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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

Las Vegas Ski Area Looks to Expand

SAM Magazine - Las Vegas, Nev., February 5, 2008 - It's hard to believe that less than one hour from The Strip, you can go skiing. But while the small ski area called Las Vegas Ski & Snowboard Resort, hidden in Lee Canyon, could be one of the best-kept secrets in Nevada, things could to change if the ski area's plans for expansion are approved. ...

 HEADLINE NEWS - Ski Area Management

Avalanches Affect Areas in Two States

SAM Magazine--February 5, 2008--An avalanche blocked Alpine Meadow's access road on Sunday, forcing the resort to close for the day. The slide was triggered by a control team which was running routes above the access road. The crown of the slide was estimated to be as much as 12 feet high in some places. The avalanche underscores the danger of ...

 HEADLINE NEWS - Ski Area Management

Vermont Resorts See Upgraded Cell Service

SAM Magazine - Wilmington, Mass., January 31, 2008 - Verizon customers won't be able to escape the boss quite as easily when they take advantage of mid-week powder days in Vermont. The company has announced that a $55 million investment into its Vermont network means that wireless service has been expanded into nearly 60 additional Vermont communit...

 HEADLINE NEWS - Ski Area Management

Monarch Extends Season, Stokes Out Season Pass Holders

SAM Magazine - Monarch, Colo., January 31, 2008 - Colorado's Monarch Mountain has announced that the resort will extend its season by one week, to April 13, 2008. The resort cites exceptional year-to-date snowfall for the extension. According to Monarch, the ski area has received more than 259 inches for December and January, a record amount. "W...

 HEADLINE NEWS - Ski Area Management

New Hampshire Ski Areas Step Up Environmental Efforts.

SAM Magazine - North Woodstock, NH, January 26, 2008--With a rich history of environmental initiatives (Cranmore was the first ski area east of the Mississippi to convert to biodiesel in 2003), New Hampshire ski areas are strengthening their environmental initiatives as part of a broad effort to reduce their footprints on the planet over the next f...

 HEADLINE NEWS - Ski Area Management

Ginn Company Touts Town-Friendly Plan

SAM Magazine-Minturn, Colo., Jan. 18, 2008-The Ginn Development Company, which is planning a private ski area above the towns of Minturn and Red Cliff, near Vail, has been promoting the benefits of the resort to local politicos. In a recent Minturn town council meeting, Bill Weber, senior vice president of the company, said that the ski resort w...

 HEADLINE NEWS - Ski Area Management

Retail Sales Rebound After Slow Start

SAM Magazine-McLean, Va., Jan. 18, 2008-August to November snow sports sales reached $897 million, an increase of 2 percent over last season's anemic early season sales, reversing a 7 percent drop for the August to October period-even though the heavy snow hadn't started falling yet. "December snow promises relief," said Kelly Davis, director of re...

 HEADLINE NEWS - Ski Area Management

Colorado Early-Season Visits Decline 12 Percent

SAM Magazine-Denver, Jan. 18, 2008-Colorado Ski Country USA's 26 member resorts hosted an estimated 2,873,363 visitors from Oct. 10 through Dec. 31, about average for the state but down 12.5 percent from last year's record for the period. Low snowfall totals in November caused several resorts to delay their opening dates, and got skier visits off t...

 HEADLINE NEWS - Ski Area Management

SAM and SIA Host Special Market Exhibits

SAM, Jan. Woodbury, CT--SAM and SIA Host Special Market Exhibits Exclusively for Rental, Backshop And Uniform Buyers In three exclusive Market Segment Exhibits presented by SAM Magazine and SIA, including Rental World, Backshop Garage and Uniform Center find all the latest rental gear, uniform designs and backshop machines and tools displayed ...

 HEADLINE NEWS - Ski Area Management

Spangler Named GM at Mt. Hood Meadows

SAM Magazine-Mt. Hood, Ore., Jan. 14, 2008-Mt. Hood Meadows has named Tom Spangler, currently Jackson Hole COO, to become general manager at Mt. Hood Meadows. His appointment culminates a six-month selection process, in which more than 50 candidates were considered. Spangler will begin his new position in late February. Spangler has been at Jack...

 HEADLINE NEWS - Ski Area Management

Urban Rails Return to Denver for Second Year

SAM Magazine-Denver, Jan. 11, 2008-Winter Park Resort is teaming with the city of Denver and the Denver Parks and Recreation Department for the second straight year to create the Ruby Hill Rail Yard, a free urban ski and ride terrain park located just outside of downtown Denver in Ruby Hill Park. Ruby Hill features six rails of varying configuratio...

 HEADLINE NEWS - Ski Area Management

Wells Fargo Purchases The Richardson Group

SAM Magazine-Chicago, Jan.11, 2008-Wells Fargo Insurance Services, Inc., has acquired Dover, N.H.-based The Richardson Group. The acquisition closed Dec. 1, 2007; terms of the transaction were not disclosed. The third largest provider of ski resort insurance in the U.S., The Richardson Group specializes in sports, entertainment and health club ...

 HEADLINE NEWS - Ski Area Management

European Update: World's Second New Ski Resort In Two Weeks Opens

SnowHunter--UK, January 9, 2008--Russian President Vladimir Putin officially opened a new ski area at Krasnaya Polyana in Russia on January 2nd, less than two weeks after the new Revelstoke resort opened in British Columbia. The new ski area on Psekhako Ridge, 1,436m up, initially operates with 18 trails totaling 14km long and six lifts including...

 HEADLINE NEWS - Ski Area Management

European Update: Company Des Alpes Increases Sales Despite Decline in Skier Visits

SnowHunter--UK, January 9, 2007-- The Compagnie des Alpes Group (CDA), the world's largest ski lift operator by visitor numbers and the operator of 18 of the leading ski resorts in France and some other countries, has announced consolidated revenue of 505.7million Euros represented a 4.3% increase within comparable consolidated structure. Ski are...

 HEADLINE NEWS - Ski Area Management

European Update: Survey Reveals 11% of Holidaymakers Ski When Drunk

SnowHunter--UK, January 9, 2008-- A new study commissioned by travel insurance company InsureandGo has found that 11% of people have skied whilst drunk. Around 9% of people said they had skied whilst slightly tipsy, two percent whilst, "moderately drunk" and one percent whilst "very drunk." Perry Wilson, managing director of InsureandGo said: "Be...