BEND, OREGON — Mt. Bachelor Ski Resort, a cornerstone of Central Oregon’s tourism and recreation economy, is officially on the market. Powdr Corp., the Utah-based company that has owned the resort since 2001, announced it is selling the property as part of a broader reorganization of its business holdings.
While the decision marks a significant shift for the resort, local interest groups are stepping forward, aiming to ensure that the mountain remains an integral part of the community.
Powdr Corp., known for its ownership of ski resorts across the country, is pivoting toward new ventures. The company cited plans to expand into the national parks sector and develop its Woodward brand, which focuses on action sports and experiential facilities. Selling Mt. Bachelor, along with other resorts, is part of this strategic rebalancing.
The resort has thrived under Powdr’s ownership, consistently attracting skiers and snowboarders from across the Pacific Northwest. However, the company’s decision to divest reflects its long-term goals rather than any operational issues at the mountain.
Emerging as a potential buyer, Mount Bachelor Community Inc., a local group formed with the goal of purchasing the resort, has garnered significant support from area residents. The group has received pledges of financial assistance, volunteer time, and endorsements from various community stakeholders.
“Our goal is to ensure Mt. Bachelor remains accessible and continues to serve as a pillar of recreation and economic activity for Central Oregon,” a representative from the group stated.
Mount Bachelor Community Inc. envisions a future where local ownership aligns the resort’s operations more closely with the needs of residents and the surrounding environment.
For now, it’s business as usual at Mt. Bachelor. Local management has assured visitors and employees that the upcoming ski season will proceed without interruption, regardless of the sale process. Current employees are not expected to be affected, and the resort will continue to offer the same services and amenities as in previous years.
The sale, however, is not expected to close quickly. Experts estimate the process could take six months or longer, leaving ample time for due diligence and negotiations.
The exact sale price remains undisclosed, but industry analysts and local insiders speculate that the final figure will exceed $75 million. Mt. Bachelor’s reputation as a premier ski destination and its proximity to Bend, a rapidly growing city, contribute to its significant market value.
The announcement of the sale has elicited mixed reactions. While some residents are excited about the prospect of local ownership, others express concerns about the challenges of managing such a large-scale operation.
Tourism experts note that Mt. Bachelor plays a critical role in Central Oregon’s economy, attracting thousands of visitors annually and supporting numerous businesses. Ensuring a smooth transition of ownership will be key to maintaining its regional importance.
As the sale process unfolds, the community remains optimistic that Mt. Bachelor’s next chapter will preserve its legacy while opening new opportunities for growth and development.
