Vail’s ‘transformative’ purchase of Park City issues a challenge for destination resorts like Steamboat | SummitDaily.com
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Vail’s ‘transformative’ purchase of Park City issues a challenge for destination resorts like Steamboat

Tom Ross
Steamboat Pilot & Today
Steamboat Ski and Resort Corp. employees ski along the Sundial trail bordering Morningside Park on Tuesday at the Steamboat Ski Area. Competition among destination ski resorts in North America never may be the same, now that Vail Resorts CEO Rob Katz successfully has executed a plan to acquire Park City Mountain Resort.
Daily News file photo |

Steamboat Springs — Even before powder hounds and shareholders were confronted with the news last month that leadership of Steamboat Ski and Resort Corp.’s parent company had been transferred from a longtime ski industry guy to an investment banker, the ski resort industry learned that Vail Resorts had succeeded in arranging the marriage of Park City, Utah, to The Canyons.

Competition among destination ski resorts in North America never may be the same, now that Vail Resorts CEO Rob Katz successfully has executed a plan to acquire Park City Mountain Resort. Katz has announced plans to build a new ski lift that would link that resort to The Canyons and fold that giant ski area into the Epic Pass that is transforming the industry.

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