FlyerTalk Forums - View Single Post - Starwood buys Mammoth Mountain (CA) ski resort from Intrawest
Old Oct 7, 2005 | 5:56 am
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Originally Posted by TTT103
I'm really wondering why Starwood wants to get this heavily involved in the ski industry by actually purchasing a ski resort--particularly becuase Intrawest is the dominant force in ski resort base area development. I could see Starwood negotiating a deal with Intrawest to add hotels to their villages, but I'm wondering what the strategy is for their purchasing a ski area.
The strategy is to make money. Starwood Capital is not a hotel chain, it's a venture capital investor.
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