quote:
BROOMFIELD, Colo.—Feb. 21, 2017—Vail Resorts, Inc. (NYSE: MTN) today announced that on Feb. 17, 2017, it entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company, Inc. (MMC), a wholly owned subsidiary of American International Group, Inc. (AIG), for a purchase price of $50 million, subject to certain adjustments. Stowe Mountain Resort will be Vail Resorts’ first mountain resort on the East Coast and complements the Company’s network of 10 world-class mountain resorts and three urban ski areas.

quote:
Vail Resorts looks forward to integrating Stowe Mountain Resort into its Epic Pass and other season pass products for the 2017-18 winter season, subject to the acquisition closing. With the Epic Pass, Vermont skiers and snowboarders will have unlimited access locally at Stowe at an attractive price as well as the best of the West at Vail, Beaver Creek, Breckenridge and Keystone in Colorado; Park City in Utah; Heavenly, Northstar and Kirkwood in Tahoe; and Whistler Blackcomb in British Columbia, Canada.

This post was edited on 2/21/17 at 10:31 am

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Posted by AbitaFan08

Boston, MA

Member since Apr 2008

26522 posts

Posted on 2/21/17 at 10:32 am to ColoradoAg03

That's really interesting. I hope it doesn't change the dynamic of Stowe too much - that's a great quiet Vermont town that I'd hate to see become super commercialized.

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Posted by SnowAubie

Member since Dec 2016

347 posts

Posted on 2/21/17 at 10:53 am to ColoradoAg03

Really curious to see how the Epic pass is structured for next season and if they offer any new deals. The Max pass and RMSP I feel have stepped up their passes this past season especially the RMSP with the kids ski free pass for early bird buyers. I had been an epic pass holder for years but switched to RMSP as it was cheaper, came with a free pass for my son and I could get away from the I-70 crowds(have been to steamboat and crested butte so far this season). A lot of people complain about Vail Resorts for various reasons but the way they have changed the season pass game and made it more affordable has been great in my book.

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