Login to your account
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...
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.
SAM Magazine—Jackson Hole, Wyo., Feb. 3, 2025—Mary Kate Buckley will retire as CEO of Jackson Hole Mountain Resort on May 31, 2025, after seven years leading the resort. Resort COO Doug Pierini will succeed Buckley on June 1, 2025. Doug Pierini and Mary Kate Buckley “It has been an incredible honor to work with Mary Kate, from her time on ...
SAM Magazine—Bartlett, N.H., Feb. 3, 2025—On Feb. 2, a carrier with one rider aboard detached from the Flying Bear lift at Attitash Mountain. The carrier fell approximately 20 feet. Credit to David Gunzburger Eyewitnesses report that the male passenger was conscious and walking after the fall. He has since been released from the hospital. Th...
SAM Magazine—Natick, Mass., Jan. 30, 2025—Registration is now open for SAM’s Cutter's Camp, May 5-9, 2025, at Timberline, Mt. Hood, Ore. The five-day program for terrain park professionals features on-hill and classroom workshops, one-on-one customized operator coaching, and demos of the latest machines and technology platforms for park groom...
SAM Magazine—Charlotte, N.C., Jan. 27, 2025—Late Apex Partners, LLC, an investment firm whose largest holding is Vail Resorts, is calling for transformational change at the winter resort company. In a letter to the Vail Resorts board of directors, Late Apex said that "over the past five years, Vail’s performance has been unacceptable. We bel...
SAM Magazine—Homewood, Calif. Jan. 27, 2025—The saga of Homewood Resort took another turn last week when the Tahoe Regional Planning Agency (TRPA) governing board approved Homewood's revised master plan.Photo credit: Homewood Mountain Resort The plan will allow for major improvements, including a new gondola, replacement lift, mid-mountain lodg...
SAM Magazine—Crested Butte, Colo., Jan. 27, 2025—Lift maintenance workers at Vail Resorts-owned Crested Butte voted for a strike authorization following negotiations in which Vail Resorts has refused to increase their pay, according to the union. Negotiations have dragged on for more than a year.Photo credit: Crested Butte. The 12 lift mainte...
SAM Magazine—Jan. 22, 2025, Ludlow, Vt.—As usual, snow, both manmade and natural, played a major role in shaping business over the three-day MLK holiday weekend. So did operational disruptions. Busy new mid-mountain lodge at Tamarack, Idaho. While a cold snap blanketed nearly the entire country at some point throughout the holiday, the effec...
SAM Magazine—Istanbul, Turkey, Jan. 21, 2025—A predawn fire at a hotel in the Kartalkaya Ski Resort in Turkey killed at least 66, with another 51 injured, Turkey's Interior Minister Ali Yerlikaya said Tuesday. The resort is located in Northwestern Turkey's Koroglu mountains, about 185 miles east of Istanbul. The fire ignited at 3:30 a.m. News...
SAM Magazine—Barcelona, Spain, Jan. 20, 2025—A chairlift failure injured more than a dozen people Saturday morning at Astún resort in the Spanish Pyrenees. The bullwheel on a 1985 fixed-grip quad detached, causing the lift to derope on numerous towers, according to liftblog.com’s Peter Landsman.Credit to Meteosojuela La Rioja “Without a b...
SAM Magazine—Olympic Valley, Calif., Jan. 20, 2025—Attendance was up at NSAA’s Western Winter Conference, with more than 670 ski industry folks gathering at Palisades Tahoe, Jan. 14-16, for the education and networking event. Total attendance surpassed numbers for 2024 and 2023. NSAA’s new CEO Mike Reitzell welcomed everyone at a hosted br...
SAM Magazine—Arapahoe Basin, Colo., Jan. 20, 2025—Members of the Arapahoe Basin ski patrol voted 30-22 in favor of unionizing. If the results are certified by the National Labor Relations Board, the Arapahoe Basin Ski Patrol Union (ABSP) will join the Communication Workers of America (CWA) 7781 United Mountain Workers, which will represent ABSP...
SAM Magazine—Broomfield, Colo., Jan. 17, 2025—Vail Resorts reported that season-to-date total skier visits for North America were down 0.3 percent while lift ticket revenue rose 4.5 percent from the beginning of the ski season through Jan. 5, 2025, compared to the prior year period through Jan. 7, 2024. Revenues from ancillary businesses we...
SAM Magazine—Winter Park, Colo., Jan. 16, 2025—December daily rates nudged up a bit, occupancy edged down a bit, and lodging results among the participating properties in 17 regions across seven Western states looked a lot like last year at this time, according to the most recent monthly report from DestiMetrics, part of Inntopia’s business ...
SAM Magazine—Natick, Mass., Jan. 15, 2025—Online voting for the videos produced by five chosen resorts competing in the 2025 “I AM a Snowmaker” contest, sponsored by HKD Snowmakers, is now open. Voting ends Wednesday, Jan. 29, at 11:59 p.m. EST. Since it debuted in winter 2013-14, the annual I AM contest has served as an important recogn...
SAM Magazine—Park City, Utah, Jan. 9, 2025—Members of the Park City Professional Ski Patrol Association (PCPSPA) have voted to ratify the contract negotiated by the United Mountain Workers union with Vail Resorts on Tuesday. The agreement, reached after 10-months of negotiations for increased wages, ended a nearly two-week strike. “The roa...
