Intrawest Appoints Charles Massicotte to the Position of President and Chief Operating Officer for its Mont Tremblant Resort

    Industry Veteran to Oversee all Resort Operations at Tremblant in Quebec,
    including Real Estate Development and Sales

    VANCOUVER, Sept. 25 /CNW/ - Intrawest ULC ("Intrawest"), a world leader
in the development and management of experiential destination resorts, today
announced the appointment of Charles Massicotte to the position of President
and Chief Operating Officer for Mont Tremblant resort in Quebec. In this newly
created position, Massicotte will be responsible for all aspects of
Tremblant's resort operations, including real estate development and sales.
Massicotte will report directly to Alex Wasilov, President and Chief Operating
Officer at Intrawest.
    From 1998 to 2003, Massicotte previously held the position of Vice
President of Finance at Tremblant. During his tenure he was responsible for
the financial management of the resort and he played a key role in the
planning and development of Versant Soleil, the new resort real estate
development that incorporates resort residences, a landmark hotel, premium
shopping and dining, and a direct connection to the South Village of
    "I am extremely pleased to add an executive of Charles' calibre to the
Senior Leadership Team," said Alex Wasilov, president and chief operating
officer at Intrawest. "Charles brings a wealth of industry knowledge and a
solid background in strategic development, management, operations and finance.
These leadership qualities will ensure that we continue to provide exceptional
experiences for our resort guests and our employees at Tremblant. Charles will
play a critical role to help Intrawest deliver on our vision to be a world
leader in the development and management of experiential destination resorts."
    In 2003, Massicotte joined the Aéroports de Montréal (ADM) in the
position of Chief Financial Officer. In this role, he initiated and negotiated
several long-term strategic agreements including a partnership with Bell
Canada to make Montreal-Trudeau a high-tech airport allowing ADM to generate
new sources of income. He implemented several service level agreements with
suppliers to establish and monitor the performance of quality of service
standards. Massicotte also developed creative structures to have third-parties
contribute to the financing of Airport assets instead of ADM assuming all of
the financing.
    Massicotte is a Chartered Accountant and has previously had 12 years of
service with Price Waterhouse. In his role as Vice President for their
corporate finance group, he assisted shareholders, corporate managers and
lenders in areas of management, restructuring, acquisitions, sales and
    "Intrawest is the undisputed leader in destination resort industry and I
am thrilled to work with one of the most talented resort teams in the
industry," Massicotte said. "Tremblant has a proud heritage and strong ties to
the local community. My goal is to capitalize on the new opportunities ahead
to enhance the picturesque pedestrian village, develop exceptional real estate
properties and to continue to deliver world-class on-mountain experiences for
our resort guests, homeowners and employees."
    Massicotte is a graduate of the University of Quebec at Trois-Rivières,
and he is an active member of the Ordre des comptables agrées du Québec and of
the Canadian Institute of Chartered Accountants.

    About Mont Tremblant

    Tremblant has been voted the No.1 ski resort in Eastern North America for
an unprecedented eleven consecutive years by Ski Magazine. One visit is all it
takes to fully appreciate the Tremblant experience. The moment you arrive, you
realize the mountain is simply where the fun begins. Every night you'll have a
different story to tell. Every minute you'll be living to the fullest. In the
heart of the pedestrian village and steps away from the slopes, live the total
Tremblant experience: entertainment, activities, shopping, restaurants,
restaurants and bars. Some people consider it magical. Others simply say

    About Intrawest ULC

    Intrawest is a world leader in experiential destination resorts. The
company has interests in eleven resorts at North America's most popular
mountain destinations including Whistler Blackcomb, a host venue for the 2010
Winter Olympic and Paralympic Games. The Intrawest network also includes
Canadian Mountain Holidays, the largest heli-skiing operation in the world,
Sandestin Golf and Beach Resort in Florida and Club Intrawest - a private
resort club with nine locations throughout North America. In addition,
Intrawest develops real estate at its resorts and at other locations across
North America and in Europe. Intrawest is headquartered in Vancouver, British
Columbia. For more information, visit

For further information:

For further information: Ian Galbraith, Director, Corporate
Communications and Media Relations, at (604) 643-1586 or at; Or, Virginie Barbeau, Public Relations Supervisor at
Tremblant, at (819) 681-3000 Ext. 46553 or at

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