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...
SAM Magazine – Taylor Falls, Minn., Oct. 31, 2014 After tweeting a shot of a virtual blizzard via snowmaking last night, Wild Mountain in Taylor Falls, Minn., opened its Front Stage terrain park today serviced by a rope tow. This comes after just 14 hours of snowmaking. “We’re doing it to let the kids come out and play,&rdqu...
SAM Magazine—Durango, Colo., Oct. 30, 2014—A Durango businessman, James Coleman, is buying Durango Mountain Resort (DMR) and Arizona Snowbowl. Further, he is teaming them with two New Mexico areas, Sipapu and Pajarito, to form a four-resort group that collectively tally 3,088 acres, 26 lifts, more than 200 trails and 13 terrain parks. S...
SAM Magazine—Park City, Utah, Oct. 28, 2014—Powdr Enterprises, the sports marketing and entertainment division of Powdr, has forged a strategic brand partnership with Boyne Resorts. The two companies will pool corporate partnership rights to provide brand partners a diverse platform to reach mountain sports and active lifestyle consumer...
SAM Magazine—Tannersville, Pa., Oct. 24, 2014——SAM's sixth annual Summer Ops Camp, a hands-on educational and networking event, will head to Camelback, Pa., Sept. 9-11. The Camp gathers resort managers and operators from around North America to explore opportunities in four-season attractions at one of North America’s mo...
SAM Magazine—Wildwood, Mo., Oct. 22, 2014—Peak Resorts has filed for an initial public offering of its common stock, seeking to raise up to $100 million. Peak Resorts filed a prospectus with the Securities Exchange Commission Monday. This is its second attempt to go public: In 2011, Peak filed for an $85 million IPO that was eventual...
SAM Magazine—Ludlow, Vt., Oct. 21, 2014—Okemo Mountain Resort and Snow Park Technologies (SPT) have partnered on a three-year plan to reimagine the terrain park experience at the resort. SPT has a long history of designing and constructing courses for events including the ESPN Winter X Games, Dew Tour, Burton US Open. It also regular...
SAM Magazine—Broomfield, Colo., Oct. 21, 2014—Vail Resorts’ new EpicDay Lift Tickets, an online and mobile platform to purchase daily lift tickets, in advance, offers convenience and the guaranteed lowest price (as much as 25 percent off the lead rate) at its U.S. resorts. “The earlier you purchase your tickets prior to a...
SAM Magazine—Washington, D.C., Oct. 21, 2014—SnowSports Industries America (SIA) will host a first-ever Industry + Intelligence gathering Wednesday, Jan. 28, the day before its annual trade show opens. The event will include educational offerings, market intelligence, networking opportunities, keynote speakers, a job fair, and socializi...
SAM Magazine—Olympic Valley, Calif., Oct. 21, 2014—Squaw Valley plans to enhance skiable terrain through a month-long, ecological forest thinning project beginning this week. More than 5,000 dead or diseased trees will be removed to improve the natural habitat, reduce the risk of wildfire, and, just as importantly, provide unprecedented...
SAM Magazine—Vail, Colo., Oct. 20, 2014—The U.S. Forest Service has published a final record of decision regarding Vail’s comprehensive summer activities proposal, "Epic Discovery, a Summer Mountain." The decision is the first to stem from passage of the Ski Area Recreational Opportunities Act in 2011. Epic Discovery ...
SAM Magazine—Denver, Oct. 17, 2014—The record-breaking summer for both occupancy and revenue among western mountain resorts is carrying into the winter booking season, according to Denver-based DestiMetrics, which tracks mountain lodging bookings at 19 western mountain resorts in six states. As of Sept. 30, winter bookings for Novemb...
SAM Magazine—Arapahoe Basin, Colo., Oct. 15, 2014—Arapahoe Basin Ski Area will kick off Colorado’s 2014-15 ski and snowboard season on Friday, Oct. 17. The Black Mountain Express high-speed quad chairlift will open at 9 a.m. to whisk riders to the top of the intermediate High Noon trail at mid-mountain. “Conditions have b...
SAM Magazine—Broomfield, Colo., Oct. 9, 2014—Vail Resorts has named Bill Rock, currently chief operating officer of Northstar California Resort, as the new chief operating officer of Park City Mountain Resort and Canyons Resort. Beth Howard, currently vice president of mountain dining and clubs, will become general manager of Northstar ...
SAM Magazine--Steamboat Springs, Colo., October 8, 2014--It seems that Utah can't stay out of the news. On the heels of the launch of a marketing campaign by Visit Salt Lake to promote Salt Lake City and its four member resorts (Brighton, Solitude, Alta and Snowbird) as Ski City USA, which appeared to be an effort to attract visitors away from ...
SAM Magazine—Park City, Utah, Oct. 3, 2014—Deer Valley Resort has entered into an agreement to purchase Solitude Mountain Resort and will begin operating the resort on May 1, 2015. No price was made public. “Solitude is an incredible resort and provided a huge opportunity for us to expand our offerings right here in Utah,&rdquo...
