RESORTS: There's No Biz Like Snow Biz

There's No Biz Like Snow Biz

Kamori Kanko Co. is heading downhill -- and happy about it. Early this month the Japanese tourism firm said it had agreed to buy Heavenly Valley, the ski resort near Lake Tahoe, for an estimated $90 million. The sale would mean that Kamori Kanko will play host to more U.S. skiers than any other company. The firm, controlled by Sapporo businessman Katsuo Kamori, 83, and his son Kimihito, 47, also owns the ski resort of Steamboat Springs, Colo., which the Kamoris bought last year for a reported $110 million. The elder Kamori has not confined his interest to the slopes. Besides...

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