Panorama's summit reaches 2,450 metres, dropping 1,300 vertical metres to a base at 1,150 metres across 133 runs spread over roughly 1,203 hectares near Invermere, British Columbia. Terrain splits 35 per cent intermediate, 30 per cent expert, 20 per cent advanced and 15 per cent beginner, with average annual snowfall of roughly 4.7 metres. The resort carries Mountain Collective affiliation. Nine lifts, including four quad chairs, one double chair and one triple chair, serve the mountain alongside one gondola, one surface lift and one t-bar.

Panorama holds a genuinely distinctive place among Purcell Mountains resorts for its considerable vertical drop, marketed by the resort as its Mile 1 lift given the drop's proximity to 1,600 metres, and its year-round hot pools and championship golf course. Its heavily expert-and-intermediate-weighted terrain has built Panorama's reputation as a serious mountain with genuine village amenities.

Fritz Zehnder of Invermere and Guy Messerli of Switzerland, together with friends, founded Panorama in 1962, and the original facilities amounted to little more than a warming hut, a parking lot and a single rope tow powered by a V8 engine. The Calgary-based Cascade Group purchased the resort in 1978, recognising its potential as a major destination and investing in significant expansion.

Intrawest Corporation acquired Panorama in 1993, injecting substantial capital that delivered the Doug Carrick-designed Greywolf Golf Course in 1999 alongside the Panorama Springs hot pools. On 26 February 2010, the resort returned to local ownership when a group of investors from the Panorama community purchased it, and Panorama Mountain Village Inc continues to own the resort privately today. Adult daily tickets run from 109 to 129 Canadian dollars.