October 12, 2010

Sununu Family Returns Waterville Valley Back Into Local Hands

Waterville Valley, NH - Today it was announced that the Sununu family is leading a group of local investors and has completed the purchase of Waterville Valley Ski Area from Booth Creek Resorts, a California based resort group. For the first time in almost 15 years the assets including the Waterville Valley Ski Area, Waterville Valley Nordic Center, Waterville Valley Conference Center and Town Square are now back under local control.

Waterville Valley, one of New Hampshire's most popular family ski areas since 1966, is well known for its ski racing heritage, WVBBTS ski club (Gold Freestyle Ski Medalist Hannah Kearney is an alumnus) and the self-contained village designed as a four season resort by Olympian Skier Tom Corcoran. The ski area has one of the state's highest elevations at 4,000 feet with 52 trails on 255 acres, 12 lifts and 100% snowmaking.

Chris Sununu is heading up the efforts and will serve as Waterville Valley Ski Resort's new Chief Executive Officer. Bob Fries, formally VP and General Manager of Waterville Valley during the Tom Corcoran ownership years will return as the new president. Since leaving Waterville Valley in 1992, Fries has managed resorts from Breckenridge, Colorado to Stratton, Vermont including a stint at The Olympic Authority in Lake Placid.

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