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...
SAM Magazine—Boulder, Colo., Jan 17, 2020—Head USA has made a substantial donation to the Share Winter Foundation as part of the Snowsports Industries America (SIA) Generation Snow industry-match initiative. The program challenges winter industry companies to match or even exceed SIA’s previous $40,000 Share Winter donation. The Share Winter...
SAM Magazine—Lincoln, N.H., Jan. 17, 2020—Loon Mountain Resort will install a new Doppelmayr eight-passenger, high-speed bubble chairlift for the 2020-21 winter season—the first of its kind in the eastern U.S., and the second in North America after Big Sky debuted its Ramcharger 8 last season. Both properties are owned by Boyne Resorts. ...
SAM Magazine—Olympic Valley, Calif., Jan. 17, 2020—A variety of important topics and current issues were presented, pondered, and discussed at the 2020 National Ski Areas Association (NSAA) Western Winter Conference and Trade Show, held at Squaw Valley, Calif., Jan. 14 and 15. A crowd of 687 ski area operators, suppliers, and speakers were full...
SAM Magazine—Warren, Vt., Jan. 16, 2020— Alterra Mountain Company closed on its acquisition of Sugarbush Resort, Vt., on Jan. 14. The company now owns 15 year-round mountain destinations throughout North America. “With the acquisition of Sugarbush Resort, we are excited to expand our presence within the Northeast skier market,” said Alterr...
SAM Magazine—Denver, Colo., Jan. 16, 2020—Generous snowfall and good slope conditions throughout most Western resorts, along with less than ideal conditions in other regions, buoyed lodging rates even as occupancy figures continue to slip. The monthly Market Briefing from Inntopia’s DestiMetrics noted that rates are rising despite some consum...
SAM Magazine—Kellogg, Idaho, Jan. 16, 2020—The in-bounds avalanche that killed three skiers at Silver Mountain, Idaho, Jan. 7 was triggered by skiers and riders, despite ski patrol’s mitigation efforts prior to opening that area of the mountain, according to a preliminary report by Idaho Panhandle Avalanche Center (IPAC) director Jeff Thompso...
SAM Magazine—Enumclaw, Wash., Jan. 14, 2020—In response to traffic, crowding, and parking issues, Crystal Mountain, Wash., will no longer sell walk-up full-day tickets on weekends and holidays. Instead, it will offer a limited number of tickets for online advance purchase. The resort will still honor Ikon passes and any other advance purchase p...
SAM Magazine—Natick, Mass., Jan. 9, 2020—The online voting for the HKD and SAM “I AM a Snowmaker” contest is now open, and continues through midnight (EST) on Tuesday, Jan. 21. Started in the winter of 2013-14, the annual I AM contest highlights the hard work, determination, and camaraderie of snowmakers, and recognizes how critical they ar...
By LINDA GOODSPEED SAM Magazine—Rutland, Vt., Jan. 7, 2020—Santa brought a mixed bag to North American ski resorts this holiday season, according to a spot survey conducted by SAM. The period included two Wednesday holidays, which stretched out the usual week-long Christmas/New Year’s holiday period into two solid weeks of business. The exce...
SAM Magazine—New South Wales, Australia, Jan. 7, 2020—Most of Australia’s ski resorts are threatened by the unprecedented bushfires that continue to ravage much of the country’s natural splendor. One historic ski hill—Selwyn Snow Resort located in the Snowy Mountain region of New South Wales—was directly in the path of the flames, with ...
SAM Magazine—North Vancouver, B.C., Jan. 3, 2020—Northland Properties Corporation has entered an agreement to acquire Grouse Mountain Resort from CM Asset Management. CM has only owned Grouse Mountain since summer of 2017, when it purchased the resort from the McLaughlin family, who owned it for 40 years. Northland is the largest privately-hel...
SAM Magazine—Greenwood, Maine, Dec. 31, 2019—Mt. Abram in Greenwood, Maine, has joined the Indy Pass for the 2019-20 season. The resort is the first Indy Pass member in the state, and will offer two unrestricted free days of access. This raises the number of participating Indy Pass areas to 47. The pass price rises from $219 to $239 on Jan. 1.&...
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. SAMMIE LUKASKIEWICZ, CRYSTAL MOUNTAIN, MICH. Longtime communications professional Sammie Lukaskiewicz has joined Crystal Mountain as public relations director. Since 2017, Lukaskiewicz had been w...
SAM Magazine—Denver, Dec. 18, 2019—If lodging trends are any indication, the winter destination market is peaking as travelers balk at high prices. At 18 western mountain destinations spread over six states, a decline in occupancy and softening of daily rates are continuing a trend that has emerged over the past year. The most recent analysis r...
SAM Magazine—Virgil, N.Y., Dec. 17, 2019—John and Christine Meier have become the sole owners of Greek Peak Mountain Resort and Toggenburg Mountain in central New York. They acquired business partner Marc Stemerman’s 50 percent interest in the operations this November. The terms of the buyout have not been disclosed.John and Christine Meier ...