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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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This rustic, soulful resort is an anomaly, but the well-capitalized, strategic rebirth of Robert Redford’s legacy is chock full of lessons for all resort operators. By Andy Bigford (This is the second stop on Andy Bigford's Revival Road Trip, where he is offering monthly reports from the road as he works on the third installment in the Ski I...
SAM Magazine—Slinger Wis., Feb. 16, 2026—Little Switzerland Ski Area will install two new Skytrac quad chairlifts this summer to replace the ski area’s Lift 1 and Lift 2, a unique “up and over” double chairlift that loads from both the base area and backside of the ski area and transports guests uphill in opposite directions to unload at ...
SAM Magazine—Winter Park, Colo., Feb. 16, 2026—While severely dry conditions and warm temperatures took a serious toll on mountain lodging properties in Colorado and Utah, the better snowfall in the “rest of the West”—California, Nevada, Idaho, Wyoming, and Montana—kept results on the upswing, according to DestiMetrics-participating pro...
SAM Magazine—Mesa, Colo., Feb. 11, 2026—Rendering of the new Wild West Express lift.As it approaches its 60th anniversary season, Powderhorn Mountain Resort is introducing a limited three-year season pass, positioning it as both a loyalty offering and commitment to affordability amid a major capital upgrade and plans for future improvements. ...
SAM Magazine—Jeffersonville, Vt., Feb. 11, 2026—Bear Den Partners has acquired a majority ownership interest in Smugglers’ Notch Resort from Bill Stritzler, who has owned Smuggs for 29 years and whose family will retain an ownership stake in the resort. Stritzler’s daughter and Smuggs CEO Lisa Howe will serve as an advisor on the future o...
SAM Magazine—Killington, Vt., Feb. 9, 2026—Colleagues took time to connect sharing stories and highlights from the season. A banner winter across much of the East, marked by consistent cold temperatures for snowmaking, steady natural snowfall, and record holiday attendance at many ski areas, set an upbeat tone for the National Ski Areas Associa...
SAM Magazine—Happy Valley, Ore., Feb. 6, 2026—Mt. Ashland Ski AreaThe historic snow drought gripping the Pacific Northwest claimed more operational days this week as four of Oregon’s ski areas announced indefinite suspensions or significant reductions in operations, leaving lift chairs empty and slopes bare across the lower Cascades and Siski...
SAM Magazine—Killington, Vt., Feb. 3, 2026—Nearly 7,500 total votes were cast for the six competing snowmaking teams during the 13-day voting period of the 2026 I AM a Snowmaker contest, with Seven Springs, Pa., receiving the most votes to take home the title. Contest sponsor HKD Snowmakers president Charles Santry honored Seven Springs at the ...
SAM Magazine—Tooele, Utah, Jan. 26, 2026—Prinoth named Andrew Nicolas as CEO of its U.S. snow grooming division in December. In his new role, Nicolas oversees snow grooming services and product distribution for the U.S. market. “With Andrew’s leadership, Prinoth continues to reinforce its position at the forefront of snow grooming techno...
SAM Magazine—Blakeslee, Pa., Jan. 23, 2026—Vail Resorts has hired Tony Torsell as general manager of Jack Frost Big Boulder, effective Feb. 15. Torsell, who grew up not far from the neighboring ski areas, succeeds previous GM Tony Santora, who is now the vice president of mountain operations at VR-owned Beaver Creek, Colo. “Coming back hom...
SAM Magazine—Petite-Rivière-Saint-François, Jan. 23, 2026—Unionized workers returned to work today and Le Massif de Charlevoix will reopen for winter operations tomorrow, Saturday, Jan. 24, after the resort and the union reached a tentative collective agreement, concluding a three-week strike. Earlier this week, Le Massif ownership ended the ...
SAM Magazine—Happy Valley, Ore., Jan. 21, 2026—MassanuttenThe 2026 Martin Luther King Jr. holiday weekend presented a stark geographical divide across North American ski areas. Based on a cross-continent survey of operators and regional associations, the weekend was defined by record-breaking snowfall and “all-time” attendance in the East, ...
SAM Magazine—Beaupré, Quebec, Jan. 21, 2026—Mont-Sainte-Anne and operator Resorts of the Canadian Rockies (RCR) have reached an agreement with the Quebec government to fund substantial capital improvements at the resort, including the replacement of four lifts with three new ones, new snowmaking infrastructure, and installation of warm-season ...
SAM Magazine—Boyne Falls, Mich., Jan. 21, 2026—Boyne Resorts has launched the Boyne Forever Foundation, an independent 501(c)(3) public charity that will coordinate philanthropic giving and grantmaking across the company’s 13 North American properties. The foundation will focus on three areas: environmental stewardship, community investment,...
SAM Magazine—Petite-Rivière-Saint-François, Quebec, Jan. 20, 2026—Le Massif de Charlevoix has closed for a second time amid an ongoing, indefinite strike by roughly 300 of its unionized employees. The resort closed from Jan. 2–6 when the strike began and had reopened with limited operations starting Jan. 7. Le Massif’s decision to shut do...
