History |
2008 Bill Jensen appointed as Chief Executive Officer. Brian Collins appointed as President.
2007 Acquired Steamboat Ski & Resort Corporation in Steamboat Springs, Colorado.
2006 Intrawest was acquired by private equity funds managed by affiliates of Fortress Investment Group LLC. Subsequent to the transaction, Intrawest shares were de-listed from both the New York Stock Exchange (NYSE: IDR) and the Toronto Stock Exchange (TSX: ITW), and with this Intrawest became a privately-held company; Joe Houssian, company founder, announced his retirement and Alex Wasilov assumed the leadership role as Chief Operating Officer at Intrawest. Ownership of Abercrombie & Kent transitioned from Intrawest over to Fortress.
2005 Announced the sale of interest in Mammoth Mountain Ski Area in California; announced three new resort developments: Honua Kai Condominium Resort in Maui, Hawaii; The Village of Imagine in Orlando, Florida and Flaine Montsoleil in France.
2004 Acquired a 67% interest in Abercrombie & Kent—the world's leading luxury adventure travel company; increased ownership to 100% of Alpine Helicopters Ltd., the parent company of Canadian Mountain Holidays—the largest heli-skiing operation in the world; announced resort development of Versant Soleil and Versant Nord at Tremblant in Quebec; opened Club Intrawest location at Zihuatanejo in Mexico.
2003 Opened Club Intrawest location at Blue Mountain in Ontario.
2002 Awarded contract with the City and County of Denver to operate Winter Park Resort in Colorado; announced the sale of Mont Ste. Marie in Quebec; launched Storied Places—exclusive private residences with fractional vacation home ownership and personalized service; opened Club Intrawest location at Sandestin in Florida.
2001 Opened first Club Intrawest urban location in Vancouver, British Columbia.
2000 Announced village development at Lake Las Vegas Resort in Nevada; announced village development at Les Arcs in France; opened fifth Club Intrawest location in Panorama Mountain in British Columbia.
1999 Acquired 45 per cent of Alpine Helicopters Ltd., owner of Canadian Mountain Holidays—the largest heli-skiing operation in the world; acquired 50 per cent of Blue Mountain Resort in Ontario along with 100 per cent of the developable real estate land at the base; increased ownership in Mammoth Mountain in California to 59.5 per cent.
1998 Purchased Mountain Creek in New Jersey; acquired Sandestin Golf and Beach Resort in Florida; acquired Raven Golf Group; formed alliance with Compagnie des Alpes, the largest ski operator in the world; acquired Breeze Rentals and Max Snowboards, a rentals and accessories retail chain in the mid-west; signed agreement to build a village at Solitude in Utah; opened Club Intrawest location in Palm Desert, California.
1997 Shares began trading on the New York Stock Exchange (NYSE: IDR); increased ownership at Mammoth Mountain in California to 58 per cent; acquired Mont Ste. Marie in Quebec; acquired Club Intrawest location in Kauai, Hawaii.
1996 Acquired Whistler Mountain in British Columbia and Copper Mountain in Colorado; announced land acquisition agreement and plans for a pedestrian village with Squaw Valley Ski Corporation.
1995 Acquired Snowshoe Mountain, West Virginia; acquired 33 per cent of Mammoth Mountain, California, plus the adjacent developable real estate owned by Mammoth; opened the second Club Intrawest location at Tremblant in Quebec.
1994 Shifted management focus entirely to four-season mountain resorts; divested urban real estate arm; acquired Stratton Mountain in Vermont; launched the first Club Intrawest location in Whistler, British Columbia.
1993 Acquired Panorama Mountain in British Columbia to become the largest ski operator in Canada; Ralston Purina approached Intrawest to partner in building a mountain village at Keystone in Colorado.
1991 Acquired Tremblant in Quebec; continued to expand real estate business.
1990 Became a public company listed on the Toronto Stock Exchange (TSE: ITW).
1986 With an established reputation for its real estate development expertise, Intrawest acquired Blackcomb Mountain in British Columbia, resulting in a unique marriage of resort operations and real estate expertise.
1984 Joe Houssian meets Hugh Smythe the president of Blackcomb Mountain at a Young Presidents Event.
1976 Joe Houssian establishes Intrawest as a residential and urban real estate firm in Vancouver, British Columbia.