Alterra Is Spending $350 Million on Its Ski Resorts: What’s Changing for 2026/27

Alterra Mountain Company has announced a capital programme of more than US$350 million across its mountain destinations for winter 2026/27. The biggest skier-facing changes include another 200 acres at Deer Valley, a new beginner area at Tremblant, major snowmaking projects and nearly US$9 million of new remote avalanche-control systems in California.

Trav's short answer

Alterra has committed more than US$350 million to capital projects across its mountain portfolio for winter 2026/27.

For skiers, the stand-out changes are 200 more acres and seven new runs at Deer Valley, a new first-timer area at Tremblant, major snowmaking upgrades and US$8.9 million of remote avalanche-control investment across Palisades Tahoe, Mammoth Mountain and June Mountain.

Alterra says it will invest more than $350 million for winter 2026/27

Programme announced · 9 September 2026 The money is spread across terrain, lifts, snowmaking, avalanche safety, guest facilities and employee housing rather than one single mega-project.

Alterra Mountain Company announced a capital programme of more than US$350 million across its family of mountain destinations for the 2026/27 winter. Deer Valley in Utah and Tremblant in Quebec are the two long-term resort visions given the most prominence, but the announcement also details projects in California, Colorado, Vermont, British Columbia and elsewhere.

One important detail Not every project has an individual price tag Alterra gives a portfolio-wide total and specific costs for some projects, but it does not publish a complete resort-by-resort breakdown showing exactly how the full US$350m-plus is divided.

What the announcement shows: Alterra is putting money into both visible skier improvements, such as new terrain and lifts, and less obvious infrastructure including reservoirs, snow guns, avalanche-control systems, hybrid snowcats and workforce housing.

The headline numbers

Alterra announcement · September 2026
Capital programme$350m+Alterra's total capital investment programme across its destinations for winter 2026/27.
Deer Valley expansion200 acresHail Peak Express will serve seven new runs, taking Deer Valley to 4,500 skiable acres.
Tremblant long-term planCA$42.5mThe Quebec investment includes a new learning area now and a larger terrain expansion planned for 2027/28.

Deer Valley is adding another 200 skiable acres and seven runs

Deer Valley's large-scale Expanded Excellence project is continuing into 2026/27. The new Hail Peak Express is set to serve another 200 skiable acres and seven new runs this winter.

Alterra says the additions will take Deer Valley to 4,500 skiable acres and 32 chairlifts. The resort is also adding snow feature zones with rollers, berms and gentle ski-cross elements aimed at younger and beginner skiers.

New for 2026/27

Hail Peak Express

The new lift is the centrepiece of the next phase, opening access to 200 additional skiable acres and seven new runs.

Resulting scale

4,500 skiable acres

Alterra says Deer Valley will have 32 chairlifts once the latest additions are included.

Snowmaking infrastructure Deer Valley has also built a new 10-million-gallon reservoir.

The reservoir will work with the existing Summit Pump House to expand snowmaking coverage. Alterra says 80–90% of the water used for snowmaking will return to either the Jordanelle Reservoir or the Provo River in spring.

Tremblant's CA$42.5 million plan starts this winter, but the biggest expansion comes in 2027/28

Tremblant's long-term investment is worth CA$42.5 million. For winter 2026/27, the immediate skier-facing change is a new dedicated learning area at the base of Versant Soleil, next to the Casino Express Gondola.

The more substantial terrain expansion is scheduled for winter 2027/28. Alterra says the planned Timber Summit development will add 62 acres, eight trails and a new high-speed chairlift, increasing hourly lift capacity by 10%.

12026/27: learning areaA purpose-built beginner zone at Versant Soleil is designed to give first-time skiers and riders a gentler progression area.
22027/28: 62 acresTimber Summit is planned to bring 62 acres of additional terrain and eight new trails.
3New high-speed liftThe Timber Summit chairlift is expected to increase hourly lift capacity by 10% when the expansion opens.

The CA$42.5m figure is a long-term Tremblant investment, so it should not be read as money being spent solely on changes opening in winter 2026/27.

