Kettlers Hammering Out a Deal for Hidden Valley

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Kettlers Hammering Out a Deal for Hidden Valley

By J.D. O'Connor
December 12, 2005

The Kettler family's search for a suitable new owner of Pennsylvania's venerable Hidden Valley Four Season Resort has been narrowed down to one potential candidate, according to a resort spokesman.

At present, the Somerset County resort - the second-largest ski resort in Southwestern Pennsylvania behind Seven Springs - is preparing for its 2005/06 winter season. Spokesman Keith James said the Kettlers are conducting "business as usual," though negotiations are continuing with an unnamed group James said "is not from the ski industry... but which does have experience in the hospitality industry."

"The Kettlers want to take their time and make sure the deal is done correctly for themselves, for Hidden Valley and for its future," James said. "If a deal is struck, it will be struck. If not, we continue doing what we've been doing for so long."

An advertisement soliciting sealed bids for the more than 1,100-acre resort was placed in USA Today earlier this year.

The potential sale price of the resort's inn and conference center, ski area, lodge, 18-hole golf course and several hundred acres of undeveloped property has not been disclosed, though Somerset County Chief Assessor John Riley Jr. told a local newspaper an independent appraisal done about six years ago set the resort's value at about $25 million, and "at today's rate, I'd say its market value is about $32.8 million."

Somerset County Commissioner Pamela Tokar-Ickes called the resort an important employer in the county, with 900 employees, and said rumors have circulated for weeks that the resort could be put up for sale due to ongoing tax problems.

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