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Intrawest HQ leaves Canada
Sunday January 30, 2011 - Email this article to a friend
The company once identified with Canada is moving its head office to the USA. It is relocating to Denver from Vancouver. It is highly symbolic for the once high flying company.
It follows the sale of some of its Canadian assets including the sale of shares in its flagship resort of Whistler-Blackcombe and the complete sale of other resorts.
It has been a long, slow off-load of assets.
We have reported on the company's financial difficulties and for the background to the move see here.
Its main assets now include Steamboat and Winter Park in the USA.
Hence the move.
It is not clear how many staff will loose their jobs or be re-located.
The company is putting a positive gloss on the move but its current portfolio of resorts is a long way from its hey day in the late 1990's when it was the largest ski resort operator in North America with interests in Europe too.
The move has barley been mentioned elsewhere but for us, here at PlanetSKI, the Canadian ski operator movng quietly to the USA is very symbolic.
For the spirit of the mountains
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