Indiatimes iconIndiatimesSep 13, 2026

Reed Hastings took control of Powder Mountain with $100M in 2023; now he is spending $200M more

Reed Hastings is transforming Utah's Powder Mountain ski resort after a significant investment. He is combining public skiing access with an exclusive private residential community.

Reed Hastings took control of Powder Mountain with $100M in 2023; now he is spending $200M more

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Reed Hastings is transforming Utah's Powder Mountain ski resort after a significant investment.

This hybrid model aims to fund infrastructure improvements while preserving public access.

He is combining public skiing access with an exclusive private residential community.

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The useful part

Reed Hastings is transforming Utah's Powder Mountain ski resort after a significant investment. He is combining public skiing access with an exclusive private residential community. This hybrid model aims to fund infrastructure improvements while preserving public access.

How it works

  • Hastings believes this approach could offer a new blueprint for ski resorts.

Details worth keeping

New lifts and luxury amenities are being added to enhance both operations.

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