Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.

Crested Butte. Colorado, photo credit Robb Pennie. Crested Butte is now part of Vail Resorts and is EPIC, with Okemo Mountain Resort and Mount Sunapee Resort.

Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.

  • The Epic Pass, Epic Local Pass and Military Epic Pass now include unlimited, unrestricted access to Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort for the 2018-19 season
  • Passes for the 2018-19 season are currently on sale, with prices increasing Oct. 7
Okemo resort is one of the resorts sold by the Mueller's to Vail Resorts. Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort are now EPIC.
Okemo resort is one of the resorts sold by the Mueller’s to Vail Resorts. Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort are now EPIC.

Vail Resorts, Inc. (NYSE: MTN) today announced that the Company has closed on its acquisition of 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 purchased Triple Peaks from the Mueller family for a final purchase price of approximately $74 million, after adjustments for certain agreed-upon terms. As part of the transaction and with funds provided by Vail Resorts, Triple Peaks paid off $155 million in leases that all three resorts had with Ski Resort Holdings, LLC, an affiliate of Oz Real Estate.
Continue reading “Vail Resorts closes it acquisition of Okemo Mountain Resort, Mount Sunapee Resort and Crested Butte Mountain Resort.”

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.”