Mike Douglas at Whistler
Photo by: Niall Bouzon
Intrawest said to be in talks with Russian billionaire.
Intrawest could be selling Whistler Blackcomb, its largest and most significant property.
The resort has been in financial trouble lately. It came close to being auctioned off during the Olympics last February because Fortress Investment Group, which owns Intrawest, was struggling to pay loans.
Now, according to the Wall Street Journal, Intrawest has been in talks with Russian billionaire, Vladimir Potanin, whose company, Interros Co., is building some of the 2014 Olympic facilities in Sochi, Russia.