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

Snow, Rates Drive Bookings at Western Resorts

SAM Magazine—Winter Park, Colo., Dec. 21, 2018—A strong wave of mid-November snowfall from the Sierras to the Rockies gave winter bookings a boost at western mountain resorts. According to the DestiMetrics monthly Market Briefing, bookings made during the month of November for arrivals from November through April rose 12.8 percent compared to t...

 HEADLINE NEWS - Ski Area Management

Peak Resorts Undergoes Resort Leadership Restructuring

SAM Magazine—Wildwood, Mo., December 21, 2018—Peak Resorts has created several new key roles and appointed new personnel at the corporate and managerial levels to better facilitate operations at its growing portfolio of resorts in the eastern United States.Eric Flynn Jason Boyd has been appointed senior vice president of operations, mid-Atlant...

 HEADLINE NEWS - Ski Area Management

Snow People – December 2018

In SAM’s monthly Snow People, we highlight recent personnel moves that have been made in the mountain resort industry. This report was written by Katie Brinton. MICHAEL HUSSEY, MIDDLEBURY SNOW BOWL, VTMike Hussey has been named director of the Middlebury Snow Bowl and Rikert Nordic Center. He has served as the director of the Nord...

 HEADLINE NEWS - Ski Area Management

Katz Amsterdam Foundation Grants $2 Million to Emotional Wellness

SAM Magazine—Broomfield, Colo., Dec. 13, 2018—Vail Resorts CEO Rob Katz and his wife, Elana Amsterdam, have awarded 30 grants totaling more than $2 million to support emotional wellness programs in nearly every mountain resort community in which Vail Resorts operates. The grants were issued by the Katz Amsterdam Charitable Trust, which the coup...

 HEADLINE NEWS - Ski Area Management

Bruce Transue Now Belleayre General Manager

SAM Magazine—Highmount, N.Y., Dec. 13, 2018—This fall, Bruce Transue was named general manager of state-owned Belleayre Mountain Ski Center in New York. The move followed a 36-year run at Hunter Mountain, where Transue served most recently as operations director. While at Hunter, Transue facilitated several significant capital projects, includ...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Epic Pass Sales Rise 21 Percent

SAM Magazine—Broomfield, Colo., Dec. 7, 2018—Vail Resorts reported a jump of 21 percent in Epic Pass sales through Dec. 2, with revenues rising 13 percent, compared the year-earlier period, according to its latest quarterly report issued today. Total sales are expected to exceed 925,000 units, a significant number considering the competition cr...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Unveils $180 Million Improvement Plan for 2019-20 Season

SAM Magazine—Broomfield, Colo., Dec. 7, 2018—In its most recent quarterly earnings report, Vail Resorts unveiled plans to invest approximately $175 million to $180 million in capital improvements across its portfolio of 18 mountain resorts ahead of the 2019-20 winter season, and 2019 season in Australia. Projects include ambitious snowmaking up...

 HEADLINE NEWS - Ski Area Management

Inaugural Northeast Winter Weather Summit

SAM Magazine—Stratton, Vt., Dec. 7, 2018—The inaugural Northeast Winter Weather Summit, held Dec. 2 and 3, drew a mixed group of 70 attendees, including meteorologists, media, resort communicators, ski area association representatives, and industry suppliers for two days of networking, education, and discussions revolving around winter weather ...

 HEADLINE NEWS - Ski Area Management

Terrain Park Contest Voting Ends Dec. 6

SAM Magazine—Woodbury, Conn., Nov. 30, 2018—Voting closes for the 14thannual SAMTerrain Park Contest on Dec. 6, 2018, which means time is short for participating resorts to encourage their fans and followers to cast their votes online. Entries that earn the most votes in each category—Features, Events, and Bread and Butter—will win pri...

 HEADLINE NEWS - Ski Area Management

Snowvember Jump-Starts the Season

SAM Magazine—Ludlow, Vt., Nov. 30, 2018, —November 2018, or Snowvember as many are calling it, has been one for the books. Consistent snowfall and cold temps in many regions of ski country this month have combined to help areas open early, open more terrain, and do some pretty good business as a result. Across the country, ski areas saw strong ...

 HEADLINE NEWS - Ski Area Management

Resort News From Across the Pond

SAM Magazine—Ludlow, Vt., Nov. 30, 2018—While November brought early openings and record snow coverage to large parts of North America, it also ushered in several notable events in Europe: Winter arrived in the Alps, and key resorts have started spinning lifts; the highest gondola in Europe was installed with eco-friendly bona fides; and Cairng...

 HEADLINE NEWS - Ski Area Management

Patti Duncan Named Snowshoe President and COO

SAM Magazine—Denver, Colo., Nov. 28, 2018—Patti Duncan has been promoted to lead Snowshoe Mountain, W.Va., as its new president and chief operating officer, effective immediately. She has served as interim president since September after Frank DeBerry left to take over as president and COO of Crystal Mountain, Wash. Both resorts are owned by Al...

 HEADLINE NEWS - Ski Area Management

Summer Lodging Posts Record; Winter Booking Trend Shifting

SAM Magazine—Denver, Nov. 26, 2018—The full summer season from May through October set its sixth consecutive records for occupancy and average daily rate (ADR), while revenue set a seventh consecutive record despite some ups and downs in individual months at Western mountain destinations tracked in the DestiMetrics Market Briefing. Looking ahea...

 HEADLINE NEWS - Ski Area Management

Jay Gamble Named Ragged Mountain GM

SAM Magazine—Danbury, N.H., Nov. 26, 2018—Industry veteran Jay Gamble will take over as general manager of Ragged Mountain, N.H., following the departure of Ryan Schramm, who was recently named GM of Powderhorn Mountain Resort in Colorado. Both resorts are operated by Pacific Group Resorts.  Most recently, Gamble spent 20 years as general...

 HEADLINE NEWS - Ski Area Management

Peak Resorts Closes on Acquisition of Snow Time, Inc.

SAM Magazine—Wildwood, Mo., Nov. 26, 2018—Peak Resorts has completed its $76 million acquisition of Snow Time, Inc., which includes three Pennsylvania ski areas—Liberty Mountain Resort, Whitetail Resort, and Roundtop Mountain Resort. The deal expands Peak Resorts’ portfolio to 17 ski areas across the Northeast and Midwest. Prior to closing...