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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

Crested Butte to Restructure Top Management

SAM Magazine-Mt. Crested Butte, Colo., June 2, 2008-Crested Butte Mountain Resort (CBMR) is making several changes in key management positions as part of a restructuring of the company, including the departure of vice president and general manager Randy Barrett. "Randy will step down as general manager as we look to make changes in our managemen...

 HEADLINE NEWS - Ski Area Management

Mammoth Axes 15 Management Positions

SAM Magazine-Mammoth Lakes, Calif., May 27, 2008-Mammoth Mountain has eliminated 15 primarily middle-management positions, cutting the year-round workforce by five percent. The job cuts are expected to save the company approximately $1 million in benefits and salaries, and were, according to resort officials, a response to the weakening economy. Th...

 HEADLINE NEWS - Ski Area Management

Dubai's Indoor Ski Center Tallies Two-Millionth Visitor

SAM Magazine-Dubai, UAE, May 27, 2008-Ski Dubai, the indoor skiing center in the most unlikely of locations, has hosted its two-millionth visitor, reaching the mark after just two and a half years of operation. "It was very exciting for us to welcome our two millionth customer here," said Mike Mahoney, GM at Ski Dubai. "The figure proves that we...

 HEADLINE NEWS - Ski Area Management

Inaugural Year A Success For Revelstoke

SAM Magazine-Revelstoke, B.C., May 27, 2008-The first season was a good one for Canada's newest resort. Revelstoke Mountain ceased winter operations on April 27, chalking up 44 percent more skier visits than expected. Selkirk Tangiers Helicopter Skiing, owned by the resort, also posted strong numbers, with skier visits up 20 percent. Revelstoke...

 HEADLINE NEWS - Ski Area Management

Minturn Voters Favor Private Ski Resort

SAM Magazine-Minturn, Colo., May 27, 2008-Residents of this small mountain town between Vail and Beaver Creek voted 87 percent in favor of development of a private ski and golf resort outside of the community. The ski resort and golf community, a project spearheaded by the Ginn Company, will feature approximately 1,700 homes and condos, an 18-hole ...

 HEADLINE NEWS - Ski Area Management

Mammoth Extends Season Till June 1

SAM Magazine-Mammoth Lakes, Calif., May 26, 2008-Skiers and snowboarders have one more week to enjoy spring conditions at Mammoth Mountain. Cool temperatures and a foot of fresh snow over the Memorial Day holiday spurred the resort to stay open anothr week, through June 1. "I know this is very last minute, but so was the snow," said Mammoth M...

 HEADLINE NEWS - Ski Area Management

Mt. Bachelor Shakes Up Management

SAM Magazine-Bend, Ore., May 22, 2008-GM Matt Janney and three other executives at Mt. Bachelor have lost their jobs after a disappointing season punctuated by persistent operational problems and customer dissatisfaction with a 30 percent increase in season pass prices over the past two seasons. The changes come less than a year after Janney, a...

 HEADLINE NEWS - Ski Area Management

Extended Openings, Reopenings Wrap Up the Season

SAM Magazine-Denver, May 19, 2008-With snow still falling in the Rocky Mountains and the bean counters working overtime at many resorts after record seasons in both snowfall and skier days, a few areas are keeping the good times alive by reopening or extending their seasons. New York State's Windham Mountain is reopening on Saturday, May 24 to h...

 HEADLINE NEWS - Ski Area Management

Sixpack Highlights Australian Investments for 2008

SAM Magazine-Mt. Buller, Australia, May 19, 2008-Australia's first sixpack highlights more than $25 million (AUD) worth of investment across the country as the 2008 ski season is primed for kickoff. The lift, at Mt. Buller, is the first of its kind for the nation. Other investments include a whopping AUD $16.25 million in snowmaking improvements at...

 HEADLINE NEWS - Ski Area Management

SAM Names This Year's SAMMY Winners

SAM Magazine--Woodbury, Conn., May 16, 2007--SAM Magazine has announced the recipients of the 2008 SAMMY Leadership Awards and the third annual SAM Diversity Award. They are: 1) David Amirault, Interactive Services Manager at Freeskier magazine. Dave, also known as Digi Dave, is a web genius who has been pioneer online for resorts and now freesk...

 HEADLINE NEWS - Ski Area Management

CSCUSA Prez Sets Sail for Steamboat

SAM Magazine - Denver, Co., May 15, 2008 - Colorado Ski Country USA President and CEO Rob Perlman has announced that he will be departing the industry marketing group to take a position at Steamboat Ski Resort. Perlman, who headed up the statewide marketing organization for six years. At Steamboat Perlman will assume the position of vice presid...

 HEADLINE NEWS - Ski Area Management

More Eastern Attendance Records Posted

SAM Magazine-Portland, Me., May 15, 2008-The state of Maine, along with New Hampshire areas Loon Mountain and Bretton Woods, has joined the chorus of Eastern areas announcing record visits last winter. Maine's ski and snowboard industry tallied 1.42 million visits during the 2007-08 winter season. That beats the previous record of 1.36 million ...

 HEADLINE NEWS - Ski Area Management

Loveland Eyes Cat Skiing

SAM Magazine-Georgetown, Colo., May 15, 2008-Loveland ski resort is taking a look at the Dry Gulch area northeast of the ski area's lift-accessed terrain for a snow cat skiing operation. The Dry Gulch sector is part of the resort's permitted area, and a 1997 USFS master plan for the ski area identifies the area as suitable for guided skiing operati...

 HEADLINE NEWS - Ski Area Management

Cardrona Valley To Add Access Gondola

SAM Magazine-Lake Wanaka, New Zealand, May 15, 2008-Cardrona Valley has received approval to build New Zealand's first access gondola. The $16.6 million gondola project will transport visitors from the Cardrona Valley floor to the ski facilities on the Pisa Range-Snow Park NZ, Waiorau Snow Farm and a third planned ski area, Roaring Meg Resort. The ...

 HEADLINE NEWS - Ski Area Management

Last Men Standing: Resorts Still Open in North America

SAM Magazine-Denver, Colo., May 9, 2008-With Maine's Sugarloaf and Colorado's Loveland ceasing operations last weekend, several resorts remain open: Arapahoe Basin, Snowbird, Mammoth, Squaw Valley, Mt. Hood Meadows, Mt. Bachelor, and Brundage (and of course, Timberline, which operates year-round except for a few weeks in September for maintenance a...