Chestnut Mountain Resort is a renowned ski resort located in the Midwest region of the United States. It is a popular destination for skiing and snowboarding enthusiasts, as well as those seeking a winter getaway with family and friends.
However, many people are often curious about who owns Chestnut Mountain Resort and what their background is. In this article, we will explore the history of Chestnut Mountain Resort ownership.
The Early Days
Chestnut Mountain Resort was founded in 1959 by brothers Jack and George Winter. The resort was originally known as “Chestnut Hills” before being renamed to its current name in 1969. The Winter brothers saw an opportunity to create a ski resort in the rolling hills overlooking the Mississippi River, where they grew up.
The Sale of Chestnut Mountain Resort
In 2008, Chestnut Mountain Resort was sold to Peak Resorts, a company that owns several other ski resorts across the United States. Peak Resorts invested millions of dollars into upgrading the facilities at Chestnut Mountain Resort while still maintaining its original charm.
Ownership Changes Again
Peak Resorts owned Chestnut Mountain Resort until 2019 when it was acquired by Vail Resorts Inc., one of the largest mountain resort companies in the world. Vail Resorts Inc. owns and operates over 30 resorts across North America, including world-renowned ski destinations such as Vail, Whistler Blackcomb, and Park City.
The Current Owners
Today, Vail Resorts Inc. is the proud owner of Chestnut Mountain Resort. They continue to invest heavily in improving the facilities at the resort to provide an exceptional experience for visitors from all around the world.
- Improved Facilities: With over $1 million invested since Vail’s ownership began in 2019, there have been significant improvements made to the resort’s facilities. These improvements include upgraded snowmaking equipment, renovated guest rooms, and a brand-new ski lift.
- World-Class Skiing & Snowboarding: Chestnut Mountain Resort boasts 19 ski runs and six chairlifts, providing visitors with an unforgettable skiing or snowboarding experience.
- Year-Round Activities: In addition to winter sports, Chestnut Mountain Resort offers year-round activities such as zip-lining, mountain biking, and scenic river cruises.
In Conclusion
Chestnut Mountain Resort has come a long way since its founding by the Winter brothers in 1959. From being a small ski resort to now being owned by Vail Resorts Inc., it has become a world-class destination for skiing and other winter sports. With continued investment in facilities and year-round activities, Chestnut Mountain Resort is sure to remain a popular destination for years to come.
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