News Search

SAM Headline News

HEADLINE NEWS

FEATURED STORY

  • 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...

    Read More

Get SAM Headline News delivered to your inbox. It's not just another email—it's industry news and special reports that matter to you, coming from the industry's trusted resource. 

GetNewsButton

 

 HEADLINE NEWS - Ski Area Management

COVID Surge in Europe Complicates Resort Openings

SAM Magazine—Cervinia, Italy, Oct. 29, 2020—With COVID-19 cases rising quickly in Europe, winter resorts across the continent are facing new capacity restrictions and delayed openings. The new rules arrived just as early snow had allowed glacier resorts to spin lifts and with many other areas poised to begin operations. Cervinia Resort lif...

 HEADLINE NEWS - Ski Area Management

Weekly Virus Reports Show COVID-19 Wave Building

The weekly coronavirus infection rate trends compiled by the Insights Collective shows a steady and worrisome rise in COVID-19 cases in many major wintersport markets. That increases the chances that states and counties will impose tighter restrictions on indoor capacity and group sizes. Already this fall, Italy has shut down its glacier areas due ...

 HEADLINE NEWS - Ski Area Management

Wild Mountain, Mt. Norquay First North American Resorts to Open

SAM Magazine—Taylors Falls, Minn., Oct. 26, 2020—Early snowfall and consistent snowmaking conditions allowed two North American resorts, Wild Mountain, Minn., and Mt. Norquay, Alberta, to open for the season.Wild Mountain, Minn. Photo: Wild Mountain Facebook page, Oct. 21. Wild Mountain opened Oct. 19, operating 1-7 p.m. midweek, 11 a.m.–7 p...

 HEADLINE NEWS - Ski Area Management

States, Ski Associations Release Opening Guidelines

SAM Magazine—Albany, N.Y., Oct. 23, 2020—As the winter season approaches, ski-country states and state ski associations are unveiling guidance and requirements for ski areas to open as safely as possible amid the ongoing pandemic.  Many plans include the National Ski Areas Association’s “Ski Well, Be Well” guidance. In most cases, i...

 HEADLINE NEWS - Ski Area Management

Sunlight, Guests to Support Local Forest Restoration

SAM Magazine—Glenwood Springs, Colo., Oct. 23, 2020—Sunlight Mountain Resort is supporting fundraising efforts to restore portions of the White River National Forest that were burned by the Grizzly Peak fire in nearby Glenwood Canyon this year.  Sunlight skiers and riders can add voluntary $5 contributions to their online season pass or l...

 HEADLINE NEWS - Ski Area Management

Insights on COVID-19's Short- and Long-Term Impacts

This week's briefing from the Insights Collective addresses both short- and long-term issues confronting resort businesses during the pandemic. In the short term: As coronavirus cases and test positivity rates rise across the U.S., states and organizations are ramping up efforts to bend the curve (again). At the same time, those efforts continue t...

 HEADLINE NEWS - Ski Area Management

Key Eastern Ski Regions Get Government Greenlights

SAM Magazine—Albany, N.Y., Oct. 19, 2020—The governments of New York state and the Quebec province have given ski areas in their respective regions the greenlight to open this winter. In both regions, reopening is contingent on compliance with stringent public health recommendations. Tremblant, Quebec New York Beginning Nov. 6, New York ...

 HEADLINE NEWS - Ski Area Management

Jay Peak Joins Indy Pass

SAM Magazine—Portland, Ore., Oct. 19, 2020—The Indy Pass has added Jay Peak in Vermont to its alliance of independent ski areas, bringing alliance membership to a total of 57 resorts. Jay Peak will offer two days of skiing and riding to Indy Pass holders, with no blackout dates for the 2020-21 season.  “We’re happy to be joining this ...

 HEADLINE NEWS - Ski Area Management

Insights on COVID Impacts and Creative Solutions

The latest weekly briefing from the Insights Collective notes that lodging properties are responding to COVID-19 by offering extended-stay options, citing recent examples from Jay Peak, Vt., and the Red Lion chain. It further notes that during the pandemic, some customers have more money to spend on travel than in the past—because they have reduc...

 HEADLINE NEWS - Ski Area Management

Western Destinations Post First Revenue Gains Since February

SAM Magazine—Winter Park, Colo., Oct. 15, 2020—With only one month remaining in what has been a bleak summer for lodging at western mountain resorts, bookings and rates in the past few weeks have showed an appreciable uptick, helping to record early on-the-books revenue gains for the months of October and November—the first revenue gains sinc...

 HEADLINE NEWS - Ski Area Management

Resorts Remain Fluid in Latest Operating Plans

SAM Magazine—Ludlow, Vt., October 14, 2020—As new consumer-facing plans roll out, resorts remind guests to prepare for continued operational changes and challenges this winter. While reservation systems, capacity caps, and facility access will vary, guests can expect some consistency in protocols across the country and even internatio...

 HEADLINE NEWS - Ski Area Management

SAM and SNOW Operating Partner for Capacity Management Video Series

SAM Magazine—East Rutherford, N.J., Oct. 14, 2020—To help resorts plan for the upcoming winter, SAM and SNOW Operating have partnered to produce the Capacity Management Video Series. The four-part video series will share insights on how resorts can manage capacity while providing a safe guest experience in a COVID-19 world.  Using real da...

 HEADLINE NEWS - Ski Area Management

Mountain News Assets Acquired by Investment Group

SAM Magazine—San Francisco, Calif., Oct. 14, 2020—A substantial portion of the assets of Mountain News Corporation have been acquired from Vail Resorts by an investment group led by MNC veteran Chad Dyer and Jon Brelig. The 52-year-old international company provides snow reports, news, and information of interest to skiers and snowboarders thro...

 HEADLINE NEWS - Ski Area Management

Snow King Plans New Lifts for 2021-22

SAM Magazine—Jackson, Wyo., October 14, 2020—Snow King Mountain Resort secured preliminary US Forest Service (USFS) approval for major capital improvements slated to begin summer of 2021. Big ticket items include two new lifts: an eight-passenger Leitner-Poma gondola, and a Skytrac chair that will serve new terrain.  Snow King has been en...

 HEADLINE NEWS - Ski Area Management

Insights on COVID-19 for the Coming Winter

Will worldwide COVID-19 cases double by the end of the year? They could, and there’s no guarantee a vaccine will be available in time to quickly stem the spread of coronavirus. Other items of note in the latest weekly briefing from the Insights Collective: The state of Nevada’s very detailed conference guidelines shed light on how a total reope...