Main content

Resistance is Futile: Vail Resorts to bring Mount Snow into the fold and other Peak Resorts

Image of blue bubble chairlift with skiers on it at Mount Snow in Vermont.

The blue bubble chair at Mount Snow in Vermont.

Vail Resorts announced today its plans to purchase Peak Resorts, a group of 17 ski areas that includes Mount Snow in southern Vermont.

The acquisitions include Mount Snow, Hunter Mountain in New York, three resorts in New Hampshire (Attitash, Wildcat and Crotched) five in Pennsylvania (Liberty, Roundtop, Whitetail, Jack Frost and Big Boulder), four in Ohio (Alpine Valley, Boston Mills, Brandywine and Mad River), two in Missouri (Hidden Valley and Snow Creek) and Paoli Peaks in Indiana.

With Mount Snow, Vail Resorts will own three properties in Vermont. The ski industry giant bought Okemo Mountain in Ludlow last year and Stowe Mountain Resort in 2017.

The Denver Post reports Vail will be acquiring all of Peak Resorts’ outstanding stock at $11 per share with an aggregate purchase price of about $264 million. The sale is subject to regulatory review and shareholder approval. The sale is expected to close this fall.

The resorts are expected to be under the huge umbrella of the Epic Pass season pass program for the coming winter. By adding 17 ski areas to its portfolio, Vail will own an incredible 34 resorts across the United States.

In a press release Vail Resorts said that once the deal is finalized, it will invest $15 million over the next two years to “elevate the guest experience” at the resorts. 

Molly Mahar, president of the Vermont Ski Areas Association, told Vermont Public Radio, "I think overall Vail is pretty progressive when it comes to marketing their resorts so I think we would see more skiers coming to Vermont.”

Vail said  "synergies" will come from "the elimination of certain duplicative administrative functions and greater efficiencies brought by Vail Resorts’ size and scale." 

Reaction on social media

Vermont's Mad River Glen was quick to point out this morning that the Mad River ski area that is part of the sale is not the Mad River ski area in the Green Mountain State. The ski area's Facebook post included: "We have always marched to the beat of our own drum and look forward to making our own music for years to come."

Magic Mountain in southern Vermont tweeted: "Does Vermont really want more if its east coast skiers headed West spending loads of money at Vail properties, hotels, restaurants when there is great skiing & nightlife right here? (Asking for a friend) #skitheeast#skivt#skilocal"

Sugarbush in northern Vermont tweeted: "Proudly independent. 60 years and counting."

Share This Blog Post

Latest posts

Photo of a ski swap with people looking at lots of skis

SkiMaven’s 2021 list of Vermont ski swaps

Posted 9/7/21

Updated 9/22/2021 PM When there's a chill in the air and we start to reach for fleece layers, that's a sure sign that ski swaps will soon take place in Vermont! Here's our annual round-up of ski…

Photo of a skier moving through the woods with blue sky

Spring has sprung! Gotta make the most of the snow!

Posted 3/20/21

We're looking at a stretch of sunny (yay!) and warm (not so yay!) weather in Vermont. Better get out on the snow while we have it! Forty-six inches of snow at the stake atop Mt. Mansfield. That's…

Photo of mountain view while Nordic skiing on February 8

Bring on the snowstorms, March! We know you can do it!

Posted 3/3/21

Recently we've been enjoying the snow any way we can — from powdery goodness to challenging crust.  This morning after a thaw-and-freeze cycle, it was nice to cross-country ski on groomed trails with…

Photo of thick rime ice on branches in the woods

Now more than ever, we’re so grateful for snow!

Posted 2/5/21

We’ve been clicking into our skis a few times a week lately. We especially like getting out on the snow before we work from home. It's such a great way to start the day. Here in northern Vermont the…