SAM Magazine--Lakewood, Colo., July 15, 2004--The ski industry has made substantial progress in its efforts to reduce environmental impacts, according to the Sustainable Slopes Annual Report prepared by the National Ski Areas Association (NSAA). The report is based on information from 62 resorts representing 19 states and three Canadian provinces. ...

SAM Magazine--Copper Mountain, Colo., July 13, 2004--Summit County Commissioners have denied Intrawest's long-term development plan for doubling the size of Copper Mountain after a three-year planning process. Intrawest was seeking land-use approval for 1,155 additional residential units at Copper, beyond the 500 remaining units in its current p...

SAM Magazine--Park City, Utah, July 13, 2004--In a move that entrenches discounted season's passes in the Northeast, American Skiing Co. (ASC) is introducing an All for One Pass valid at the company's six Eastern resorts, at prices ranging from $349 to $599. The passes are based on a similar offer introduced last winter at Attitash Bear Peak and Su...

SAM Magazine--Mont Tremblant, Que., July 13, 2004--Gray Rocks Inn and ski area will close its doors on Oct. 10, marking the first time in a nearly a century that the Gray Rocks Inn will close for the winter and shuttering one of the pioneering ski areas of the region. Owner Phillip Robinson blamed the extreme cold and the general tourism slump f...

SAM Magazine--Ludlow, Vt., July 13, 2004--American Skiing Company (ASC) will pay $5.1 million to settle its lawsuit with Triple Peaks, LLC, stemming from ASC's last-minute termination of the proposed sale of the Steamboat Ski Resort to Triple Peaks in 2001. In return, Triple Peaks has agreed to a full dismissal of all claims relating to the sale. ...

SAM Magazine--Vail, Colo., July 9, 2004--Vail Resorts has been actively seeking a buyer for some or all of its assets, according to reports in the Denver Post and the Vail Daily, based on several unofficial sources in Vail valley. Speculation about a possible sale has also been fueled by a recent runup in the price of Vail stock (currently about $1...

SAM Magazine--Vancouver, B.C., July 7, 2004--Intrawest has acquired an equity interest in the Abercrombie & Kent Group (A&K), a leading luxury adventure-travel company. The companies will offer a range of high-end travel, leisure and vacation experiences at destinations around the globe. Terms of the transaction were not disclosed. Abercrombie &...

SAM Magazine--Wrightwood, Calif., July 6, 2004--Mountain High Resort is purchasing neighboring Ski Sunrise for about $375,000. The sale of the 97-acre area, located about one mile from Mountain High's existing East and West areas, is set for mid-July. Mountain High GM Karl Kapuscinski told SAM that, in the short term, Sunrise will be used as a t...

SAM Magazine--June 28, Tully, N.Y.--Ski Areas of New York announced that New York State ski areas received 4,034,325 skier/snowboard visits for the 2003/04 season, making it the third best season on record. The 50 ski and snowboard resorts that call New York home had a record season last year with 4,256,507 visits and attribute the drop off this ye...

SAM Magazine--Juneau, Alaska, June 15, 2004--In addition to the $300,000 the City and Borough of Juneau gives to Eaglecrest Ski Area each year, the resort was granted another $100,000 in order to offset a projected shortfall of $652,000 next year. Eaglecrest is a municipally-owned area that relies on local users to cover 70 percent of operating exp...

SAM Magazine--Donnelly, Idaho, June 15, 2004--Tamarack resort had its second straight sell-out when it unloaded 64 real estate products, raising approximately $33.4 million for scheduled development. Homebuyers from Idaho (58 percent), California (28 percent), Oregon (4.6 percent) and Georgia (3.1 percent) bought 10 cottages, 18 resort-built chalet...

SAM Magazine--Vail, Colo., June 14, 2004--Vail released its financial results for the third quarter ended April 30, 2004, and the news was all good. In fact, it was their best third quarter ever thanks mainly to a jump in the company's mountain segment, a 10.2 percent growth in average realized price for the ski season and record visits for Beaver ...

SAM Magazine--Hood River, Ore., June 14, 2004--The Pacific Northwest Ski Areas Association (PNSAA) announced that the region is on track for its third best season ever with 4.71 million visits forecast. Washington state recorded 1.86 million and Oregon is projecting 1.63 million once the summer season ends. PNSAA encompasses resorts in Washingto...

SAM Magazine--June 11, 2004, North Conway, N.H.-- Tom Day, acting GM at Booth Creek-owned Cranmore Mountain Resort announced today that Ben Wilcox will become the new GM of the resort starting June 18, 2004. For the past 11 years, Wilcox was the marketing director at Bretton Woods Resort and the Mount Washington Hotel....

SAM Magazine--Park City, Utah, May 14, 2004--American Skiing Company (ASC) has restructured its real estate debt, cutting $80.4 million from its balance sheet. The restructuring creates a new partnership between ASC's Killington Resort and SP Land, a newly formed affiliate of Eiger, Inc., one of the lenders under ASC's Real Estate Term Facility,...