If you are planning a visit to Vermont, then Okemo Mountain Resort is a must-visit destination. It is a popular ski resort that attracts thousands of tourists every year.
But who owns this beautiful resort and what is its history? In this article, we will explore the ownership of Okemo Mountain Resort.
The History of Okemo Mountain Resort
Okemo Mountain Resort was founded by a man named Tim Mulligan in 1955. He purchased the land and started with just one lift and 13 trails.
Over the years, he continued to expand the resort with new lifts, lodges, and more trails. Today, Okemo Mountain Resort has over 120 trails and 20 lifts.
The Ownership of Okemo Mountain Resort
In 1982, Tim Mulligan sold Okemo Mountain Resort to a group of investors led by John F. Mueller. Mueller’s group owned the resort for several years before selling it to another group of investors in 1998.
In 2008, Okemo Mountain Resort was acquired by the parent company of Sunapee and Crested Butte ski resorts – Triple Peaks LLC. This acquisition made Triple Peaks LLC one of the largest ski resort operators in the country.
Triple Peaks LLC
Triple Peaks LLC is owned by Tim and Diane Mueller along with their business partner Garry Hirsch. The Muellers are well-known in the ski industry for their successful management of several ski resorts over the years.
In addition to owning Okemo Mountain Resort, Triple Peaks LLC also owns two other popular ski resorts – Mount Sunapee in New Hampshire and Crested Butte in Colorado.
Vail Resorts Acquisition
In September 2018, Vail Resorts announced that it had entered into an agreement to acquire Triple Peaks LLC along with its three ski resorts – Okemo Mountain Resort, Mount Sunapee, and Crested Butte. The acquisition was completed in late 2018.
Conclusion
Okemo Mountain Resort has had several owners over the years, and as of 2018, it is owned by Vail Resorts. However, the history of this resort dates back to 1955 when it was founded by Tim Mulligan. Today, Okemo Mountain Resort is one of the most popular ski resorts in Vermont and attracts visitors from all over the world.
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