GLC meaning in Business ?
Answer: What is Garibaldi Lift Company mean?
Whistler Blackcomb is a ski resort located in Whistler, British Columbia, Canada. By many measures it is the largest ski resort in North America and has the greatest uphill lift capacity. It features the Peak 2 Peak Gondola for moving between Whistler and Blackcomb mountains at the top. With all of this capacity, Whistler Blackcomb is also often the busiest ski resort, often surpassing 2 million visitors a year.
Whistler was originally conceived as part of a bid to win the 1968 Winter Olympics. Although the bid failed, construction started anyway and the resort opened for the first time in January 1966. Blackcomb mountain, originally a separate entity, opened for business in December 1980. The two resorts underwent a period of intense rivalry through the 1980s and 90s, with constant upgrades and improvements that were unseen at other resorts. By the mid-1990s the area was repeatedly named the best resort in many skiing magazines. Intrawest, the BC real estate firm that developed Blackcomb, purchased Whistler in 1997 and fully merged their operations in 2003.
Whistler Blackcomb was the centrepiece of a renewed bid on the part of nearby Vancouver for the 2010 Winter Olympics, which they won in July 2003. Whistler Blackcomb hosted the alpine skiing events, including the men's and women's Olympic and Paralympic alpine skiing disciplines of downhill, Super-G, slalom, giant slalom and super combined. In contrast with Cypress Mountain – which hosted the freestyle skiing and all snowboard events, and was plagued with a lack of fresh, natural snow during the Olympics leading to many complaints about hill quality – Whistler Blackcomb had the second-highest snowfall on record with 1,432 cm (over 14 metres) by the end of the 2009/10 season.
Over the next decade, Intrawest expanded by purchasing additional ski resorts across North America, before expanding into golf and other resorts as well. Whistler Village, widely recognized for its livable design, formed the basis of similar Tyrolian-inspired developments at their expanding series of resorts, as well as other resorts that hired Intrawest to build similar developments on their behalf. In 2010 Intrawest sold off much of its 75% interest in Whistler Blackcomb Resort via a public share offering.
On August 8, 2016, American company Vail Resorts bought Whistler Blackcomb Holdings for C$1.39 billion. Nippon Cable minority interest in Whistler Blackcomb resort has continued throughout the ownership changes, by way of ownership of a 25% interest of the Whistler and Blackcomb partnerships.
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