September 12, 2014
SAM Magazine—Collingwood, Ont., Sept. 12, 2014—Intrawest Resorts Holdings, Inc., which has held a 50 percent ownership in Blue Mountain since 1999, has entered into a definitive agreement to acquire the 50% interest in Blue Mountain Ski Resort that has been held by Blue Mountain Resorts Holdings Inc., for C$58 million. The resort has been operating as a joint venture between the two companies. Intrawest does not anticipate significant changes to operations or resort personnel....
September 11, 2014
SAM Magazine—Park City, Utah, Sept. 11, 2014—Vail Resorts, Inc. has acquired Park City Mountain Resort (PCMR) for $182.5 million. The deal ends an epic legal battle over PCMR’s lease for most of the on-mountain terrain, and removes the uncertainty that had hung over the resort for the past few years after a court ruled that PCMR had failed to renew its lease and eviction loomed. The purchase includes the PCMR base area, parking, lower ski terrain and lifts, as well as water...
September 09, 2014
SAM Magazine—Park City, Utah, Sept. 9, 2014—Park City Mountain Resort (PCMR) will pay the $17.5 million bond amount ordered by the Court last Friday, thus ensuring the resort will open as planned this season, scheduled for November 22, 2014. Negotiations between PCMR and landlord Vail regarding the long-term resolution of ownership and operation of the terrain at Park City continue. "Our goal has always been to keep PCMR open for the upcoming 2014-15 season and beyond,"...
September 03, 2014
SAM Magazine--Tully, N.Y., September 3, 2014--Song Mountain and Labrador Mountain, both located in central New York, have announced a merger. According to published reports, the two mountains will consolidate operations, but management and staffing will remain largely the same. The two areas will offer a new Inter-Mountain Passport. Peter Harris, who bought Song in 2000, will retain the previous owners of Labrador, Bruce and Sue Wilson, for the upcoming season in their current management...
August 27, 2014
SAM Magazine—Park City, Utah, Aug. 27, 2014—District Judge Ryan Harris postponed until Sept. 3 a decision on the bond he would require Park City Mountain Resort to post if it wants to operate the resort for 2014-15. Harris cited the introduction of new information from both parties, and their continuing mediation effort, for the delay. Today’s hearing revealed the size of the gulf separating the two sides in the dispute, PCMR and Talisker, regarding the bond. Talisker argued...
With interest in summer business continuing to grow, it’s no surprise that this year’s Summer Ops Camp, held at Vail, Colo., Sept. 3-5, drew a record attendance of 150 from both resorts...
From August 3-6, over 290 ski area attendees representing 55 ski areas gathered at Boyne Mountain in Michigan for three days of shopping, networking and learning. Over 76 companies displayed their...
Cutter's Camp at Timberline, Mt. Hood, wrapped up last week, May 12-16, and celebrated its 12th year for this gathering. The shorter eastern Cutter's Camp took place last month, April 4-6,...
On a glorious evening in Las Vegas, Nev., on May 18, Leitner-Poma hosted an event to celebrate its installation of the world's tallest observation wheel, the High Roller. Attendees included...
The annual Rocky Mountain Lift Association (RMLA) conference May 5-8 in Grand Junction, Colo., expanded the usual safety and risk-management themes to year-round activities—a trend that has...