Vail Resorts has acquired Kirkwood Mountain Resort in Lake Tahoe. // © Kirkwood Mountain Resort
Colorado-based Vail Resorts, Inc. has closed on its acquisition of Kirkwood Mountain Resort in Lake Tahoe, Calif. The transaction closed for a total of approximately $18 million, including both the ski resort and undeveloped sites at the center of the base area. With this acquisition, Vail Resorts now operates three mountain resorts in the Lake Tahoe Region.
With the announcement, Vail Resorts has already begun including Kirkwood in its season pass offerings. This season, Heavenly and Northstar pass holders can ski and ride at Kirkwood, and Kirkwood pass holders can visit Heavenly and Northstar. The company is also offering savings on 2012-2013 season passes, such as the new Tahoe Local Pass, which provides seven-day-per-week access to more than 10,000 skiable acres between Kirkwood, Heavenly Mountain Resort and Northstar California. Other options include the Tahoe Value Pass, with skiing or riding seven days a week at Heavenly and Sunday-Friday skiing and riding at Northstar and Kirkwood; the Epic Pass for unlimited, unrestricted skiing at Vail, Beaver Creek, Breckenridge, Keystone, Heavenly, Northstar, Kirckwood and Arapahoe Basin; and the Epic 7-Day pass, with seven unrestricted days of skiing anytime during the season.