• Vail Resorts and Whistler Blackcomb Complete Combination

     
    POSTED November 8, 2016
     

Vail Resorts, Inc. has completed its combination with Whistler Blackcomb Holdings, Inc. As a result, Vail Resorts receives 100 percent of Whistler Blackcomb’s stock whose shareholders in turn will receive $17.50 and 0.09 shares of Vail’s stock for each Whistler Blackcomb share they hold. This makes Vail Resorts the sole owner of Whistler Blackcomb.

Vail Resorts also has appointed Michele Romanow to the board of directors at Vail Resorts. Romanow was previously on Whistler Blackcomb’s board.

The common shares of Whistler Blackcomb were removed from the Toronto Stock Exchange on Oct. 17.

“Our mission at Vail Resorts is to deliver an experience of a lifetime to our guests and our employees, and this transaction is a significant milestone in making that experience even more special,” says Rob Katz, chairman and chief executive officer of Vail Resorts. “Whistler Blackcomb is one of the most iconic mountain resorts in the world and we are tremendously excited to welcome the resort and the talented team who work there to the Vail Resorts family.”

Recognized for its sustainable performance and design, The Source Hotel has been awarded LEED Silver certification. Owned by Zeppelin Development, the 92,000-square-foot building was destined to meet LEED standards from its inception with sustainability at the forefront of the project.

 

Recently, Denver’s largest hotel, Sheraton Denver Downtown, has unveiled its 80-million-dollar renovation plans. The changes are set to be completed by April 2020.  

 

The Orvis Fly-fishing endorsement at Devil’s Thumb Ranch Resort & Spa can be attributed to “a broad range of fly-fishing gear and equipment, talented and engaging guides, and a sustainable approach to fishing neighboring private waters on Ranch Creek and the Fraser River,” according to Brad Johnson, lead Orvis fly-fishing guide at Devil’s Thumb Ranch.