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Intrawest eventually spun off Whistler-Blackcomb and sold the last of its shares in that company in 2012. Today, the Intrawest network includes mountain resorts . Intrawest also operates Club Intrawest , a private resort club with nine locations in North America.
Aug 9, 2016 · March 1997: Whistler Mountain Ski Corp., the owner of Whistler, and Blackcomb owner Intrawest Corp. merge. Spring 2000: A new village at Whistler Creekside begins development.
Copper Mountain was sold in December 2009, followed by Panorama in early 2010, Mountain Creek in May 2010, and some of its non ski area assets. Also around this time, Intrawest missed loan payments on its Whistler Blackcomb holdings, forcing the sale of the majority of the ski resort via a public stock offering in late 2010.
Dec 4, 2012 · The deal calls for KSL to acquire Intrawest’s 9,092,500 common shares of Whistler Blackcomb Holdings, representing 24 percent of the total, for $12.75 a share, or a total of $115.9 million. Whistler Blackcomb Holdings owns a 75 percent interest in Whistler Mountain Resort Limited Partnership and Blackcomb Skiing Enterprises Limited Partnership.
Dec 21, 2010 · Ecoasis Properties Ltd. bought Kadenwood, a ski-in-ski-out community launched by Intrawest in the fall of 2001, at the end of September for an undisclosed amount. It’s one of several assets...
- Peter Mitham
Statistics: Public Company. Incorporated: 1979. Employees: 1,500. Revenues: C$194.7 million (1995) Stock Exchanges: Toronto Montreal Vancouver. SICs: 7011 Ski Lodges and Resorts. Company History: The Intrawest Corporation, based in Vancouver, British Columbia, Canada, is the fourth largest operator of ski resorts in North America.
In 1997, the Whistler Mountain Ski Corporation was also bought out by Intrawest. Like their expansion on Blackcomb , Intrawest immediately started a major build-out on Whistler .
