Colorado Politics

The Grand Junction Daily Sentinel: A win for outdoor rec

Since acquiring Powderhorn in 2011, the ownership group consisting of Andy Daly and the Gart brothers has embraced a vision that what’s good for the Grand Valley is good for the ski resort.

Put another way, giving people an affordable mountain experience, be it on skis or on a mountain bike, adds to the quality of life and helps feed the burgeoning outdoor recreation economy.

But significant investment in the ski operation took a toll when the entire state suffered through the worst ski season in 40 years last winter. Meeting capital calls on thin revenues put the resort in a tough position. The group needed investors, but the right kind – investors willing to buy into the vision that a rising tide lifts all boats.

Read more at The Grand Junction Daily Sentinel.

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