Boyne Resorts, an all-season resort company in Boyne Falls, today announced it has closed a purchase transaction with Ski Resort Holdings, an affiliate of Oz Real Estate, to acquire six mountain resorts and a scenic chairlift attraction previously leased by the company.
Boyne Resorts has been the long-term operator of the seven assets and owns three resorts in northern Michigan and Big Sky Resort in Montana.
Included in the transaction are Brighton Resort in Big Cottonwood Canyon near Salt Lake City; Cypress Mountain in Vancouver, British Columbia; Gatlinburg SkyLift in Gatlinburg, Tenn.; Loon Mountain Resort in New Hampshire; Sugarloaf and Sunday River Resort in Maine; and The Summit at Snoqualmie near Seattle.
“Having focused for several years on regaining and acquiring ownership of these resorts, today is exceptionally gratifying,” says Stephen Kircher, president and CEO of Boyne Resorts. “We are proud of the achievements reflected in these acquisitions and excited about the opportunities ahead at all of our properties, as well as for our team members, guests, and the communities we are part of.”
Boyne Resorts was founded in 1947 and is the largest mountain resort company in North America based on skier visits. Its mountain property portfolio is the most geographically diverse among all North American ski resort companies. Its Cypress Mountain location in Vancouver was the official freestyle skiing and snowboard venue of the 2010 Olympic Winter Games.
The company also owns the 134-room Inn at Bay Harbor, Bay Harbor Golf Club (The Links, The Quarry, and The Preserve), Crooked Tree Golf Club, The Alpine, The Monument, The Heather, The Moor, Donald Ross Memorial, Arthur Hills, multiple meeting and event spaces, cottages, multiple restaurants, Avalanche Bay Indoor Park, and The Spa at Boyne Mountain, among other offerings.
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