Powdr Corporation
Encyclopedia
Powdr Corporation is one of the largest ski resort operators in North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...

, along with Boyne Resorts
Boyne Resorts
Boyne Resorts is the third largest owner and operator of ski and golf resorts in the United States and is the longest running management team at nearly 60 years. The company employs over 7,000 fulltime and seasonal staff. It operates 13 resort properties - 10 ski resorts and 11 golf courses. The...

, Intrawest
Intrawest
Intrawest ULC is a developer and operator of destination resorts and a luxury adventure travel company. The company was founded in 1976 as a privately funded real estate development company...

, and Vail Resorts
Vail Resorts
Vail Resorts, Inc. runs four ski resorts in Colorado, as well as two in Lake Tahoe and a summer resort in Wyoming. They also own luxury resort hotels throughout the United States. The company trades on the New York Stock Exchange, symbol MTN...

. Unlike its competitors, Powdr focuses on ski area operations rather than real estate development. It is owned by the Cumming family and headquartered in Park City, Utah
Park City, Utah
Park City is a town in Summit and Wasatch counties in the U.S. state of Utah. It is considered to be part of the Wasatch Back. The city is southeast of downtown Salt Lake City and from Salt Lake City's east edge of Sugar House along Interstate 80. The population was 7,558 at the 2010 census...

. John Cumming, who co-founded the clothing company Mountain Hardwear
Mountain Hardwear
Mountain Hardwear, founded in 1993, is a California -based company that manufactures outdoor clothing, backpacks, sleeping bags, tents, and gloves. Columbia Sportswear purchased Mountain Hardwear in 2003. The company is headquartered in Richmond, California.-History:In 1993, a small group of...

, is the current CEO of Powdr Corp.

History

Powdr was founded in 1994 by Ian Cumming with the purchase of Park City Mountain Resort.

Later that year, the company expanded into California with the purchase of Alpine Meadows near Lake Tahoe.

In August of 1995, the company continued its expansion in California with the purchase of the Boreal and Soda Springs ski areas.

In April 2001, Powdr acquired Mount Bachelor from a group of shareholders.

The company bought Las Vegas Ski & Snowboard Resort in November 2003.

Killington and Pico were sold to Powdr by American Skiing Company
American Skiing Company
American Skiing Company was one of the largest operators of alpine ski, snowboard and golf resorts in the United States. Its resorts included Sunday River and Sugarloaf, in Maine and The Canyons in Utah....

 in May 2007.

In July 2007, Powdr sold Alpine Meadows to JMA Ventures.

Powdr acquired Copper Mountain, Colorado in December 2009 from Intrawest
Intrawest
Intrawest ULC is a developer and operator of destination resorts and a luxury adventure travel company. The company was founded in 1976 as a privately funded real estate development company...

.

Controversy

Powdr was criticized for its refusal to honor lifetime season passes upon its purchase of Killington Resort and increasing pass prices at Mt. Bachelor. In July of 2010, "A federal judge dismissed a class action lawsuit against Killington Resort over so-called 'lifetime' ski passes. Judge Christina Reiss found that the resort owner was under no legal obligation to honor the investor season passes when it purchased Killington Resort in 2007. She also noted that in its purchase agreement with American Skiing Co., SP Land agreed to honor 37 'lifetime' passes, which did not include the names of the plaintiffs or the names of any class members. (A number of those lifetime passes were issued over the years to former employees). She said the investor pass certificates stated very clearly that the passes were valid 'so long as the Sherburne Corp., and that became Killington Ltd., continued to operate the lifts there' and that neither corporation exists today.

Properties

  • Boreal Mountain Resort
    Boreal Mountain Resort
    Boreal Mountain Resort is a ski area in Soda Springs, near the Lake Tahoe area of California. It has nine chair lifts and offers night skiing until 9 pm. It is owned by Powdr Corporation...

    , California
  • Copper Mountain
    Copper Mountain (Colorado)
    Copper Mountain is a mountain located in Summit County, Colorado, about west of Denver on Interstate 70. Opened in late 1972, its most notable use is as a ski resort, owned and operated by Intrawest until Dec...

    , Colorado
  • Killington Ski Resort
    Killington Ski Resort
    Killington Mountain Resort & Ski Area is a ski resort near Killington, Vermont. It is the largest ski area in the Eastern United States, and has the largest vertical in New England as well at 3050 feet.-History:In 1954, Perry H...

    , Vermont
  • Las Vegas Ski & Snowboard Resort, Nevada
  • Mount Bachelor, Oregon
  • Park City Mountain Resort
    Park City Mountain Resort
    Park City Mountain Resort is a ski resort in Park City, Utah, located east of Salt Lake City. The resort has been a major tourist attraction for skiers from all over the United States, as well as a main employer for many of Park City's citizens. Park City, as the resort is often called by locals,...

    , Utah
  • Pico Mountain
    Pico Mountain
    Pico Mountain Ski Area was one of the first commercial ski resorts in Vermont, USA. The base lodge was located on the northwest side of Pico Peak on U.S. Route 4. In 1996, the resort went into receivership and was bought by the Killington Mountain Resort and Ski Area in December 1997. Ski runs have...

    , Vermont
  • Soda Springs, California
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