Who Owns Mt Abram Ski Resort?

By Anna Duncan

Mt Abram Ski Resort is a popular destination for skiers and snowboarders in Maine. If you’re planning a trip to the resort, you might be wondering who owns it. In this article, we’ll take a closer look at the ownership of Mt Abram Ski Resort.

History of Mt Abram Ski Resort

Mt Abram Ski Resort was founded in 1960 by a group of local skiers who wanted to create a ski area that was accessible to everyone. The resort started out with just one trail and a rope tow, but it quickly grew in popularity and size.

Today, Mt Abram Ski Resort has 51 trails, six lifts, and over 800 acres of skiable terrain. It’s known for its family-friendly atmosphere and affordable prices.

Current Ownership

Mt Abram Ski Resort is currently owned by Matthew Hancock. Hancock purchased the resort in 2000 from its previous owner, Les Otten.

Matthew Hancock is an entrepreneur and investor based in Boston. He has interests in several different industries, including real estate development and finance. Hancock is also an avid skier and has been involved with Mt Abram Ski Resort since he was a child.

Since taking over ownership of the resort, Hancock has invested heavily in improving its facilities and amenities. He’s added new lifts, expanded the terrain park, and upgraded the snowmaking system.

Past Ownership

Before Matthew Hancock purchased Mt Abram Ski Resort, it was owned by Les Otten. Otten is a well-known figure in the ski industry and has been involved with several other resorts throughout his career.

Otten purchased Mt Abram Ski Resort in 1993 with plans to expand it into a year-round destination. He added several new amenities to the resort during his ownership, including a golf course and water park.

However, Otten’s plans for expansion were cut short by financial difficulties. He eventually sold the resort to Matthew Hancock in 2000.

Conclusion

In conclusion, Mt Abram Ski Resort is currently owned by Matthew Hancock. Hancock has invested heavily in the resort since taking over ownership and has helped to make it one of the most popular ski destinations in Maine.

While Mt Abram Ski Resort has had several different owners throughout its history, it remains a beloved destination for skiers and snowboarders of all ages and abilities. Whether you’re a seasoned pro or a beginner, Mt Abram Ski Resort is sure to offer an unforgettable experience on the slopes.