Boyne USA Continues Expansion

Michigan based Boyne USA, now the largest family owned four-season resort company in North America, has expanded once again. They have agreed to assume currently existing long-term leases to run New Hampshire's Loon Mountain and Washington State's Summit-at-Snoqualmie. This comes on the heals of recent moves into the Eastern ski market when Boyne signed long-term leases to run Maine ski resorts Sunday River and Sugarloaf. All deals were through the Florida-based CNL Income Properties, a real estate investment trust that owns the four resorts. Boyne now operates 10 resorts in Michigan, Maine, New Hampshire, Utah, Montana, Washington, and British Columbia. Boyne is managing other CNL resorts including Cypress Mt., B.C., Gatlinburg Sky Lift in Tenn., and Brighton, Utah. There will likely be more collaborations. Boyne season pass holders, as with all the company's holdings, will have privileges at the two new additions.