BROOMFIELD — Vail Resorts Inc. (NYSE: MTN) completed its $1.1 billion acquisition of Whistler Blackcomb in British Columbia, Canada, Oct. 17, giving Broomfield-based Vail Resorts ownership of the largest ski resort in North America.
Vail Resorts operates 10 mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Perisher in Australia; Wilmot Mountain in Wisconsin; Afton Alps in Minnesota and Mt. Brighton in Michigan.
The company announced the deal to buy Whistler Blackcomb in August. Vail paid $513 million in cash, and shareholders of Whistler Blackcomb Holdings received $543 million in Vail Resorts stock.
In celebration of the deal’s completion, Vail Resorts is offering limited access for the 2016-17 winter season, with full access to come for the 2017-18 ski season. All 2016-17 Epic Pass and Epic Local Pass holders will receive five days of skiing and snowboarding at Whistler Blackcomb this winter season. In addition, Whistler Blackcomb Unlimited season pass holders will enjoy five days of skiing and snowboarding at any of Vail Resorts’ U.S. resorts. The full season pass line-up with Whistler Blackcomb for 2017-18 will be announced when those passes go on sale in March 2017.
“We’re thrilled to officially welcome Whistler Blackcomb to our collection of world-class mountain resorts and to be able to offer our Epic Pass and Epic Local Pass holders five ski days at Whistler Blackcomb for this 2016-17 winter season,” said Kirsten Lynch, chief marketing officer of Vail Resorts. “With more than 200 trails, 8,100 acres of terrain and 16 alpine bowls, Whistler Blackcomb offers Epic Pass and Epic Local Pass holders even greater choices in skiing and riding this winter with the best of North America. We look forward to fully integrating Whistler Blackcomb into our Epic Pass and other season pass products for the 2017-18 winter season and will announce those plans in March 2017.”
The five complimentary days of skiing and snowboarding at Whistler Blackcomb with the Epic Pass and Epic Local Pass can take place any time during the 2016-17 winter season, with the exception of the following restricted holiday dates: Nov. 25-26 and Dec. 26-31, 2016; and Jan. 14 and Feb. 18-19, 2017. The days do not have to be used consecutively.
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All 2016-17 Whistler Blackcomb Unlimited Season Pass holders, including the Spirit and Sea to Sky Passes, will receive five complimentary days of skiing and snowboarding at any of Vail Resorts’ U.S. mountain resorts this winter. The five complimentary days at Vail Resorts’ U.S. resorts do not have to be used consecutively and have a handful of restricted holiday dates, including Nov. 25-26 and Dec. 26-31, 2016; and Jan. 14 and Feb. 18-19, 2017.
BROOMFIELD — Vail Resorts Inc. (NYSE: MTN) completed its $1.1 billion acquisition of Whistler Blackcomb in British Columbia, Canada, Oct. 17, giving Broomfield-based Vail Resorts ownership of the largest ski resort in North America.
Vail Resorts operates 10 mountain resorts and three urban ski areas, including Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in the Lake Tahoe area of California and Nevada; Whistler Blackcomb in Canada; Perisher in Australia; Wilmot Mountain in Wisconsin; Afton Alps in Minnesota and Mt. Brighton in Michigan.
The company…
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Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
