• News
    • VRM Intel News
    • Latest News
    • Sponsor News
  • COVID-19
  • Marketing
  • Tech
  • OTAs
  • Customer Service
  • Regulations
  • Business
  • Housekeeping
  • Subscribe
  • More
    • Calendar of Events
    • VRM Intel Live!
    • Reports Login
    • VRM Intel Magazine
    • Advertise
    • Authors
    • About Us
    • Contact Us
VRM Intel
  • News
    • Arizonans for Responsible Tourism Pregame Prep Campaign
      Arizonans for Responsible Tourism Hosts Super Bowl Preparedness Campaign for Vacation Rental Operators
    • vacation-rentals-housing-vrm-intel
      Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    • Woman dropping off a ballot
      2022 Election Results of Vacation Rental Ballot Measures
    • Recession-Proofing Your Vacation Rental Business
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • VRM Intel News
    • Latest News
    • Sponsor News
  • COVID-19
    • Recession-Proofing Your Vacation Rental Business
    • 2022 Vacation Rental acquisitions from AvantStay, VTrips, Vacasa, Meredith, and more
      Who Sold? Here’s What We Know: 2022 Vacation Rental Management Acquisitions
    • 2021/2022 Ski Destinations Showing Big Performance Gains in ADR and RevPAR for Vacation Homes and Condos
    • “It’s like a short-term rental regulation pandemic.” 2022 Spring Vacation Rental Regulatory Trends + Fall Outlook
    • HR 2022: Attracting Today’s New Workforce after the Resignation Tsunami and the Great Renegotiation
  • Marketing
    • Recession-Proofing Your Vacation Rental Business
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • board meeting in presentation room
      Tourism Boards and DMOs Offer Seat at the Table for Vacation Rentals
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
  • Tech
    • Recession-Proofing Your Vacation Rental Business
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
    • PriceLabs Announces $30 Million Investment from Summit Partners
    • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
  • OTAs
    • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    • Blue Star Acquires Majority Stake in TravelNet Solutions
    • Vacation Rental Data and Revenue Management Conference, DARM 2022, Nashville
      Sessions Details for Upcoming Vacation Rental Data and Revenue Management (DARM) Conference: Livestream/Video Tickets Available
    • Vacasa (VCSA) Stock Falls as Lock-up Period Expires
    • 4 Ways to Stand Out in a Crowded Market: Get Your Brand & Listings in Front of Potential Guests
  • Customer Service
    • Why Not A Hotel? A Guest and Homeowner’s Perspective: There’s No Place Like Home … Or Is There?
    • Leading Proptech Company Guesty Appoints David Aber as CFO
    • Meredith Hospitality Brands Inc. Expands to Mt Hood with Acquisition of Mt Hood Vacation Rentals
    • View of Waikiki from Diamond Head Park, Honolulu, Hawaii
      Honolulu City Council Bans Stays Under 90 Days Across Oahu
    • Are you a Visionary without an Integrator at Your Vacation Rental Management Company?
  • Regulations
    • vacation-rentals-housing-vrm-intel
      Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    • Woman dropping off a ballot
      2022 Election Results of Vacation Rental Ballot Measures
    • voters at a polling center voting
      Dozens of Vacation Rental Ballot Measures Heading to Voters this November
    • board meeting in presentation room
      Tourism Boards and DMOs Offer Seat at the Table for Vacation Rentals
    • Arizona state flag outside the legislature buildings at the state capitol
      Arizona Legislature Passes Measure to Restore Some Power to Cities
  • Business
    • Recession-Proofing Your Vacation Rental Business
    • Geotargeting & SEM: A How-To Guide on Spending Less & Getting More
    • All About the Data: Predictive Indicators with Jason Sprenkle
    • PriceLabs Announces $30 Million Investment from Summit Partners
    • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
  • Housekeeping
    • Why Not A Hotel? A Guest and Homeowner’s Perspective: There’s No Place Like Home … Or Is There?
    • Analysis: “Reinventing” Vacation Rental Management by Alex Nigg
    • HR 2022: Attracting Today’s New Workforce after the Resignation Tsunami and the Great Renegotiation
    • Safety First: Evaluating and Addressing Safety Risks at Your Vacation Rentals
    • The Importance of the Guest Experience within Vacation Rental Operations: From the Back of the House to the Front
  • Subscribe
  • More
    • Calendar of Events
    • VRM Intel Live!
    • Reports Login
    • VRM Intel Magazine
    • Advertise
    • Authors
    • About Us
    • Contact Us
  • RSS

Customer Service for Vacation Rental Professionals

Mammoth Resorts acquired by Aspen Skiing Co.-KSL Capital Alliance

Mammoth Resorts acquired by Aspen Skiing Co.-KSL Capital Alliance
mm
JASON BLEVINS | jblevins@denverpost.com | The Denver Post
April 15, 2017

Deal gives new Aspen Skiing Co.-KSL Capital Partners alliance more than 6,000 acres of southern California ski terrain and challenges Vail Resorts’ dominance in season pass sales.

By JASON BLEVINS | jblevins@denverpost.com | The Denver Post

The new Aspen Skiing Co.-KSL Capital Partners alliance is buying the Eastern Sierra’s Mammoth Mountain, June Mountain, Snow Summit and Bear Mountain, giving the nascent partnership more than 6,000 acres of southern California ski terrain across four resorts that host more than 2 million visits a year. No price was announced, but in 2005 the resort traded hands for $365 million.

Rusty Gregory, the longtime manager and chief executive of Mammoth Resorts, in a statement called the move “the next logical chapter in the story of Mammoth.”

“This new platform, built around a collective passion for the mountains and our commitment to the people who visit, work and live there, is exactly what the ski resort business needs,” Gregory said.

