Idaho’s Schweitzer Mountain ski area sold to Alterra

It was the right opportunity at the right time, Schweitzer Mountain officials said in announcing the sale of MKM Trust’s Sandpoint, Idaho resort operations assets to Alterra Mountain Company.

“With room for growth and plans for future expansion and development, MKM’s decision to exit the mountain resort business puts Schweitzer in a favorable position to begin a new chapter with Alterra at the helm,” said Tom Chasse, who will be staying on as Schweitzer’s president and CEO. “I’m personally very excited to join a family of world-class destinations with passionate industry leaders who can help guide Schweitzer in becoming the best version of itself.”