DEER VALLEY (ABC4 Utah) – Deer Valley Resort is being purchased by a company so young, they don’t yet have a name. Major players include KSL Capital Partners and Henry Crown and Company. Deer Valley will be the 13th resort added to their portfolio in just three years.
The sale is expected to close by this upcoming ski season, but no word yet on how much the resort will cost.
Deer Valley General Manager Bob Wheaton says the sale is a good thing for customers. “It’s going to unlock some doors as far as future opportunities, we mentioned pass products and perks for season pass holders.”
Through all of the financial changes, Wheaton wants guests to know that Deer Valley will continue to function as is. Ticket sales will go on as normal, and as usual, no snow boards allowed.
“It’s still a very much a focus on a quality experience and part of that quality is to be able to limit ticket sales,” Wheaton explained.
Partner resort Solitude will not change hands and Deer Valley will still participate in all season pass partnerships, for this year at least.
Deer Valley is the only resort in the merger located in Utah. Other resorts include:
- Squaw Valley, CA
- Alpine Meadows, CA
- Mammoth Mountain Ski Area, CA
- Snow Summit, CA
- Bear Mountain, CA
- June Mountain, CA
- Steamboat Ski & Resort, CO
- Winter Park Resort, CO
- Blue Mountain Ski Resort, Ontario
- Mont Tremblant Resort, Quebec
- Stratton Mountain Resort, VT
- Snowshoe Mountain Resort, WV