Make it a dozen! Alterra Mountain Co., the 11 month-old company formed by KSL Capital Partners, Aspen Skiing Company’s owner and others, is buying Solitude Mountain Resort in Utah. The Big Cottonwood Canyon destination will become the company’s second Utah property after Deer Valley, which Alterra acquired from the same ownership group last fall. “With its close relationship with Deer Valley Resort, Solitude Mountain Resort is a natural fit for Alterra Mountain Company, and a tremendous addition to our family of destinations,” said Rusty Gregory, Chief Executive Officer of Alterra Mountain Company in a press release. “We are especially excited to expand our reach within Utah and offer another ski and snowboard experience in a state known for its exceptional snow and mountain culture.”
Brighton owner Boyne Resorts attempted to buy Solitude back in 2014 but it was sold to Deer Valley months later. Prior to that, the DeSeelhorst family had operated the resort for more than three decades. Today, Solitude operates a fleet of eight Doppelmayr and CTEC lifts including four detachable quads. Just yesterday, the resort confirmed to me its intention to replace the Sunrise lift with another high-speed quad next summer.
“Joining the impressive group of Alterra Mountain Company destinations Solitude Mountain Resort places in a strong position to grow and enhance Solitude,” said Kim Mayhew, the mountain’s General Manager in a statement. “We are excited about the opportunities for our guests, our staff, and for our community in Big Cottonwood Canyon.” The transaction is expected to close by the end of the third quarter. Terms of the agreement and Ikon Pass access details were not disclosed. Assuming Solitude gets added to Alterra’s 2018-19 season passes upon closing, Ikon passes would include access to 408 lifts at 33 US and Canadian mountains. With Vail’s recent acquisitions and partnerships, the competing 2018-19 Epic Pass is up to 309 lifts at 24 mountains in North America.