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Who Owns Steamboat Springs Ski Resort

Published:

Modified: December 28, 2023

by Nicol Talbot

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Introduction

Steamboat Springs Ski Resort, located in the picturesque town of Steamboat Springs, Colorado, is a beloved winter destination for outdoor enthusiasts and adventure seekers. Nestled in the heart of the Rocky Mountains, this world-class ski resort attracts visitors from across the globe, drawn to its legendary Champagne Powder® snow, diverse terrain, and warm western hospitality.

 

With a rich history dating back over 50 years, Steamboat Springs Ski Resort has become an iconic landmark in the skiing world. The resort offers a wide array of winter activities, including skiing, snowboarding, snowshoeing, and tubing. Whether you’re a novice or an expert, there are trails and slopes suitable for all skill levels, ensuring an unforgettable experience for everyone.

 

Beyond its exceptional skiing opportunities, Steamboat Springs Ski Resort is also renowned for its vibrant après-ski scene, charming alpine village, and family-friendly atmosphere. Visitors can unwind in cozy lodges, indulge in delicious cuisine at the resort’s restaurants, and explore the lively nightlife options.

 

In this article, we will delve into the fascinating history and ownership of Steamboat Springs Ski Resort, as well as explore its current owners, partnerships, and plans for development. We will also highlight the resort’s economic impact on the surrounding area, its commitment to environmental sustainability, and the strong community support it receives.

 

So sit back, grab a warm cup of cocoa, and join us on a virtual journey to discover the captivating world of Steamboat Springs Ski Resort.

 

History of Steamboat Springs Ski Resort

The origins of Steamboat Springs as a winter sports destination can be traced back to the early 20th century when Norwegian immigrants settled in the area, bringing their skiing traditions with them. The first recorded ski jump in Steamboat Springs took place in 1912, marking the beginning of a skiing legacy that would eventually lead to the establishment of the Steamboat Springs Ski Resort.

 

In 1963, the resort was officially opened, offering skiers access to the legendary slopes and champagne-like powder that the area is now famous for. Over the years, it has evolved and expanded, becoming one of the premier ski resorts in North America.

 

Steamboat Springs Ski Resort’s reputation has been solidified by hosting numerous winter sports events, including the 1989 World Alpine Ski Championships and the annual Winter Carnival, which features exciting events such as ski jumping, Nordic skiing, and the iconic “Street Events” where skiers are pulled by horses down Main Street.

 

The resort has also been the training ground for many renowned athletes, producing a number of Olympic medalists and world-class ski professionals who have helped put the resort on the international skiing map.

 

Throughout its history, Steamboat Springs Ski Resort has remained committed to preserving the unique character of the town and offering a genuine Colorado experience. With its western heritage, welcoming community, and stunning natural beauty, it has become more than just a ski resort—it’s a destination that captures the spirit of adventure and camaraderie.

 

As the years have passed, the resort has continued to invest in infrastructure and amenities, ensuring that visitors have the best possible experience on and off the slopes. From state-of-the-art lifts and high-quality grooming to world-class dining and lodging options, Steamboat Springs Ski Resort strives to provide a seamless blend of adventure and luxury.

 

Today, the resort stands as a testament to the vision and perseverance of those who shaped it. It continues to draw skiers and snowboarders from around the world who seek not only an exhilarating winter getaway but an authentic and unforgettable mountain experience.

 

Ownership of Steamboat Springs Ski Resort

Over its storied history, Steamboat Springs Ski Resort has changed ownership multiple times, each transition bringing new perspectives and opportunities for growth. The resort has been under the stewardship of various companies and investors who have recognized its potential as a premier winter destination.

 

In the early years, the resort was owned and operated by the LTV Corporation, a Texas-based conglomerate that saw the potential for a world-class ski resort in Steamboat Springs. Under their ownership, the resort underwent significant development, expanding its infrastructure and amenities to accommodate the growing number of visitors.

 

Throughout the 1990s and early 2000s, the ownership of the resort changed hands a few times. In 1997, the American Skiing Company acquired Steamboat Springs Ski Resort as part of its extensive portfolio of ski resorts across the United States. American Skiing Company invested in improvements to the resort, including the addition of new lifts and terrain enhancements.

 

In 2007, the Intrawest Corporation, an international resort and real estate company, gained ownership of Steamboat Springs Ski Resort. Intrawest was known for its commitment to providing exceptional guest experiences and its dedication to preserving the unique character of each destination under its portfolio.

