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...
Nearly 450 resort staff, industry partners, and exhibitors attended the 2018 New England Summit Sept. 11-12 at Sunday River Resort, Maine.Wintry Mix's Alex Kaufman helps us develop PodSAM at NES (Photo courtesy of Dave Gibson) The event kicked off with seminars on topics ranging from web trends to climate change and ended with multiple sessio...
The theme “Summer Ops 2.0” prevailed at SAM’s ninth annual Summer Ops Camp Sept. 4-6 at Aspen Snowmass, Colo. More than 150 resort professionals and industry suppliers from around the world came ready to listen, learn, and experience summer programming. With a focus on business and equipment trends, safety, planning, as well as on-brand appro...
Resorts look to ease congestion and meet increasing demand with capital improvements.Concrete being poured for a lift tower footing for Winter Park's new gondola. The snowsports industry has seen a recent influx of cash, and resorts across the country are making massive capital improvements. The money is being spent in a variety of ways—resorts ...
SAM Magazine—Stratton, Vt., Sept. 12, 2018—Stratton Mountain Resort and The North American Snowsports Journalists Association (NASJA) will present the 2018 Northeast Winter Weather Summit, Dec. 2-4 at Stratton Mountain, Vt. The two-day event will bring together meteorologists, resort associates, varied ski industry businesses, journalists, and ...
SAM Magazine—Denver, Sept. 12, 2018—Shortly after Alterra Mountain Company revealed its intent to purchase Crystal Mountain Resort, Wash.—and before the transaction has closed—the company said it plans to name current Snowshoe, W.Va., president and COO Frank DeBerry as Crystal’s new president and COO once everything is finalized. “It...
SAM Magazine—Wildwood, Mo., Sept. 12, 2018—Peak Resorts reported revenue of $7 million during its 2019 first quarter, comprised of the three months ended July 31, down from $7.5 million during the same period a year ago. Operating expenses rose 5.4 percent year over year to $14.3 million, and the company reported a net loss of nearly $11.8 mill...
SAM Magazine—Natick, Mass., Sept. 7, 2018—HKD Snowmakers has acquired the controls, monitoring and automation business of Sno.matic Controls and Engineering, a company that specializes in providing products that monitor snowmaking systems andSno.matic president Scott Barthold (left) with HKD president Charles Santry automatically control pump s...
SAM Magazine—Revelstoke, B.C., Sept. 7, 2018—Dave Brownlie has been named Revelstoke Mountain Resort’s new president. Brownlie started his industry career nearly 30 years ago as Blackcomb Mountain’s director of finance and eventually became Whistler Blackcomb president and CEO, and finally COO. He stepped down from that role more than a yea...
SAM Magazine—Denver, Sept. 7, 2018—Less than three weeks after Vail Resorts closed on its acquisition of Stevens Pass in Washington, Alterra Mountain Company has entered into an agreement to purchase Crystal Mountain Resort, located about three hours south of Stevens. The acquisition would bring Alterra’s portfolio to 13 mountain resorts in N...
SAM Magazine—Aspen Snowmass, Colo.—Sept. 6, 2018—With its national advertising campaign—Give A Flake—Aspen Snowmass once again departs from traditional ski resort marketing. The campaign invites guests and fellow travelers to join the resort in acting on behalf of climate change and equal rights. It is a continuation of last season’s As...
SAM Magazine—Boise, Idaho, Aug. 30, 2018—Ripe for a no-frills ski/ride/telemark/cat ski ownership opportunity? You’re in luck: Soldier Mountain, Idaho, is up for sale—again. The area could be just the ticket for an enterprising individual or family who wants to run a ski area and earn an income that allows them to enjoy a skiing lifestyle. ...
SAM Magazine—Denver, Aug. 29, 2018—This week’s multi-day reveal of additional resorts included on Alterra Mountain Company’s Ikon Pass continues, with today’s door opening on the four remaining Boyne Resorts ski areas previously not included, and news of expanded access to three others. The Summit at Snoqualmie, Wash., Cypress Mountain, ...
More than 450 ski area and supplier members attended the Midwest Ski Areas Association Summer Meetings and Trade Show, Aug. 19-22, at Boyne Highlands Resort in northern Michigan.MSAA president Amy Reents with two-time Olympic medalist, and Midwesterner, Nick Goepper. Photo: Dave Gibson, Propeller Mediaworks The event was NSAA president Kelly Pawla...
SAM Magazine—Boyne Falls, Mich., Aug. 27, 2018—Three Boyne Resorts executives have been selected to lead operations for the company’s portfolio, based on geography and business specialty. Rick Kelley, previously senior vice president of mountain operations, has been appointed chief operating officer of eastern and Michigan mountain resorts. J...
SAM Magazine—Denver, Aug. 27, 2018—The Ikon Pass has added Solitude Mountain Resort, following Alterra’s closing on this acquisition earlier this month, and added neighboring Brighton Resort as an Ikon partner. This brings Ikon’s five Utah connections—Solitide as a full unlimited access member, and Deer Valley, Alta/Snowbird and Brighton ...
