The acquisition of Eldora Mountain Resort amplifies Powdr’s Colorado presence
PARK CITY, Utah (June 6, 2016) – As one of the largest, passionate ski operators in North America inspiring every human being to enjoy cool experiences in awesome places, Powdr, the adventure lifestyle company headquartered in Park City, is pleased to announce a new acquisition: Eldora Mountain Resort.
This important addition amplifies Powdr's presence in Colorado and serves as a strategic complement to their other Colorado resort, Copper Mountain. "Colorado's front range is one of the best ski markets in the world. Expanding our footprint here with now two of the most accessible resorts to serve those passionate skiers is an enormous honor," said John Cumming, CEO and owner of Powdr. "Eldora is admired as a leading entry point and training ground for children and beginners. We want to work hard for more people to join us in the adventure-filled world of snow sports."
"I've had the privilege of knowing John Cumming for nearly 30 years," said William Killebrew, previous owner of Eldora. "He has built a great adventure company and has the reputation as an outstanding operator. When we decided to consider selling Eldora, we wanted to put our resort in the best hands possible and Powdr was the first company that came to mind."
Brent Tregaskis, General Manager at Eldora since 2015, will continue to run operations for the resort. "We are very excited to work with Brent and his team to continue to deliver amazing experiences to those that love Eldora," said COO/EVP of Powdr Resorts Tim Brennwald.
There is no pricing change anticipated for Eldora's Super Value Season Pass for the upcoming 2016/2017 season. Eldora is also included in the Rocky Mountain Super Pass Plus season pass program.
About Powdr: Powdr, an adventure lifestyle company, is best known for its eight mountain resorts including Copper Mountain, Killington Resort, Pico Mountain, Mt. Bachelor, Boreal Mountain Resort, Soda Springs Mountain Resort, Lee Canyon and Gorgoza Park. The company also owns Woodward camps and progression centers across the US, events company Human Movement Management, and media company Outside Television. For more information visit www.powdr.com.
About Eldora: Sensational snow, so close. Just 47 miles from Denver, CO and 21 miles from Boulder, CO, Eldora is one of the few Colorado ski resorts on the east side of the continental divide. Located in the beautiful Roosevelt National Forest, there are beginner friendly trails on Little Hawk Mountain, intermediate and advanced trails on Challenge Mountain through Indian Peaks, and expert terrain found in Corona Bowl and West Ridge trail. In addition to alpine skiing, the Eldora Nordic Center also includes 40 km of cross-country skiing and snowshoeing trails, as well as rentals, lessons and packages. For more information visit www.eldora.com.