 

However, in 2017, the resort once again changed hands when Intrawest was acquired by the Aspen Skiing Company and KSL Capital Partners. This acquisition created a new entity known as Alterra Mountain Company, which now owns and operates Steamboat Springs Ski Resort. Alterra Mountain Company is a leading destination and experience-focused ski resort company, with a collection of 15 renowned mountain destinations across North America.

 

Under the ownership of Alterra Mountain Company, Steamboat Springs Ski Resort continues to thrive, with ongoing investments in infrastructure, guest experiences, and community partnerships. The company’s commitment to preserving the unique character and heritage of the resort, combined with its dedication to sustainability and environmental stewardship, ensures that the legacy of Steamboat Springs Ski Resort lives on.

 

It is worth noting that while the resort may have changed hands over the years, the spirit of Steamboat Springs and its commitment to providing an exceptional winter getaway remains unchanged. The ownership changes have only served to strengthen the resort’s ability to provide world-class skiing, warm hospitality, and unforgettable memories to all who visit.

 

Current Owners of Steamboat Springs Ski Resort

The current owners of Steamboat Springs Ski Resort are Alterra Mountain Company, a leading destination and experience-focused ski resort company. Alterra Mountain Company was formed in 2017 through the acquisition of several major ski resorts, including Steamboat Springs, by the Aspen Skiing Company and KSL Capital Partners.

 

Alterra Mountain Company is committed to providing exceptional guest experiences and preserving the unique character of each of its 15 mountain destinations across North America. With a focus on sustainability, community engagement, and innovation, Alterra Mountain Company strives to offer world-class skiing while being stewards of the environment and valuable members of the local communities.

 

Under Alterra Mountain Company’s ownership, Steamboat Springs Ski Resort has continued to invest in enhancing the overall guest experience. The resort has made significant improvements to its infrastructure, including the addition of new lifts, expanded terrain, and upgraded snowmaking capabilities. These enhancements ensure that visitors have access to the best possible skiing conditions and amenities.

 

Alterra Mountain Company also places a strong emphasis on providing a wide range of recreational activities and amenities that cater to the diverse needs and preferences of its guests. Steamboat Springs Ski Resort offers a variety of winter activities beyond skiing and snowboarding, including snowshoeing, snow tubing, and Nordic skiing. This allows visitors to fully immerse themselves in the winter wonderland that Steamboat Springs has to offer.

 

Furthermore, Alterra Mountain Company has fostered partnerships and collaborations with local businesses, organizations, and stakeholders to support the overall development and growth of the resort. These partnerships help to create a vibrant and sustainable community that benefits both residents and visitors alike.

 

Alterra Mountain Company also oversees the Ikon Pass, a multi-resort ski pass that provides access to a network of iconic ski destinations around the world. This pass offers a seamless and flexible way for skiers and snowboarders to explore various resorts, including Steamboat Springs Ski Resort, and make the most of their winter adventures.

 

With Alterra Mountain Company at the helm, Steamboat Springs Ski Resort continues to thrive as a premier winter destination, offering unparalleled skiing opportunities, exceptional amenities, and a commitment to environmental stewardship and community engagement. The ownership by Alterra Mountain Company ensures that the resort remains at the forefront of the skiing industry while maintaining its unique charm and heritage.

 

Partnerships and Collaborations

Steamboat Springs Ski Resort understands the importance of building strong partnerships and collaborations to enhance the guest experience and contribute to the overall success of the resort. Through strategic alliances, the resort can offer a wide range of amenities and services that cater to the diverse needs and interests of its visitors.

 

One notable partnership is with Rossignol, a renowned ski equipment manufacturer. Steamboat Springs Ski Resort has an exclusive collaboration with Rossignol, providing guests with the opportunity to rent and demo the latest ski and snowboard gear from one of the industry’s leading brands. This partnership ensures that visitors have access to high-quality, well-maintained equipment to enhance their on-mountain experience.

 

The resort also collaborates with local businesses to support the local economy and promote the unique offerings of Steamboat Springs. By featuring locally sourced food and beverages at its restaurants and cafes, the resort showcases the region’s culinary delights and supports local farmers and producers.

 

Additionally, Steamboat Springs Ski Resort has collaborated with other mountain destinations as part of the Ikon Pass, a multi-resort ski pass that offers access to a network of world-class ski resorts. This collaboration allows skiers and snowboarders to explore various destinations, including Steamboat Springs, with one convenient pass. It provides flexibility and options for those seeking new adventures in different mountain settings.

