Intrawest

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Intrawest is a company offering destination resorts and luxury adventure travel. The company was founded in 1976 as a real estate development company. In 1986, Intrawest acquired Blackcomb Mountain from the Aspen Skiing Company. Ten years later, Intrawest acquired Whistler Mountain to form Whistler Blackcomb resort, a host venue of the 2010 Winter Olympics and Paralympic Games.

Today, the Intrawest network of resorts includes 10 mountain resorts, Sandestin Golf & Beach Resort and Club Intrawest, a private resort club with nine locations throughout North America. The company is the largest developer and operator of resort properties in North America offering skiing, snowboarding, golf, mountain biking, lodging and real estate opportunities at each of its resorts. Intrawest develops real estate at its resorts and at other locations across North America and in Europe.

The company owns Canadian Mountain Holidays, the largest heli-skiing operation in the world, and a majority interest in Abercrombie & Kent, which offers luxury adventure travel.

Resorts owned at least in part by Intrawest include:

Blue Mountain, Ontario
Copper Mountain, Colorado
Mammoth, California
Mountain Creek, New Jersey
Panorama Mountain Village, British Columbia
Sandestin Golf & Beach Resort, Florida
Snowshoe Mountain, West Virginia
Steamboat Ski Resort, Colorado
Stratton Mountain, Vermont
The Village at Squaw Valley, California
Tremblant, Quebec
Whistler Blackcomb, British Columbia
Winter Park, Colorado
Zihuatanejo, Guerrero, Mexico
Les Arcs 1950, France

On October 26, 2006 Intrawest was purchased by Fortress Investment Group LLC, a private equity investment company for the amount of approimateley US$2.8 billion. This purchase took the New York listed stock "IDR" private. Intrawest investors received $35/share cash.

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