Alterra Mountain Company Closes on Crystal Mountain Resort in Washington
October 1, 2018
Expanding Regional Access to the Company’s Family of Destinations
DENVER–(BUSINESS WIRE)–Alterra
Mountain Company announces that it has closed on the purchase of
Crystal Mountain Resort in Washington, which brings the company’s total
to 14 year-round mountain destinations throughout North America,
including the world’s largest heli-skiing operation.
“With the acquisition of Crystal Mountain Resort, we are able to offer
the Ikon Pass community a true big mountain experience in the Pacific
Northwest at Washington’s premier destination,” said Rusty Gregory,
Chief Executive Officer of Alterra Mountain Company. “I’m excited to
welcome each and every member of Crystal Mountain’s team into our family
at Alterra Mountain Company.”
Crystal Mountain Resort is available on the Ikon
Pass for winter 2018/2019. Access is unlimited with no blackout
dates on both the Ikon Pass and Ikon Base Pass.
Situated in the Northeast edge of Mt. Rainier National Park, Crystal
Mountain Resort is less than two hours from the Seattle-Tacoma
International Airport (SEA) and boasts the largest and highest
lift-serviced terrain in Washington. The mountain offers skiers and
riders a gondola and 10 lifts, 57 runs, and a vertical drop of 3,100
feet across 2,600 acres. The village is home to a number of lodging
properties, shops, services and year-round activities.
Alterra Mountain Company’s destinations offer premium ski, snowboard and
all-season activities for those who seek adventure, freedom, and fun in
the great outdoors. Current destinations that make up Alterra Mountain
Company are spread throughout six states and three Canadian provinces:
Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine
Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in
California; Stratton in Vermont; Snowshoe in West Virginia; Crystal
Mountain Resort in Washington; Tremblant in Quebec, Blue Mountain in
Ontario; Deer Valley Resort and Solitude Mountain Resort in Utah; and
CMH Heli-Skiing & Summer Adventures in British Columbia. Alterra
Mountain Company was created when affiliates of KSL Capital Partners,
owners of Squaw Valley Alpine Meadows, and affiliates of Henry Crown and
Company purchased Intrawest, Mammoth Resorts, and Deer Valley Resort in
2017.
Alterra Mountain Company leaders are charged with the responsibility to
respect each destination’s unique culture and personality by taking
exceptional care of our mountains and the people who live and play in
them.
In January 2018, Alterra Mountain Company introduced the Ikon
Pass for winter 2018-2019, the new standard in season passes. The
Ikon Pass offers skiers and riders access to 36 mountain destinations
throughout North America, Australia and Japan, including 14 Alterra
Mountain Company destinations, plus 22 partner destinations.
About Alterra Mountain Company
Alterra Mountain Company is a family of 14 iconic year-round
destinations, including the world’s largest heli-ski operation, offering
the Ikon Pass, the new standard in season passes. The company owns and
operates a range of recreation, hospitality, real-estate development,
food and beverage and retail businesses. Headquartered in Denver,
Colorado with destinations across the continent, Alterra Mountain
Company is rooted in the spirit of the mountains and united by a passion
for outdoor adventure. Alterra Mountain Company’s family of diverse
playgrounds spans six U.S. states and three Canadian provinces:
Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine
Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in
California; Stratton in Vermont; Snowshoe in West Virginia; Crystal
Mountain Resort in Washington; Tremblant in Quebec, Blue Mountain in
Ontario; Deer Valley Resort and Solitude Mountain Resort in Utah; and
CMH Heli-Skiing & Summer Adventures in British Columbia. Alterra
Mountain Company honors each destination’s unique character and
authenticity and celebrates the legendary adventures and enduring
memories they bring to everyone. For more information, please visit www.alterramtnco.com.
About Crystal Mountain Resort
Crystal Mountain Resort is situated on the northeast corner of Mt.
Rainier National Park, just 76 miles from Seattle. Crystal averages 480
inches of snow annually and is the largest ski area in Washington state
with 2,600 acres of world-class terrain. The destination is open during
the winter months for skiing, snowboarding and snowshoeing. During the
summer guests can enjoy scenic rides on the Mt. Rainier Gondola along
with mountain-top dining and a multitude of other activities. Crystal
Mountain Resort is located in the Mt. Baker-Snoqualmie National Forest
and is a proud partner in recreation with the U.S. Forest Service. For
more information, visit www.crystalmountainresort.com.
About Ikon Pass
The Ikon Pass is the new standard in season passes, connecting the most
iconic mountains across North America, Australia and Japan, delivering
authentic, memorable snow adventures. Brought to you by Alterra Mountain
Company, the Ikon Pass unlocks access to a community of diverse
destinations you want to ski and ride, including Aspen Snowmass,
Steamboat, Winter Park Resort, Copper Mountain and Eldora in Colorado;
Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big
Bear Mountain Resort in California; Jackson Hole Mountain Resort in
Wyoming; Big Sky in Montana; Stratton, Killington and Sugarbush Resort
in Vermont; Snowshoe in West Virginia; Boyne Highlands and Boyne
Mountain in Michigan; Crystal Mountain Resort and The Summit at
Snoqualmie in Washington; Tremblant in Quebec and Blue Mountain in
Ontario, Canada; SkiBig3 in Alberta, Canada; Revelstoke Mountain Resort
and Cypress Mountain in British Columbia, Canada; Sunday River and
Sugarloaf in Maine; Loon Mountain in New Hampshire; Taos Ski Valley, New
Mexico; Deer Valley Resort, Solitude Mountain Resort, Brighton Resort,
Alta, and Snowbird in Utah; Thredbo in Australia; and Niseko United in
Japan. Special offers are available at CMH Heli-Skiing & Summer
Adventures, the world’s largest heli-skiing operation. For more
information on the Ikon Pass, please visit www.ikonpass.com.
Contacts
The Ashima Group
Amelie Bruzat
amelie@theashimagroup.com