 

The resort also partners with various organizations to promote environmental sustainability and conservation efforts. Steamboat Springs Ski Resort is a proud participant in the National Ski Areas Association’s Sustainable Slopes program, which focuses on reducing the environmental impact of ski resorts and promoting sustainable practices.

 

Furthermore, the resort collaborates with local environmental groups and initiatives to minimize its carbon footprint and protect the natural resources of the surrounding area. Through the implementation of energy-efficient practices, recycling programs, and water conservation measures, Steamboat Springs Ski Resort demonstrates its commitment to preserving the pristine beauty of the mountain environment for future generations to enjoy.

 

Community collaborations are also a significant part of Steamboat Springs Ski Resort’s efforts. The resort partners with local charities and non-profit organizations to support community development and contribute to the well-being of the region. Whether through fundraising events, volunteering efforts, or sponsorship programs, the resort actively engages with the local community and strives to make a positive impact.

 

These partnerships and collaborations not only enhance the overall guest experience at Steamboat Springs Ski Resort but also demonstrate the resort’s dedication to sustainability, community engagement, and the preservation of the natural environment. By working together with like-minded organizations and businesses, the resort ensures a vibrant and sustainable future for Steamboat Springs and its surrounding area.

 

Development and Expansion Plans

Steamboat Springs Ski Resort is committed to ongoing development and expansion to provide an exceptional experience for its guests while preserving the character and charm of the area. The resort’s plans for growth focus on enhancing infrastructure, offering new amenities, and improving sustainability efforts.

 

One of the key areas of development is lift infrastructure. Steamboat Springs Ski Resort aims to improve lift capacity and efficiency to reduce wait times and enhance the overall skiing experience. These upgrades ensure that visitors can spend less time in line and more time exploring the mountain.

 

The resort also places great emphasis on improving and expanding its snowmaking capabilities. By investing in state-of-the-art snowmaking technology, Steamboat Springs Ski Resort can supplement natural snowfall and ensure consistent skiing conditions throughout the season. This commitment to snowmaking allows for a longer ski season and a more reliable snow base.

 

Furthermore, Steamboat Springs Ski Resort is constantly exploring opportunities for terrain expansion. The resort recognizes the desire for varied and diverse terrain options, catering to skiers and snowboarders of all skill levels. By expanding its trail offerings, the resort aims to provide new challenges and adventures for both beginners and experts.

 

In addition to on-mountain improvements, Steamboat Springs Ski Resort is focused on enhancing the overall guest experience through the development of new amenities and facilities. This includes the expansion and renovation of on-site lodges, restaurants, and après-ski options. By creating inviting and comfortable spaces, the resort ensures that visitors can relax and unwind in style after a day on the slopes.

 

Sustainability is also a priority in the resort’s development plans. Steamboat Springs Ski Resort is continually looking for ways to minimize its environmental impact and promote sustainable practices. This includes the implementation of energy-efficient technologies, waste reduction initiatives, and collaboration with local environmental organizations. The resort aims to be a leader in sustainable ski resort operations, preserving the natural beauty of the surrounding environment for future generations.

 

Additionallly, the resort is exploring summer development opportunities. Recognizing that the beauty of Steamboat Springs extends beyond the winter months, the resort is considering ways to provide recreational activities and attractions during the summer season. From hiking and mountain biking trails to scenic chairlift rides and outdoor events, the resort seeks to offer year-round adventure and entertainment.

 

Steamboat Springs Ski Resort’s commitment to development and expansion ensures that the resort remains at the forefront of the ski industry, providing an exceptional experience for visitors. By continuously investing in infrastructure, expanding amenities, and embracing sustainable practices, the resort aims to create a memorable and sustainable destination for all who venture to its slopes.

 

Economic Impact of Steamboat Springs Ski Resort

Steamboat Springs Ski Resort, as one of the premier ski destinations in North America, has a significant economic impact on the local community and the broader region. The resort’s operations create jobs, generate revenue, and attract visitors, thereby benefiting a wide range of businesses and industries.

 

One of the key economic contributions of Steamboat Springs Ski Resort is the employment opportunities it provides. The resort is a major employer, offering jobs in various sectors such as hospitality, food and beverage, retail, and outdoor recreation. These employment opportunities support local residents, aiding in the growth and stability of the community.

 

The resort also brings in a considerable number of visitors, both domestically and internationally. These visitors contribute to the local economy by spending money on lodging, dining, shopping, and other recreational activities. Hotels, restaurants, shops, and other businesses in Steamboat Springs directly benefit from the influx of tourists, experiencing increased sales and revenue during the ski season.

