Alterra Buys Schweitzer

[thetrailboss]

The buying spree continues. Note that the deal ONLY includes the ski operations and NOT the real estate development, which the seller is retaining.

Alterra Buys Schweitzer

Alterrra Mountain Company today announced an agreement to acquire Schweitzer Mountain Resort, the largest ski mountain in Idaho. Already an Ikon Pass partner, Schweitzer features a fleet of nine ch…

liftblog.com

 

[machski]

The buying spree continues. Note that the deal ONLY includes the ski operations and NOT the real estate development, which the seller is retaining.

Alterra Buys Schweitzer

Alterrra Mountain Company today announced an agreement to acquire Schweitzer Mountain Resort, the largest ski mountain in Idaho. Already an Ikon Pass partner, Schweitzer features a fleet of nine ch…

liftblog.com

So, basically like Vail's Stowe deal.

 

[thetrailboss]

So, basically like Vail's Stowe deal.

Yep. I have to wonder if Alterra feels as jilted as Vail did with Stowe. My understanding is that Vail was peeved to not have a shot at the real estate.

 

[jaytrem]

Alterra gets all the good ones! If it had to happen, I'm happy for the locals that it wasn't Vail.

 

[KustyTheKlown]

i went to schweitzer during 2021-2022. awesome mountain. sandpoint is a chill little town.

this makes moving to spokane look ok

 

[thebigo]

i went to schweitzer during 2021-2022. awesome mountain. sandpoint is a chill little town.

this makes moving to spokane look ok

Have thought long and hard about relocating to the pacific northwest when the kids are out of the house. Problem with Spokane is average <1'' of rain combined during July and August. Northern New England average is around 6 - 7'' during that time period. I hate drought and for some reason wildfire scares the shit out of me.

Washington west of the Cascades would be good but there is no actual town remotely close to skiing. Hood river is a cool town but out due to Oregon income tax. If only there was a cool town between Crystal and White Pass. Going to be in Portland in a few weeks, plan to take a day and drive around south east Washington.

 

[mbedle]

Yep. I have to wonder if Alterra feels as jilted as Vail did with Stowe. My understanding is that Vail was peeved to not have a shot at the real estate.

I'm not really sure how much real estate they would have actually gotten. Spruce peak was pretty close to full build out except for the One Spruce Peak and some private residences. The Lodge was already sold and operated by a major chain. They might have been a little pissed they didn't get the Toll House base land, but I'm not sure how much development would be allowed down there given the fight that took place to get the Spruce development approved.