Utah spring skiing is so spectacular right now thanks to fresh powder, bluebird days, and warmer temperatures. Spring is a beautiful time around here. Soak it in!
Check out this list of fun things to do in Park City while the spring is here!
Utah spring skiing is so spectacular right now thanks to fresh powder, bluebird days, and warmer temperatures. Spring is a beautiful time around here. Soak it in!
Check out this list of fun things to do in Park City while the spring is here!
Tags: Park City, park city mountain resort, spring skiing, ski Park City
Posted in General, Park City, Utah, Park City News, Mountain conditions, Park City Lifestyle, Events, Things to do |
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There is only One . Park City, the United States largest ski resort. With over 7,300 acres and 314 runs, Vail Resort has linked two of North Americas greatest ski areas to offer skiers of all abilities access to Utah's legendary snow. Vails $50 million capital improvement plan includes the new Quicksilver Gondola connecting Park City and Canyons, providing skiers and boarders with a wide array of terrain, dining, and après ski venues.
In addition to endless skiing, this resort offers innumerable real estate options from luxurious condominiums at Waldorf Astoria and Hyatt Centric to exquisite townhomes, Vintage on the Strand and Juniper Landing to estate lots and homes in the gated community of The Colony. Whether you're looking for ski-in/ski-out access in a contemporary setting with on-site amenities, or your own private gathering spot, we have a property for you, including new development ski-in, ski-out opportunities at Lift and Apex, and the golf townhomes of Viridian.
The vibrant resort village features year round activity and convenient proximity to Old Town Main Street, the Salt Lake International Airport and a wide range of recreational pursuits.
Tags: Park City, park city mountain resort, Park City Utah, Deb Hartley, ski Park City, Vail Resorts
Posted in General, Park City, Utah, Park City Lifestyle, Things to do |
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Powdr Corp. has sold its Park City Mountain Resort to Vail Resorts, ending a tumultuous year for Utah's most popular ski destination.
"Selling was the last thing we wanted to do, and while we believe the law around this issue should be changed, a protracted legal battle is not in line with our core value to be good stewards of the resort communities in which we operate," Powdr CEO John Cumming said in a statement. "A sale was the only way to provide long-term certainty for PCMR employees and the Park City community. My family and I are extremely grateful to have had the opportunity to play a role in making PCMR what it is today, and we deeply appreciate the dedicated employees and all of the people who have supported us over the years."
The deal requires Vail Resorts to retain Park City Mountain Resort employees.
Powdr owned the Utah resort for more than 20 years, growing it into one of the most popular ski areas in North America.
According to Vail's Press Relesase, with the acquisition, all aspects of the previously disclosed litigation with respect to PCMR have been settled and this dispute will no longer pose any future threat to disrupt the operation of the resort.
"First and foremost, we are very pleased to bring a permanent end to this dispute and provide assurance to the guests and employees of PCMR, and to everyone in the Park City community, that they no longer have to worry about any disruption to the operation of the Resort. This has been a difficult period for everyone involved and I commend John Cumming and Powdr Corp. for helping to find a solution to this situation," said Rob Katz, chairman and chief executive officer of Vail Resorts.
"Park City Mountain Resort is one of the most spectacular mountain resorts and iconic brands in the ski industry and I am proud to have the resort become a part of Vail Resorts. The acquisition will allow us to immediately bring Park City Mountain Resort onto the Epic Pass, which will now offer skiers from across the country and around the world access to 22 resorts. We look forward to working collaboratively with the entire Park City community, as well as city and county officials, as we chart the future for the resort, including how we can best bring the Canyons and Park City ski experiences together to create the largest mountain resort in the United States," he added.
Mountain operations of PCMR and Canyons will remain separate for the 2014-2015 ski season. However, the Epic Pass and Epic Local Pass will be valid at PCMR. All PCMR passes for the 2014-2015 ski season will continue to be honored and can be exchanged or upgraded for a season pass that will also be valid at Canyons. The majority of all lift tickets sold at either resort will be valid at both PCMR and Canyons.
