It’s the end of an era at Canada’s SilverStar Mountain Resort as Australian owners sell to USA owned company, POWDR.
The former owners of Park City Mountain in Utah, POWDR, already own 10 mountain resorts in California, Colorado, Nevada, Oregon, Utah and Vermont; the experiential action sports company Woodward; adventure experiences including heli-ski and river rafting outfitters; and the Company’s media and entertainment holdings.
SilverStar is POWDR’s first mountain resort in Canada. POWDR is acquiring Silver Star Ski Resort LTD and Silver Star Holidays LTD which operate SilverStar Mountain Resort. Jane Cann, who has owned SilverStar since 2002 and served as president since she acquired 100 percent of SilverStar in 2012 will retain Schumann Resorts LTD which holds 30 acres of SilverStar real estate development land.
“SilverStar is a world-class destination that fits well with who POWDR is, what our properties are—community favorites—and our commitment to protecting and enhancing the authentic year-round adventure experience for generations to come” says Justin Sibley, POWDR co-president.
“The resort team is impressive and they have an incredibly strong relationship with the community, which we hope to build upon. We are pleased to continue Jane and SilverStar’s more than six decades of fun, legacy and vision.”
There are no changes to SilverStar 2019/20 season passes, current operations or reciprocal agreements with other resorts.
“I am thrilled to pass the torch to such a competent and qualified operator as POWDR, who shares the same mission and beliefs for the SilverStar resort community and is committed to delivering memorable experiences and enhancing people’s lives” says Jane Cann.
“POWDR is an enduring company focused on patiently making each of its destinations the best version of itself locally. I am confident that their scale and expertise will be beneficial in working toward the realisation of SilverStar’s newly approved Master Plan.”
Watch this space.
