Intrawest Resorts Holdings, Inc was a developer and operator of destination resorts and a luxury adventure travel company.
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14 Facts About Intrawest
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2.
Intrawest was founded in 1976 as a privately funded real estate development company.
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3.
In 2006, Intrawest was purchased by Fortress Investment Group, a private equity investment company, which resulted in the company being delisted from the Toronto Stock Exchange and New York Stock Exchange.
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5.
In 1986, Intrawest acquired Blackcomb Mountain from the Federal Business Development Bank, a Canadian Crown Corporation, and Fortress Mountain of Alberta, a wholly owned division of Aspen Skiing Company.
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6.
Intrawest later went public, listed on the Toronto and New York Stock Exchanges and, in 1996, merged with Whistler Mountain Ski Corporation to form Whistler-Blackcomb resort, a venue of the 2010 Winter Olympics and Paralympic Games.
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7.
Intrawest eventually spun off Whistler-Blackcomb and sold the last of its shares in that company in 2012.
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8.
Intrawest operates Club Intrawest, a private resort club with nine locations in North America.
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9.
Intrawest is the largest developer and operator of resort properties in North America offering skiing, snowboarding, golf, mountain biking, lodging, and real estate opportunities at each of its resorts.
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10.
Intrawest develops real estate at its resorts and at other locations across North America.
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11.
Intrawest owns Canadian Mountain Holidays, the largest heli-skiing operation in the world.
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12.
On November 12,2013, Intrawest filed an initial public offering with the New York Stock Exchange to raise up to $100 Million.
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13.
In 2016, Intrawest initiated significant reductions in full time staff to achieve rapid cost reductions.
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14.
In 2017, Intrawest was sold to Henry Crown and Company and KSL Capital Partners for $1.
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