FAQ


  1. What is Intrawest?
    Intrawest is a leader in the development and management of experiential destination resorts. The company has a network of resorts at North America's most popular mountain destinations, including Whistler Blackcomb, a host venue for the 2010 Olympic and Paralympic Winter Games. The Intrawest network also includes Canadian Mountain Holidays, the largest heli-skiing operation in the world, Club Intrawest - a private resort club with exclusive locations around the world. In addition, Intrawest develops, markets and sells real estate at its resorts and at other third-party locations across North America.

  2. When was Intrawest founded?
    Intrawest was founded in 1976 as an urban real estate company.

  3. Is Intrawest a private or a public company?
    On October 26, 2006, private equity funds managed by affiliates of Fortress Investment Group LLC (NYSE:FIG) successfully completed the acquisition of Intrawest. The total value of the transaction, including the existing debt of Intrawest, was approximately US$2.8 billion. Intrawest'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. Currently, Intrawest is a portfolio company controlled primarily by private equity funds managed by affiliates of Fortress Investment Group LLC.

  4. What resort properties are include in the current Intrawest portfolio?

    Resort

    Ownership

    Date Acquired

    Blue Mountain

    50%

    1999

    Snowshoe Mountain

    100%

    1995

    Steamboat Ski & Resort Corp.

    100%

    2007

    Stratton Mountain Resort

    100%

    1994

    Tremblant Resort

    100%

    1991

    Whistler Blackcomb

    25%

    1996/1986

    Winter Park Resort

    Lessee*

    2002


    *Note: In 2002, the City and County of Denver selected Intrawest as the lessee, manager and developer of Winter Park Resort.

  5. Does Intrawest own 100% of all the resorts in the company's current portfolio?
    Intrawest owns 100% of the following resorts: Snowshoe, Steamboat, Stratton and Tremblant. Intrawest is a partial owner of the following resorts: Whistler Blackcomb (25%), Blue Mountain (50%). Intrawest does not have an ownership stake in Winter Park, however; in 2002, the City and County of Denver selected Intrawest as the lessee, manager and developer of Winter Park Resort.

  6. What resort villages, managed properties and hotels does Intrawest oversee the operations and management of on behalf of third-parties?
    Intrawest Hospitality Management (IHM) oversees various Resort Village Developments, Managed Properties and Hotels including:
      Honua Kai Resort – Maui, Hawaii
      Westin Imagine – Orlando, Florida
      Westin Monache Resort – Mammoth Lakes, California
      Westin Verasa Napa – Napa, California


  7. 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.

  8. How many employees does Intrawest have?
    There are more than 11,000 employees during the peak winter season.

  9. Where is Intrawest's head office located?
    Intrawest's corporate office is in Denver, Colorado. See our Contact Information.