 2023-24 season. This acquisition adds to Alterra Mountain Co.'s portfolio of 18 year-round mountain destinations and expands its presence in the ski industry.

business1 year ago

Arapahoe Basin Sold to Alterra Mountain Co.

Arapahoe Basin, an independent ski area, is being acquired by Denver-based Alterra Mountain Co., marking the end of its decades-long independence. The ski area has been owned by Dream Unlimited since 1997, and the acquisition is expected to close later this year. The news has received primarily negative reactions from customers, who lament the perceived loss of independence and unique charm. Alterra Mountain Co. owns 17 resorts, including Winter Park and Steamboat, and provides access to others through the Ikon Pass.