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Lake Louise has been a home to skiing since the 1920s, as the gateway to the Skoki Ski Lodge. The first lift was constructed in 1954, and a poma was added in 1960.

Until autumn 2008, the ski resort was owned and operated by the Resorts of the Canadian Rockies (RCR) company. In 2008, Charlie Locke, a former owner of the ski area (1981-2003), exercised a buy-back option to reacquire Lake Louise from RCR to return as the ski resort's owner, president and operator.