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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

Resort Openings Accelerate As Weekend Approaches

SAM Magazine—Ludlow, Vt., Nov. 14, 2013—A cold wave earlier this week that spread across the U.S. east of the Rockies, along with snow and favorable snowmaking conditions in parts of the West, have enabled dozens of areas across North America to open, either for the coming weekend or for the season. East In the East, Okemo was one...

 HEADLINE NEWS - Ski Area Management

Intrawest Files $100 Million IPO

SAM Magazine--Denver, Colo., November 12, 2013--According to NASDAQ.com, Intrawest Resorts Holdings Inc., filed an initial public offering today with the New York Stock Exchange to raise up to $100 million. Intrawest, which is based out of Denver, operates Winter Park and Steamboat in Colorado, Mont Tremblant in Quebec, Stratton in Vermont and Snow...

 HEADLINE NEWS - Ski Area Management

More Areas Now Open, Others Join This Weekend

SAM Magazine—Breckenridge, Colo., Nov. 7, 2013—Breckenridge, Mammoth, Calif., Lake Louise, Alberta, Brighton, Utah, and Loon, N.H., are among the several areas that are recently opened or opening in the next few days. The start-ups give skiers and riders more options from coast to coast. In California, Boreal Mountain Resort reopened...

 HEADLINE NEWS - Ski Area Management

Resorts Offer Last-Minute Pass Deals

SAM Magazine—Truckee, Calif., Nov. 7, 2013—Several Western areas are adding value to their pass offerings. Sugar Bowl Resort has partnered with Sun Valley Resort, complementing a similar deal with Grand Targhee, Wyo., to give Sugar Bowl’s unrestricted and slightly restricted season passholders free skiing at both partner resorts (...

 HEADLINE NEWS - Ski Area Management

Ski Utah is Heading to Denver

SAM Magazine--Salt Lake City, Utah, November 7, 2013--Ski Utah is bringing its message to Coloradans this weekend during the Denver Ski & Snowboard Expo, held from November 8-10 at the Colorado Convention Center. This marks the first time that any Utah resort will be represented at the show. Ski Utah will represent its 14 member resorts in a 20...

 HEADLINE NEWS - Ski Area Management

A New Camp Next March Will Tackle Conversion

SAM Magazine—Natick, Mass., Nov. 6, 2013—SAM Magazine and Snow Operating LLC, are joining forces to host the first annual Conversion Camp at Jiminy Peak, Mass., March 4-6, 2014. The Conversion Camp will be a total immersive experience for resort operators that examines the complete trial and conversion process for beginners—from t...

 HEADLINE NEWS - Ski Area Management

Telluride Names New Management Team

SAM Magazine—Telluride, Colo., Nov. 7, 2013—Telluride Ski Resort has brought in four industry veterans to fill out its management team, headed by president and GM Greg Pack, who assumes his new role Nov. 19. Pack, a Colorado native, will oversee resort operations and the planning of ski, lodging, culinary service, marketing, guest se...

 HEADLINE NEWS - Ski Area Management

Hall of Fame Names Six Inductees

SAM Magazine—Ishpeming, Mich., Nov. 6, 2013—Six athletes and sport builders have been elected to the U.S. Ski and Snowboard Hall of Fame for their contributions to the sport. Honorees include big mountain skier Scot Schmidt, freestyle pioneer and world champion John Clendenin, 2006 Olympic moguls bronze medalist Toby Dawson, freestyle a...

 HEADLINE NEWS - Ski Area Management

Time for a Treat: Resorts Opening Nov. 1

SAM Magazine—Copper Mountain, Colo., Oct. 31, 2013—Several resorts are opening for the season on Friday, Nov. 1, as the season begins to pick up steam. The resorts include Copper Mountain and Keystone in Colorado, Boreal, California, and Mt. Norquay, Alberta. Copper will open terrain off the American Eagle chairlift and in the Easy R...

 HEADLINE NEWS - Ski Area Management

Forest Service to Cede Land for Affordable Housing

SAM Magazine—Frisco, Colo., Oct. 31, 2013—In an attempt to ease housing pressures for employees of the resorts that populate the I-70 corridor in Colorado, the U.S. House of Representatives has approved a bill to convey 40 acres of White River National Forest to Summit County, Colo., so that the county can establish affordable housing o...

 HEADLINE NEWS - Ski Area Management

Three Ski Areas, Three Uncertain Futures

SAM Magazine--October 30, 2013--Foreclosures, bad economy and more have taken their toll on all industries worldwide, and the mountain resort industry is no different. But, let's start with some good news. In New Hampshire, Whaleback Ski Area announced its closure this year after the owners were foreclosured on. In August, the bank tried to auc...

 HEADLINE NEWS - Ski Area Management

Breck Resort Hotel Guests to Get First Tracks

SAM Magazine—Breckenridge, Colo., Oct. 24, 2013—Breckenridge Ski Resort will offer an exclusive perk for guests staying in resort-owned lodging properties this winter: First Tracks Fridays. This program will allow guests staying at official Breckenridge Ski Resort lodging properties to access a designated chairlift on Peak 9 one hour be...

 HEADLINE NEWS - Ski Area Management

B.C. Debuts New Website For Its Ski Areas

SAM Magazine--Vancouver, B.C., October 24, 2013--Tourism British Columbia launched a new website this week called Ski It To Believe It. The site features comprehensive stats for 13 B.C. resorts, including Apex, Big White, Fernie, Kicking Horse, Kimberley, Mount Washington, Panorama, Red Mountain, Revelstoke, Silver Star, Sun Peaks, Whistler Blackco...

 HEADLINE NEWS - Ski Area Management

Ligety Named Olympic SportsMan of the Year

SAM Magazine—Colorado Springs, Colo., Oct. 24, 2013—The U.S. Olympic Committee has named Ted Ligety 2012-13 Olympic SportsMan of the Year, its highest annual individual athlete honor. The 2006 Olympic gold medalist won three gold medals at the 2013 FIS Alpine World Ski Championship and six Audi FIS Alpine World Cup giant slalom victorie...

 HEADLINE NEWS - Ski Area Management

Mount Sima to Open This Season

SAM Magazine--Whitehorse, Yukon, October 23, 2013--After receiving news early this summer that the City Council of Whitehorse rejected a request for $400,000 to continue to operate Mount Sima, a community ski hill, a group called Friends of Mount Sima rallied and raised more than $200,000 through fundraising efforts and season pass sales and announ...