 

In addition, the ski resort indirectly supports other industries such as transportation, construction, and professional services. Airlines, taxi services, and rental car companies see an increase in demand during peak ski season as visitors travel to and from Steamboat Springs. Meanwhile, construction companies and contractors may be involved in resort expansions and renovations, boosting the local construction industry.

 

The economic impact of Steamboat Springs Ski Resort extends beyond the direct and indirect spending by visitors. The resort’s operations also contribute to tax revenues, which support public services and infrastructure development. Taxes generated from resort operations can be used to improve roads, schools, healthcare facilities, and other essential services, benefiting both residents and visitors alike.

 

Moreover, the ski industry has a multiplier effect on the local economy. The presence of a world-class ski resort attracts businesses and entrepreneurs who see opportunities to serve the needs of visitors and residents alike. This leads to the establishment of additional hotels, restaurants, shops, and recreational activities, further boosting the economic vitality of the community.

 

Steamboat Springs Ski Resort also plays an active role in promoting tourism and attracting visitors to the region. The resort’s marketing efforts, including advertising campaigns and partnerships, showcase the unique attractions of Steamboat Springs and help to increase awareness and interest among potential visitors. This promotion of the area as a tourist destination ultimately benefits the local economy by bringing in more visitors and driving economic growth.

 

It is clear that Steamboat Springs Ski Resort has a significant economic impact on the local community and the surrounding region. From providing employment opportunities to generating revenue and supporting local businesses, the resort’s operations contribute to the prosperity and vitality of Steamboat Springs as a vibrant mountain destination.

 

Environmental Initiatives and Sustainability Efforts

Steamboat Springs Ski Resort is dedicated to preserving the natural environment and implementing sustainable practices to minimize its ecological footprint. Recognizing the importance of protecting the pristine mountain environment, the resort has undertaken various initiatives and sustainability efforts.

 

One of the key pillars of the resort’s sustainability efforts is reducing greenhouse gas emissions. Steamboat Springs Ski Resort has invested in energy-efficient technologies, such as LED lighting and energy management systems, to minimize energy consumption and reduce its carbon footprint. Additionally, the resort actively promotes renewable energy sources and strives to increase the utilization of clean energy in its operations.

 

Waste management and recycling programs are also integral to the resort’s sustainability initiatives. Steamboat Springs Ski Resort encourages guests and staff to recycle and minimize waste by providing clearly marked recycling bins and implementing composting programs. The resort aims to divert a significant portion of its waste from landfills through comprehensive waste reduction and recycling efforts.

 

The resort prioritizes water conservation and efficiency in its operations. Steamboat Springs Ski Resort has implemented water-saving measures such as installing low-flow fixtures and actively monitoring irrigation systems to ensure efficient water usage. These initiatives help to preserve this precious resource and support the overall health of the surrounding ecosystem.

 

In collaboration with environmental organizations and local stakeholders, Steamboat Springs Ski Resort actively participates in environmental restoration projects. These projects focus on restoring and protecting natural habitats, promoting biodiversity, and preserving sensitive ecosystems. The resort also engages in tree planting initiatives to offset its carbon emissions and restore the natural landscape.

 

Education and awareness play a crucial role in the resort’s sustainability efforts. Steamboat Springs Ski Resort strives to educate guests and staff on sustainable practices, environmental stewardship, and the importance of protecting the natural environment. Through signage, educational programs, and community outreach, the resort aims to inspire individuals to make environmentally conscious choices both on and off the mountain.

 

Furthermore, the resort collaborates with local wildlife conservation organizations to protect the diverse wildlife that calls the surrounding area home. Efforts include habitat restoration, wildlife monitoring, and education to ensure that wildlife habitats are safeguarded and respected by both guests and staff.

 

Steamboat Springs Ski Resort is committed to continuous improvement and regularly evaluates its sustainability efforts through environmental audits and performance assessments. These assessments provide valuable insights and identify areas for further improvement, allowing the resort to adapt and implement innovative sustainable practices.

 

By integrating environmental initiatives and sustainability efforts into its daily operations, Steamboat Springs Ski Resort aims to be a leader in responsible tourism. The resort’s commitment to preserving the natural environment ensures that future generations can continue to enjoy the beauty and outdoor recreational opportunities of this magnificent mountain destination.

