Cranmore Mountain Sold
Major Improvements Planned For Ski Area
POSTED: 3:05 pm EDT June 16, 2010
WMUR TV
New Hampshire's Cranmore Mountain Resort has been sold to the principals of Jiminy Peak in western Massachusetts, who plan major upgrades at the ski area in the White Mountains.
The California-based Booth Creek Resorts announced the sale Wednesday. Cranmore's General Manager Ben Wilcox and his management team will remain at the resort.
The longtime operators of Jiminy Peak, including CEO Brian Fairbank, said they plan major improvements at the North Conway ski area.
WMWV-FM reported that CNL Lifestyle Properties, a Florida-based real estate investment trust, is providing capital for the purchase and improvements.
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Booth Creek sells Cranmore
Started by Peter, Jun 16 2010 10:18 PM
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Posted 16 June 2010 - 10:33 PM
Wow, Booth Creek is now down to only three ski areas (Sierra, Northstar and Waterville Valley) and it only operates them.
It's sad to see Booth Creek who owned 8+ resorts in 2002 fall to only 3 today.
It's sad to see Booth Creek who owned 8+ resorts in 2002 fall to only 3 today.
- Cameron
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