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Newsletter March 21, 2019

CMH Announces  a $9.6 million Investment into the Guest Experience Across its Twelve Unique Heli-Skiing and Summer Operations in BC.
The beloved Bobbie Burns lodge will undergo an $8.4 million renovation, the largest infrastructure project that CMH has undertaken since 2002, with a complete redesign and modernization of existing guest rooms. An entirely new wing will be constructed, increasing the number of single rooms and bringing the lodge capacity from 33 to 37 guests in winter.

The development will enable CMH to offer a new four-person private Heli-Skiing program at the Bobbie Burns starting December 2019. With the most sought-after Heli-Skiing trips selling out 18 months in advance, the expansion allows more guests to access the coveted destination, famous for its massive vertical and high-alpine glacier terrain.

Taking inspiration from its wilderness surrounds, the completed lodge will incorporate natural timber, stone and metal elements blended with sleek modern lines.

A further $1.2 million will be spent on run development throughout CMH’s ski terrain. Approximately half of the funds will be directed toward the Bobbie Burns tenure to support the lodge expansion project with improved access and development around the lodge. The remainder will support glading, spacing and brushing activity in existing ski terrain across the other CMH locations.

For July and August 2019, the first stage of CMH’s newest experience will launch at CMH Cariboos. The lodge recently reopened in 2018 for Summer Adventures after a 10-year hiatus, and this year, thrill-seekers can put their skills to the test by navigating deep canyon ledges and rushing waterfalls on the new Zillmer Canyon Via Ferrata. The clincher – with a certified mountain guide as your lead, previous mountaineering experience isn’t required to be able to conquer this epic adventure.

CMH’s new additions are part of Alterra Mountain Company’s larger plans to invest USD$181 million in capital improvements across its 14 North American mountain destinations for the upcoming year. These capital projects are part of an ambitious improvement plan totaling more than half a billion dollars through the 2022/2023 season, focused on elevating the guest experience at all destinations, after an initial USD$170 million investment for the 2018/2019 season.

**Note: all amounts are reported in Canadian dollars unless stated otherwise.

About CMH Heli-Skiing & Summer Adventures
Celebrating over 50 years of heli-adventures, CMH Heli-Skiing & Summer Adventures is the world’s first and largest Heli-Skiing and Heli-accessed hiking operator. At 3 million acres, the total CMH tenure is one-third the size of Switzerland. From their head office in Banff, Alberta, CMH operates from 12 lodges located in the Bugaboo, Purcell, Selkirk, Monashee and Cariboo ranges of British Columbia, Canada. Heli-Skiing takes place each year from December through April, and CMH Summer Adventures take place from July to mid-September. For more information, please visit www.cmhheli.com

About Alterra Mountain Company
Alterra Mountain Company is a family of 14 iconic year-round destinations, including the world’s largest Heli-Ski operation, offering the Ikon Pass, the new standard in season passes. The company owns and operates a range of recreation, hospitality, real estate development, food and beverage and retail businesses. Headquartered in Denver, Colorado, with destinations across the continent, Alterra Mountain Company is rooted in the spirit of the mountains and united by a passion for outdoor adventure. Alterra Mountain Company’s family of diverse playgrounds spans six U.S. states and three Canadian provinces:

Steamboat and Winter Park Resort in Colorado; Squaw Valley Alpine Meadows, Mammoth Mountain, June Mountain and Big Bear Mountain Resort in California; Stratton in Vermont; Snowshoe in West Virginia; Tremblant in Quebec, Blue Mountain in Ontario; Crystal Mountain in Washington; Deer Valley Resort and Solitude Mountain Resort in Utah; and CMH Heli-Skiing & Summer Adventures in British Columbia. Alterra Mountain Company honors each destination’s unique character and authenticity and celebrates the legendary adventures and enduring memories they bring to everyone. For more information, please visit  www.alterramtnco.com.

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