Rumors are flying that Intrawest may put Whistler Blackcomb up for sale.

Unlikely says Brownlie.

But Intrawest examines selling other assets to reduce $1.7 billion debt

As Intrawest ULC scrutinizes all assets in an attempt to reduce $1.7 of debt, the president and chief operating officer of Whistler Blackcomb said it is unlikely the number one ski resort in North America will be sold.

“I certainly can’t comment on Intrawest and Fortress, but I can say that Whistler Blackcomb is seen as a core asset to the success of Intrawest,” said Dave Brownlie on Tuesday afternoon.

“As a result, I am very confident that Whistler Blackcomb is not up for sale at this time.”

Mountain resorts across North American are buzzing with rumours about which assets Intrawest might sell after CEO Bill Jensen told a Colorado newspaper last week that the company was looking at “all options to reduce our debt.”

Jensen told Summit Daily News that Intrawest also does not want to sell Copper Mountain, but he said the company may finance some of its businesses independently, including assets in Quebec. Mont Tremblant is Intrawest’s only Quebec resort. (more…)