Alterra Buys Schweitzer Mountain, Already an Ikon Pass Partner

Road to Schweitzer Resort Photo by Bobby Stevenson on Unsplash
Alterra Mountain Company, the guys behind the Ikon Pass, have added yet another resort to their collection of destinations they own and/or operate, bringing the portfolio to 17 year-round mountain destinations throughout North America.
The agreement to purchase Idaho’s Schweitzer, further expands the company’s portfolio in the Pacific Northwest, joining Crystal Mountain in Washington, purchased recently.
Schweitzer is the largest ski area in Idaho and Washington, located in the Selkirk Mountains overlooking the picturesque town of Sandpoint, Idaho, only 80 miles from Spokane, Washington. It offers 2,900 acres of big mountain terrain with stunning views of Lake Pend Oreille, Washington, Montana, and Canada and is often recognized for its renowned tree skiing and family fun.
Schweitzer has been an Ikon Pass partner since 2021. SeniorsSkiing has been told there are no changes to Ikon Pass 23/24 winter access at this time.
In the last decade, Schweitzer has invested more than $100M in capital to fortify itself as a premier destination in the Pacific Northwest. That includes terrain expansion and new lifts, a new on-mountain lodge, Sky House, and Humbird, a 31-unit boutique hotel in Schweitzer’s village.
Future capital improvement plans include development of the new Schweitzer Creek Village portal, adding approximately 1,400 additional parking spots with easy access to the new Creekside Quad lift. Eventually, Schweitzer Creek Village also will be home to a new day lodge and other year-round amenities.
“With an incredible mountain in one of the most beautiful settings in the country and a world-class operating team, Schweitzer has everything we look for in a destination,” said Jared Smith, Alterra’s President & CEO.
“The mountain has been a valued partner on the Ikon Pass for several seasons, so we’ve been able to see the exceptional team, community, and opportunities for continued investment up close.”
“Since becoming an Ikon Pass partner in 2021, we’ve had the good fortune of learning how Alterra Mountain Company has quickly evolved into an industry leader,” said Tom Chasse, President and CEO of Schweitzer. “The company’s commitment to preserving the authenticity of their mountain communities while investing in the overall mountain experience is what we’re most looking forward to as the newest member of the Alterra family.”
The MKM Trust, which has been the owner and developer of Schweitzer for the past 18 years, will retain non-ski operations and real estate holdings, and will continue to lead future real estate development projects that support the vibrancy of the Schweitzer community.
Alterra Mountain Company destinations are spread throughout six states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Palisades Tahoe, Mammoth Mountain, June Mountain, Big Bear Mountain Resort and Snow Valley in California; Sugarbush and Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.
The company was created when affiliates of KSL Capital Partners and affiliates of Henry Crown and Company initially purchased Intrawest, Mammoth Resorts and Deer Valley Resort in 2017.
In January 2018, Alterra introduced the Ikon Pass for winter 18/19, the premier ski and snowboard season pass. Today, the Ikon Pass offers skiers and riders access to more than 50 mountain destinations throughout the Americas, Europe, Australia, New Zealand, and Japan.
Also included in the portfolio is Alpine Aerotech, a worldwide helicopter support and maintenance service center in British Columbia, Canada, Aspenware, the ski industry leader in technology services and e-commerce, and Ski Butlers, the global leader in ski and snowboard rental delivery. For more information, please visit www.alterramtnco.com.
How many Ikon Pass destinations have you skied or snowboarded?
Which one is your favorite?
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