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—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...
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...
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...
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...
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.
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...
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...
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 ...
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 ...
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...
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...
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...
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 ...
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...
SAM Magazine—Baar/Straubing, Germany, Jan. 9, 2015—Marker Völkl has entered into a purchase agreement to acquire the Dalbello Group, a family-owned Italian company that has been making ski boots since 1974. “Dalbello has many of the same attractive business characteristics as Marker Völkl, including a leading market p...
