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Alaska Airlines, hoping to create a tourist destination, bought the property in 1967, then built Alyeska's first lodge. Francois de Gunzburg, a Frenchman with ties to the Rothschild banking dynasty, bought the budding resort in 1960, importing a full-sized ski lift from Europe. In 1954, six Girdwood skiers installed a rope tow up the mountain. If we get a new buyer who knows North American resort properties, it could be the best thing that ever happened to Girdwood.''Īlyeska's history began before statehood. ''Admittedly, they don't stay that long, maybe three or four hours. ''This is more a summer resort than a winter resort in some ways, with all the tourists through here,'' said George McCoy, a Girdwood real estate broker. Lehman Brothers and resort-consulting firm Trammell Crow have been retained to oversee the sale. Von Imhof said he hoped the resort would sell for more than $50 million (€40 million). Seibu has invested about $200 million (€160 million) in the resort since 1980, including building the mountain's tramway and the 307-room Alyeska Prince Hotel, both of which opened in 1994. ''It's an opportunity (for Seibu) to divest and raise funds and also allow an investor to buy the property for less than was invested,'' he said. Von Imhof said Alyeska generally operates $2.5 million (€2 million) to $3 million (€2.4 million) in the black every year. The company has since been under pressure to raise cash. In 2004, Tsutsumi was convicted of securities fraud and Seibu was delisted from the Tokyo Stock exchange. Seibu founder Yoshiaki Tsutsumi built the railroad company into an investment group in the 1980s.įorbes magazine listed Tsutsumi as the world's richest man from 1987 to 1990.īut a worldwide bust in resort properties in the early 1990s sent the company into several rounds of reorganization. Seibu owns 70 hotels and 30 ski resorts in Japan, as well as four major hotels in Hawaii. Von Imhof said he expects the next owner to develop that land.
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''It is the complete operation, the resort, the restaurants, the tram, the mountain and the real estate.''Īlyeska owns the Anchorage Golf Course and 55 undeveloped acres (22 hectares) just below the resort's ski slopes. ''This will not be a fire sale,'' he said. Von Imhof has worked at the resort since the 1960s and has been involved in each of its subsequent sales. the Japanese company that owns the Girdwood resort - voted in June to unload Alyeska and a Toronto hotel as part of a large sell-off of resort properties.Īlyeska likely will be sold by the end of the year, said Chris von Imhof, the resort's chief executive. It does not store any personal data.Alaska's Alyeska ski resort up for sale ANCHORAGE, Alaska - Alyeska Resort is on the market for the fourth time. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin.
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