Paoli, IN—Vail Resorts Inc. this week announced the purchase of Peak Resorts Inc., adding 17 new properties to its portfolio including Paoli Peaks near French Lick and Mad River Mountain near Columbus, Ohio. The $264 million purchase will give the Colorado resort operator new access to snow enthusiasts in Indiana, Ohio and five other states.
Chip Perfect isn’t worried about a new round of consolidation in the ski resort industry, even if the trend is hitting closer to his Dearborn County home. Perfect stated he sees this as a positive.
Perfect North is said to be investing more than $1 million this year in lighting and snowmaking improvements. It’s also planning some upgrades to its lodge and beginner ski areas.
