Tag Archives: ski resorts

Squaw Valley ski resort sold

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.

Escala Ski Resort & Lodge Ready To Open In Park City Utah

Hyatt's Escala Ski Resort & Lodge

Hyatt Hotels & Resorts is opening the new Hyatt Escala Lodge ski resort at Park City in Utah in late November.

The ski-in, ski-out condominium hotel property is located at the base of the Sunrise Chairlift in the Canyons Resort in Park City, Utah – the largest ski and snowboard area in Utah, with 4,000 skiable acres. Hyatt Escala Lodge will also provide a base for exploring Park City’s many outdoor summer activities such as golf, fly fishing, and mountain biking.

This mountain retreat at the Canyons is styled after grand European lodges, with native mountain stonework and timber frame construction. Hyatt Escala Lodge at Park City consists of 85 condominiums, which can be divided into 178 residential-style, hotel suites ranging in size from one-bedroom units at 680 square feet to four-bedroom units with 2,810 square feet.

Hyatt Escala Lodge is 30 minutes’ drive from The Salt Lake City International Airport and Heber Valley Airport (Russ McDonald Field), which accommodates private-jet service. The hotel is minutes from downtown Park City’s historic Main Street and the other two major ski resorts in the area, Deer Valley Resort and Park City Mountain Resort.