Mt. Bachelor Ski Area Listed for Sale

Killington and Pico Mountain in Vermont have been sold to local investors Phil Gross and Michael Ferri, who aim to enhance the ski resort's community presence while maintaining current operations and staffing. The sale, finalized on August 21, 2024, will pave the way for future developments, including a new mountain village, with details to be revealed post-closing. Meanwhile, Powdr Corp, the owner of Mt. Bachelor in Oregon, has announced plans to sell the resort along with Eldora and SilverStar ski areas, with JP Morgan Chase managing the sales process. Despite the impending sale, operations for the upcoming ski season will remain unchanged for Mt. Bachelor, which boasts significant economic importance in the Bend area. Powdr Corp, which has owned Mt. Bachelor since 2001, is shifting focus towards new ventures, including national parks. The future of these ski areas remains uncertain as the sales progress.