Dropping a mere two days after Aspen Skiing and Denver private equity firm KSL Capital Partners announced they were partnering on a $1.5 billion deal for Intrawest Resort Holdings‘ six ski areas — including Winter Park and Steamboat — Wednesday’s news is nothing short of a shot across the bow of industry giant Vail Resorts.

It was no secret that Vail chief Rob Katz had long pined for Mammoth, with its drive-up proximity to southern California’s more than 23 million residents promising to turbo-charge sales of his company’s popular Epic Pass. It is almost inevitable that the new, yet unnamed partnership between KSL Capital Partners, which owns California’s Squaw Valley Alpine Meadows ski area, and Aspen Skiing, which owns four ski areas in Colorado’s Roaring Fork Valley, will be offering a season pass that will include Aspen Snowmass, Squaw Alpine, Steamboat, Winter Park, Quebec’s Mont Tremblant, Vermont’s Stratton, Ontario’s Blue Mountain and West Virginia’s Snowshoe ski areas.

Maybe not for 2017-18, but a pass rivaling the $869 Epic Pass for 2018-19 seems certain, according to sources close to the deal. In a resort industry that is swiftly abandoning a reliance on real estate sales, season pass revenue is the proven financial engine, as shown by Vail Resorts.

But the previously undisputed dominance of Vail Resorts is threatened with this upstart union of industry veterans. In two days time, Vail Resorts went from virtually invincible in the season pass game — with its newly acquired Whistler Blackcomb and Stowe ski areas opening up new geographic markets on both coasts to grow Epic Pass sales beyond last season’s 650,000 — to nearly matched in a pass battle that will define the rapidly consolidating resort industry. The rivalry between Aspen Skiing-KSL Capital Partners and Vail Resorts will sculpt the industry’s development for decades.

Vail Resorts’ Epic Pass offers unlimited skiing at more than 40,000 acres spread across 11 major resorts in British Columbia, California, Colorado, Utah and Vermont, not counting three urban resorts in the Midwest. A pass offered by Aspen Skiing-KSL Capital Partners would deliver skiing on more than 25,500 acres spread across 15 resorts in four states and Canada.

Aspen Snowmass said earlier this week it was retaining separate operations, while the Intrawest resorts would be folded into the new company. KSL Capital’s Squaw Valley Alpine Meadows resort in the Lake Tahoe region will remain under existing management but will be part of the new partnership with Aspen Skiing.

Read More…

Related Itemsacquiredaspen skiingBear MountatinFeaturedintrawestJune MountatinKSL CapitalMammoth ResortsPurchasedSnow SummitVail Resorts
Click to add a comment

Leave a Reply

Cancel reply

Your email address will not be published. Required fields are marked *

Customer Service for Vacation Rental Professionals
April 15, 2017
mm
JASON BLEVINS | jblevins@denverpost.com | The Denver Post

Related Itemsacquiredaspen skiingBear MountatinFeaturedintrawestJune MountatinKSL CapitalMammoth ResortsPurchasedSnow SummitVail Resorts

More in Customer Service for Vacation Rental Professionals

Why Not A Hotel? A Guest and Homeowner’s Perspective: There’s No Place Like Home … Or Is There?

Ren HinoteJuly 4, 2022
Read More

Leading Proptech Company Guesty Appoints David Aber as CFO

VRM Intel StaffJune 21, 2022
Read More

Meredith Hospitality Brands Inc. Expands to Mt Hood with Acquisition of Mt Hood Vacation Rentals

VRM Intel StaffJune 21, 2022
Read More
View of Waikiki from Diamond Head Park, Honolulu, Hawaii

Honolulu City Council Bans Stays Under 90 Days Across Oahu

Alexa NotaApril 19, 2022
Read More

Are you a Visionary without an Integrator at Your Vacation Rental Management Company?

Steve TroverMarch 24, 2022
Read More

YOUR Memory Factory: Creating Lifetime Memories for Guests with those They Cherish Most

Doug KennedyOctober 16, 2021
Read More
Scroll for more
Tap

Sponsor News

  • Recession-Proofing Your Vacation Rental Business
    BusinessOctober 18, 2022
  • How to Increase Your Occupancy in a Competitive Market through Monthly Rentals
    Industry News for Vacation Rental ManagersSeptember 16, 2022
  • PriceLabs Announces $30 Million Investment from Summit Partners
    BusinessAugust 5, 2022
  • Ximplifi Adds Owner Portal to Automation Suite for Short Term Rental Accounting
    BusinessAugust 4, 2022
VRM Intel
Calendar of Events
Videos & Whitepapers
VRMintel Magazine
Subscribe
Advertise
About Us
Authors
Contact Us

Recent News

  • Arizonans for Responsible Tourism Pregame Prep Campaign
    Arizonans for Responsible Tourism Hosts Super Bowl Preparedness Campaign for Vacation Rental Operators
    Industry News for Vacation Rental ManagersJanuary 18, 2023
  • vacation-rentals-housing-vrm-intel
    Carrots and sticks: Vacation rentals and the creation of affordable, workforce housing
    Industry News for Vacation Rental ManagersDecember 6, 2022
  • Woman dropping off a ballot
    2022 Election Results of Vacation Rental Ballot Measures
    Industry News for Vacation Rental ManagersNovember 11, 2022
  • Recession-Proofing Your Vacation Rental Business
    BusinessOctober 18, 2022

View Current Issue

VRMintel Copyright © 2016-17 | Click HERE to Subscribe | Privacy Policy | Disclaimer | Copyright | Jobs | Facebook | Twitter | LinkedIn

TowneBank acquires Railey Mountain Lakes Vacations
Under the Hood: Sand ‘N Sea, Galveston, Texas

xxx videos

  • mamadas
  • redwap
  • free porn
  • porno gratis