Family ownership of Jackson Hole shifting to longtime locals
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marzNC - DCSki Supporter 
7 months ago (edited 7 months ago)
Member since 12/10/2008 🔗
3,231 posts

Jackson Hole will stay independent but won't be owned by the Kemmerer family after an upcoming sale and transition.  The subtitle for the announcement on the JHMR blog is "Kemmerer Family to Fulfill Goal of Keeping JHMR Independent and Family Owned."  The announcement includes info about the two primary future owners.  Eric Macy joined the JHMR Board in 2014.  Mike Corbat joined the Board in 2021, after retiring from a career at Citigroup.  The sale is expected to close by December 2023.

Jackson Hole Mountain Resort Plans to Sell to Local Families - August 3, 2023

"After 31 years of ownership, the Kemmerer family today announced its intent to sell Jackson Hole Mountain Resort (JHMR). The Kemmerer family bought JHMR in 1992, and their passion, dedication and commitment turned the Resort into a world-class destination. As the Kemmerers watched the consolidation of the ski industry, their highest priority was maintaining JHMR’s status as an independent, family-owned Resort. Owners Jay, Connie and Betty Kemmerer found the perfect buyers: 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.

“The time has come to transition ownership of Jackson Hole Mountain Resort. We take great pride in what JHMR has become and what it represents to the Jackson Hole community and the state of Wyoming,” said Jay Kemmerer. “It is of utmost importance to me that the next ownership maintains the integrity and character of the mountain that we have worked so hard to build over the past three decades. There is no better fit for this ownership transition than Eric and Mike and their families, who share the same vision for the future of JHMR and its importance to our great community. I’m excited and proud to pass along this iconic, family-run ski resort to these two strong Jackson Hole families.”

. . ."

Moe Gull
6 months ago
Member since 09/5/2022 🔗
37 posts
That is an amazing place to ski. Im sure Vail tried to buy it.
marzNC - DCSki Supporter 
6 months ago
Member since 12/10/2008 🔗
3,231 posts

Moe Gull wrote:

That is an amazing place to ski. Im sure Vail tried to buy it.

 Perhaps, but perhaps not.  The desire by the Kemmerer family to keep JHMR independent was well known.  The core market for Epic passes is not the core market for JH.  Or at least wasn't before improvements were made to make it more family-friendly in the last decade.  The people who are happy at Park City or Heavenly are not necessarily the best fit for Jackson Hole.

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