Tag: Alterra
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In a chilly real estate market, resorts ring in a brighter outlook
Colorado Realtors are wrapping up a dreary year marked by falling prices and grinch-like sales. But the latest numbers are showing evidence of stabilizing prices that are offering some holiday cheer, according to a new report. That’s doubly true in the ski resort markets, according to the latest Market Trends report by the Colorado Association…
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Denver’s Alterra Mountain Company closes on second Canadian helicopter skiing operation
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Denver-based ski-pass giant Alterra Mountain Co. has closed on the purchase of Mike Wiegele Helicopter Skiing (MWHS) in Blue River, British Columbia, Canada, the company announced Thursday. The purchase will further expand the company’s premium heli-skiing portfolio, complementing Alberta, Canada’s Canadian Mountain Holidays (CMH) Heli-Skiing & Summer Adventures, the company said. Alterra, owner of the…
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Colorado court mulls reinstating lawsuit against Vail Resorts for early COVID-19 closure
As the federal appeals court based in Denver considers whether to revive a lawsuit against Vail Resorts from passholders seeking refunds for the 2019-2020 ski season, the company’s lawyer defended its actions to halt operations at the dawn of the deadly COVID-19 pandemic. “People were gonna die. So we closed,” Michael J. Hofmann told the U.S.…