Created: 09/04/2014 8:18 AM
By: The Associated Press
TAOS, N.M. (AP) - Taos Ski Valley is buying a privately owned lodge and restaurant located near one of its ski lifts.
Ski area CEO Gordon Briner said Wednesday that an agreement has been reached to buy the Bavarian Lodge and Restaurant and the current owners - Thomas and Jamie Schulze - will continue to manage it.
The lodge, which is built of large logs and features German cuisine, is near chairlift No. 4 in what skiers consider the backside of the ski area.
The purchase is the latest expansion announced since hedge fund owner Louis Bacon acquired Taos Ski Valley last year and began several improvements. A new lift is scheduled to be operating in the coming season to take skiers up Kachina Peak and base area improvements are under way.
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