The Midwest might finally become a legitimate destination for ski travel. Vail Resorts, the largest ski resort operator in the United States, announced Tuesday that it will acquire Peak Resorts, the owner and operator of 17 ski areas in the midwestern and eastern US. The ski areas will be added to the company’s already impressive portfolio which includes Breckenridge in Colorado, British Columbia’s Whistler Blackcomb, and Heavenly resort in California’s Lake Tahoe, among others.
Vail Resorts secured the ski areas from Peak Resorts for $264 million. The purchase requires final approval from the Peak Resorts’ board of directors before the deal can be finalized, a move expected in the coming weeks. All of the resorts are located in the Midwest and East Coast, which is good news for the region’s ski industry as holders of Vail’s Epic Pass will have access to all 17 of the company’s new mountains this coming winter. Once finalized, Vail will own 38 mountain resorts globally.
The new ski areas to be purchased by Vail include: