Vail Resorts to acquire Crested Butte Mountain Resort, Okemo Mountain Resort, and Mount Sunapee Resort , and also Stevens Pass Resort in a separate transaction.

Crested Butte is one of the last additions to the EPIC Pass. Photo: Crested Butte Mountain Resort.

• Vail Resorts will acquire 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.
• In a separate transaction, Vail Resorts will acquire Stevens Pass Resort in Washington State.
• Upon closing, Epic Pass and Whistler Blackcomb Edge Card products will now include additional access to all four resorts for the 2018-19 winter season, providing even more variety and options in New England, Colorado, and the Pacific Northwest.
• Vail Resorts plans to invest $35 million in total capital across the four resorts over the next two years.

Crested Butte viewed from town- Photo b JC Leacock - Crested Butte Mountain Resort.
Crested Butte Mountain Resort viewed from town- Photo b JC Leacock – Crested Butte Mountain Resort, now recently purchased by Vail Resorts.

As per a new press release by Vail Resorts, as of today, June 4, 2018,  Vail Resorts, Inc. (NYSE: MTN)  has entered into an agreement to purchase 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. The Company will purchase Triple Peaks, LLC from the Mueller family for a purchase price of $82 million, subject to certain adjustments. At closing, Triple Peaks will pay $155 million to pay off the leases that all three resorts have with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate, with funds provided by Vail Resorts.

Continue reading “Vail Resorts to acquire Crested Butte Mountain Resort, Okemo Mountain Resort, and Mount Sunapee Resort , and also Stevens Pass Resort in a separate transaction.”

Crested Butte Mountain Resort, Okemo Mountain Resort and Mount Sunappe Resort are EPIC.

Crested Butte is one of the last additions to the EPIC Pass. Photo: Crested Butte Mountain Resort.
  • Crested Butte, Okemo and Mount Sunapee join the Epic Pass beginning with the 2018-19 winter season in a long-term alliance.
  • Epic, Epic Local and Epic Australia pass holders will receive seven days of skiing and snowboarding at each of the three resorts with no blackout dates for a total of 21 days.
  • Epic 7-Day pass holders can use any or all of their seven days and Epic 4-Day pass holders can use any or all of their four days of skiing and snowboarding with no blackout dates at the three resorts.
  • Epic, Epic Local, Epic Australia, Epic 7-Day and Epic 4-Day pass holders will receive 50 percent off lift tickets after their respective days have been redeemed.
  • Crested Butte Peak Pass Plus and Peak Pass holders; Okemo Ultimate, Classic and Gold Pass holders; and Mount Sunapee Full Ride and Skiing Is For Life Pass holders will receive 50 percent off lift tickets at all Vail Resorts owned mountain resorts.



Booking.com

Vail Resorts, Inc. announced today that Crested Butte Mountain Resort in Colorado, Okemo Mountain Resort in Vermont and Mount Sunapee Resort in New Hampshire will join the industry-leading Epic Pass in a long-term alliance beginning in the 2018-19 winter season, bringing the total to 64 mountain resorts in 11 states and provinces and eight countries for skiers and snowboarders. Epic, Epic Local and Epic Australia will receive seven days of skiing and snowboarding with no blackout dates at each of the three resorts for a total of 21 days. Epic 7-Day pass holders can use any or all seven of their total days and Epic 4-Day pass holders can use any or all four of their total days of skiing and snowboarding with no blackout dates at the three resorts.

 

Okemo is also now EPIC.
Okemo is also now EPIC.

Continue reading “Crested Butte Mountain Resort, Okemo Mountain Resort and Mount Sunappe Resort are EPIC.”

The famous Epic Pass is getting 10 years old this year and has launched its rates for the 2018-19 ski season.

Whistler sunset- Photo by Paul Morrison - Vail Resorts.

The EPIC pass offers access to 61 ski areas in 8 countries. The IKON Pass, its contender, goes now head to head with the EPIC Pass.

What is new this year with the EPIC Pass:
• New for 2018-19, Epic Pass holders receive limited access to Telluride in Colorado, Hakuba Valley in Japan and Resorts of the Canadian Rockies across Canada, bringing the worldwide resort access total to 61.
• In celebration of the 10th Anniversary of the Epic Pass, Vail Resorts is honouring its heritage with the U.S. Army’s 10th Mountain Division with a $99 Military Epic Pass and a $1 donation for every 2018-19 season pass sold to Wounded Warrior Project.
• Vail Resorts season passes offer a number of unique advantages over other industry passes, from direct to lift access to discounted tickets for family and friends
United States. Canada. Australia. Japan. France. Switzerland. Italy. Austria. No other season pass gives skiers and snowboarders access to so many celebrated resorts around the world than the Epic Pass, including unlimited, unrestricted access to 15 mountain resorts and limited access to 46 more. Priced at $899 for the 2018-19 winter season, the Epic Pass remains unmatched in the mountain resort industry for the variety and value it offers skiers and snowboarders.



Booking.com

New for next winter, the Epic Pass will feature access to Telluride in Colorado; Hakuba Valley’s nine ski resorts in Japan; and Resorts of the Canadian Rockies across Canada, including Fernie Alpine Resort, Kicking Horse Mountain Resort and Kimberley Alpine Resort in British Columbia, Nakiska in Alberta, and Mont Sainte Anne and Stoneham in Quebec, all in a long-term alliance.

Continue reading “The famous Epic Pass is getting 10 years old this year and has launched its rates for the 2018-19 ski season.”

Telluride joins the EPIC pass in what is another chapter of the saga of two giants to get the biggest market share in North America.

Main street downtown Telluride - Photo credits: Telluride Ski Resort.

In what is another chapter of this saga of the two giants trying to get the biggest slice of the cake, Vail Resorts adds Telluride as one of the resorts you can ski if you purchase the Epic Pass.

Telluride gondola - Photo by Telluride Ski Resort
Telluride gondola – Photo by Telluride Ski Resort

As per Vail Resorts website, they have entered a “long-term alliance” with Telluride Ski Resort in Colorado, adding it to the Epic Pass starting in 2018-19. The Epic Pass now offers access and benefits to a total of 46 mountain resorts worldwide.

Continue reading “Telluride joins the EPIC pass in what is another chapter of the saga of two giants to get the biggest market share in North America.”