Snowbasin Resort is a popular ski destination located in Weber County, Utah. It offers some of the best skiing experiences in the state and is known for its exceptional grooming, modern facilities, and stunning mountain views.
However, many people are curious about who owns this resort and what their plans for it are. In this article, we will explore the ownership of Snowbasin Resort and shed some light on its future.
The History of Snowbasin Resort
Snowbasin Resort was founded in 1939 by Earl Engleman as a small skiing area with just one lift and a few runs. Over the years, it expanded its operations and became a popular destination for skiers from all over the world. In 2002, Snowbasin Resort gained even more popularity when it hosted several events during the Winter Olympics held in Salt Lake City.
The Current Owners of Snowbasin Resort
Snowbasin Resort is currently owned by Sun Valley Resorts, which is owned by Earl Holding’s family. Earl Holding was an American businessman who made his fortune in oil, real estate, and hospitality. He acquired Sun Valley Resorts in 1977 and later bought Snowbasin Resort in 1984.
After Holding’s death in 2013, his family took over Sun Valley Resorts and currently operates it. The family has continued to invest heavily in both Sun Valley Resorts and Snowbasin Resort to maintain their status as leading ski destinations.
The Future of Snowbasin Resort
Under Sun Valley Resorts’ ownership, Snowbasin Resort has undergone significant upgrades to its facilities. The resort now features modern amenities such as high-speed lifts, state-of-the-art snowmaking systems, luxury lodges, restaurants, and shops.
In recent years, there have been rumors that Sun Valley Resorts may be interested in selling Snowbasin Resort to another company or investor. However, there has been no official announcement regarding any potential sale.
Conclusion
In conclusion, Snowbasin Resort is owned by Sun Valley Resorts, which is owned by Earl Holding’s family. The resort has a rich history and has undergone significant upgrades under its current ownership.
While there have been rumors of a potential sale, the future of Snowbasin Resort remains uncertain. Regardless of what happens, Snowbasin Resort will continue to be a beloved destination for skiers and snowboarders alike.