SAM Magazine--June 3, 2009--A U.S. bankruptcy judge approved the $115 million purchase of the Yellowstone Club, Mont., by CrossHarbor Capital Partners. CrossHarbor will pay $35 million in cash and take on $80 million of the $375 million debt owed to Credit Suisse and the holders of loans arranged by Credit Suisse. In previous rulings, Credit Sui...

SAM Magazine--Salt Lake City, Utah, June 3, 2009--Delta Airlines has announced that it is offering a non-stop flight from Salt Lake City to Tokyo. The maiden voyage of this service was made today, among much fanfare between the two destinations. According to published reports, the Governor's Office of Economic Development estimates that the new ...

SAM Magazine--Whistler, B.C., May 28, 2009--Whistler Blackcomb officials announced that the last day for skiing and riding on Whistler Mountain will be Sunday, May 31. Originally slated for June 14, the closing date was moved up because of very warm weather, which has quickly diminished the snowpack and posed avalanche hazards. The mountain will...

SAM Magazine--March 28, 2009--In just two months, Utah's unique liquor laws will change, most notably, the elimination of Utah's private club system, which required patrons to pay a membership fee. Beginning July 1, the state will no longer require patrons to be "members," but will require drinking establishments to scan the IDs of anyone under 35 ...

SAM Magazine-Butte, Mont., May 18, 2009-CrossHarbor Capital Partners today won ownership of the Yellowstone Club resort after reaching a settlement deal with the club's primary lender, Credit Suisse, according to NewWest.net. The settlement ends a six-month legal battle that began when the Club filed for bankruptcy protection in November. U.S. B...

SAM Magazine--Lakewood, Colo., May 18, 2009--Based on preliminary estimates, ski areas in the U.S. tallied 57.1 million visits for the 20008/09 season, making it the fifth best season on record. While last year's record of 60.5 million still stands, this year's number, given the circumstances, is still 0.8 percent above the 10-year average of 56.7 ...

SAM Magazine-Stowe, Vt., May 18, 2009-Stowe Mountain Resort, owned by insurance giant and ward of the government AIG, is for sale,
AIG spokesman Peter Tulupman confirmed last week. AIG has received "a surprising number" of unsolicited bids from qualified buyers, Tulupman said, though no bidders have been named or identified, nor has the askin...

SAM Magazine-Fairfield, Idaho, May 11, 2009-The managers of Soldier Mountain Ski Resort say the area will rebuild its base lodge and open for the 2009-10 season. The lodge burned to the ground on March 30. Shelly Scott, office manager for Valley Entertainment in Hailey, Ida., says the new lodge will be slightly larger than the old. However, wet ...

SAM Magazine--Vail, Colo., May 11, 2009--A ski accident in 2007 at Beaver Creek that involved a 7-year-old boy and an adult skier from Pennsylvania has been highlighted as a good example of a frivolous lawsuit by the U.S. Chamber Institute for Legal Reform. According to the Vail Daily, the crash is being featured in movie trailers showing in the De...

SAM Magazine-McLean, Va., May 8, 2009-Retail sales for the 2008-09 season fell 5 percent, as fear about economic security kept consumers, retailers and suppliers in a cautious mood, according to Snowsports Industries America (SIA). Overall, the season's sales totaled $2.82 billion, compared to last season's $2.95 billion. Unit sales declined three ...

SAM Magazine-Oslo, Norway, May 6, 2009-The Southern hemisphere ski season is beginning five weeks early, even as snowfalls across Europe put a fresh face on the season there and provide a boost to Norway's summer season, according to skiinfo.com. The season in Europe was so strong this past winter, they're still skiing in Spain, at Europe's most so...

SAM Magazine-Vail, Colo., May 6, 2009-The Vail Valley is pursuing a third World Alpine Ski Championships. The U.S. Ski and Snowboard Association has selected Beaver Creek/Vail as the American candidate applicant for the 2015 Championships. The Vail Valley hosted the 1989 and 1999 World Championships and has been a part of the FIS Alpine World Cu...

SAM Magazine--Quebec City, Que., May 4, 2009-- Daniel Gauthier, owner of Le Massif ski area in Quebec, announced today that he has found another financial investor for his tourism project in Charlevoix. The investor is Gauthier's long-time friend and business partner, Guy Laliberte, the founder of Cirque du Soleil. Laliberte is making a CDN $10 mil...

SAM Magazine-Mt. Hood, Ore., May 1, 2009-Not only are several North American resorts still operating, several others are reopening for the first weekend in May. Mt. Hood Meadows Ski Resort resumes operations today through Sunday, May 1, 2 and 3 for a season encore. Similarly, Wolf Creek and Echo Mountain, Colo., Jay Peak, Vt., and Alpental, Wash...

SAM Magazine-Lakewood, Colo., May 1, 2009-Henry "Hank" Lunde has received the National Ski Areas Association Lifetime Achievement Award, while Bill Gilbert has earned the Sherman Adams award, NSAA announced today. Lunde was president of Vermont's Killington and SKI, Ltd., for 28 years before spending nearly a decade as president of Stowe Mountai...