Thredbo is a village and ski resort in the Snowy Mountains of New South Wales, Australia, in the Snowy River Shire. Thredbo is about 500 kilometres south of Sydney. It is accessible by the Alpine Way. It is built in the valley of the Thredbo River, formerly known as the Crackenback River, at the foot of the Ramshead Range.
The town has around 4150 beds but a permanent population of only about 300 people. When the mountain is fully covered by snow, Thredbo has the longest ski runs in Australia, and this attracts around 700,000 winter visitors annually. In summer, Thredbo is a hiking and summer sport destination, and hosts a blues music festival, boasting approximately 300,000 summer visitors. (Figures are as of 2005. http://www.thredbo.com.au/about/history.asp, http://www.thredbo.com.au/about/resortinformation/factsandfigures.asp)
Thredbo was developed by a syndicate of people who were working on the Snowy Mountains Hydro-Electric Scheme. In 1957 this syndicate was granted a head-lease over the area that Thredbo now occupies. Development occurred in following years under Lend Lease Corporation. In January 1987, Amalgamated Holdings Limited (AHL) purchased the head lease from Lend Lease. AHL operates the Thredbo village, services, real estate, and lease arrangements as a public company. (...)
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