Big Bear Mountain Resort is one of the oldest ski resorts in North America. It’s been a popular destination for skiers, snowboarders, and outdoor enthusiasts for more than 70 years.
The resort consists of two mountains, Snow Summit and Bear Mountain, as well as a village with shops and restaurants. But who owns Big Bear Mountain Resort?
Big Bear Mountain Resort is Owned by Alterra Mountain Company. Alterra Mountain Company is one of the largest mountain resort operators in the world. The company owns 12 iconic mountain destinations in North America, including Big Bear Mountain Resort. Other resorts owned by Alterra include Steamboat Ski & Resort in Colorado, Deer Valley Resort in Utah, and Mammoth Mountain Ski Area in California.
Alterra was formed in 2018 when Aspen Skiing Company and KSL Capital Partners merged their mountain resort operations into one entity. As part of the merger, both companies invested $181 million each to create a company that collectively owns 14 resorts across the United States and Canada. Since then, Alterra has acquired an additional five resorts worldwide to bring its total to 19 resorts across six countries.
Alterra has invested heavily in Big Bear Mountain Resort over the years. In 2019, the company announced a $20 million investment for upgrades to both Snow Summit and Bear Mountain Ski Areas as well as improvements to the resort’s village area.
This included a new high-speed six-person chairlift at Snow Summit as well as an additional terrain park at Bear Mountain for snowboarders and skiers alike. In addition to these upgrades, Alterra also announced plans for a $25 million renovation project that will include new lodges and other amenities at Big Bear Village over the next few years.
Who Owns Big Bear Mountain Resort? Big Bear Mountain Resort is owned by Alterra Mountain Company, one of the largest mountain resort operators in the world with 19 resorts spread across six countries worldwide. Over recent years they have invested heavily into Big Bear with many upgrades being made to both ski areas as well as plans for future developments at Big Bear Village.
In conclusion, Big Bear Mountain Resort is owned by Alterra Mountain Company who have invested heavily into it over recent years with many upgrades being made to both ski areas and plans for future developments at Big Bear Village.
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