The Balsams Resort has been a beloved destination for vacationers in New Hampshire’s White Mountains since 1866. This historic resort, which was originally a small inn, has undergone several renovations and expansions over the years and became a popular destination for skiing, golfing, and outdoor activities.
In 2011, the Balsams Resort closed its doors due to financial difficulties. Since then, there have been many rumors and speculations about who would buy the property and revive this iconic resort.
After years of waiting and anticipation, it was announced in 2019 that Les Otten, a well-known entrepreneur and ski industry veteran, had bought the Balsams Resort. Otten is no stranger to the hospitality industry – he was the founder of American Skiing Company and has served as CEO of several ski resorts across North America.
The purchase of the Balsams Resort by Otten’s company, Dixville Capital LLC, marks a new chapter for this historic property. The plan is to renovate and expand the resort to include more than 2,000 acres of skiing terrain, a conference center, spa facilities, an open-air marketplace, and multiple dining options.
The renovation plans also include restoring some of the original architectural features of the resort while incorporating modern amenities. The Balsams Grand Resort Hotel will be restored to its former glory with updated guest rooms and suites.
With construction currently underway on some portions of the resort property such as The Hampshire House Condominiums located at The Village Center at The Balsams in Dixville Notch expected completion Summer 2021 residents are excitedly anticipating their move-in dates.
The reopening date for the Balsams Resort has yet to be announced but there is no doubt that it will be an exciting addition to New Hampshire’s hospitality industry once again. Visitors can look forward to enjoying all that this historic resort has to offer while experiencing modern luxury amenities in a stunning natural setting.
In conclusion, the Balsams Resort has been purchased by Les Otten’s company, Dixville Capital LLC. The renovation plans for the resort include expanding the skiing terrain, adding more amenities such as a conference center, spa facilities, and multiple dining options.
The restoration of the Grand Resort Hotel and other historic architectural features will also be incorporated. Construction is currently underway on some portions of the resort property with an anticipated opening date yet to be announced.