 

Community Engagement and Local Support

Steamboat Springs Ski Resort understands the integral role it plays in the local community and is deeply committed to community engagement and supporting the needs of the region. Through various initiatives and partnerships, the resort actively contributes to the social and economic well-being of the community.

 

The resort fosters strong relationships with local businesses, organizations, and residents. By sourcing products and services locally, Steamboat Springs Ski Resort supports the local economy and promotes the unique offerings of the region. From collaborating with local food vendors to utilizing local contractors for construction and maintenance projects, the resort prioritizes working with community partners to create a mutually beneficial and sustainable environment.

 

Steamboat Springs Ski Resort actively participates in community events and initiatives. The resort sponsors and supports local festivals, concerts, and charity events, contributing both financially and through the provision of resources and volunteers. By being an active member of the community, the resort helps cultivate a vibrant and inclusive atmosphere that benefits residents and visitors alike.

 

One key area of community engagement is education and youth development. The resort partners with local schools and educational organizations to provide opportunities for learning, outdoor exploration, and winter sports education. These partnerships aim to promote physical activity, environmental awareness, and a love for the outdoors among the younger generation.

 

Steamboat Springs Ski Resort also engages in philanthropic endeavors, supporting a wide range of organizations that address critical social and environmental issues. The resort contributes to local charities, non-profit organizations, and initiatives that focus on community development, environmental conservation, and social welfare. By investing in these causes, the resort aims to make a positive and lasting impact on the community.

 

The resort actively encourages its guests and staff to participate in community engagement efforts. Through volunteer programs, employees have the opportunity to contribute their time and skills to local initiatives, further strengthening the bond between the resort and the community. Additionally, the resort promotes responsible tourism practices among guests, encouraging them to support local businesses, respect the environment, and engage in cultural exchange.

 

Moreover, Steamboat Springs Ski Resort engages in open and transparent communication with the local community. The resort seeks input and feedback from residents and stakeholders to ensure their voices are heard and their opinions are taken into consideration. This collaborative approach helps foster a sense of ownership and pride among community members.

 

By actively engaging with the community and providing support to local initiatives, Steamboat Springs Ski Resort demonstrates its commitment to being a responsible and accountable partner. The resort’s efforts contribute to the overall well-being of the community, fostering a close-knit and thriving destination that goes beyond its reputation as a premier ski resort.

 

Conclusion

Steamboat Springs Ski Resort stands as a shining example of a world-class winter destination that seamlessly blends exceptional skiing, warm hospitality, and a commitment to sustainability and community engagement. From its storied history to its current ownership by Alterra Mountain Company, the resort has continually evolved and improved to provide an unforgettable mountain experience.

 

With its rich heritage and deep roots in the winter sports community, Steamboat Springs Ski Resort has become synonymous with legendary Champagne Powder® snow and thrilling outdoor adventures. Visitors from around the world are drawn to the resort’s diverse terrain, state-of-the-art facilities, and the warm western hospitality that permeates the area.

 

Not only does Steamboat Springs Ski Resort offer world-class skiing and snowboarding, but it also boasts a vibrant après-ski scene and a charming alpine village that captivates guests year after year. The resort’s commitment to providing exceptional guest experiences can be seen in its ongoing development and expansion plans, ensuring that visitors have access to top-notch amenities, efficient infrastructure, and a variety of recreational activities.

 

Beyond its recreational offerings, Steamboat Springs Ski Resort plays a crucial role in the local community. Through partnerships and collaborations with local businesses, organizations, and residents, the resort supports the local economy, promotes sustainable practices, and engages in community initiatives. This close relationship between the resort and the community fosters a sense of pride, belonging, and shared responsibility for preserving the natural beauty and unique character of Steamboat Springs.

 

From environmental initiatives to community engagement efforts, Steamboat Springs Ski Resort is committed to being a responsible steward that values the environment, cultural heritage, and the well-being of its guests and the local community. By actively participating in sustainability programs, supporting local businesses, and giving back through philanthropy and volunteerism, the resort leaves a positive and enduring impact on the region.

 

In conclusion, Steamboat Springs Ski Resort is not just a ski destination, but a gateway to a world of adventure, camaraderie, and natural beauty. It embodies the spirit of the Rocky Mountains and the warmth of the Steamboat Springs community. Whether you’re a beginner or an expert, a skier or a snowboarder, there is something for everyone at Steamboat Springs Ski Resort. So, pack your gear, embrace the thrill of the slopes, and immerse yourself in the enchanting experience that awaits you in the heart of the Rocky Mountains.