DENVER - The Snow King Resort Hotel and Conference Center in Jackson, Wyo., has been sold to a real estate investment firm owned by former San Diego Padres baseball team owner John Moores.
The sale of the 204-room, 158-condo resort to JMI Realty Partners IV was completed earlier this week.
The Denver Post reports that terms of the sale were not announced.
JMI Realty partnered with Texas-based Benchmark Hospitality to manage the resort's hotel, condos and conference center.
Snow King Resort President Manuel Lopez says in a statement that JMI and Benchmark are a perfect fit for the hotel.
The ski area will remain with its longtime operators - Lopez and local innkeeper Clarene Law.