Who Owns the Alyeska Resort?

By Michael Ferguson

Alyeska Resort, located in Girdwood, Alaska, is a popular tourist destination for skiing and other winter activities. The resort spans over 1,610 acres and has a vertical drop of 2,500 feet. The resort was established in the 1950s and has since undergone several ownership changes.

Ownership History

In the early 1950s, Alyeska Resort was owned by Bob and Evelyn Froehlich. In the late 1950s, they sold it to a group of investors led by Ted Stevens, who later became a U.S. senator from Alaska. In the early 1980s, the resort was sold to a group of Japanese investors led by Seibu Corporation.

In 1994, John Byrne, founder of Byrne Investment Services LLC., purchased Alyeska Resort for $25 million. Byrne invested millions of dollars in upgrades and renovations to improve the resort’s facilities and amenities.

Current Ownership

In September 2021, it was announced that Boyne Resorts had acquired Alyeska Resort for an undisclosed sum. Boyne Resorts is one of the largest privately-owned ski resort companies in North America with over ten ski resorts across the United States and Canada.

Boyne Resorts

Boyne Resorts was founded by Everett Kircher in 1947 when he opened Boyne Mountain Resort in Michigan with just one tow rope. Since then, Boyne has grown into a major player in the ski industry with over ten resorts across North America.

Boyne is known for its commitment to sustainability and environmental stewardship initiatives. They have implemented programs such as waste reduction efforts, energy-efficient snowmaking systems, and electric vehicle charging stations at their resorts.

Conclusion

Over its long history, Alyeska Resort has changed hands multiple times but remains a beloved destination for winter sports enthusiasts. Its current ownership by Boyne Resorts, a company with a strong commitment to sustainability, bodes well for the resort’s future. Whether owned by Bob and Evelyn Froehlich or Boyne Resorts, Alyeska Resort has always been and will always be a gem of the Alaskan wilderness.