Moonlight Basin Announces Acquisition of Sagebrush Property Management

Montana's Preeminent Vacation Destination Acquires Sole Ownership of Resort Rental & Property Management Division

. September 16, 2011

Big Sky, MT - September 15, 2011 - Moonlight Basin, an environmentally-sensitive four-season recreational resort and real estate development located in Big Sky, Montana, has acquired 100 percent ownership of Sagebrush Property Management. Sagebrush Property Management, formerly maintained through a 50 percent partnership between East West Resorts and Moonlight Basin, is the property management operator for the majority of the properties at the resort. This acquisition allows Moonlight Basin to assume control over all the lodging, property management and operations at the resort previously managed by East West. The transition will be gradual, taking place over the next several months, and there will be no interruption of services and experience to owners and guests. The business will now operate under the name “Moonlight Lodging in Big Sky”.

“Moonlight Basin's acquisition of Sagebrush Property Management will allow us to solely manage the guest & owner experience as well as commit additional resources directly towards promoting the resort and its unparalleled lodging options,” reports Greg Pack, Moonlight Basin General Manager. “We're looking forward to increasing rental nights at the resort through a number of new packages and driving further destination business, effectively benefiting both visitors and owners.”

The acquisition of Sagebrush Property Management was made possible through a number of proactive steps on behalf of Moonlight Basin and Lehman. Concurrently East West was re-evaluating their company's focus into the future and decided that East West would only provide rental management services to those destinations that were developed, built and sold by East West Partners such as Northstar-at-Tahoe/Truckee, California and Beaver Creek, Colorado.

About Moonlight Basin
Moonlight Basin is an environmentally-sensitive, four-season recreational resort and real estate development, surrounded by world-class Rocky Mountain skiing. Ski terrain includes 97 mapped trails, bowls, chutes and glades, two terrain parks, as well as 1,900 skiable acres and a lift-served vertical drop of 2,720 feet with a total vertical drop of 4,150 feet. The resort also boasts 250,000 acres of surrounding wilderness and miles of nature trails. Offering luxury accommodations; Jack Nicklaus Signature Golf; a full-service spa; a variety of dining options; “The Biggest Skiing in America,” in combination with Big Sky Resort; fishing; hunting; rafting; camping; skiing; horseback riding and numerous other activities throughout the year, it's the perfect balance of luxury and adventure. Located just one hour from Bozeman and 50 miles from Yellowstone National Park, this four-season paradise feels private and secluded, yet is easily accessible year-round. www.moonlightbasin.com

Business Contact:

Michelle McLeod Duncan
T: 303-333-1402
E: [email protected]

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