Vail Resorts acquires Northstar
Northstar-at-Tahoe village
Vail Resorts has acquired Northstar-at-Tahoe resort in a $63 million sale from previous operators Booth Creek Resort Properties LLC.
California’s Northstar becomes the sixth ski area to fall under the Vail Resorts banner. The company also manages Heavenly in California, as well as Breckenridge, Vail, Beaver Creek and Keystone in Colorado.
Chairman and chief executive officer of Vail Resorts Rob Katz, said: ‘We are thrilled by the opportunity to bring Northstar-at-Tahoe into our family of world-class mountain resorts. It has been one of the fastest growing mountain resorts over the past few years.’
Northstar is a pleasant, woody resort on the north side of Lake Tahoe. The 90 or so trails, eight freestyle areas and 19 lifts offer good variety to visitors. The resort is also undergoing something of a major redevelopment too: a new base village and swanky Ritz-Carlton hotel, recently installed gondola, redesigned nursery slopes and a Burton Stash eco terrain park.
Vail Resorts plans to make full use of its new addition by introducing shared lift pass and other deals between Northstar and Heavenly; so visitors can ski both resorts. Also, Northstar-at-Tahoe will become part of the Epic Pass system, the main version of which covers all Vail Resorts destinations as well as Arapahoe Basin and Sierra-at-Tahoe. The pass is a good value option for anyone planning to spend more than a week in several of these resorts (or multiple visits during the season).
Links: www.northstarattahoe.com
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