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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

Outdoor Participation Report Highlights Alarming Trends

SAM Magazine—Denver, Feb. 4, 2020—The Outdoor Foundation, the philanthropic arm of Outdoor Industry Association (OIA), released its annual study of participation in outdoor recreation activities, and the results are sobering. According to the 2019 Outdoor Participation Report, Americans are staying inside more and more while engaging less frequ...

 HEADLINE NEWS - Ski Area Management

SIA Rebrands Consumer Expos

SAM Magazine—Denver, Feb. 4, 2020—After finalizing its acquisition of the Denver and Boston Ski and Snowboard Expos from BEWI Productions, Snowsports Industries America (SIA) has rebranded the events and unveiled the 2020 dates. The newly minted “Snowbound” consumer expos will take place Nov. 6-8, 2020 in Denver, and Nov. 19-22 in Boston, M...

 HEADLINE NEWS - Ski Area Management

Arctaris Acquires Saddleback

SAM Magazine—Rangeley, Maine, Jan. 31, 2020—Boston investment firm Arctaris Impact Fund completed a reported $6.5 million acquisition of Saddleback Mountain ski area from the Berry family on Friday afternoon. The resort has been closed since 2015 when the Berrys couldn’t secure financing to replace the primary chairlift, and have been seeki...

 HEADLINE NEWS - Ski Area Management

Registration for Cutter’s Camp is Open

SAM Magazine—Natick, Mass., Jan. 29, 2020—Registration is open for the 18th annual spring session of Cutter's Camp, May 11-15, 2020, at Timberline, Mt. Hood, Ore. The weeklong program for terrain park professionals features on-hill and classroom workshops, including the return of one-on-one customized operator coaching. Program highlights incl...

 HEADLINE NEWS - Ski Area Management

Outdoor Industry Association Introduces Climate Action Corps

SAM Magazine—Denver, Jan. 29, 2020—The Outdoor Industry Association (OIA) unveiled its new climate and sustainability initiative, the Climate Action Corps, at its annual sustainability meetings in Denver ahead of the Outdoor Retailer + Snow Show. The aim of the Climate Action Corps is to support outdoor brands, retailers, manufacturers, and sup...

 HEADLINE NEWS - Ski Area Management

Bristol Mountain Wins 2019-20 I AM a Snowmaker Contest

SAM Magazine—Natick, Mass., Jan. 28, 2020—The snowmaking crew from Bristol Mountain, N.Y., emerged as the winner in this year’s HKD and SAM “I AM a Snowmaker” contest. More than 10,000 votes were cast for the seven resort snowmaking crews in a close contest, with Bristol coming out on top by only a few hundred votes. The 13-day voting per...

 HEADLINE NEWS - Ski Area Management

The Industry Says Goodbye to Ski Pioneer John Fry

The mountain resort industry sadly lost one of its true pioneers with the sudden, but peaceful, death of John Fry on Jan. 24, 2020, two days after celebrating his 90th birthday with his wife Marlies in Puerto Rico.  Fry devoted much of his life to ski journalism, serving on the staffs of SKI LIFE, SKI, Snow Country, Skiing Heritage (now Skiin...

 HEADLINE NEWS - Ski Area Management

SUMMER OPS CAMP 2020 HEADS TO JACKSON HOLE

SAM Magazine—Jackson, Wyo., Jan. 24, 2020—The 12th annual SAM Summer Ops Camp is headed to the Wild West. Jackson Hole Mountain Resort, Wyo., and the Tetons will serve as home base for Camp Sept. 8-10, 2020, and help bring the fast-changing state of summer operations into sharp focus. This fully immersive, hands-on educational event gathers re...

 HEADLINE NEWS - Ski Area Management

BUSINESS REPORT: VISITORS SWARM RESORTS OVER MLK WEEKEND

SAM Magazine—Burlington, Vt., Jan. 24, 2020—Fresh snow combined with the Martin Luther King Jr. Day long weekend made for a perfect storm at North American ski resorts, which saw a huge uptick in volume as skiers and snowboarders flocked to the mountains. Happy skiers at Gunstock over MLK weekend East In the Northeast, January’s dry st...

 HEADLINE NEWS - Ski Area Management

Snow People—January 2020

Snow People is our monthly roundup of happenings to the people of and around the mountain resort industry. Send any personnel news to: news@saminfo.com.Longtime lift mechanic and operations manager Jeff Harvey Sr., right, stands with his son, Jeff Jr., at Ski Butternut. Jeff Harvey, Sr., and Jeff Harvey, Jr., Ski Butternut, Mass.Jeff Harvey Sr., o...

 HEADLINE NEWS - Ski Area Management

Sleeping Giant to Suspend Operations Starting in 2020-21

SAM Magazine—Cody, Wyo., Jan. 22, 2020—The board of directors for Yellowstone Recreations Foundation, the not-for-profit that owns and operates Sleeping Giant Recreation Area, said it plans to suspend winter operations after this season due to an annual financial deficit of more than $200,000. “Sleeping Giant will continue operating through ...

 HEADLINE NEWS - Ski Area Management

Bidders Emerge for Hermitage Club Assets

SAM Magazine—Wilmington, VT., Jan. 22, 2020—The former Hermitage Club, a private ski area and golf club in southern Vermont that’s been shut down since 2018 due to foreclosure, has received two separate offers totaling roughly $7.5 million for its assets, possibly beginning an auction process that could happen as soon as late-February. Bankr...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Sees Early-Season Visits Drop

SAM Magazine—Broomfield, Colo., Jan. 22, 2020—For the early portion of the winter season through Jan. 5, Vail Resorts (VR) has reported a 7.8 percent decline in skier visits across its portfolio of resorts compared to the prior winter, when early-season visits were very strong. Lift ticket revenues, including an allocated portion of season pass...

 HEADLINE NEWS - Ski Area Management

2020 SAMMY Award Nomination Period Opens

SAM Magazine—Natick, Mass., Jan. 21, 2020—The nomination period for the 2020 SAMMY Leadership Awards is now open. SAM invites members of the winter sports industry to nominate leaders who they believe deserve recognition. Nominations close March 13, 2020. The SAMMY Leadership Awards honor individuals who, at mid-career, demonstrate the innovati...

 HEADLINE NEWS - Ski Area Management

Gunstock Hires Tom Day as New GM

SAM Magazine—Gilford, N.H., Jan. 20, 2020—The Gunstock Area Commission (GAC) has hired former Waterville Valley general manager Tom Day as the new president and general manager of Gunstock Mountain Resort, effective Jan. 15. He succeeds longtime GM Greg Goddard, who will end his successful tenure at the resort Jan. 21.  Day was hired afte...