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American Skiing Co. backed out of a deal to sell the Steamboat Ski Area on Tuesday and agreed instead to sell Lake Tahoe's Heavenly Ski Resort to Vail Resorts for $102 million.
As weather reports promised, more snow covered the high country of Colorado this morning. Many mountain residents woke up to snow in town as well as covering the slopes of their local ski resort.
Steamboat Springs residents are concerned about the future of the resort after a potential sale to a locally backed group collapsed.
Sept. 6: Intrawest will invest $50 million on-mountain, $49 million on real estate over first 10 years of 50-year deal.
The Colorado Ski Country USA (CSCUSA) Board of Trustees has named Rob Perlman president and CEO. Rob joins CSCUSA from Mammoth Mountain Ski Area in California where he served as executive director of marketing and sales.
Volant Sports, one of only two companies still making skis in the United States, shut down its manufacturing plant Tuesday and laid off 95 workers.
Final revisions of skier visits show Colorado numbers are down from last year.
U.S. ski and snowboard officials will heighten security measures for World Cup and Olympic qualifying events this winter following last month's terrorist attacks.
The Denver Post will be the nation's only newspaper to produce a weekly snow-sports section, starting this November.
Reservations at the nation's premier ski resorts are rebounding after dropping as much as 50 percent immediately after the Sept. 11 attacks.
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