AIGGRE is looking forward to combining Vail Resorts’ tremendous mountain operations capabilities with our continued commitment to the development of the Spruce Peak community.” We look forward to working with AIG to continue enhancing the guest experience and to ensure the resort’s long-term success,” said Rob Katz, chairman and chief executive officer of Vail Resorts.ĭouglas Tymins, president and chief executive officer of AIG Global Real Estate, said, “Under Vail Resorts’ management, Stowe’s reputation as a premier ski destination with a commitment to excellent service will continue to grow. With the investments in both mountain infrastructure and base area facilities that AIG has made over the years, Stowe Mountain Resort has become the premier, high-end resort for East Coast skiers and snowboarders.

“We’re thrilled to add Stowe Mountain Resort to our family of world-class mountain resorts. Other facilities such as the Stowe Mountain Lodge, Stowe Mountain Club, Stowe Country Club and certain real estate owned and held for potential future development will be retained by MMC. Vail Resorts is acquiring all of the assets related to the mountain operations of the resort, including base area skier services (food and beverage, retail and rental, lift ticket offices and ski and snowboard school facilities) at Mount Mansfield and Spruce Peak. This acquisition brings together Vail Resorts, the world’s leading mountain resort operator, with AIG Global Real Estate (AIGGRE), a best-in-class real estate developer, who share a common vision for the long-term success of Stowe Mountain Resort as the premier, high-end resort for skiers and snowboarders on the East Coast. Stowe Mountain Resort will be Vail Resorts’ first mountain resort on the East Coast and complements the Company’s network of 10 world-class mountain resorts and three urban ski areas. (AIG), for a purchase price of $50 million, subject to certain adjustments. (MMC), a wholly owned subsidiary of American International Group, Inc. 17, 2017, it entered an agreement to acquire Stowe Mountain Resort from Mt. If climbing multiple sets of stars is an issue, please be sure to reach out to our staff before booking to get the details on your condo.BROOMFIELD, Colo.-Feb. Our condos are built into a beautiful hillside so you can really feel the Vermont landscape all around you. Units are completely equipped, fully furnished and offer many amenities such as fireplaces, A/C in most units, cable TV, DVD players, and a private balcony. We host family reunions, wedding parties, create memorable summer escapes, snowmobiling adventures and can help you plan a ski or snowboard holiday escape.Īll vacation rental condominiums are individually owned and decorated, and reflect the various preferences of a diverse group of owners. You are sure to enjoy your Vermont getaway while staying in one of our comfortable condos. Our fully equipped condos located in Stowe, Vermont provide all the comforts of being at home while on vacation! Being just minutes away from Mount Mansfield and the town of Stowe make our resort an ideal location. About Mountainside Resort at Stowe Relaxed & Spacious Luxury Vacation Rentals

Stowe mountain resort