Earlier this morning, Deer Valley Resort announced that they are being acquired by KSL/Aspen. Deer Valley, which is consistently rated one of the top 10 ski resorts in North America by Ski Magazine, is located right next to one of Vail Resorts’ biggest acquisitions, Park City Mountain Resort in Utah.
This acquisition is the latest move for the recently created (and rapidly expanding) KSL/Aspen. They now own 17 ski resorts throughout North America, including Stratton in Vermont and Mont Tremblant in Quebec.
Between Vail Resorts and KSL/Aspen, 27 of North America’s ski resorts are owned by just two corporations. Many of these 27 resorts are considered to be among the best in the country, so it’s safe to say that Vail Resorts and KSL/Aspen have a large influence over the country’s ski industry. Of the 27 resorts, only 3 (Stratton, Mont Tremblant, and Stowe) are located in the Northeast. Does this mean we could see more major ski resort acquisitions from either Vail or KSL/Aspen in New England? Only time will tell, but it doesn’t seem like the recent consolidation of the industry will be slowing down anytime soon.