 In 1987 the Skitube Alpine Railway opened to deliver skiers from Bullocks Flat, on the Alpine Way, to Perisher Valley and to Blue Cow, which also opened in 1987.The operators of Blue Cow purchased Guthega in 1991, and the new combined resort later merged with Perisher-Smiggins to become the largest ski resort in the Southern Hemisphere.In 2009 Perisher had 48 lifts covering and four village base areas