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For Sale: Jackson Hole ski resort
The resort, which is just six blocks from the Jackson Hole town square, features 400 skiable acres, three ski lifts, snow making equipment, and well lit runs for both day and night skiing. It also has a lodge with 200+ rooms for visitors, condominiums for extended stays, and even a conference center.
Current owner Mauel Lopez hasn't said how much he is asking for the resort, but he is reportedly in negotiations with more than one interested party. He also notes that he is selling Snow King for personal reasons and not financial ones, and that he would prefer to sell it as a single unit, and not break it up into separate pieces.
Snow King first opened back in 1939, which means it has actually been around longer than Jackson Hole itself. The resort is a popular one with local skiers and snowboarders however, many of whom have learned to ski on its slopes. Because of this sentimental attachment, many in town are worried that a buyer won't be found and Lopez will simply shutdown operations before the season begins.
If reports are to be believed, La Nina is cranking up for another year, which could mean lots of snow in Jackson Hole again this season. Loads of powder could also translate into a busy season on the slopes, which means Snow King just might be a good investment for someone looking to break into the resort business.
Anyone up for a Gadling ski resort?