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Stevens is now Epic


Ocean

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Nice find Ocean, seems like Vail is acquiring Okemo and Sunapee as well.

Deal Highlights:

  • 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.
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Here is the link from SAM Magazine (Ski Area Management) on the story of Vail buying into Okemo, Sunapee, et al. Really not interested in skiing at any of Vail’s areas back East here unless someone gives me a free ticket or I win one somewhere. Not interested in the least spending $100 USD plus to stand in line for 30 minutes or more on a weekend for 5 runs. If I wanted to do that I would go to Bromont for a fraction of cost and no exchange rate. If there deals on Liftopia, then there might be a slim chance then I’ll go. Can’t wait till the fall to when the lift ticket prices for Vermont and New Hampshire are published. 

http://l.facebook.com/l.php?u=http%3A%2F%2Fwww.saminfo.com%2Fheadline-news%2F9075-vail-resorts-to-acquire-okemo-crested-butte-stevens-sunapee&h=ATPb743DQIMShfLDncSbLfSS6J6VGYDAM2viQRgdSTBMAd2r1SU7HeWal7nzI1lXWY-g0ExR35_MD-uPFfkyh1sLlPbwEXbDf7lTCJKoYojq&s=1 

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