This week Aspen Skiing Co., which runs the four Aspen-area ski resorts, and KSL Capital, a private equity shop, acquired Intrawest Resorts for $1.5 billion! This deal now gives ownership of Winter Park and Steamboat to Aspen, which is great news to those of you who are looking for another great pass that offers multiple resorts for a realistic price. This new pass that would rival the Epic Pass will most likely not be available until the 2018-2019 winter season, but would be a great alternative to the Epic Pass and the more recent Mountain Collective Pass.
With this deal, Aspen now has control of Quebec’s Tremblant, Ontario’s Blue Mountain, West Virginia’s Snowshoe and Vermont’s Stratton ski areas as well as Canadian Mountain Holidays, the world’s largest heliskiing outfit. Not only that, but KSL is already an affiliate with Squaw Valley and Alpine Meadows, and they will also fall under this new ownership. Big time news to be excited about for the upcoming seasons as we wait to see what kind of season pass deal Aspen will come up with! Don't forget, Aspen Snowmass closes this Sunday April 16th but Aspen Mountain will remain open until the following Sunday, April 23rd. Get out there and enjoy the last weeks of the season and some sunny laps with friends.