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Mammoth Mountain Buys Southern California Ski Resort

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For months, heck even years, there has been the rumor that Vail Resorts was interested in buying Mammoth.  Depending on who you spoke with here in town – was it going to be a good thing or another corporate conglomerate taking over our little town.  But today the word is out that Mammoth Mountain is the one doing the buying.

As of early Wednesday morning, Mammoth Mountain Ski Area (owner of Mammoth Mountain and June Mountain) announced it has acquired Big Bear Mountain Resorts in Big Bear Lake, California. The agreement states that Mammoth will acquire both Bear Mountain and Snow Summit—southern California’s largest and most popular ski and snowboard destination. Along with the agreement comes the Cali4nia pass from Mammoth Mountain, which includes unrestricted access at each of the ski areas all season long. The Cali4nia pass will go on sale on September 27, priced at $689. For more information about this pass visit www.MammothMountain.com

With this acquisition, Mammoth now operates 4 Ski Resorts with over 8000 skiable acres. The resorts of Bear Mountain and Snow Summit are only located a short drive from everywhere in Southern California, and Mammoth Mountain being the further but more of a destination resort for those to have extended vacation stays.

“We couldn’t be more excited to enter into this agreement with Big Bear Mountain Resorts. These two uniquely southern California resorts have been providing great skiing, riding and biking experiences to visitors from California and beyond. Millions have enjoyed their first mountain resort experience on the slopes of Bear Mountain and Snow Summit, and we look forward to expanding upon the legacy that Dick Kun and his people have created over the past six decades,” said Rusty Gregory, Chairman and CEO of Mammoth Mountain. “This acquisition represents the beginning of a renaissance for both Mammoth and Big Bear and is the first step in the next era of skiing and riding in California. In the coming months we will be announcing exciting new development and expansion plans for each of our four resorts designed to attract visitors from down the street, across the country, and around the world,” added Gregory.

Is this part of the consolidation trend in the ski industry or is it just an opportunity for Starwood to develop more properties.  Maybe I should join Big Bear MLS too…stay tuned.

Submitted by Nicole Godoy
Nicole Godoy can be reached at Nicole@TheMammothAgent.com or 760-914-2186

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