Deer Valley Resort is a world-renowned ski resort located in Park City, Utah. It has a reputation for its luxurious amenities and exceptional customer service. However, many people are curious about who owns Deer Valley Resort.
Ownership History
Deer Valley Resort was initially owned by Edgar Stern, who founded the resort in 1981. Stern was a successful businessman and philanthropist who was passionate about skiing. He poured his heart and soul into the resort, making it one of the most popular skiing destinations in the United States.
In 2014, Deer Valley Resort was sold to a newly formed company called Alterra Mountain Company. Alterra Mountain Company is a joint venture between KSL Capital Partners and Henry Crown and Company. KSL Capital Partners is a private equity firm that specializes in investing in travel and leisure businesses, while Henry Crown and Company is an investment firm that owns several ski resorts.
Current Ownership
Today, Alterra Mountain Company owns Deer Valley Resort along with several other iconic ski resorts across North America. Some of these resorts include Steamboat Ski & Resort in Colorado, Mammoth Mountain Ski Area in California, and Stratton Mountain Resort in Vermont.
Alterra Mountain Company is dedicated to providing guests with an exceptional experience at all of their resorts. They prioritize sustainability and are committed to reducing their carbon footprint through various initiatives such as renewable energy projects.
Impact of Ownership Changes
The change of ownership from Edgar Stern to Alterra Mountain Company has not had a significant impact on the quality of service at Deer Valley Resort. The resort continues to offer top-notch amenities such as ski valets and gourmet dining options.
However, some locals have expressed concerns about the potential for overcrowding at the resort due to Alterra’s ownership of multiple ski resorts across North America.
Conclusion
In summary, Deer Valley Resort is currently owned by Alterra Mountain Company, a joint venture between KSL Capital Partners and Henry Crown and Company. Despite the change in ownership, the resort continues to offer exceptional service and amenities to its guests. Alterra Mountain Company is committed to sustainability and reducing their carbon footprint across all of their resorts.