Powdr Corp., which owns SilverStar Resort in the North Okanagan, announced Thursday it would be putting it up for sale along with its properties, Eldora, Colo. and Mt. Bachelor, Ore. It also announced it had signed an agreement to sell Killington Resort in Vermont.
“To strategically manage POWDR’s portfolio in alignment with our founder’s and stakeholders’ goals, we aim to balance our ski business with new ventures in the National Parks sector and Woodward,” Stacey Hutchinson, POWDR’s vice-president of communications and government affairs said in a statement.“Until the sales of these four resorts are finalized, we will remain dedicated to our current operations at those ski resorts,” Hutchinson said.
“We do not expect any changes to products, roles, and operations at SilverStar for the 24/25 winter season, and we will continue to conduct business as usual as we work to finish off the summer biking season and open the resort for skiing and riding in November, 2024.”
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