A Stowe Mountain Resort Promotional Film
Vail Buys Stowe!
For weeks, the signs have been there: fleet cars with Colorado plates cruising the Mountain Road, helicopters hovering over Spruce Peak, rumors of Vail Resort’s senior management locked in closed door sessions with the head honchos from Stowe Mountain Resort and AIG.
Today, at 8:00 am Vail Resorts announced it had entered an agreement to acquire Stowe Mountain Resort from Mt. Mansfield Company, Inc. (MMC), a wholly owned subsidiary of American International Group, Inc. (AIG), for a purchase price of $50 million, subject to certain adjustments. Stowe Mountain Resort will be Vail Resorts’ first mountain resort on the East Coast and complements the Company’s network of 10 world-class mountain resorts and three urban ski areas.
Over the past few weeks, stock prices for Vail continued to soar, rising to 180 as of close on Friday from 168 on January 24 when VT Ski + Ride first broke the rumors of a potential sale (see 8 Reasons Why Vail Would Buy Stowe) Of particular interest were two SEC filings made last week, Amended Statements of Beneficial Ownership that must be made when a person or organization owns more than 5%. The first was by the Vanguard Group. The second was by Abigail Johnson, who owns a home at Stowe’s Spruce Peak development and also happens to be the CEO of Fidelity Investments.
Read the complete story at VT Ski+Ride
Burlington's Seven Days
Vail to Purchase Stowe Mountain Resort for $50 Million
The rumor mill was right.
Vail Resorts is buying Vermont's most iconic ski area, Stowe, the two sidesannounced Tuesday.
The Colorado-based company will pay $50 million for the ski area on Mt. Mansfield that began as a Depression-era trail cutting project and became known as a luxury winter resort.
“We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. With the investments in both mountain infrastructure and base area facilities that AIG has made over the years, Stowe Mountain Resort has become the premier, high-end resort for East Coast skiers and snowboarders," said Rob Katz, chairman and chief executive officer of Vail Resorts. "We look forward to working with AIG to continue enhancing the guest experience and to ensure the resort’s long-term success.”
Read the complete story in the Seven Days
The Mountain Collective has turned its resort total up to 11 with the addition of Taos Ski Valley in New Mexico and Stowe Mountain Resort in Vermont. Stowe is the collective's first East Coast resort, while Taos brings even more gnar to the ski pass' offerings. Sun Valley and Thredbo were already new to the collective for the upcoming season, but the addition of two more well-known resorts (and only a $30 price bump to $399) makes this pass look even better for the traveling powder hound.
The pass includes two days at Stowe, Taos and the nine other resorts already participating in the collective: Sun Valley, AltaSnowbird, Aspen Snowmass, Ski Banff-Lake Louise-Sunshine Village, Jackson Hole, Mammoth Mountain, Squaw Valley/Alpine Meadows, Thredbo and Whistler Blackcomb.
Stowe gives the collective a marquee East Coast destination with 2,360 vertical feet, 485 skiable acres and more than 300 inches of snow each season. Without another nearby destination, the addition of Stowe will likely have the strongest appeal for East Coast skiers who already plan on burning some vacation days skiing this winter.
Taos is less of a geographic departure for the pass but opens up access to the resort's new Kachina Peak Lift, which hits 12,450 feet, as well as the resort's famous terrain — still including plenty of hike-to lines for the purists.
The Mountain Collective pass also includes a 50 percent discount on additional days at any resort, making it easy to extend a vacation, and kids under 12 can join in for $99.
· Mountain Collective [Official site]
This is a fun video shot mostly on April 19th, 2015, the last day of the 2014-2015 Ski season at Stowe Mountain Resort. I was tickled to see and hear many of my Resort friends and colleagues say, "Thank You!"
2nd to text wins a 40% off voucher for a 1-day lift ticket.
The Resort closes at end-of-day this Sunday, April 19. Winners have to pick up their vouchers at my office in Stowe Village tomorrow or Sunday morning. Txt "Free Ski" to 802 730 4343
SKI CAPITAL OF THE EAST STARTED IN A ROUGH OLD LUMBER CAMP
by Brian Lindner
Of the more than 100 trails, two famous ski trails at Stowe are named after visionary men who, more than eight decades ago, saw Mount Mansfield as the ideal location to promote an entirely new industry in Vermont. Another trail is named after the man credited with eventually making Stowe "The Ski Capital of the East" and a fourth is named for the man who helped finance major improvements.
Stowe Mountain Resort had its earliest beginnings in a rough old lumber camp in Ranch Valley to the west of today's Vermont 108 — several miles from today's main resort. The only ski trails remaining near the former site of Ranch Camp are those from the resort's Cross Country Center. All downhill skiing long ago migrated further up the road to where the resort sits today at the south entrance to Smugglers Notch.
