Alterra Mountain Company closed on purchasing Schweitzer Mountain Resort in Idaho, bringing the company’s year-round mountain destinations to 17 in North America, which includes the world’s largest heli-ski operation.
“With the acquisition of Schweitzer, we are excited to expand our presence within the Pacific Northwest skier market,” said Jared Smith, president and CEO of Alterra Mountain Company. “The destination has been a valued partner on the Ikon Pass for several seasons, and we are excited to officially welcome the team to the Alterra family.”
Alterra said that Tom Chasse will stay on as president and COO of Schweitzer and oversee daily operations while leading the resort’s future capital improvement plans.
“Today, Schweitzer begins a new chapter as part of the Alterra family, and we couldn’t be more excited,” said Chasse. “Looking ahead, we will continue to evolve and provide the best family-friendly mountain experience in the region while upholding the unique values and culture that we’re known for.”
Schweitzer is considered one of the largest ski areas in Idaho and Washington, located in the Selkirk Mountains overlooking Sandpoint, ID, 80 miles from Spokane, WA. The year-round destination offers 2,900 acres of big mountain terrain with views of Lake Pend Oreille, Washington, Montana, and Canada.
The MKM Trust, which has been the owner and developer of Schweitzer for the past 18 years, will retain non-ski operations and real estate holdings and will continue to lead future real estate development projects that support the Schweitzer community.
Photo courtesy Schweitzer Mountain Resort
