Wednesday 29 August 2012

Business Buzz 66: CBS Denver: Echo Mountain Ski Area Sold At Auction

Business Buzz 66
Business news.....www.businessbuzz66.koolcentre.in,movies news.....www.koolcentre.in
CBS Denver: Echo Mountain Ski Area Sold At Auction
Aug 29th 2012, 18:12

CBS Denver
CBSDenver.com - News for Colorado and Denver from CBS4, plus Sports, Weather, Traffic and Top Spots
Echo Mountain Ski Area Sold At Auction
Aug 29th 2012, 16:55

IDAHO SPRINGS, Colo. (AP) – The Echo Mountain ski area has been sold at auction to a company planning to turn it into a ski racing and training center.

Pykkonen Capital LLC bought the property west of Denver on Tuesday and plans have the Front Range Ski Club based at the mountain when it opens in November.

Nora Pykkonen told The Denver Post she first became interested in buying the area because her children were spending too much time driving to ski resorts farther away to train.

Echo Mountain is located west of Denver and is one of the few ski resorts entirely on private land, allowing more flexibility over operations.

The area had decent snow and strong ticket sales this past winter, with revenue climbing 30 percent and daily ticket sales up 50 percent.

Skiing In Colorado

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(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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