Stowe Mountain Resort: A Resort with a Rich History
Stowe Mountain Resort is a ski resort located in Stowe, Vermont that has been welcoming winter sports enthusiasts since its opening in 1934. It is the largest ski resort in the eastern United States, encompassing over 400 acres of terrain.
The resort features over 100 trails spread across two mountains, Spruce Peak and Mount Mansfield. In addition to skiing and snowboarding, Stowe offers a variety of other winter activities such as tubing, snowshoeing, and cross-country skiing.
The resort has a long history of being a popular destination for outdoor recreation and relaxation. It is home to the oldest lift-served skiing area in the United States, as well as one of the most comprehensive ski schools in New England. During the summer months, visitors can enjoy hiking, biking, fishing and golfing at Stowe Mountain Resort.
The resort was originally owned by American Skiing Company (ASC), which purchased it from its original owners in 2002. The company operated the resort until 2006 when it was sold to AES Strategies LLC for $50 million. After changing hands several times over the years, it was ultimately purchased by Vail Resorts Inc. for $41 million dollars in 2017.
Vail Resorts has made significant investments into Stowe Mountain Resort since purchasing it two years ago. They have added new chairlifts and renovated existing ones to increase accessibility throughout the resort; they have also upgraded various facilities such as restaurants and lodges to improve guest experience.
From its humble beginnings over 80 years ago to its current status as one of the most popular resorts on the east coast of North America, Stowe Mountain Resort has been providing visitors with an unforgettable winter vacation experience for decades. With Vail Resorts at its helm now, it looks like that tradition will carry on for many more years to come!
Conclusion: Who bought Stowe Mountain Resort? In 2017 Vail Resorts Inc purchased Stowe Mountain Resort from AES Strategies LLC for $41 million dollars. Since then they have made significant investments into the resort to improve guest experience and increase accessibility throughout the area.
