Largest Resort In Southern Hemisphere Created in Chile

26th May 2024

Last modified on June 4th, 2024

The US company, Mountain Capital Partners, has entered into an agreement to purchase the additional resort.

MCP owns and manages more than a dozen mountain resort properties, mainly in the southwest United States.

“Valle Nevado and La Parva represent some of the best ski resort brands in South America,” said MCP managing partner, James Coleman.

“Together, with these two world-class resorts, we are committed to creating the largest and best lift-served resort.”

The area also has access to more than 200,000 acres of heli-skiing.

Image credit, La Parva.

Valle Nevado and La Parva share borders and guests can ski both resorts with an easy-to-access interconnect system of lifts and trails.

Shared day and season products are still being developed, including La Parva access on the collective’s season pass product, the Power Pass.

“While there have been many who have said this merger would never happen, there have been visionaries who dreamed about bringing these resorts together, and today, that day has come,” added Coleman.

“Thanks to the incredible support of this community and our team of employees, we’re proud to be the ones to formally join Valle Nevado and La Parva.”

Image credit, Valle Nevado.

“We are closing an important and successful milestone for La Parva, and we are sure that MCP will continue to build a unique ski resort,” said Leonidas Vial Claro, former controller of La Parva.

“We shared with James and his team the vision to develop a world-class resort in the southern hemisphere and that purpose, together with the commitment of all those who worked for this agreement, was fundamental.”

MCP says it will retain the La Parva leadership team and all support staff.

Since 2015, MCP has invested more than $78 million at its ski areas and bike parks.

While capital investments have not yet been finalised at La Parva it is understood the company will prioritize building new lifts, adding snowmaking and developing more trails.

Image credit, La Parva.

About La Parva

La Parva is situated at an altitude of 2,750 meters and less than an hour from Santiago.

It is sees skiers, ranging from beginner level to world-class competitors.

It has FIS-approved downhill slopes and is chosen as a training center by international teams such as the United States, France and Slovakia, among others.

There are more than 1,200 shelters and private condominiums that ensure an availability of 9,000 beds during the winter season for athletes and their families.

About Mountain Capital Partners

It is based in Durango, Colorado and owns and manages the largest collective of ski resorts in Southwest USA.

The portfolio include:

• Purgatory Resort, Colorado.
• Arizona Snowbowl Ski Resort, Arizona.
• Brian Head Resort, Utah.
• Lee Canyon, Nevada.
• Sipapu Ski & Summer Resort, New Mexico.
• Nordic Valley Ski Resort, Utah.
• Pajarito Mountain Ski Area, New Mexico.
• Sandia Peak Ski Area, New Mexico.
• Willamette Pass Resort, Oregon.

Colorado’s largest snowcat skiing operation, Purgatory Snowcat Adventures.

In 2023, MCP became the majority owner of Valle Nevado, the largest resort in the Americas.

In total, MCP resorts feature more than 9,000 acres of terrain, 559 named trails, 87 lifts, 22 terrain parks, and an additional 235,000 acres that can be accessed with a heli-skiing or snowcat product purchase.