The owner of Eldora Mountain Resort in Boulder County plans to sell in the coming weeks.
Powdr Corp., which owns multiple ski resorts in the U.S. and Canada, is selling three other resorts: Mt. Bachelor in Oregon, SilverStar in British Columbia and Killington and Pico ski areas in Vermont.
The Salt Lake City-based company will keep Copper Mountain, in Colorado, and Snowbird in Utah. It aims to balance its ski business with its two concession contracts in the National Parks and operations of Woodward camps and mountain centers, company spokesperson Stacey Hutchinson said by email.
Eldora will still be on Ikon throughout this season, a Powdr spokesperson said in an emailed statement. All operations at Eldora will remain the same for the upcoming winter season. Future operations will depend on the buyer, according to the statement. The resort is expected to officially go on the market in the coming weeks.
Powdr Corp. is also selling Vermont's Killington Resort and Pico Mountain, the largest mountain resort in New England, to a group of local passholders, the company said Thursday.
Killington said the purchase by local investors represents “a commitment to keeping Killington and Pico in the hands of those who know and love it." The new owners will focus on capital investment, community engagement and sustainability, the resort said.
Powdr bought Killington in 2007. The ski area for years has been one of the stops on the FIS Alpine Ski World Cup tour. Powdr will retain a minority ownership stake and have a seat on the board of directors, it said.
“We believe that local ownership will allow us to be even more responsive to the needs and desires of our community and guests," said Mike Solimano, Killington's president and general manager.
Killington and Pico will also remain on the popular Ikon ski pass, Killington said. There will be no changes to the leadership or management, it said.
Powdr previously owned Alpine Meadows, now called Palisades Tahoe, in California, from 1994 to 2007; Lee Canyon, in Las Vegas, from 2003 to 2023; and Park City Mountain in Park City, from 1994 to 2014, according to Hutchinson.
CPR business reporter Sarah Mulholland contributed to this report.
