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  • Pacific Group Resorts, Inc. Submits Top Bid for Jay Peak at $76 Million

    PGRI president and CEO Vern Greco shares his thoughts on the acquisition with SAM. SAM Magazine—Jay, Vt., Sept. 8, 2022—Pacific Group Resorts, Inc. (PGRI) made the highest and best final bid to buy Jay Peak, $76 million, following an auction with multiple bidders. PGRI president and CEO Vern Greco told SAM that after three years spent pursuing the acquisition, PGRI is poised to bring renewed stability to the resort and its staff, and tap into its passion and energy. The prevailing bid remains subject to approval by the United States District Court in Southern Florida during a final hearing scheduled for Sept. 16. Judge Darrin P. Gayles, who has presided over the receivership in federal...

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 HEADLINE NEWS - Ski Area Management

Crystal Mountain Now A Tesla Driving Destination

SAM Magazine—Thompsonville, Mich., Dec. 8, 2014—Crystal Mountain is the first location in northern Michigan designated as a Tesla Driving Destination Partner, in which the electric vehicle (EV) manufacturer establishes complimentary charging stations for its customers. The new high-power connectors provided by Tesla offer more than t...

 HEADLINE NEWS - Ski Area Management

Big Snows Hit Parts of the West Coast

SAM Magazine—Truckee, Calif., Dec. 5, 2014—The continued front of winter storms passing through California’s Lake Tahoe region has brought more than three feet of snow to higher elevations some ski areas, enabling resorts in the Sierra expand their open terrain or in some cases open for the season. Up to a foot of additional snow ...

 HEADLINE NEWS - Ski Area Management

Peak Resorts Completes IPO

SAM Magazine—Wildwood, Mo., Dec. 1, 2014—Peak Resorts, Inc., operator of 13 ski resorts located primarily in the Northeast and Midwest, 12 of which are company-owned, has closed its initial public offering of 10,000,000 shares of common stock at a public price of $9 per share. At today’s close the shares were trading at $8.59. All...

 HEADLINE NEWS - Ski Area Management

CUTTER'S CAMP EAST HEADS TO LOON IN 2015

SAM Magazine—Woodbury, Conn., Nov. 21, 2014—After six successful camps at Carinthia, Mount Snow, Cutter's Camp will change the venue of its eastern location to Loon Mountain Resort, N.H., April 12-14, 2015. The western camp will remain at Timberline, Mt. Hood, Ore., May 11-15.

 HEADLINE NEWS - Ski Area Management

Intrawest Names New Leadership Team

SAM Magazine—Denver, Nov. 21, 2014—Intrawest Resorts Holdings, Inc. has named Thomas F. Marano as the company’s chief executive officer, effective immediately. Marano will also serve on the company’s board of directors. Additionally, Intrawest has promoted Sky Foulkes, President of Stratton Mountain Resort, to the position o...

 HEADLINE NEWS - Ski Area Management

Winter Blast Launches More Early Starts

SAM Magazine—Denver, Nov. 20, 2014—With cold and snow sweeping through much of the Rockies and the eastern half of the country, resorts there are opening ahead of schedule and with more terrain than usual. Nationwide, there were nearly 50 resorts open today, with more than 80 ski areas nationwide open this weekend. Meanwhile, snow re...

 HEADLINE NEWS - Ski Area Management

Bookings Remain Strong for Western Destinations

SAM Magazine—Denver, Nov. 17, 2014—Despite mild October temperatures, lodging reservations for the six-month winter season (November through April) are currently running ahead of the same time last season. Denver-based DestiMetrics, an organization that tracks mountain lodging bookings in 19 Western mountain resorts in six states, said ...

 HEADLINE NEWS - Ski Area Management

Steamboat, Visit Salt Lake Settle Trademark Dispute

SAM Magazine—Salt Lake City, Utah, Nov. 14, 2014—Steamboat Ski & Resort Corporation and Visit Salt Lake have settled the litigation involving Steamboat’s Ski Town, U.S.A. trademark and Visit Salt Lake’s Ski City USA marketing campaign. The upshot: Visit Salt Lake has agreed to revise its campaign in a manner that is acce...

 HEADLINE NEWS - Ski Area Management

Strong Cold Front Fuels Resort Openings

SAM Magazine—Woodbury, Conn., Nov. 13, 2014—A strong cold front that continues to sweep through most of the country this week blanketed some ski areas with nearly two feet of fresh snow, allowing snowmaking crews to piggyback off of Mother Nature’s graces as they work to open for the 2014-15 season. The National Weather Service...

 HEADLINE NEWS - Ski Area Management

More Resorts Opening This Weekend

SAM Magazine—Denver, Nov. 7, 2014—Three Colorado resorts headline this weekend’s openings, along with resorts in California, Nevada, and Michigan, as the winter season slowly gets underway. The pace could well pick up soon, though: With an extended cold snap forecast next week for much of the nation east of the Rockies, more resor...

 HEADLINE NEWS - Ski Area Management

Vail Resorts lays out Leadership Succession Plan; Campbell to become president of Mountain Division

SAM Magazine — Broomfield, Colo., Nov. 5, 2014 — Vail Resorts, Inc. today announced that Patricia Campbell, executive VP and COO of Breckenridge Ski Resort, will become president of the company's mountain division effective Aug. 1, 2015. At that time, Blaise Carrig, current mountain division president, will step down but remain w...

 HEADLINE NEWS - Ski Area Management

Change of Formation: Aspen Reorganizes prior to kicking off 2014/15 Season

SAM Magazine – Aspen Snowmass Village, Colo. Nov. 4, 2014 – Today Aspen Skiing Company announced an internal reorganization that is says is aimed at enhancing the guest experience through improved operational efficiencies, developing a more collaborative environment among employees, and allowing the company to keep up with the pace of t...

 HEADLINE NEWS - Ski Area Management

Ski Town USA to host Hall of Fame Induction – Class of 2014 Named

ISHPEMING, MI – Nov. 4, 2014 – Ten athletes and sport builders make up the Class of 2014 to be inducted into the U.S. Ski and Snowboard Hall of Fame in Steamboat Springs “Ski Town USA,” Colorado on April 11, 2015. Among the inductees are Olympic champion snowboarder Ross Powers, World Alpine Championship medalist Eri...

 HEADLINE NEWS - Ski Area Management

Mother Nature Hands Out Snow Treats: More Areas Open

SAM Magazine – Woodbury, Ct., Oct. 31, 2014 ¬– The Halloween weekend saw a flurry of ski area opening activities as the result of a Nor’Easter making its way up the Atlantic Coast. On Sunday, North Carolina’s Sugar Mountain realized the second earliest opening in its 38-year history, thanks to an arctic blast that dro...

 HEADLINE NEWS - Ski Area Management

2014-15 Growth Initiatives Include Two Worldly Events and First Day Faces

SAM Magazine – Woodbury, Ct., Oct. 31, 2014 – Organizers of the snow sports industry’s Learn to Ski and Snowboard (Month) and Bring a Friend initiative recently unveiled a new campaign called “First Day Faces” that will make its official consumer debut Dec. 1, 2014. The ads and social media campaign feature the happy f...