![]() Robert Nutting and the Nutting family are winter sports enthusiasts who recently shared their excitement in entering the ski market of Vail with the purchase of the Vail Daily’s parent company, Swift Media. “It has been an honor to be a part of their incredible growth for more than a decade and leave each resort a much stronger community asset than we found it.” Mutual interest ski marketsĪs Vail Resorts enters Nutting’s home market in Pennsylvania, the Nutting family is also entering Vail Resorts’ namesake market in Colorado. I am extremely proud of our stewardship of Seven Springs and its sister resorts, and even more so of all the people who we have worked with side-by-side to transform them into what they are today,” said Robert Nutting, president and chief executive officer of Seven Springs Mountain Resort, Inc. “The resorts truly are a part of the fabric of this region and a critical community asset. In 2019, the company made a $264 million purchase of 17 resorts in the East and Midwest, many of which are situated near major metropolitan areas. The acquisition follows Vail Resorts’ ongoing strategy to bring skiers from major cities into nearby mountains. Seven Springs, Hidden Valley and Laurel Mountain join Vail Resorts’ network of now 40 resorts worldwide. and its affiliates for a final purchase price of approximately $118 million, including customary closing purchase price adjustments. The resort operator purchased the resorts, including the ski areas, a hotel, conference center and other related operations, from Seven Springs Mountain Resort, Inc. ![]() Vail Resorts has closed on its acquisition of Seven Springs Mountain Resort, Hidden Valley Resort and Laurel Mountain Ski Area in Pennsylvania, the company announced Friday. Vail Resorts’ purchase of three Pennsylvania resorts follows the company’s ongoing strategy to bring skiers from major cities into nearby mountains. ![]()
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