Alterra Mountain Company Closes Acquisition of Schweitzer in Idaho
Alterra Mountain Company Closes Acquisition of Schweitzer in Idaho
The Addition Expands the Company’s Family of Destinations to 17
Alterra Mountain Company has announced the closing of the purchase of Schweitzer in Idaho, bringing the company’s total year-round mountain destinations to 17 throughout North America, including the world’s largest heli-skiing operation.
“With the acquisition of Schweitzer, we are excited to expand our presence within the Pacific Northwest skier market,” said Jared Smith, President & CEO, 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.”
Tom Chasse will stay on as President and COO of Schweitzer and will oversee daily operations of the destination while leading the resort’s extensive future capital improvement plans.
“Today Schweitzer begins a new chapter as part of the Alterra family and we couldn’t be more excited,” said Tom Chasse, President & CEO, Schweitzer. “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.”
23/24 Ikon Pass access will be expanded to unlimited days at Schweitzer, Ikon Base Pass holders will continue to have five-day access. Current 23/24 Schweitzer pass holders will be contacted in October 2023 to discuss pass options.
Schweitzer is the largest ski area in Idaho and Washington, located in the Selkirk Mountains overlooking the picturesque town of Sandpoint, Idaho, only 80 miles from Spokane, Washington. This beloved year-round destination offers 2,900 acres of big mountain terrain with stunning views of Lake Pend Oreille, Washington, Montana, and Canada and is often recognized for its renowned tree skiing and family fun.
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 vibrancy of the Schweitzer community.