Intrawest Sell Copper Mountain
Intrawest Sell Copper Mountain
Published : 21-Nov-2009 09:24
Intrawest have sold one of their three Colorado resorts, Copper Mountain, to Utah based Powdr Corp for an undisclosed sum.Intrawest continue to operate Steamboat and Winter Park in Colorado, Stratton in Vermont and four Canadian resorts, including flagships Whistler Blackcomb on the West and Mont Tremblant on the East, however it's empire is continuing to diminish with on-going financial problems caused by the economic slowdown. It sold its two European ski resorts at Les Arcs and Flaine in France earlier this year. Tri-area passes offered by Intrawest for its Colorado resorts this autumn will still be valid despite the ownership change at Copper.
Powdr Corp continues to expand and now operates eight US resorts, from coast to coast, including Boreal, California, one of the first areas to open this winter, 2002 Olympic venue Park City in Utah, Mt Bachelor in Oregon, the Las Vegas ski resort in Nevada and Killington in Vermont. Copper Mountain is the company's first Colorado resort however.
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