If you’re a fan of skiing or snowboarding, you might have heard about Timberline Resort. It’s a popular ski resort located in the Mount Hood National Forest in Oregon.
Recently, there has been a lot of buzz about the ownership of Timberline Resort. So, who bought Timberline Resort? Let’s find out.
Background
Timberline Resort was established in 1937 and has since become a beloved destination for skiing and snowboarding enthusiasts. It has 41 ski trails and is one of the few ski resorts in North America that operates year-round. The resort also offers other activities like hiking, mountain biking, and golfing during the summer months.
The Previous Owners
Before we dive into who bought Timberline Resort, it’s important to know who the previous owners were. Since its inception, Timberline Resort has had several owners. However, from 1955 until recently, the resort was owned by RLK and Company.
The Sale
In August 2021, it was announced that Timberline Resort had been sold to Pacific Group Resorts Inc., a company based in Park City, Utah. The sale included not only the ski resort but also the surrounding lands and properties.
Pacific Group Resorts Inc.
Pacific Group Resorts Inc. is no stranger to the ski resort industry. The company owns several other ski resorts across North America, including Arizona Snowbowl, Purgatory Resort in Colorado, and Sipapu Ski & Summer Resort in New Mexico.
Plans for Timberline Resort
Following the acquisition of Timberline Resort, Pacific Group Resorts Inc. announced plans to continue operating the resort year-round with an emphasis on winter sports activities like skiing and snowboarding. Additionally, they plan to make improvements to existing facilities as well as build new ones.
- Renovating the lodge
- Adding new ski lifts
- Building a new hotel and spa
- Creating new ski runs and trails
The Future of Timberline Resort
With Pacific Group Resorts Inc. now at the helm, the future of Timberline Resort looks promising. The company has a proven track record of managing successful ski resorts, and their plans for improvements and expansion should only enhance the overall experience for visitors.
Conclusion
In summary, RLK and Company sold Timberline Resort to Pacific Group Resorts Inc. in August 2021. The new owners plan to continue operating the resort year-round with a focus on winter sports activities and making improvements to existing facilities as well as building new ones. With this change in ownership, visitors to Timberline Resort can expect exciting changes and an even better experience in the future.