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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

Winter Storm Juno Forces Travel Bans, Ski Area Closures

SAM Magazine—Hancock, Mass., Jan. 27, 2015—State-wide travel bans in Massachusetts, Connecticut, New Jersey, and New York – all of which were subsequently lifted by mid-day Tuesday morning—were ordered in preparation for Winter Storm Juno that was expected to drop more than 2 feet of snow throughout the Northeast. The travel...

 HEADLINE NEWS - Ski Area Management

Rental + Backshop + Uniforms: One-Stop Comparison Shopping Made Easy

SAM Magazine—Woodbury, Conn., Jan. 27, 2015—SAM and SIA are once again sponsoring Rental + Backshop + Uniform at the SIA Snow Show in Denver Jan. 29-Feb. 1. The three exhibits give buyers a one-stop overview of market trends and key offerings from more than 50 suppliers and offer the chance to compare products side by side, free from sa...

 HEADLINE NEWS - Ski Area Management

Ski Areas Report Mixed MLK Weather, Attendance

SAM Magazine—White Haven, Pa., Jan. 26, 2015—Ski areas are reporting steady attendance over the Martin Luther King weekend despite short interruptions brought about by inclement weather in the Northeast and Pacific Northwest. Linda Irvin, executive director of the Pennsylvania Ski Areas Association (PSAA) said Saturday saw strong att...

 HEADLINE NEWS - Ski Area Management

Colorado Reports Strong Early Season Skier Visits

SAM Magazine—Denver, Jan. 26, 2015—Total skier and snowboarder visits at 21 Colorado resorts during the first part of the season were one percent shy of last year’s record pace, according to Colorado Ski Country USA (CSCUSA). The data reflects visits from Oct. 17 through Dec. 31, 2014. Last season’s early season skier and...

 HEADLINE NEWS - Ski Area Management

Students Cause $100,000 Damage to Two Michigan Areas

SAM Magazine—Gaylord, Mich., Jan. 23, 2015—The University of Michigan chapter of the Sigma Alpha Mu fraternity has been suspended indefinitely by the national office after its members were named as suspects for having caused nearly $75,000 worth of damage at Treetops ski area Jan. 16-17. The Sigma Delta Tau sorority is also accused of b...

 HEADLINE NEWS - Ski Area Management

Cutter's Camp 2015 Opens Registration for East, West Locations

SAM Magazine—Woodbury, Conn., Jan. 22, 2015—Cutter's Camp registration is now open for both of this year's sessions, at Loon Mountain, N.H., April 12-14 and Timberline, Mt. Hood, Ore., May 11-15. Space will be filled on a first-come, first-served basis. Registrations are processed at www.cutterscamp.com.

 HEADLINE NEWS - Ski Area Management

Lack of Snow Forces Five California Areas to Close

SAM Magazine—Pine Crest, Calif., Jan. 22, 2015—Yesterday, Dodge Ridge and Donner Ski Ranch became the latest ski areas in California to suspend operations due to a lack of snow. Badger Pass, Mt. Shasta, and Alta Sierra are also closed. The news comes just as two Federal agencies released a pair of forecasts regarding Western water co...

 HEADLINE NEWS - Ski Area Management

Vermont Auditor Seeks Lease Fee Hike; Colorado Area Fees Set Record

SAM Magazine—Montpelier, Vt., Jan. 22, 2015—Doug Hoffer, Vermont State Auditor, said the state should to be charging higher rates for use of its mountain lands. Hoffer says the money the state gets out of current lease payments, about $3 million, doesn’t reflect the value of the state’s land, according to a report by Vermont...

 HEADLINE NEWS - Ski Area Management

National Ski Patrol Re-Elects Board Chairman Ed McNamara

SAM Magazine—Lakewood, Colo., Jan. 22, 2015—The National Ski Patrol (NSP) has re-elected Ed McNamara as the organization's board chair, effective Jan. 10, 2015. McNamara will serve a second term as board chair in his third year on the board. As board chair, McNamara plans to enhance the educational opportunities the NSP provides ...

 HEADLINE NEWS - Ski Area Management

Vonn Breaks World Cup Record with 63rd Win

SAM Magazine – Cortina D’Ampezzo, Italy, Jan. 19, 2015 –– Lindsey Vonn put down a near flawless super G run Monday to win her 63rd Audi FIS Ski World Cup and etch her name into the record books as the winningest women's World Cup racer ever. Skiing at the end of the top seed in the 22nd start position, Vonn took command ...

 HEADLINE NEWS - Ski Area Management

Vonn Wins 62nd World Cup, Tying 35-Year-Old Record

SAM Magazine—Cortina D’Ampezzo, Italy, Jan. 18, 2015—Lindsey Vonn captured her 62nd career World Cup win, tying a 35-year record that many race experts have thought was unbeatable, during the Audi FIS downhill in Cortina. Vonn won the race by .32 seconds over Austria's Elisabeth Goergl, and in doing so, ties the record of 62 w...

 HEADLINE NEWS - Ski Area Management

Steamboat’s Chris Diamond to Retire in June

SAM Magazine—Steamboat Springs, Colo., Jan. 17, 2015—Chris Diamond, president and COO of Steamboat Ski and Resort Corporation, will retire June 30, 2015. During his 15-year tenure, Steamboat has greatly expanded its snowmaking capabilities, added night skiing, constructed the Four Points Lodge, and completed numerous lift upgrades an...

 HEADLINE NEWS - Ski Area Management

MLK Weekend Outlook: New snow in B.C., Pacific Northwest, Northeast

SAM Magazine—Mount Washington, B.C., Jan. 16, 2015—Mount Washington—the Canadian one, not the New Hampshire one—was today’s new-snow winner with 11 inches as ski areas across North America prepare for the Martin Luther King Holiday, one of the busiest periods of the season. Snow also blanketed ski areas in the Pacif...

 HEADLINE NEWS - Ski Area Management

Mountain Resorts Post Strong Gains in Revenue, Occupancy

SAM Magazine—Denver, Colo., Jan. 16, 2015—Revenues at 19 mountain resorts in six states are up 15 percent over last season while occupancy is up 9 percent, according to Denver-based DestiMetrics. The data reflect aggregated occupancy based on reservations already made through April. Revenue and occupancy have experienced gains every ...

 HEADLINE NEWS - Ski Area Management

Canada’s Mount Baldy is Back (updated)

SAM Magazine—Oliver, B.C., Jan. 16, 2015—Mount Baldy ski area re-opened 500 acres to skiers and riders this season after scrapping operations last season. The Baldy Capital Corporation, based in Calgary, has arranged interim financing along with a Memorandum of Understanding to purchase the resort.The plan is to open Fridays through Sun...