Sierra Wave Media

Eastern Sierra News for July 23, 2024

 

 

 

 

Mammoth Mountain CEO Rusty Gregory told the crowd that firm financial requirements led to the closure of June Mountain.

Mammoth Mountain CEO Rusty Gregory 

Persistent rumors that Vail Resorts will conclude a deal to buy Mammoth Mountain Ski Area prompted a call to Ski Area CEO Rusty Gregory. He said he is not sure where the rumors are coming from and that “There is no offering by Vail and no deal in the works.”

Gregory said he knows the people at Vail and took a trip there a few weeks ago. He said, “I spent time with them on ski industry matters.” He said there is nothing special going on other than running the resort and having good snow.

The CEO went further and said, “We’re not looking to sell.” Asked about the specific rumors that Vail Associates had purchased three houses in Mammoth Lakes and that a Vail corporate jet had been in Town recently, Gregory said, “Vail doesn’t have a jet, and they have not purchased housing in Mammoth Lakes.”

Gregory added that Mammoth Mountain is a “coveted asset for those who want a ski resort.” But, to the rumor that a Vail deal would close at the end of July, he said, “We’re not looking to sell.” We contacted Vail Resorts. A spokesperson in Corporate Communications said, “Thank you for reaching out to us but we have no comment on the matter.”

Gregory had brought up the Vail rumor at a recent staff meeting at the Mountain to also say these are just rumors.

Meanwhile, Gregory said that this season will likely see around 1.2 million visits, depending how the spring goes. Last year, with meager snowfall, the Mountain saw 920,000 visits. The previous year, a record snow year, hosted 1.3 million.


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