American Skiing Co. can sell timeshare |

American Skiing Co. can sell timeshare

Robert Stern

The American Skiing Company received approval from the California Department of Real Estate to enter into legal binding agreements with purchasers of rooms in the Heavenly Grand Summit Resort time-share hotel.

“We’re starting to see the light at the end of the tunnel,” said Stan Hansen, senior vice president for American Skiing Company.

The approval fulfills one of the last requirements in the development agreement and sets up ASC to collect on the 669 presales, which represent about 85 percent of the Grand Summit.

ASC is in the process of getting Tahoe Regional Planning Agency permits and is scheduled to break ground on the Grand Summit in May.

Support Local Journalism

Support Local Journalism

Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.