Alyeska Resort, located in Girdwood, Alaska, was recently sold to a new owner. The resort has been a popular spot for skiing and snowboarding enthusiasts for over four decades.
The Sale
In late 2020, a group of investors led by Pebb Capital Partners purchased Alyeska Resort from Boyne Resorts. The sale price was not disclosed, but rumors suggest that it was around $100 million.
Previous Ownership
Boyne Resorts had owned Alyeska Resort since 2006. During their ownership, they made significant improvements to the resort’s infrastructure and amenities. They added a new high-speed chairlift, renovated the hotel’s lobby and rooms, and upgraded the snowmaking system.
New Owners
Pebb Capital Partners is a real estate investment firm based in Boca Raton, Florida. They specialize in investing in properties that have significant potential for growth and value creation.
The new owners plan to continue improving the resort’s infrastructure and amenities. They are particularly interested in expanding the summer activities available at Alyeska Resort. This could include adding mountain biking trails, hiking paths, and other outdoor recreational opportunities.
The Future of Alyeska Resort
With new ownership comes new possibilities for Alyeska Resort. The resort has always been a popular destination for winter sports enthusiasts, but there is significant potential for growth during the summer months as well.
The new owners’ plans to expand summer activities could attract more visitors to the resort throughout the year. This would be beneficial not only to the owners but also to the local economy.
Conclusion
The sale of Alyeska Resort marks an exciting time for both the new owners and visitors to the resort. With continued investment and expansion plans on the horizon, there is no doubt that Alyeska will remain a premier destination for outdoor enthusiasts for years to come.
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