Denver-based company acquires 2nd Utah ski resort
SALT LAKE CITY (AP) — A fast-growing ski resort company is buying another Utah property less than a year after it acquired a ski resort east of Salt Lake City.
The Salt Lake Tribune reports the Denver-based Alterra Mountain Company announced Tuesday the purchase of Solitude Mountain Resort, a 1,200-acre (486-hectare) property in Big Cottonwood Canyon.
Solitude has been owned by Park City’s Deer Valley Resort since 2014. The company acquired Deer Valley Resort in August 2017 but its owners had retained the Solitude resort.
The company called the new acquisition a “tremendous addition to our family of destinations.”
Alterra owns 12 other resorts across California, Colorado, Vermont, West Virginia and Canada.
The company’s growing portfolio of ski areas is beginning to compete with ski giant Vail Resorts, which has 14 ski operations.
Information from: The Salt Lake Tribune, http://www.sltrib.com