Jackson Hole Owners Selling Resort To Local Families
In marked contrast to the trend of recent decades that has seen more and more famous North American ski resorts sold to large corporate groups, the family owners of Jackson Hole have announced that after 31 years they’re selling to local families.
The Kemmerer Family bought Jackson Hole Mountain Resort (JHMR) in 1992. Over the past three decades under their ownership the resort has seen over $300 million in capital improvements. They’ve decide now though that the time has come to sell up.
“As the Kemmerers watched the consolidation of the ski industry, their highest priority was maintaining JHMR’s status as an independent, family-owned Resort. They’ve found the perfect buyers in Teton County residents, close Kemmerer family friends and JHMR Board Members Eric Macy, Mike Corbat, their families and a small, select group of co-investors,” a resort statement explains.
The achievement over the last three decades included switching to 100% green energy in 2019, making it the largest resort in North America to run on green power. The last 30 years has seen every lift at JHMR replaced at one point or another, with Sublette being the final lift to be replaced in 2024. It constructed a new $31 million Aerial Tram in 2008 during the financial crisis; built the Bridger Gondola and the Bridger Center in the winter of 1997/1998
“Mike and I are honored to have the opportunity to carry on the legacy of this world-class ski resort,” said JHMR Board Member and new owner Eric Macy. “We want to thank everyone at JHMR in advance for their support as we begin this next stage and are committed to our ownership for decades. We appreciate all the hardworking employees and members of the Jackson Hole community who have played an integral part in building JHMR into the ski mountain we know and love today. It is our privilege to continue cultivating an authentic resort experience that is treasured by locals and visitors alike. We look forward to many amazing winter and summer seasons to come.”