FAQ |
- What is Intrawest?
Intrawest is a world leader in the development and operation experiential destination resorts. The company's has a network of eleven resorts at North America's most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Winter Olympic and Paralympic Games. The Intrawest network also includes Canadian Mountain Holidays, the largest heli-skiing operation in the world, Sandestin Golf and Beach Resort in Florida and Club Intrawest—a private resort club with nine locations throughout North America. Intrawest develops real estate at its resorts and at other locations across North America and in Europe.
- When was Intrawest founded?
Intrawest was founded in 1976 as an urban real estate company.
- Is Intrawest a private or a public company?
In October 2006, Intrawest was acquired by Fortress Investment Group LLC. The company’s shares were de-listed from the New York Stock Exchange (NYSE: IDR) and the Toronto Stock Exchange (TSX: ITW) as a result of the acquisition and the subsequent privatization of the company.
- What resort properties are include in the current Intrawest portfolio?
Resort
Current Ownership
Date Acquired
Annual Skier Visits
Whistler Blackcomb
77%
1996/1986
1,750,000
Panorama Mountain Village
100%
1993
213,000
Blue Mountain
50%
1999
692,000
Mont Tremblant Ski Resort
100%
1991
756,000
Copper Mountain
100%
1996
1,046,000
Steamboat Ski & Resort Corporation 100%20071,000,000Mammoth Mountain
15%
1995
1,521,000
Mountain Creek
100%
1998
340,000
Snowshoe Mountain
100%
1995
480,000
Stratton Mountain Resort
100%
1994
400,000
Winter Park Resort
0%
2002
991,000
Sandestin Golf & Beach Resort
100%
1998
n/a
- Does Intrawest develop real estate at third-party resorts?
Yes, Intrawest Placemaking has a tradition of developing finely crafted resort-style homes, condominiums and pedestrian villages at some of the most sought-after destinations in the world. Currently, village developments are underway at the following locations: Squaw Valley in California; Solitude in Utah; Lake Las Vegas in Nevada and Les Arcs in France.
- How many employees does Intrawest have?
There are more than 22,000 employees during the peak winter season.
- Where is Intrawest's head office located?
Intrawest's corporate head office is in Vancouver, British Columbia.
- How will the 2010 Winter Olympics and Paralympic Games benefit Intrawest and Whistler Blackcomb?
Winning the bid for the 2010 Winter Olympics is a glowing endorsement for both Vancouver and Whistler Blackcomb. The Games will stimulate transportation enhancements and promote tourism and economic development in British Columbia. Improvements to the highway between Whistler Blackcomb and greater Vancouver are currently underway and have connected the two regions with a safer, more driver-friendly version of the "Sea-to-Sky" highway. The Games will provide Intrawest with the opportunity to showcase the unique resort development at Whistler Blackcomb to the world. The legacy created by the Olympics will live on long after the Games are complete.
- What Olympic events are scheduled to take place at Whistler Blackcomb?
The events to be held at Whistler Blackcomb include: Alpine Downhill, Super-G, Combined Downhill, Alpine Giant Slalom, Slalom and Combined Slalom. Other sporting venues and events including a bobsleigh and luge track are planned for Blackcomb Mountain. In addition, a ski-jump and biathlon facility will be located at Callaghan Valley, approximately 8 km (5 miles) south of Whistler Village.