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Alterra Closes Deal on Schweitzer

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SAM Magazine—Denver, Aug. 22, 2023—Alterra Mountain Company closed on the purchase of Schweitzer in Idaho, bringing the company’s total year-round mountain destinations to 17 properties throughout North America.schweitzer logo horz greenglow

 “With the acquisition of Schweitzer, we are excited to expand our presence within the Pacific Northwest skier market,” said Jared Smith, president and CEO of Alterra. “The destination has been a valued partner on the Ikon Pass for several seasons, and we are excited to officially welcome the team to the Alterra family.”

As previously reported, Tom Chasse will stay on as president and COO of Schweitzer and will oversee daily operations and the resort’s extensive future capital improvement plans.

“Today, Schweitzer begins a new chapter as part of the Alterra family, and we couldn’t be more excited,” said Chasse. “Looking ahead, we will continue to evolve and provide the best family-friendly mountain experience in the region, while upholding the unique values and culture that we’re known for.”

Current 2023-24 Schweitzer passholders will be contacted in October 2023 to discuss pass options. Ikon Pass access will be expanded for the coming season to include unlimited days at Schweitzer, while Ikon Base Pass holders will continue to have five-day access to the resort. 

Schweitzer, located in the Selkirk Mountains, 10 miles from the city of Sandpoint, is the largest ski area in Idaho with 2,900 skiable acres. 

MKM Trust, which has been the owner and developer of Schweitzer for the past 18 years, will retain non-ski operations and real estate holdings, and will continue to lead future real estate development projects at the resort.