Homeland Sold:

Squaw Valley USA is set to be acquired by KSL Capital Partners of Denver, Colorado.

It’s with a respectful eye for the past that I say this news is part of a new era in Squaw Valley’s incredible history. KSL is dedicated to further enhancing the resort and the guest experience by committing over $50 million in additional capital improvements over the next 3-5 years. The KSL team, all of whom are skiers and riders, are thrilled to be the new owners of Squaw Valley and are excited about the resort’s future.

These are transformative times for Squaw Valley; a new era is dawning by way of our entire team’s dedication to the guest experience that will put us on par with the very best resorts in North America

Olympic House Renovations: Olympic House has been remodeled to include all new menus and a fully renovated Bar One. New menus include fresh salads, gourmet pizzas, Asian stir-fry bowls and custom-made burritos.

New Mountaintop Kids Zone: Belmont Park has transformed into a kids terrain park complete with a snow fort and kid-friendly jumps, bumps and whoopty-doos.

Expanded Demo Center: Located in the Village, this high-performance shop will work in conjunction with the on-mountain Gold Coast Demo Center allowing guests to conveniently try out this season’s latest technology. The shop will also offer the best in tuning with a brand new Wintersteiger tuning machine.

Expanded Night Terrain Park: For the 2010-11 winter season we’re greatly expanding night skiing and riding with new lighting in the Riviera Terrain Park and halfpipe.

Renovated Squaw Kids Children’s Center: The Squaw Kids Children’s Center has been renovated, including an expanded second floor, larger lunch room and more rental room space.

Three New State-of-The-Art Grooming Machines: Three new grooming machines have been added to Squaw Valley’s snow cat fleet, significantly improving snow surface quality and grooming by 25%.

Improved Snowmaking: Squaw Valley’s snowmaking multi-year equipment upgrade to greener and more efficient models continues into its ninth year. We’ve also expanded snowmaking in the halfpipe.

39° North remodel completion; transformation of entire ground floor The final stage of the $3 million remodel of the mid-mountain restaurants at Gold Coast is complete. On the ground floor 39° North has been transformed with new food and an entirely new aesthetic.

New Gates To Skills Ski Clinic: Skiers can experience race course excitement and be coached by one of the best—Thomas Gardtman.

New Shops in the Village: Squaw welcomes a host of new shops to the European-style base village: Squaw Dogs, Marmot and Squaw One Logo Company.

New Conference/Events Center: An extensive remodel of the Olympic Village Lodge & Conference Center (OVL) is complete and will be available for meeting space, weddings and conferences.

And we’re really just getting started, thanks to KSL’s commitment to the future.

...... So when will we see Granite Chief , Silverado and other LIFT connectivity and capacity Improvements ( The Chief made into a HS Quad

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