Michigan-based Boyne Resorts has completed its purchase of six ski resorts from Maine to British Columbia that it was operating under long-term lease agreements.
CEO Stephen Kircher called the closing with Oz Real Estate this week “exceptionally gratifying” because he’d long wanted to own the properties outright.
Boyne now owns Brighton Resort near Salt Lake City; Cypress Mountain in British Columbia; Loon Mountain in New Hampshire; Sugarloaf and Sunday River in Maine; and The Summit at Snoqualmie near Seattle. Also included is the scenic Gatlinburg Sky Lift in Gatlinburg, Tennessee.
Terms of the deal weren’t disclosed.
Boyne also has three ski resorts in Michigan and the Big Sky Resort in Montana. In a statement, the company described its portfolio as the most geographically diverse among North American ski companies.
Send questions/comments to the editors.
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have a commenting profile? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login first for digital access. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.