Browse: Home / Vail Resorts to Acquire Stowe Mountain

Menu

Skip to content
Header image

Inside Outdoor MagazineLogo

Business Intelligence for the Outdoor Lifestyle

Menu

Skip to content
  • Home
  • About
  • Magazine
    • Issue Archive
    • Industry Directory
    • Product Market Showcase
  • Articles
  • Subscribe
  • Media Kit
  • Contact

Vail Resorts to Acquire Stowe Mountain

Posted by Martin Vilaboy on February 22, 2017 in Market Research, News, Wintersports | 12 Views | Leave a response

Vail Resorts Inc. has entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company Inc., a wholly owned subsidiary of American International Group Inc., for a purchase price of $50 million, subject to certain adjustments. Stowe Mountain Resort will be Vail Resorts’ first mountain resort on the East Coast. The company currently operates 10 mountain resorts and three urban ski areas.

Vail Resorts is acquiring all of the assets related to the mountain operations of the resort, including base area skier services (food and beverage, retail and rental, lift ticket offices and ski and snowboard school facilities) at Mount Mansfield and Spruce Peak. Other facilities such as the Stowe Mountain Lodge, Stowe Mountain Club, Stowe Country Club and certain real estate owned and held for potential future development will be retained by MMC.

READ ALSO:   OIA: Outdoor Tariff Pain Almost $3 Billion

MMC will retain ownership of the Stowe Mountain Lodge at Stowe Mountain Resort, a 312-room hotel and spa, and additional slopeside real estate opportunities.

Operations at the resort for the remainder of the 2016/17 ski season will continue in the ordinary course, as will future summer and winter seasonal hiring. Vail Resorts will be retaining the vast majority of the resort’s year-round staff, said the company. Vail Resorts said it will integrate Stowe Mountain Resort into its Epic Pass and other season pass products for the 2017/18 winter season, subject to the acquisition closing.


RELATED: Walmart Acquires Moosejaw


Email this to someone
email
Share on LinkedIn
Linkedin
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Buffer this page
Buffer
Pin on Pinterest
Pinterest
Posted in Market Research, News, Wintersports | Tagged beka business media, beka publishing, inside outdoor magazine, iomag, outdoor industry, outdoor industry news, outdoor retail, outdoor retail news, outdoor specialty retail, retail, specialty outdoor retail, stowe mountain, stowe mountain resort, vail resorts

Related Posts

2020 Industry Directory→

2019 Industry Directory→

IO_DIR_2018_Cover2018 Industry Directory→

Deliv Doubles Same Day Delivery Footprint→

  • LinkedIn
  • RSS Feed
  • Twitter

Countdown to...

Ad

Featured

  • 2020 Industry Directory

    November 19, 2019 / Martin Vilaboy
  • Inside Outdoor Fall 2019

    November 15, 2019 / mitch
  • Inside Outdoor Summer 2019

    June 14, 2019 / Matt O'Brien
  • Inside Outdoor Spring 2019

    May 7, 2019 / Matt O'Brien
  • Inside Outdoor Winter 2019

    January 30, 2019 / Beka Staff
  • Popular
  • Recent
  • Comments
  • Helly Hansen Expands “Ski Free” Program to 28 Resorts

    7242 views / Posted October 5, 2015
  • AnaJet’s RICOH Ri 1000 Printer Turns Heads at Outdoor Retailer Winter Market

    4230 views / Posted November 21, 2018
  • Backwoods Files for Bankruptcy

    4225 views / Posted November 15, 2016
  • Inside Outdoor Fall 2018

    2431 views / Posted November 5, 2018
  • Inside Outdoor Summer 2018

    2080 views / Posted July 23, 2018
  • Yakima Acquires Road Shower

    December 5, 2019 / Martin Vilaboy
  • Grip Promoted to U.S. President at Marker Dalbello Völkl

    December 5, 2019 / Martin Vilaboy
  • Thanksgiving Weekend Draws Nearly 190 Million Shoppers

    December 4, 2019 / Martin Vilaboy
  • Kahtoola Signs Terra PR as Communications Partner

    December 4, 2019 / Martin Vilaboy
  • Goldwin Opens First U.S. Flagship

    December 3, 2019 / Martin Vilaboy
  • Author Image
    Matt Sciacqua on Dick’s Launches DSG House Brand1 % ?
  • Author Image
    Joe Outdoor on OIA Quantifies Trade War ImpactWhat about the cost of…
  • Author Image
    Julie Singh on New Gear Rental Marketplace LaunchedThank you Inside Outdoor! Visit…
  • Author Image
    Richard Gaston on Black Diamond Executive Chairman Buys Mountain KhakisThe Perry boys are awesome!!!…
  • Author Image
    deborah izzo on Xterra Wetsuits Founders Buys Back CompanyWorst company I've ever had…

Calendar

December 2019
S M T W T F S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031  

Upcoming Shows

Outdoor Retailer Summer – Denver, CO June 17-20th, 2019

Outdoor Retailer Winter –  Denver, CO Nov 5-8th, 2019

2019 Outdoor Shows

Affiliate Blogs

  • TravelChair Blog
  • The Safest Way to See Blog

Categories

  • .ORGs
  • Articles
  • Associations
  • Awards
  • Climbing
  • Component Suppliers
  • Endurance
  • Events
  • Green
  • Industry Directory
  • Issue Archive
  • Magazine
  • Magazine Reports & Regulars
  • Market Research
  • National Parks
  • News
  • Paddlesports
  • Product Market Showcase
  • Product Vendors
  • Recall
  • Rep/Distributors
  • Retail
  • Trail & Camp
  • Uncategorized
  • Wintersports

News Archives

Copyright © 2019 Inside Outdoor Magazine

Menu

Get information and advice, in addition to, the requisite industry movements, trends and product innovations straight to your inbox, for free, all year round:

You're signed up!