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Alterra Mountain Company

Alterra Mountain Company is an American hospitality company that owns and operates a conglomerate of ski resorts and offers the Ikon Pass.

Last updated October 30, 2026

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Overview

Alterra Mountain Company is an American hospitality company established in 2018 and headquartered in Denver, Colorado. It is privately owned by KSL Capital Partners and Henry Crown and Company, the owners of Aspen/Snowmass. The company operates as a conglomerate of several ski resorts and offers a combined season pass known as the Ikon Pass. Kelly Vohs serves as CEO of the company. The company was formed through the combination of several ski resort assets. In April 2017, KSL and Aspen jointly purchased Intrawest. This acquisition was followed by Mammoth Resorts a few days later and Deer Valley in August. All of these assets were combined with KSL's Squaw Valley and Alpine Meadows (the two ski resorts were combined and later renamed Palisades Tahoe) to form Alterra Mountain Company in January 2018. In late January 2018, Alterra announced the Ikon Pass, a season pass that provides unlimited or restricted access to all of their ski resorts in collaboration with Alta Ski Area, Snowbasin, Arapahoe Basin, Aspen/Snowmass, Boyne Resorts, Jackson Hole Mountain Resort, Powdr Corporation, Revelstoke Mountain Resort, SkiBig3, and Snowbird. This is a competitor to Vail Resorts' Epic Pass. In 2021, Alterra Mountain Company announced its plans to invest $207 million in capital improvements for the upcoming year, including transformational base area and on-mountain developments at Steamboat, Deer Valley Resort, Squaw Valley Alpine Meadows and Mammoth Mountain. Jared Smith was chief executive officer from 2022 until March 2026. Kelly Vohs took over as chief executive officer on October 19, 2026.

History

Alterra Mountain Company was established in January 2018 through the combination of several ski resort assets. In April 2017, KSL Capital Partners and Henry Crown and Company (the owners of Aspen/Snowmass) jointly purchased Intrawest. This acquisition was followed by Mammoth Resorts a few days later and Deer Valley in August. All of these assets were combined with KSL's Squaw Valley and Alpine Meadows (the two ski resorts were combined and later renamed Palisades Tahoe) to form Alterra Mountain Company in January 2018. In late January 2018, Alterra announced the Ikon Pass, a season pass that provides unlimited or restricted access to all of their ski resorts in collaboration with Alta Ski Area, Snowbasin, Arapahoe Basin, Aspen/Snowmass, Boyne Resorts, Jackson Hole Mountain Resort, Powdr Corporation, Revelstoke Mountain Resort, SkiBig3, and Snowbird. This is a competitor to Vail Resorts' Epic Pass. In 2021, Alterra Mountain Company announced its plans to invest $207 million in capital improvements for the upcoming year, including transformational base area and on-mountain developments at Steamboat, Deer Valley Resort, Squaw Valley Alpine Meadows and Mammoth Mountain. Jared Smith was chief executive officer from 2022 until March 2026. Kelly Vohs took over as chief executive officer on October 19, 2026.

  • KSL and Aspen jointly purchased Intrawest

  • Mammoth Resorts and Deer Valley acquired

  • Alterra Mountain Company formed

  • Ikon Pass announced

  • $207 million capital improvement plan announced

  • Jared Smith becomes CEO

  • Jared Smith steps down as CEO

  • Kelly Vohs becomes CEO

Products and positioning

A multi-resort ski and hospitality conglomerate offering the Ikon Pass as a competitor to Vail Resorts' Epic Pass.

  • Ikon Pass

    Season pass providing unlimited or restricted access to Alterra's ski resorts and partner resorts.

Recent events

  • Alterra Mountain Company Community Foundation appoints Robert Foley as executive director[3]

    Reported:

    The Alterra Mountain Company Community Foundation, founded by Alterra Mountain Company, announced the appointment of Robert Foley as its new executive director. Foley will oversee the foundation's core programs supporting mental health initiatives in mountain communities.

  • Alterra Mountain Company acquires Purcell Heli-Skiing[4]

    Alterra Mountain Company announced that it had purchased Purcell Heli-Skiing in British Columbia, Canada. The operation will be incorporated into CMH Heli-Skiing & Summer Adventures.

  • Alterra Mountain Company suspends resort operations[5]

    Reported:

    Alterra Mountain Company announced Saturday that it would suspend operations at its 15 North American locations beginning Sunday, until further notice.

    Weekdays and relative dates follow the original report; their exact calendar dates have not been verified.

  • Alterra announces agreement to acquire Sugarbush Resort[6]

    Reported:

    Alterra Mountain Company announced that it had entered into an agreement to purchase Sugarbush Resort. The transaction was expected to close in early January, subject to regulatory approvals.

Sources7 sources

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