Dear CMAC families,
I hope this note finds each of you doing well. It seems like ski season just ended and although a busy summer for my family and me, it was far too short. But with that, we are already gearing up for the 2018-19 ski race season with the Board and many of the program’s volunteers getting ready for another great year on the slopes. And from a look at our early registration numbers, it appears many of you are thinking about the upcoming year as well! The numbers look great and are well ahead of where we were at this time last year. Be sure to get your spot(s) on the team early so that we can plan accordingly.
On another note, and one I’m sure most of you are aware of by now, it was recently announced that Crystal Mountain, Inc., (CMI) will be acquired by Alterra Mountain Company (Alterra) with an anticipated closing sometime in the fourth quarter this year. I won’t spend too much time on the details here (mostly because many of the details are still unknown), but what I can tell you is that from our preliminary conversation with CMI, we anticipate this upcoming season to be “business as usual” for CMAC.
Alterra is a Denver-based company privately owned by KSL Capital Partners and Aspen/Snowmass. Alterra consists of approximately 13 well-known and respected ski resorts such as Mammoth Mountain, Winter Park, Steamboat, Squaw Valley and others. What I think is important to understand at this early stage is that the owners of Alterra have a track-record for being avid supporters of ski racing and we have no reason to believe it will be any different at Crystal Mountain.
We will be communicating further with both CMI as well as Alterra management over the next several months and as information becomes available, I will certainly pass it along.
Thanks everyone for a great season last year and looking forward to an even better season this year!
See you on the slopes!
Andrew G. Stines