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      Stratton Mountain Real Estate

      Blog :: 01-2018

      STRATTON MOUNTAIN SCHOOL'S CAROLINE CLAIRE HEADS TO OLYMPICS

      (The following is provided by Stratton Mountain School)

      Local Stratton Mountain School senior, Caroline Claire (Manchester Center, VT), has been named to the U.S. Olympic Freeski Team for Slopestyle. She will travel to PyeongChang this February for the 2018 Winter Olympic Games. Caroline’s 3rd place finish in the recent Mammoth Slopestyle World Cup, which was an Olympic qualifier event, helped secure her spot on the team. U.S. Ski and Snowboard announced the team selections on Tuesday.

      “We are so proud of Caroline for having been named to the Olympic Freeski Team. Her skiing has progressed tremendously during her time at Stratton Mountain School, and she has worked hard to get where she is today. To have the honor of representing her country on the world’s largest stage is well deserved,” stated Stratton Mountain School Freeskiing Program Director, Jesse Mallis.

      Caroline is one of four women selected to represent the United States in the Women’s Slopestyle competition at the Olympics next month. She qualified for the team through a series of events beginning last February and concluding this past weekend in Mammoth, California.

      Stratton Mountain School’s history includes forty-two Olympians and sixty-six Olympic Team placements in Alpine skiing, Nordic skiing, and Snowboarding. Caroline will be the first Freeskier from the school to compete at the Olympic level and the first Stratton Mountain School student to represent the United States at the Olympics while enrolled in the school.

      “We are pleased to have Caroline representing the United States and Stratton Mountain School at the 2018 Winter Olympics in PyeongChang. The entire SMScommunity is excited for Caroline, as she has earned the opportunity to compete at the highest level of her sport,” stated SMS Headmaster, Chris Kaltsas.

      Stratton Mountain School is an independent boarding and day school that focuses on college preparatory academics and competitive winter sports. Located at the base of Stratton Mountain, SMS is accredited by NEASC, is a member of NAIS, and is an official U.S. Ski & Snowboard Development Site.

       

      STRATTON NOW OWNED BY ALTERRA MOUNTAIN COMPANY


      PROVIDED BY STRATTON

      DENVER, CO, January 11, 2018 - The joint venture of affiliates of KSL Capital Partners and Henry Crown and Company that curated 12 premier destinations in North America, now has a name. Announcing Alterra Mountain Company, a new destination group that is changing the landscape of the mountain resort industry.

      Alterra Mountain Company, headquartered in Denver, Colorado is comprised of 12 destinations, including the world’s largest heli-skiing operation. Alterra Mountain Company was created when affiliates of KSL Capital Partners, owners of Squaw Valley Alpine Meadows, and Henry Crown and Company purchased Intrawest, Mammoth Resorts, and Deer Valley Resort in 2017.

      “Alterra Mountain Company is made up of unique mountain destinations, each with a personality and spirit that has delighted visitors for generations. Our vision at Alterra Mountain Company is to protect and enhance what makes each destination special, inviting guests back to their favorite mountain, and enticing them to visit new destinations on their bucket list,” said David Perry, President and COO, Alterra Mountain Company. “We respect and continue to learn from the pioneers and leaders that built these iconic locations and paved the way before us, as we push the boundaries and innovate for our future.”

      Alterra Mountain Company’s destinations offer premium ski, snowboard and all-season activities for those who seek adventure, freedom, and fun in the great outdoors. The destinations that make up Alterra Mountain Company are spread throughout five states and three Canadian provinces: Steamboat and Winter Park in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Deer Valley in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia.

      At each destination, Alterra Mountain Company leaders are empowered to be decisive, creative, and bold in order to retain each mountain’s authentic character. Recognizing the innate value of the unique culture found at each of the mountain communities, Alterra Mountain Company’s goal is to preserve, sustain and support its two most important resources: the mountains and the people who live and play in them.

      About the Name and Logo
      The name Alterra is a fusion of the words altitude and terrain/terra, paying homage to the mountains and communities that form the backbone of the company.
      In the coming months Alterra Mountain Company will announce new season pass products that will provide access to all of our existing mountains, plus many additional benefits, sure to please skiers and riders.

