ALTERRA MOUNTAIN COMPANY CLOSES ON CRYSTAL MOUNTAIN RESORT IN WASHINGTON
Expanding Regional Access to the Company's Family of Destinations
DENVER, CO, October 1, 2018 – Alterra Mountain Company announces that it has closed on the purchase of Crystal Mountain Resort in Washington, which brings the company's total to 14 year-round mountain destinations throughout North America, including the world's largest heli-skiing operation.
"With the acquisition of Crystal Mountain Resort, we are able to offer the Ikon Pass community a true big mountain experience in the Pacific Northwest at Washington's premier destination," said Rusty Gregory, Chief Executive Officer of Alterra Mountain Company. "I'm excited to welcome each and every member of Crystal Mountain's team into our family at Alterra Mountain Company."
Crystal Mountain Resort is available on the Ikon Pass for winter 2018/2019. Access is unlimited with no blackout dates on both the Ikon Pass and Ikon Base Pass.
Situated in the Northeast edge of Mt. Rainier National Park, Crystal Mountain Resort is less than two hours from the Seattle-Tacoma International Airport (SEA) and boasts the largest and highest lift-serviced terrain in Washington. The mountain offers skiers and riders a gondola and 10 lifts, 57 runs, and a vertical drop of 3,100 feet across 2,600 acres. The village is home to a number of lodging properties, shops, services and year-round activities.
Alterra Mountain Company's destinations offer premium ski, snowboard and all-season activities for those who seek adventure, freedom, and fun in the great outdoors. Current destinations that make up Alterra Mountain Company are spread throughout six states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Crystal Mountain Resort in Washington; Tremblant in Quebec, Blue Mountain in Ontario; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia. Alterra Mountain Company was created when affiliates of KSL Capital Partners, owners of Squaw Valley Alpine Meadows, and affiliates of Henry Crown and Company purchased Intrawest, Mammoth Resorts, and Deer Valley Resort in 2017.
Alterra Mountain Company leaders are charged with the responsibility to respect each destination's unique culture and personality by taking exceptional care of our mountains and the people who live and play in them.
In January 2018, Alterra Mountain Company introduced the Ikon Pass for winter 2018-2019, the new standard in season passes. The Ikon Pass offers skiers and riders access to 36 mountain destinations throughout North America, Australia and Japan, including 14 Alterra Mountain Company destinations, plus 22 partner destinations.