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—Donnelly, Idaho, Nov. 21, 2018—Tamarack Resort Holdings (TRH), a partnership formed by a group of investors and managers, has acquired Tamarack Resort. The deal is two years in the making, and the transaction is expected to close Nov. 30. Approval for the state lands lease transfer from the Idaho State Board of Land Commissioners c...
SAM Magazine—Park City, Utah, Nov. 16, 2018—Former Chicago Bears tight end Dustin Lyman is now president and general manager of Powdr-owned Copper Mountain. Lyman, a Boulder, Colo., native, will oversee all resort operations effective immediately. The position opened in July 2018 after longtime GM Gary Rogers stepped down.Lyman brings a wealth ...
SAM Magazine—Mesa County, Colo., Nov. 16, 2018—Powderhorn Mountain Resort has named Ryan Schramm as its new general manager, filling a role that has been vacant since July. The move follows on the heels of Pacific Group Resorts, Inc. (PGRI) taking over operations of the resort, and a new equity partnership aimed at infusing significant capital ...
SAM Magazine—McCall, Idaho, Nov. 16, 2018—Brundage Mountain Resort has named Ken Rider as its new general manager. Rider first came on board at the resort a year ago as director of marketing and assistant general manager.Rider’s ski industry career began in the late ’90s in a partnerships and promotions role with Intrawest. He then became d...
SAM Magazine—Ludlow, Vt., Nov. 14, 2018—Cooling temps and pockets of fresh snow have resorts across the country opening early. Parts of the West have received more than five feet of powder in the past few weeks, and in the East snowmakers are working hard to build a base ahead of Thanksgiving. Colorado will have at least twelve ski areas open ...
SAM Magazine—Dover, Vt., Nov. 14, 2018—The subject of climate change is now more prevalent than ever, flooding our news feeds and airwaves daily. Rarely is the news inspiring or positive, but a recent article on Outside magazine’s website bucks that trend of doom and gloom promulgated by so many outlets—including itself—by recognizing 10 ...
SAM Magazine—Broomfield and Denver, Colo., Nov. 15, 2018—Yesterday was a busy day in the ongoing tit for tat between Alterra Mountain Company’s Ikon Pass and Vail Resorts’ Epic Pass. Earlier in the day, Alterra added NZSki and its three New Zealand resorts—Coronet Peak, The Remarkables, and Mt. Hutt—and Valle Nevado in Chile as par...
SAM Magazine—Boston, Mass., Nov. 12, 2018—Two of New England’s top ski resort promoters, Bonnie MacPherson, Okemo, Vt., and Tom Meyers, Wachusett Mountain, Mass., shared the 33rd Annual BEWI Award. The duo was feted by 165BEWI Award winners Bonnie MacPherson (left) and Tom Meyers (right) with host Bernie Weichsel. admirers at a luncheon Frida...
SAM Magazine—Vernon, N.J., Nov. 7, 2018—SNOW Operating has reached an agreement with Mountain Creek Resort, Inc., and the Koffman family to acquire controlling ownership in the operations of Mountain Creek Resort. The Koffmans will remain partners in the ownership, but SNOW Operating will have a controlling position in all operational decisions...
SAM Magazine—Sault Ste. Marie, Ont., Nov. 6, 2018—American company Wisconsin Resorts Inc. purchased Searchmont Resort in Ontario, Canada, from the Sault Ste. Marie Economic Development Corporationon Nov. 1. The $2 million deal includes all land, buildings, and equipment. Wisconsin Resorts owns and operates four other ski areas: Alpine Vall...
SAM Magazine—Cherry Creek, N.Y., Nov. 6, 2018—Cockaigne Ski Resort in upstate New York was set to spin lifts again this winter for the first time in seven years, but unanticipated challenges have caused a delay of the resort’s grand reopening. Cockaigne closed in 2011 after a fire destroyed its iconic base lodge, which served as the Aust...
SAM Magazine—Dillon, Colo., Nov. 6, 2018—A series of storms dropped nearly four feet of snow in parts of the Rockies this past week, priming some Colorado resorts to open earlier and expand accessible terrain.Breckenridge and Keystone, both of which were set to open Nov. 9, will now open Nov. 7 thanks to the new snowfall. Both resorts have rece...
SAM Magazine—Mesa, Colo., Nov. 2, 2018—Powderhorn Mountain Resort, Colo., is bolstering its management and financial resources. Owners Andy Daly and Ken, Tom, and John Gart of The Gart Companies have brought on ZOMA Capital of Denver as an equity partner to help fund future upgrades at the resort. The owners have also entered into an operating ...
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. JODY CHURICH, PARK CITY MOUNTAIN RESORT, UTAH Jody Churich has become senior director of skier services for Park City Mountain and is responsible for the overall quality ...
SAM Magazine—Woodbury, Conn., Oct. 31, 2018—It’s the most wonderful time of the year; Halloween decorations are about to come down and snow is in the forecast. Resorts are getting ready to scan passes and spin lifts, with several already open thanks to serious snowmaking and a helping hand from Mother Nature. Oct. 19 was a busy day acr...