• Vail Resorts and Whistler Blackcomb Complete Combination

     
    POSTED November 8, 2016
     

Vail Resorts, Inc. has completed its combination with Whistler Blackcomb Holdings, Inc. As a result, Vail Resorts receives 100 percent of Whistler Blackcomb’s stock whose shareholders in turn will receive $17.50 and 0.09 shares of Vail’s stock for each Whistler Blackcomb share they hold. This makes Vail Resorts the sole owner of Whistler Blackcomb.

Vail Resorts also has appointed Michele Romanow to the board of directors at Vail Resorts. Romanow was previously on Whistler Blackcomb’s board.

The common shares of Whistler Blackcomb were removed from the Toronto Stock Exchange on Oct. 17.

“Our mission at Vail Resorts is to deliver an experience of a lifetime to our guests and our employees, and this transaction is a significant milestone in making that experience even more special,” says Rob Katz, chairman and chief executive officer of Vail Resorts. “Whistler Blackcomb is one of the most iconic mountain resorts in the world and we are tremendously excited to welcome the resort and the talented team who work there to the Vail Resorts family.”

After several months of renovations, the DoubleTree by Hilton Philadelphia-Valley Forge is now open as the Alloy – King of Prussia, a DoubleTree by Hilton.

 

After almost 20 years of vacancy, the Cook County Hospital in Chicago will be put to use once again. A $150 million adaptive reuse project restored the historic, 106-year-old hospital, which has become a combined Hyatt Place and Hyatt House hotel, as well as medical offices, a museum, a food hall and more. While the opening is multi-phased, the hotels are scheduled to open in late July.  

 

Doctors, nurses, grocery store employees and more were essential to sustaining the continued stay-at-home orders that helped fight the spread of COVID-19. Such workers put their health at risk for the benefit of society, and Nakoma Resort and the Lost Sierra Chamber of Commerce want to recognize them for their efforts through the “Send Your Heroes” campaign.