Brian Head resort lowers asking price

Published: Friday, July 9 2010 7:30 p.m. MDT

PAROWAN, Utah (AP) — Brokers have reduced the sale price for a southern Utah ski resort by nearly $6 million.

The original asking price for Brian Head Ski Resort was $34.75 million, but it was reduced to $29 million three weeks ago.

A broker for the firm CB Richard Ellis Inc. says the price came down because of a slow market in resort real estate.

The resort near Parowan is currently running its regular summer activities, including mountain biking and ski lift rides.

General manager Henry Hornberger says if the resort does not sell before the winter season begins, he expects it to be business as usual at the resort.

Brian Head Resort includes two mountains, nine lifts and 640 skiable acres on 53 runs.

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