California resorts are getting nearly $9 million of remote avalanche-control systems

Some of the biggest operational spending is going into avalanche mitigation. Palisades Tahoe is investing US$3.2 million in remote systems, while Mammoth Mountain and June Mountain are investing US$5.7 million across 16 new Remote Avalanche Control Systems.

Combined, that is US$8.9 million of specifically identified remote avalanche-control investment across the three California destinations.

Remote avalanche-control spendingSpecific California investments disclosed by Alterra
Palisades Tahoe
$3.2m
Mammoth + June
$5.7m
Combined
$8.9m

Snowmaking is another major theme

Solitude Mountain Resort is adding fixed and mobile snow guns plus system-wide improvements in another multi-million-dollar project, building on more than US$5 million invested in snowmaking improvements last season.

Winter Park Resort is continuing a multi-year rebuild of its snowmaking infrastructure. New automated fan guns and mobile guns are intended to support earlier openings, improve water efficiency and double snowmaking capacity on Lower Hughes.

Palisades Tahoe

Two more hybrid snowcats

After buying California's first hybrid PistenBully 600E+ snowcats last year, Palisades is adding two more for 2026/27.

Mammoth Mountain

Three hybrid snowcats

Mammoth is adding three 600E+ hybrid cats, which Alterra says will create one of North America's largest hybrid snowcat fleets.

The $350 million programme also covers lodges, dining, a halfpipe and employee housing

The capital programme is broader than lift and piste infrastructure. Alterra is also spending on guest facilities and projects designed to improve how its resorts operate.

Stratton

New Black Bear Pass lounge

A new premium slopeside lounge above Guest Services will include a full restaurant and bar, fireplace, large windows and an outdoor deck.

CMH Valemount

10 renovated guestrooms

CMH Heli-Ski & Summer Adventures is refreshing the Valemount Lodge experience, including 10 renovated rooms.

Mammoth Mountain

New Apricity restaurant

The Westin Monache will get a reworked restaurant concept with a redesigned space and new food-and-beverage offering.

Steamboat

Halfpipe reshaping

Excavated material from The Stockman project is being used to reshape Maverick's Halfpipe, reducing the snow required to build it by a stated 60%.

Workforce housing remains part of the capital plan

Alterra says it will continue investing in employee housing, including renovations at Palisades Tahoe, Mammoth Mountain, Snowshoe, Steamboat and Crystal Mountain. It is also facilitating new employee housing development at Palisades Tahoe and acquiring a housing property for Sugarbush.

In the previous year, the company says it secured 160 new employee-housing beds at Crystal Mountain and carried out renovations that improved housing for 200 employees across four communities.

This is less one giant expansion and more a portfolio-wide push to improve capacity, reliability and the guest experience

The clearest change for destination skiers this winter is at Deer Valley, where the extra 200 acres and seven runs will be immediately visible on the trail map. Tremblant's new learning area is also opening in 2026/27, while its headline Timber Summit terrain expansion comes a season later.

Elsewhere, much of the investment is infrastructure skiers may not directly see: avalanche-control equipment, reservoirs, snowmaking systems, hybrid grooming machines and employee housing. Those projects can still influence how quickly terrain opens, how efficiently resorts recover after storms and how reliably they can operate through the season.

The bottom line Alterra's US$350m-plus programme is significant, but the spending is spread across many destinations and several different types of project.

For 2026/27, Deer Valley's continued expansion is the biggest terrain story. The wider investment programme is about making the company's resorts bigger in some places, more snow-secure and operationally resilient in others, and better equipped for both guests and employees.

Trav's final summary

Alterra's 2026/27 spending reaches far beyond new lifts

More than US$350 million is being invested across Alterra's mountain portfolio, with projects ranging from major terrain additions to snowmaking, avalanche safety, guest facilities and workforce housing.

  • Deer Valley: 200 more skiable acres and seven new runs served by Hail Peak Express for 2026/27.
  • Tremblant: a new learning area this winter, with the 62-acre Timber Summit expansion planned for 2027/28.
  • Snow & safety: US$8.9m of identified remote avalanche-control investment in California, alongside wider snowmaking upgrades.
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