Michigan-based Boyne Resorts has reached an agreement to assume outright ownership of six ski resorts it is operating under long-term lease agreements, a development that could boost investment in the properties from Maine to Washington State, the company said.
The agreement covers Brighton Resort near Salt Lake City; Cypress Mountain in British Columbia; Loon Mountain in New Hampshire; Sugarloaf and Sunday River in Maine; and The Summit at Snoqualmie near Seattle. Also included is the Gatlinburg Sky Lift in Gatlinburg, Tennessee.
The deal with Oz Real Estate will allow the new owner to invest in the seven properties, said Steve Kircher, Boyne’s …read more
Source: Bangor Daily News