It was announced today that the ski resort founded in 1949 by the legendary Alexander Cushing will be acquired by KSL Capital Partners, a Colorado-based private equity firm with holdings in the travel and leisure business.
Recently appointed Squaw Valley President Andy Wirth will stay on. He called the purchase by KSL great news.
“The KSL team has already committed more than $50 million in capital improvements over the next three-to-five years here at Squaw,” said Wirth.
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I’ve been reading about Squaw Valley and learned that it is the largest of the Lake Tahoe ski resorts and boasts over 4,000 acres of terrain and over 170 ski trails.
I think they are doing a great job of keeping Squaw Valley a winter heaven for a lot of skiers.
Yes Jason Squaw Valley is a great ski resort and DYK that you can ski there for less than $50 a day?