Canada’s Whistler Blackcomb sold to Vail Resort.

Canada’s Whistler Blackcomb sold to Vail Resort.

One of Canada’s most popular and internationally renowned ski destinations Whistler Blackcomb was sold to Vail Resort with the architects of the nearly C$1.4-billion deal citing financing for expansion and a push to attract more international visitors as benefits of the sale.

The owner of Whistler Blackcomb ski resort, saying Monday the transaction would give the British Columbia tourism hub access to both the money and the markets it needs to grow its status as one of the world’s leading, year-round ski havens.

Vail Resorts CEO Rob Katz in a press release noted: “Whistler Blackcomb is one of the most iconic mountain resorts in the world and we are tremendously excited to welcome the resort and the talented team who work there to the Vail Resorts family.”

Located about 75miles north of Vancouver, Whistler Blackcomb is both the largest and the most popular ski destination in North America, with more than two million people visiting last year. It gained further renown on the world stage six years ago when it helped host the 2010 Winter Olympic Games.

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