Squaw’s parent company buys Deer Valley
By Jason Blevins, Denver Post
A looming season-pass showdown among Colorado’s ski-industry heavyweights moved closer to reality Monday as the new Aspen Skiing-KSL Capital Partners venture bought Utah’s posh Deer Valley resort.
The purchase adds a key Utah destination to the partnership’s growing portfolio that already included resorts in Colorado, California and elsewhere, and makes a direct challenge to Vail Resorts, the world’s largest resort operator.
The newly formed — and yet unnamed — Denver-based partnership already ranks as North America’s second-largest player in the ski resort world after its formation in April. With the Deer Valley deal, it picked off one of the highest-end ski areas in the world, which sits adjacent to Vail’s sprawling Park City resort complex.