12/28/2023 0 Comments Hotels near hidden valley ski resortIt is located one hour southeast of Pittsburgh and is among the largest ski resorts in Pennsylvania with 285 skiable acres and 750 vertical feet. ![]() “We are thrilled that the resorts will now become part of Vail Resorts’ network and are confident that Vail Resorts will continue to invest in what makes these resorts so special,” he said. In announcing the sale of Seven Springs, Hidden Valley and Laurel Mountain to Vail Resorts on Wednesday, Nutting described Vail Resorts as a perfect successor to his family’s company. “We believe that strong, responsible and connected local newspapers are critically important to building and supporting strong communities now more than ever,” Nutting said. In the announcement, Nutting reiterated his family’s commitment to the industry and the critical role of community newspapers Robert Nutting announced that the company had purchased Swift - which owns newspapers in the ski areas of Aspen, Steamboat, Summit County, Park City and Lake Tahoe, as well as Vail - on Nov. Seven Springs is Pennsylvania’s premier four-season family resort. In November, Kirsten Lynch began her role as new CEO, with former CEO Rob Katz taking on a new role as executive chairperson of the board.Īnd, in December, the company helped bring men’s World Cup ski racing back to the United States for the first time in two years by hosting the Birds of Prey World Cup races at Beaver Creek. “These great ski areas in Pennsylvania are a perfect complement to our existing resorts, creating a much stronger connection and compelling offering to our current and future guests in Pittsburgh as well as those in other critical markets such as Washington, DC, Baltimore and Cleveland.” “As a company, we have been focused on acquiring resorts near major metropolitan areas as we know many skiers and riders build their passion for the sport close to home. “We are incredibly excited to have the opportunity to add Seven Springs to our family of resorts along with Hidden Valley and Laurel Mountain,” said Kirsten Lynch, chief executive of Vail Resorts. The purchase price for the ski areas, plus a hotel, conference centre and other related operations, is approximately $125 million, subject to certain adjustments. Vail Resorts has entered into an agreement to purchase Seven Springs Mountain Resort in Pennsylvania.Īs a part of the acquisition, Vail Resorts will also acquire Hidden Valley Resort and the operations of Laurel Mountain Ski Area. In 2019, the company made a $264 million purchase of 17 resorts in the East and Midwest The acquisition follows their ongoing strategy to bring skiers from major cities into nearby mountains. The Nutting family also acquired the Hidden Valley ski area in 2013 and opened Laurel Mountain in 2016īuyer: Vail Resorts. The company covered the Winter Olympics in 1980 after purchasing the Lake Placid News in 1979 and entered the ski business as operators in 2006 with the purchase of Seven Springs. Robert Nutting is also CEO of Ogden Newspapers, a fifth-generation, family-owned and operated newspaper company, founded in 1890 by H.C. Robert Nutting and his family are winter sports enthusiasts who recently shared their excitement in entering the ski market of Vail with the purchase of the Vail Daily’s parent company, Swift Media. Seller: Severn Springs Mountain Resort Inc, whose president & CEO is Robert Nutting. ![]() Number of Keys: 418 hotel and conference centre…and a lot of snow! Location: An hour (60 miles) south-east of Pittsburgh, Pennsylvania, USA Names: Seven Springs Mountain Resort in Pennsylvania, Hidden Valley Resort and the operations of Laurel Mountain Ski Area ![]() Main Photo: The Seven Springs Mountain Resort, including The Slopeside Hotel
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