      About Alterra Mountain Company
      Alterra Mountain Company is a community of 12 iconic year-round destinations, including the world’s largest heli-ski operation. The company owns and operates a range of recreation, hospitality, real-estate development, food and beverage and retail businesses. Headquartered in Denver, Colorado with destinations across the continent, we are rooted in the spirit of the mountains and united by a passion for outdoor adventure. Alterra Mountain Company’s family of diverse playgrounds spans five U.S. states and three Canadian provinces: Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Deer Valley in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia. We honor each destination’s unique character and authenticity and celebrate the legendary adventures and enduring memories they bring to everyone. For more information on Alterra Mountain Company, visit www.alterramtnco.com.

      About KSL Capital Partners, LLC
      KSL Capital Partners, LLC is a private equity firm specializing in travel and leisure enterprises in five primary sectors: hospitality, recreation, clubs, real estate, and travel services. KSL has offices in Denver, Colorado; Stamford, Connecticut; and London. Since 2005, KSL has raised approximately $8.2 billion of capital across both debt and equity funds. KSL's current portfolio includes some of the premier properties in travel and leisure. For more information, please visit www.kslcapital.com.

      About Henry Crown and Company
      Henry Crown and Company, through a newly formed affiliate, is a minority investor in the new joint venture Alterra Mountain Company. Henry Crown and Company dates back to the early 1900’s when Henry Crown and his brothers started Material Service Corporation, which was later merged into General Dynamics. Today, the Crown’s family assets fall into four broadly defined categories, including publicly traded securities, real estate, investment funds, and privately held operating companies, including Aspen Skiing Company, L.L.C. Aspen Skiing Company owns and operates the four mountains of Aspen Snowmass – Snowmass, Aspen Mountain, Aspen Highlands, and Buttermilk – as well as hospitality properties The Little Nell, Residences at The Little Nell, Limelight Aspen, and Limelight Ketchum in Ketchum, Idaho. In addition, Aspen Skiing Company owns and operates numerous retail and rental locations through the resort and the Roaring Fork Valley. Aspen Skiing Company, LLC is one of the Henry Crown and Company entities which owns Alterra Mountain Company. Aspen’s mountains and properties will continue to be run directly by Aspen Skiing Company and not by Alterra Mountain Company. For more information, visit www.aspensnowmass.com.

      EPA HONORS STRATTON MOUNTAIN

      PROVIDED BY STRATTON RESORT:

      Food Recovery and Recycling Practices Recognized

      STRATTON MOUNTAIN, VT – The U.S. Environmental Protection Agency has recently issued two certificates of achievement to Stratton Mountain, one for the resort’s composting initiative and another for comprehensive recycling programs.
      “Thanks to your participation and results, EPA New England Food Recovery Challenge participants diverted over 56,000 tons of food to donation or composting in 2016,” reports Deborah Szaro, regional EPA administrator. Stratton has diverted 50 tons since 2014 when the composting program for cafeterias, restaurants and events began.

      “We have incorporated single stream recycling throughout the resort and when composting became available we seized the opportunity to further reduce waste,” explained Stratton Environment and Safety Manager Jeffrey Cavagnino. In addition, Stratton was among the first resorts to offer reusable cutlery and dishes in its cafeteria.

      Stratton is also the only organization in Vermont to be recognized as an EPA WasteWise partner; together the New England partners prevented and diverted more than 242,000 tons of waste that would otherwise have been disposed of in landfills or incinerators.
      “For 23 years, EPA’s WasteWise program has helped organizations and businesses apply sustainable materials management practices to prevent and reduce municipal and industrial waste,” said Szaro in announcing the second certificate for Stratton.

      “The environment is our No. 1 asset,” explained Cavagnino. Stratton has been recognized with numerous national and state environmental awards, beginning in the early 1990s when the resort invested $100,000 in a radio telemetry study of Vermont’s black bear. The research provided valuable data for land use planning throughout the state and resulted in Stratton’s permanent preservation of 1,500 acres of prime habitat now held in conservation easements.

      Stratton’s unique habitat protection program earned the resort a Golden Eagle and three Vermont environmental awards, including the Vermont Governor’s Award for Environmental Excellence and the Vermont Department of Fish & Wildlife Commissioner's Landowner Appreciation Award, the first time a corporation was recognized with this award.

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