Vail Acquires Park City Mountain Resort

Posted by Erik Asarian on Thursday, September 11th, 2014 at 2:57pm.

 
In long-awaited news, it was announced today that Vail Resorts has acquired Park City Mountain Resort for $182.5M in cash.
 
The acquisition settles all litigation between the parties, and the dispute will no longer pose any future threat or disruption of future resort operations.

Vail Resorts intends to connect Park City Mountain Resort and Canyons for the 2015-16 ski season, which would create the largest single ski resort in the United States of America with over 7,000 skiable acres.  The proposed resort connection is subject to regulatory approvals.
 
Mountain operations of Park City Mountain Resort and Canyons Resort will remain separate for the 2014-15 ski season.  However, Epic Pass season pass holders will have access to PCMR this coming ski season.
 
Print

Leave a Comment

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2021 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing information through this website is made available by Keller Williams PC-Mtn Resort as a member of the Park City Board of Realtors® multiple listing service. No other entity, including a brokerage firm or any franchisor, may be listed in place of the specific Listing Broker on the foregoing notice. Terms of Use

Listing information last updated on April 20th, 2021 at 10:58am MDT.