WYOMING – MTN News (KRTV) is reporting Teton Pass Ski Resort is on the block. Owners made the surprise announcement October 2017 that they would not be able to open the Choteau, Montana resort this ski season. It looks like financial hardship has taken a toll on the new ownership headed by Nick Wood of New Zealand, who bought the resort in 2010.
Wood stated on Facebook back in October:
“Unfortunately the ski run will not be opening this ski season. The three owners have been willingly subsidizing the operations of the hill since 2010, so the local community had a ski run they could use, and we were proud to do this for the local community. This year it’s just not possible.
“One of the owners has lost their home in the wildfires in California, and another a business in Florida in the recent hurricane. We are just not able to support the hill this year.It is a significant amount of money required to operate, and it’s just beyond our ability this year. We are so sorry.”
MTN News is now reporting owners are actively seeking a buyer for the 400-acre resort.
“The ski area is currently for sale. No offers yet, and no plan to reopen under current ownership,” the owners stated.
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