Killington Grand Resort is a popular ski destination located in Vermont, USA. The resort is known for its exceptional skiing experience and luxurious accommodations.
It’s no wonder that many people are curious about who owns Killington Grand Resort and what the resort’s history is. In this article, we’ll take a closer look at the ownership of this iconic ski resort.
History of Killington Grand Resort
Killington Grand Resort was established in 1958 by Preston Leete Smith, Jr. He purchased the land and began developing the resort with his business partners. The original name of the resort was Killington Ski Area, and it quickly became popular among skiers from all over the world.
Over time, the resort grew in size and popularity. In 1998, the resort was sold to American Skiing Company (ASC), which further expanded it by adding new ski lifts and accommodations.
Who Owns Killington Grand Resort Now?
In 2007, ASC sold Killington Grand Resort to SP Land Company for $83.5 million. SP Land Company is a subsidiary of Powdr Corporation, which owns other ski resorts as well as sports facilities across North America.
Powdr Corporation was founded by John Cumming in 1994 and has since grown into a major player in the ski industry. The corporation owns 10 other ski resorts in addition to Killington Grand Resort, including Copper Mountain in Colorado and Mt. Bachelor in Oregon.
Powdr Corporation’s Vision for Killington Grand Resort
Powdr Corporation has big plans for Killington Grand Resort. In recent years, they’ve invested millions of dollars into upgrading the resort’s infrastructure, including adding new lifts and expanding snowmaking capabilities.
The company has also expressed interest in making Killington Grand Resort a year-round destination by adding more summer activities such as mountain biking trails and zip lines.
The Future of Killington Grand Resort
With Powdr Corporation at the helm, Killington Grand Resort is poised for continued growth and success. The resort’s commitment to providing an exceptional skiing experience combined with its dedication to expanding summer activities makes it a must-visit destination for adventure seekers.
In conclusion, Killington Grand Resort has a rich history and is currently owned by Powdr Corporation, which has big plans for the resort’s future. Whether you’re a seasoned skier or looking for a fun summer getaway, Killington Grand Resort offers something for everyone.
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