Will merger lead to skier superpass?

Sorry, the Winter Park/Steamboat/Aspen merger won't do much for you (this year).

DENVER BUSINESS JOURNAL - If the news of a pending merger by the operators of ski resorts in Aspen-Snowmass, Winter Park, Steamboat and Squaw Valley has you dreaming of a skier superpass, don't hold your breath.

A new pass encompassing all those ski areas is not anticipated, at least not for the 2017-18 season, officials say.

Many Colorado skiers are no doubt salivating about the prospects of a season pass that would cover Aspen Skiing Co.'s four resorts in the Aspen-Snowmass area as well as Winter Park and Steamboat, both operated by Denver-based Intrawest Resort Holdings Inc. (NYSE: SNOW), following Monday's news of a deal involving those companies.

The deal also involves Denver-based private equity firm KSL Capital Partners, which operates the big Squaw Valley and Alpine Meadows resorts on the California side of Lake Tahoe.

Read more at the Denver Business Journal: http://bit.ly/2nZSeGu

Copyright 2017 Denver Business Journal


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