Park City, UT – The fur is flying in both Utah and Colorado over American Skiing Company’s pending sale of its last remaining ski resort, The Canyons near Park City, Utah, to Talisker Corporation. Vail Resorts, one of America’s largest ski resort operators, has filed suit over American Skiing Company’s pending sale of The Canyons … Continue reading Vail Resorts Sues Over American Skiing Sale of The Canyons
New York, NY – Hypo Real Estate Capital Corporation (HRECC), a member of Hypo Real Estate Group, this week announced it closed a $520 million four-year mortgage loan for the acquisition and development of the new Snowmass Base Village located at Snowmass ski and snowboard resort near Aspen, Colorado. This transaction closed on March 1, … Continue reading $520M Mortgage Secured for Snowmass Ski Village Development
Las Vegas, NV – Las Vegas WET, LLC, a company formed to create a massive complex including not only an indoor ski and snowboard resort, but also two hotels, an arena, surfing, performing arts center, retail, restaurants, and the largest indoor waterpark in North America in the southern Nevada desert, made an offer to acquire … Continue reading Planned Las Vegas Indoor Ski Resort to Acquire Over 200 Acres on South Strip
Whistler (BC), Canada – Like a global warming-impacted glacier, the mountain has retreated from the cities of Toronto, Montreal and Calgary, but for one lucky winner of the Old Spice Experience contest, the retreat is only temporary, and she’ll soon be in hot pursuit of the big mountain experience. n Anne-Claire Villeneuve, of Montreal, took … Continue reading Old Spice Rail Jam Finalists Head to Whistler
Ludlow, VT – Jibbers, huckers and groms will gather Saturday, February 10, as Okemo Mountain Resort hosts “The Main Event” East Coast snowboard series. This slopestyle competition welcomes both amateur and professional riders for the third and final series location prior to the finals at Loon Mountain February 25. n The Main Event will take … Continue reading Okemo Hosts The Main Event Snowboard Series Saturday
Broomfield, CO – Vail Resorts, Inc. (NYSE:MTN) today announced financial results for the first quarter of fiscal 2007 ended October 31, 2006, including a 21% increase in season pass sales over same period in the prior year and strong advance bookings for the 2006-07 ski and snowboard season. At the same time, the company announced … Continue reading Vail Logs 21% Increase in Season Pass Sales, Reports Strong Early Ski Season Bookings
Newark, NJ – Colony Capital Acquisitions, LLC has completed its recapitalization of the Meadowlands Xanadu, taking over from the Mills Corporation the new project that will bring indoor skiing to northern New Jersey as the first snow dome in North America. The giant 2.2 million square-foot development will feature sports, leisure, shopping and family entertainment … Continue reading N.J. Indoor Skiing Project Refinanced