Breaking News: Peak Resorts Will Acquire Hunter Mountain for $36.8 Million

Breaking News: Peak Resorts Will Acquire Hunter Mountain for $36.8 Million

Skiing

Breaking News: Peak Resorts Will Acquire Hunter Mountain for $36.8 Million

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The eternal home for all the Joey’s and Paulie’s of the Jersey Turnpike, Hunter Mountain is being brought on by one of the big guys. In a $36.8 million dollar acquisition, Peak Resorts will now own the resort according to a press release from the resort group.

“Hunter Mountain, under the stewardship of the Slutzky families, has become one of the iconic ski resorts in the Northeastern United States. Its reputation as one of the premier snowmaking resorts in the East makes it a perfect fit for our portfolio and strategy. We look forward to continuing the rich tradition the Slutzky families have built.”– Timothy D. Boyd (President and CEO of Peak Resorts)

Over the past summer, Hunter Mountain has made a considerable investment in its snowmaking to the tune of $1.2 million on top of the $500,000 spent on a ground breaking compressor that should improve the effectiveness of the current snowmaking system.

“Peak Resorts is set to become the preeminent ski operator in the metro New York-area with the addition of Hunter Mountain to our portfolio of resorts in New Hampshire, Vermont and Pennsylvania. For this 2015-2016 ski season, we are planning to offer reciprocal programs among the resorts for the season passholders at Hunter Mountain and our current properties. Program details will be available by phone or in person, and also will be posted on the websites for each of the resorts in the coming weeks.”– Timothy D. Boyd (President and CEO of Peak Resorts)

Related: “If You Can Ski Hunter Mountain You Can Ski Anywhere.”

Mountain Stats

  • Vertical Drop- 1600′
  • Average Annual Snowfall- 125″
  • Skiable Acres- 240
  • Lifts- 12
  • Trails- 57
Photo Credit: huntermtn.com

Photo Credit: huntermtn.com

About Hunter Mountain

Three separate mountains encompass a wide variety of terrain catering to skiers and riders of all ability levels – from comfortable and spacious learning terrain perfect for first-timers, to steeps and bumps for the seasoned expert – there is something to satisfy any skiing or riding style!

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