Intrawest's resorts
Unless the company can come up with a plan to pay back its debts, it risks losing its famous resorts, including Steamboat Springs in Colorado, Mont Tremblant in Quebec and a majority stake in Whistler Blackcomb
Intrawest has been raising cash to pay down debt. The company last year sold its Copper Mountain resort in Colorado to American mountain resort company Powdr Corp., as well as two resorts in France to holiday company Pierre et Vacances. Prices were not disclosed for those transactions.Streeter Lecka
Intrawest owns Blue Mountain Ski Resort, the largest mountain resort in Ontario, located near Collingwood.
Mountain Creek is a ski resort located in New Jersey, about an hour northwest of New York City.
7,000 feet up in the Colorado Rockies at the foot of the Steamboat Ski Area lies the 100-year old town of Steamboat Springs, Colorado. Intrawest's Steamboat brands itself as a unique mix of western heritage and skiing tradition.Larry Pierce
Pro rodeo cowboys participate in the 36th annual Cowboy Downhill skiing event in Steamboat Springs, Colo., Tuesday, Jan. 19, 2010.Larry Pierce
Intrawest's Mont Tremblant Resort is located in the Laurentian mountains of Quebec. It more than 600 acres of skiing and snowboarding terrain, a picturesque village and golf courses.RYAN REMIORZ
Intrawest's Panorama Mountain Village is located on British Columbia's Powder Highway, about 3 1/2 hours from Calgary International Airport and 6 hours drive from Edmonton. The mountain offers 2,847 acres (1,152 hectares) of skiable terrain.
Located in West Virginia, Intrawest's Snowshoe Mountain is a five-hour drive from major markets like Charlotte, DC, Raleigh, Richmond and Columbus.
Intrawest's Stratton Mountain Ski Resort in Vermont, New England is a top ski and snowboard resort, and summer and winter getaway. This destination resort offers nearly 600 acres of skiing and snowboarding terrain including top ranked terrain parks, convenient lodging, slopeside Village, Sports Center, Spa and a full slate of winter and summer events and activities.JEAN H. LEE
Intrawest's Winter Park Resort is Colorado's longest continually operated ski resort featuring over 3,000 acres of award-winning terrain including groomers, terrain parks, bumps, steeps, trees, and most definitely deeps.
In 1991, Whistler Resort became the first mountain resort outside of the USA to be named #1 by a major American ski magazine. Five years later, in 1996, it became the only resort in history to be simultaneously named #1 by Snow Country, SKI and Skiing Magazines. In March 1997 Whistler Mountain Ski Corporation (which owned Whistler) merged with Intrawest Corporation (which owned Blackcomb) to create one of the biggest resort complexes in the world.
If Intrawest and its owner Fortress can't come up with a solution, banks plan to auction the company off on Feb. 19. That's midway through the Vancouver Winter Games, which open on Feb. 12 and wrap up with closing ceremonies on Feb. 28. The date of the planned sale is coincidence and had nothing to do with the Olympics, said a source familiar with the talks.Robin O'Neill
Intrawest also manages several properties and hotels, including the MonteLago Village Resort, close to the Las Vegas strip.STEVE MARCUS
Paul Morrison