Have you ever wondered who owns the Sun Valley Resort, one of the most popular ski destinations in the country? The answer may surprise you.
Sun Valley Resort: An Overview
Sun Valley is a world-renowned ski resort located in Idaho’s Wood River Valley. It was founded in 1936 by Averell Harriman, who was looking for a winter retreat for his friends and family. Since then, it has become a popular destination for skiers and snowboarders from all over the world.
The Ownership History of Sun Valley Resort
Sun Valley Resort has changed hands several times since its founding. Here’s a brief overview of its ownership history:
- Averell Harriman (1936-1964): Harriman founded Sun Valley and owned it until his death in 1986.
- Bob Dye (1964-1977): Dye was a close friend of Harriman’s and purchased Sun Valley from his estate after Harriman’s death.
- Earl Holding (1977-2013): Holding was a hotel magnate who bought Sun Valley from Dye in 1977. He also owned other properties, including the Grand America Hotel in Salt Lake City.
- The Rennick Family (2013-Present): In 2013, Sun Valley was sold to the Rennick family, who have been involved in various businesses throughout their careers.
The Rennick Family: Who Are They?
The Rennick family is relatively unknown compared to some of Sun Valley’s previous owners. However, they are no strangers to business.
According to their website, the Rennick family has been involved in various industries throughout their careers, including real estate development, agriculture, and hospitality. They also have a philanthropic arm, the Rennick Family Foundation, which supports organizations in the areas of education, health, and the arts.
What Does the Future Hold for Sun Valley?
Under the ownership of the Rennick family, Sun Valley has continued to thrive. In recent years, they have invested in new lifts and infrastructure to keep up with demand.
In addition to skiing and snowboarding, Sun Valley offers a variety of year-round activities such as hiking, mountain biking, and golf. The resort also has a rich cultural history and hosts events like the Sun Valley Film Festival and the Sun Valley Summer Symphony.
The Bottom Line
While Sun Valley Resort has changed hands several times over the years, its legacy has remained intact. Today, it continues to be one of the most popular ski destinations in North America under the ownership of the Rennick family.