Boyne Resorts expands portfolio with purchase of Shawnee Peak
BOYNE FALLS, Michigan., 22 October 2021 / PRNewswire / – Boyne Resorts today announced the purchase of Shawnee Peak ski resort located in Bridgton, Maine. In addition to the company’s portfolio of eleven North American resorts and attractions, Shawnee Peak joins Sugarloaf and Sunday river in Maine and Loon Mountain Resort at New Hampshire as New England’s fourth seaside resort. The purchase was finalized on 21 October 2021, and the terms of the transaction will be kept confidential.
“We are extremely happy to welcome Shawnee Peak into the Boyne Resorts family, and it reinforces our commitment to elevate skiing in New England, ”said Stephane Kircher, President and CEO of Boyne Resorts. “With its rich history and accessible location, Shawnee Peak occupies an important place in from Maine the ski industry and the growth of our sport. We look forward to building on what has been accomplished in its 84 year history. “
“After 27 years of stewardship, I cannot think of a better future for Shawnee Peak and with Boyne Resorts being a family business and the next steward of this mountain, this is a tremendous result for our team, our guests and my family, ”said Chet Homer, owner of Shawnee Peak. “Boyne is well respected in the ski industry, and I have no doubts that the ski area and the skier experience will continue to thrive for years to come.”
The transition of ownership of the complex is scheduled to begin immediately, with all Shawnee Peak team members being kept under the ownership of Boyne Resorts. All 2021/22 season passes, lift tickets and other ski products purchased from Shawnee Peak or Boyne Resorts prior to the season will remain valid and resort access and benefits included at the time of purchase will remain unchanged. Availability of Shawnee Peak season passes and lift tickets will continue beyond the 2021/22 season.
Shawnee Peak has two base areas giving access to 225 skiable acres served by four chairlifts and two ski lifts. Offering the most night skiing in New England, ski lessons, dining and real estate opportunities are also offered at the resort. Shawnee Peak is located less than an hour’s drive from Portland, Maine and is the oldest continuously operated ski area in the state. For more information, please visit shawneepeak.com.
About Boyne Resorts
Boyne Resorts is a collection of hill and lake resorts, ski areas and attractions ranging from British Columbia To Maine. The company owns and operates eleven properties and an outdoor gear and apparel retail division with stores throughout Michigan. An industry leader in several parts of the United States, its operations include year-round snow sports and mountain recreation, golf, an indoor water park, spas, food and beverage. , accommodation and real estate development. For more information, please visit www.boyneresorts.com.
This press release contains forward-looking statements and other statements that are not historical facts. These forward-looking statements were made as of the date and time of this press release and were based on expectations then in effect as well as the beliefs and assumptions of management. Words such as “expect”, “intend”, “will” and variations of such terms and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances beyond the control of the Company. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially, including the impact of general economic, industrial or political conditions. (including the novel coronavirus (COVID-19)). The Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on these forward-looking statements.
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SOURCE Boyne Resorts