Jackson Hole Mountain Resort is a popular destination for skiing, snowboarding, and other winter activities. But have you ever wondered who owns this famous resort? In this article, we will dive into the ownership of Jackson Hole Mountain Resort and the history behind it.
The Beginning of Jackson Hole Mountain Resort
Jackson Hole Mountain Resort was founded in 1965 by Paul McCollister, who had a passion for skiing and wanted to create a world-class ski resort. The resort opened with just one lift and a few runs, but it quickly grew in popularity among skiers and snowboarders.
The Current Owners of Jackson Hole Mountain Resort
Today, Jackson Hole Mountain Resort is owned by Jay Kemmerer and his family. Kemmerer purchased the resort in 1992 from Paul McCollister’s family. Since then, Kemmerer has invested millions of dollars into the resort to improve its infrastructure and amenities.
Who is Jay Kemmerer?
Jay Kemmerer is a businessman from Wyoming who has a passion for skiing. He was born in Pennsylvania but moved to Wyoming with his family when he was young. He attended the University of Wyoming before starting his career as an investment banker.
In addition to owning Jackson Hole Mountain Resort, Kemmerer is also involved in various other business ventures. He serves as the chairman of the board for Diamondback Energy Inc., an oil and gas company based in Texas.
The Impact of Ownership on Jackson Hole Mountain Resort
The ownership of Jackson Hole Mountain Resort has had a significant impact on its development over the years. Under Paul McCollister’s ownership, the resort grew in popularity but struggled financially at times. When Jay Kemmerer took over, he made significant investments into improving the resort’s infrastructure and amenities.
One notable improvement that Kemmerer made was adding a new tram to the resort in 2008. The new tram increased the resort’s capacity and allowed more skiers and snowboarders to access the mountain. Kemmerer also invested in expanding the resort’s dining options, adding new lifts, and improving the snowmaking capabilities.
Conclusion
In conclusion, Jackson Hole Mountain Resort is owned by Jay Kemmerer and his family. Kemmerer has made significant investments into the resort since purchasing it in 1992, improving its infrastructure and amenities. The ownership of Jackson Hole Mountain Resort has had a significant impact on its development over the years, making it one of the most popular ski resorts in North America.
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