Tags: park city mountain resort, Vail Resorts, Park City Utah ski resort dispute
Posted in Park City News |
0 Responses to "Park City Mountain Resort Sells to Vail for $180 Million."
Ski industry » Cumming family purchases majority interest; Dick Bass to remain chairman.
By Mike Gorrell The Salt Lake Tribune
At age 84, Texas oilman and mountaineer Dick Bass found his body could no longer tolerate the thin, 8,500-foot air at Snowbird Ski & Summer Resort, which he helped found in December 1971.
So Bass announced Monday he had sold majority interest in the Little Cottonwood Canyon resort to Ian Cumming, a businessman intimately familiar with Utahs ski industry since his family owns Park City Mountain Resort (PCMR).
The price and terms of the deal were not disclosed.
The sum is likely to be substantial, if recent resort sales are indicative. When Vail Resorts went on a recent buying spree, it paid $60 million for Northstar by Lake Tahoein 2010 and, two years later, $18.2 million for Kirkwood in California and $20 million for two small Midwestern resorts. Vails purchase prices were disclosed because it is publicly held, whereas Snowbird and Cumming are private.
Bass, who will remain chairman of Snowbirds board, said in a news release he was pleased that his family and Cummings could join together to direct the resorts future development, including the long-discussed and highly controversial plan to build a restaurant around the Tram terminal atop Hidden Peak.
"This partnership will enable Snowbird to achieve more rapid growth and even greater benefits for our guests," Bass said, and will continue to promote "our founding philosophy of providing a year-round destination mountain resort for the enhancement of body, mind and spirit with our ever-present emphasis on environmental protection and sensitivity." Snowbirds ownership change is the second seismic shock in a year to hit Utahs previously stable ski industry.
Tags: park city mountain resort, Jim Lea, Deb Hartley, Rob Lea, Snowbird resort
Posted in Utah |
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Silver mining put Park City on the map in the late 1800s, but now its chief asset, outside of Robert Redford, is its three ski resorts and thousands of skiable acres. Park City Mountain, at the center of it all, gets as much snow as Colorados biggest resorts, with fewer crowds. On a recent visit at the start of the season, there were no lift lines, and the only sound was the steady hum of chairlift motors, punctuated by the holler of a skier or the dull whoomp of snow falling off trees. For 50 years, Park City Mountain Resort (PCMR) has operated those lifts, groomed the slopes, patrolled the bowls. The resort celebrated its golden anniversary in December with a funk band and fireworks. It has also declared its intent to run the mountain for another 50 years. At the moment, that future is very much in doubt.
PCMR doesnt own all of Park City Mountain. Just up from the base of the Town Lift, an unmarked boundary divides the land that the resort owns around the base from the rest of the land, which it leased until recently from United Park City Mines. In 2003 a Canadian company called Talisker purchased United Park City Mines and, with it, the resort companys lease. The rent was about $155,000 per year, with an option to renew every 20 years until 2051. (Talisker declined to comment for this story.)
Tags: park city mountain resort, Talisker vs Park City Mountain Resort
Posted in Park City News |
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On Sunday, April 19, the 2008-09 ski season officially came to an end when Park City Mountain Resort closed their lifts after extending the season for an extra week. Deer Valley and The Canyons closed one week prior on April 12. Overall, it was a good ski season that was improved with some late April snow that included some of the season's best powder days. For those of you that didn't get enough skiing this season, Snowbird will continue to stay open through Memorial Day weekend (May 25th). Be aware that the lifts are not running everyday so check out the Snowbird website for details.
Tags: park city mountain resort, skiing
Posted in Park City |
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Park City Mountain Resort has just announced that they are extending their 2008-09 ski season by one week through April 19 thanks to eight feet of new snow over the past two weeks. Beginning on Monday, April 12, PCMR will remain open with limited lifts running including First Time, Three Kings, PayDay, Bonanza, Silverlode, Thaynes and Jupiter. Lift tickets have been reduced to $50 (Adult), $35 (Senior) and $30 (Youth). In addition, those skiers and snowboarders that have season passes at either Deer Valley or The Canyons can get a lift ticket for only $20. Enjoy the extra week!
Tags: park city mountain resort, skiing
Posted in Park City |
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