SAM Magazine (SnowHunter) - October 6 --Burton will open the fifth of its natural Stash concept parks this winter, the second in Europe, at Fachauwinkl ski area in Austria's Salzburgland province. The Stash, scheduled to open in January, will be the first run of its kind in Austria, which is also home to Burton's European headquarters. The forst ...

SAM Magazine-Broomfield, Colo., Oct. 6, 2008-To help offset added airline fees, Vail Resorts is offering a "Baggage Bailout" for skiers and snowboarders staying at Vail, Beaver Creek, Breckenridge, Keystone and Heavenly this winter. Guests will receive a $50 credit when they book a stay of least four days and nights by Dec. 1 through Vail Resorts r...

SAM Magazine (SnowHunter) - October 6 --The world's largest ski resort operating company, Compagnie des Alpes, which manages 17 leading resorts in the Alps, decided it needed to publish a statement underlying its financial stability after Fortis, an international provider of banking and insurance services, published a report on the debt situation o...

SAM Magazine--October 2, 2008, Orlando, Fla.--Baxter Underwood was named senior VP and CIO at CNL Properties, Inc. In this role, Underwood will lead the acquisitions team in identifying new business opportunities and increasing the company's $2.3 billion portfolio of assets. Prior to his promotion, Underwood was VP of investments and oversaw the ac...

SAM Magazine-Broomfield, Colo., Oct. 2, 2008-Vail Resorts has elevated John Garnsey and Blaise Carrig to co-presidents of the company's Mountain division, while Stan Brown has been promoted to president of the Lodging division, all effective immediately. As co-president, Garnsey remains chief operating officer of Beaver Creek Resort and has dire...

SAM Magazine-Highmount, N.Y., Oct. 2, 2008-In the wake of budget cuts by New York State agencies, state-operated Belleayre Mountain Ski Center will restrict lift and snowmaking operations for the 2008-09 ski and snowboard season. However, all programming will remain available, including "Kidscamp," racing programs, and new this year, the adaptive s...

SAM Magazine-Snowmass, Colo., Oct. 2, 2008-The Aspen Skiing Company (Skico) has successfully installed a 164-foot-tall wind tower at the top of the Snowmass Ski Area to determine if wind turbines are feasible there. The initial installation of the tower was delayed last month when a winch failed, resulting in damage to the original tower and a slow...

SAM Magazine - Big Sky, Mt., October 1, 2008 - A potentially dangerous situation was avoided when aggressive action by wildfire crews contained a fire at Big Sky ski resort. The Spanish Peaks Fire, located in the Spanish Peaks Subdivision near Big Sky, was contained Monday night at approximately 10:00 p.m. The fire burned near the base of the Sout...

SAM Magazine - Queenstown, New Zealand, October 1, 2008 - New Zealand's Coronet Peak has announced that the ski area will reopen this week. The resort had shuttered operations for the season last Saturday, but with additional storms pounding the area, management decided to extend the winter. "We've had a big dump of snow and there's more in the ...

SAM Magazine-Broomfield, Colo., Sept. 26, 2008-Vail Resorts, Inc. (VR) on Thursday reported record fiscal 2008 net income of $102.9 million, a 67.6 percent increase over the prior fiscal year, as well as record fiscal 2008 resort revenue of $855.6 million and record total revenue of $1.15 billion, increases of 3.4 percent and 22.5 percent respectiv...

SAM Magazine - Georgetown, Colo., September 25, 2008 - Colorado ski resort Loveland has commenced snowmaking operations. The resort fired up the guns last night, making the ski area the first in North America to start snowmaking operations for the 2008-2009 ski season. A key ingredient in the mountain's ability to be the first to start snowmaking o...

SAM Magazine-New York, Sept. 23, 2008-Appearing on the CNBC business news channel on Monday, AIG chairman and CEO Edward Liddy declared his intention to focus the company on its core insurance business and to have an asset list of for-sale items within seven to 10 days-and perhaps to begin divesting itself of these items in that time frame as well....

SAM Magazine-Carrabassett Valley, Me., Sept. 23, 2008-Maine resort Sugarloaf has invested more than $5 million to enhance its snowmaking capacity, redesign terrain parks, and upgrade on-mountain facilities. The investment brings the area's total capital investment to $9 million since Sugarloaf joined the Boyne Resorts family in 2007. In snowmaki...

SAM Magazine-Whitefish, Mont., Sept. 23, 2008-Whitefish Mountain Resort, in conjunction with Whitefish School District 55 and the Flathead Valley Ski Education Foundation (FVSEF), is creating the Whitefish Alpine and Freestyle Ski Academy for middle and high school student athletes for the 2008-2009 school year and ski season. The academy will offe...

SAM Magazine-Stoneham, Que., Sept. 23, 2008-Canada's Stoneham Mountain Resort is constructing a permanent halfpipe to cut snowmaking costs and facilitate an earlier opening date. The area is resculpting the halfpipe terrain to create an eight foot-deep tank and establish a slope of 18.5 degrees. The resort expects the C$700,000 project, which incl...