Massanutten Resort is a popular destination for vacationers in Virginia. It offers a range of activities for all ages, including skiing, snowboarding, golfing, hiking, indoor water park, and more.
But have you ever wondered who owns Massanutten Resort? In this article, we will delve into the history of the resort and its ownership.
The Beginning of Massanutten Resort
Massanutten Resort was established in 1972 by a group of local businessmen from Harrisonburg, Virginia. They recognized the potential for a ski resort in the area and formed Great Eastern Resorts Corporation to develop it. The resort opened with just two ski slopes and a small lodge.
The Growth of Massanutten Resort
Over time, Massanutten Resort has grown exponentially. It now has 14 ski slopes, eight lifts, and a vertical drop of 1,110 feet. In addition to skiing and snowboarding in winter months, it offers an array of activities throughout the year.
In 1994, Great Eastern Resorts Corporation sold Massanutten Resort to Snowshoe Mountain Inc., which was owned by Intrawest Corporation at the time. Intrawest was a major player in the ski industry with resorts across North America.
The Current Ownership of Massanutten Resort
In 2006, Snowshoe Mountain Inc. sold Massanutten Resort to Pacific Group Resorts Inc., based in Park City, Utah. Pacific Group Resorts is a private equity firm that specializes in investing in leisure and hospitality businesses.
Today, Pacific Group Resorts still owns Massanutten Resort and has continued to invest in its growth and development. In recent years they have added new attractions like ziplining courses as well as expanding their lodging options such as adding townhome rentals.
Conclusion
In conclusion, Massanutten Resort has come a long way since its humble beginnings in 1972. From a small ski lodge to a year-round vacation destination, it has grown into a top-rated resort in Virginia.
While the resort has changed hands a few times over the years, it is currently owned by Pacific Group Resorts Inc. who continues to invest in its future. Whether you’re looking for skiing, golfing, or just relaxing with family and friends, Massanutten Resort is an excellent choice for your next vacation.
10 Related Question Answers Found
If you’re planning a vacation in Virginia, you may have heard of the Massanutten Resort. This popular destination offers year-round activities for families, couples, and groups. But have you ever wondered who owns the Massanutten Resort?
Massanutten Resort is a popular vacation destination located in the Shenandoah Valley of Virginia. It offers a variety of winter and summer activities, including skiing, snowboarding, tubing, golfing, zip-lining, and more. If you’re wondering who owns this amazing resort, then you’ve come to the right place.
Massanutten Resort is a popular vacation destination in Virginia that offers a range of activities and amenities for visitors. If you’re wondering who owns Massanutten Resort, you’ve come to the right place. In this article, we will delve into the ownership of this resort and provide you with all the information you need.
If you’re planning a trip to Massanutten Resort in Virginia, one of the first things you might wonder is who owns this sprawling complex of vacation rentals, ski slopes, and indoor water parks. The answer is a bit more complicated than you might expect, as ownership of Massanutten has changed hands several times over the years. Early History
Massanutten Resort was originally developed in the 1970s by a group of real estate investors led by John L.
If you’re planning a trip to Massanutten Resort, you might be curious about who owns this popular vacation destination. The answer is simple: the Massanutten Resort is owned by Great Eastern Resort Corporation. What is Great Eastern Resort Corporation?
If you are considering a job at Massanutten Resort, you might be wondering if the resort is employee-owned. Employee ownership is a business model where employees have a stake in the success of the company and share in its profits. Let’s explore whether Massanutten Resort is employee-owned or not.
Have you ever wondered if people actually live on Massanutten Resort? Well, the answer is yes! Massanutten Resort is not just a tourist destination but also a community where people reside year-round.
Are you planning a trip to Massanutten Resort and wondering what county it’s in? Look no further, we’ve got you covered. Massanutten Resort is located in Rockingham County, Virginia.
Have you ever wondered who owns the Wequassett Resort? Situated on the beautiful Cape Cod in Massachusetts, this luxurious resort is a favorite among travelers seeking a peaceful and relaxing vacation. In this article, we will explore the ownership of the Wequassett Resort and its fascinating history.
Stowe Mountain Resort is one of the most popular ski resorts in Vermont, known for its stunning views and world-class skiing facilities. But have you ever wondered who owns this beautiful resort? In this article, we’ll explore the history and ownership of Stowe Mountain Resort.
