Ian Cummings, founder of POWDR Corp (owner of Park City Mountain Resort) has acquired a majority ownership stake in nearby Snowbird Ski Resort.

If you had your hopes up for a potential combined pass for PCMR and Snowbird, don’t get ahead of yourself: while POWDR Corp has owned Park City Mountain Resort since 1994, sources indicate that Cummings’ partnership with Snowbird does not involve POWDR. Further complicating things, POWDR is tied up in legal wranglings with Talisker Corp and Vail Resorts over the future of Park City Mountain Resort.

Snowbird Ski Resort’s Future

The move appears to be providing much needed liquidity to Snowbird which is in need of improvements and modernization. Snowbird’s management team will stay in place and next year will be “business as usual”.

According to Snowbird’s Dick Bass the partnership with Cummings “will enable Snowbird to achieve more rapid growth and even greater benefits for our guests in keeping with our founding perspective and philosophy of providing a year-round destination mountain resort.”

Snowbird is poised to break ground on a new restaurant and skier services building on Hidden Peak this summer, with future improvements to follow.

Source: Ski Area Management

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