Nobody knows exactly when the first skis glided across the winter snow in Stowe but it was almost certainly in the mid to late 1800s. Stowe was a farming and logging community after the Civil War and loggers sometimes traveled through the winter woods on long boards with upturned tips.
Brian Lindner is a member of the Mount Mansfield Ski Patrol and historian for Stowe Mountain Resort.
Read the complete history, including many more old photographs, at the Burlington Free Press
The Resort's Live Time Panel, which can be seen online and in each of the Base Lodges provides an abundance of information about the resort in live time. Information includes activities, conditions, lift reports, zone summaries, dining hours, retail store hours, trail reports, a trail map, and more.
Rochelle Lash, Postmedia News | 26/11/13 1:26 PM ET
With Porter Airlines’ service beginning Dec. 15 for twice-weekly flights from Toronto to Burlington, Vermont, Ontario snow sports fans have many new options for skiing and snowboarding at top resorts such as Stowe. During February and March, Porter will expand to four flights weekly.
Vermont’s snow-sports areas have precious powder days, major steeps and jumps and snow-bunny fun. But destinations such as Stowe have total tourism cred off-mountain, too. Visitors can get stoked for artisan-inspired gourmet cuisine, New England warmth and rockin’ après-sports with dozens of local brews like Long Trail and maple martinis gently stirred with Vermont Spirits craft vodka.
On-mountain, snowmaking and snowboarding are trending at Stowe Mountain Resort, the most sophisticated vacation development in northeastern U.S.A., during any season.
Winter rules for the 20% of Stowe’s visitors who come from Canada during snow season when they can make first tracks on the woodsy Goat trail or master a bump run on the daunting National. Novices also have a new option — an extra-long, covered Magic Carpet surface lift on mellow Spruce Peak. Stowe also has invested $8-million recently in snowmaking — that’s almost 10 times more than any other New England resort — to create a high-efficiency, eco-conscious system that makes more white stuff while using less energy.
Park sharks will love the rails and boxes of the new Jib Nation on Lower North Slope, plus and the expanded freestyle features on Lower Standard, in addition to the biggest jumps on Tyro. Home of Burton Snowboards, Stowe has a Burton High Performance Demo Centre and a full complement of Burton programs.
Deals abound. You can sharpen your game with Stowe for Starters which includes a lift ticket and two 90-minute snow-school sessions — that’s almost all-day learning, for $162 U.S. p.p. The swish Stowe Mountain Lodge has handsome condos, a heated outdoor swimming pool, fine dining and a lavish spa. The Ski and Stay Package starts at $361 U.S. per day, for two people in a studio, or $557 for four in a one-bedroom suite.
When you unbuckle, Stowe’s essential experience includes contemporary American cuisine at Solstice in the Stowe Mountain Lodge, a visit to the Vermont Ski and Snowboard Museum and an evening at the Spruce Peak Performing Arts Center. Considering that Stowe is a vintage village with about 5,000 permanent residents, the line-up is jaw-dropping and includes Warren Miller’s dazzling downhill film, Ticket to Ride, capturing incredible snow thrills in Kazakhstan and Iceland, Dec. 29 and the Rudolf Nureyev State Ballet Theatre of Russia staging The Sleeping Beauty, Feb. 1.
IF YOU GO
Vermont Ski Areas Association: 802-223-2439, skivermont.com; info on approximately 20 Alpine and 30 Nordic areas.
The 5 Best Resorts in North America
Like all ski resorts in the Northeast, Stowe is a hostage to geography. But unlike any of the others, Stowe is a big mountain in miniature – 3,719 feet, with 2,160 feet of vertical, to be exact. It's a steep, rugged crag of Appalachian relief with groomers as wide as interstates, some of the scariest bump runs in America, and glades and gullies that reward an adventurous spirit. "Stowe offers some of the steepest terrain in the country and is one of the few places on the East Coast where you can get the feel of big-mountain skiing," says Chip Knight, a three-time U.S. Olympic team skier who has skied Stowe his entire life. "Hike up to the Chin or duck into the trees off Nosedive or Chin-Clip after a big snowstorm and you'll even find some exceptional sidecountry skiing."
Terrain aside, Stowe is also the rare resort with the one quality that separates a good ski town from a great one, no matter what part of the country you're in: history. There's a difference between a ski area that exists because it has good mountains and one that was a town before, with a farming or mining industry. It's the difference between Vail and Aspen, Whistler and Revelstoke, or between pretty much any other resort in the East and Stowe.Read More