POWDR, the Park City, Utah, recreation company that owns both Eldora Mountainand Copper Mountain said Thursday that it plans to sell Eldora and three other ski resorts.
“To strategically manage POWDR’s portfolio in alignment with our founder’s and stakeholders’ goals, we aim to balance our ski business with new ventures in the National Parks sector and Woodward,” the company wrote in a statement. “Over the coming weeks, we will list three of our ski resorts — Eldora, Mt. Bachelor, and SilverStar — for sale.”
Mt. Bachelor is located in Bend, Ore., while SilverStar is in British Columbia, Canada. POWDR is also selling Killington, the famed ski mountain in Vermont.
“Until the sales of these four resorts (including Killington) are finalized, we will remain dedicated to our current operations at those ski resorts, plus Copper and Snowbird which we are retaining, Woodward camps and mountain centers, and our two National Park concessions contracts,” POWDR continued. “In addition, we are dedicated to a seamless transition at all four resorts.”
Founded in 1962, Eldora is known as a locals mountain that attracts people in Boulder County and skiers who don’t want to fight the traffic on Interstate 70. Located about 20 miles from Boulder, the ski area totals680 acres of skiable terrain and some apres-ski areas.
Originally Published: August 22, 2024 at 10:40 a.m.