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  • 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...

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 HEADLINE NEWS - Ski Area Management

Ski Area Audit Puts Focus on Child Labor Laws

SAM Magazine—Manchester, N.H., Aug. 27, 2018—The Fairbank Group labor audit and subsequent recent publicity appear to indicate a heightened focus on child labor laws. That’s noteworthy, as it coincides with historically tight labor markets nationwide and uncertainty over the status of J-1 and H-2b foreign worker visas in the Trump administrat...

 HEADLINE NEWS - Ski Area Management

Purgatory’s Mountain Coaster Debuts This Weekend

SAM Magazine—Durango, Colo., Aug. 23, 2018—The southwest region’s only mountain coaster is making its debut this Saturday, Aug. 25, at Purgatory Resort, Colo. The Inferno Mountain Coaster, built by Aquatic Development Group, is located in the base area and will be a summer and winter attraction at the resort. The Inferno is 4,000 feet long w...

 HEADLINE NEWS - Ski Area Management

Stickelman Named Interim CEO of National Ability Center

SAM Magazine—Park City, Utah, Aug. 22, 2018—Following the departure of Gail Barille, the National Ability Center’s (NAC) chief executive officer for the last eight years, former NAC chief operating officer Kevin Stickelman has been appointed by the board of directors as interim CEO. Stickelman joined NAC two years ago as its first COO. Prior...

 HEADLINE NEWS - Ski Area Management

Midsummer Occupancy and Revenue Cools at Western Destinations

SAM Magazine—Denver, Aug. 22, 2018—As of July 31, the midpoint of the summer season for western mountain destinations, occupancy growth is slowing slightly, but overall metrics continue to edge upward toward a seventh consecutive record summer, according to Inntopia’s monthly DestiMetrics Market Briefing. The Market Briefing aggregates lodgi...

 HEADLINE NEWS - Ski Area Management

Positive Signs on the Foreign Worker Front

SAM Magazine—Lakewood, Colo., Aug. 21, 2018—How much access to foreign workers will U.S. resorts have under the J-1 and H-2b programs this winter? According to NSAA’s monthly Capital Watch, hiring conditions could be favorable. Both houses of Congress are preparing legislation that would protect current levels of foreign workers or even expan...

 HEADLINE NEWS - Ski Area Management

Registration is Closing Soon for This Year’s Summer Ops Camp

SAM Magazine—Natick, Mass., Aug. 21, 2018—Registration for SAM’s ninth annual Summer Ops Camp—a series of seminars, on-hill workshops, demos, and networking events that explore the current state of mountain resort summer operations—closes Saturday, Aug. 25. A few spots are still available for Camp, Sept. 4-6 at Aspen Snowmass, Colo. Here...

 HEADLINE NEWS - Ski Area Management

Snow People, August 2018

This is the August edition of Snow People, where we highlight happenings to prominent people in the mountain resort industry. Sunday River, Maine Sunday River has made a variety of staff changes, elevating several members of its team to new positions. Jim Largess was promoted to executive director of the Sunday River Community Fund. Largess join...

 HEADLINE NEWS - Ski Area Management

Deer Valley’s Wheaton Moving On to Alterra, Shallan Taking Over

SAM Magazine—Park City, Utah, Aug. 17, 2018—Deer Valley’s longtime leader and current president and chief operating officer Bob Wheaton will be transitioning into a senior strategic advisory role with the resort’s owner, Alterra Mountain Company. Hospitality Bob Wheatonindustry veteran Todd Shallan will be Wheaton’s successor, working alo...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Closes on Stevens Pass Acquisition

SAM Magazine—Broomfield, Colo., Aug. 17, 2018—Vail Resorts this week closed on its acquisition of Stevens Pass Resort in Washington from Ski Resort Holdings, LLC, an affiliate of Oz Real Estate. The final purchase price, after adjustments for certain agreed-upon terms, was $64 million. The 2018-19 Epic Pass, Epic Local Pass, Epic Australia Pas...

 HEADLINE NEWS - Ski Area Management

New Owners Making Improvements to Pine Mountain, Mich.

SAM Magazine—Iron Mountain, Mich., Aug. 15, 2018—An anonymous buyer recently purchased Pine Mountain Ski & Golf Resort in Iron Mountain, Mich., and has already begun making improvements to the year-round resort while business operations continue uninterrupted. The same anonymous buyer also purchased the nearby Four Seasons Resort, a hotel a...

 HEADLINE NEWS - Ski Area Management

Ron Cohen Named President and COO of Squaw Valley Alpine Meadows

SAM Magazine—Olympic Valley, Calif., Aug. 15, 2018—Ron Cohen is now officially president and chief operating officer of Squaw Valley Alpine Meadows after four months of serving in the position in an interim capacity. Cohen succeeds Andy Wirth, who vacated Ron Cohen, president and COO of Squaw Valley Alpine Meadows. Photo: Ben Arnstthe position ...

 HEADLINE NEWS - Ski Area Management

Jordan Elliott to Succeed Gifford as PNSAA President

SAM Magazine—La Conner, Wash., Aug. 13, 2018—The Pacific Northwest Ski Areas Association (PNSAA) has hired Jordan Elliott to succeed John Gifford as the association’s president. Elliott will begin transitioning into the new role in mid-October, and officially take the seat on Jan. 1, 2019, after Gifford retires on the last of the year. Giffor...

 HEADLINE NEWS - Ski Area Management

Report: Summer Business Perseveres Despite Weather, Fires

SAM Magazine—Jeffersonville, Vt., Aug. 10, 2018—Resorts are investing bigtime in their summer operations. It seems to be paying off: Despite wildfires and wet weekends, summer business levels across North America seem to be steady. Many resorts have reported slight growth, and those who are off target are only shy by a small percentage. In both...

 HEADLINE NEWS - Ski Area Management

Tim Donahue Named Alterra CFO and Executive Vice President

SAM Magazine—Denver, August 7, 2018—Longtime finance industry executive Tim Donahue has been appointed as Alterra Mountain Company’s new chief financial officer and executive vice president. Donahue spent the last 19 years at JPMorgan Chase & Co., most recently serving as head of the company’s Leveraged Finance Capital Markets Group, he...

 HEADLINE NEWS - Ski Area Management

Vail Certified by Sustainable Travel International

SAM Magazine—Vail, Colo., July 30, 2018—Vail has become the first U.S. destination and the first mountain resort in the world to achieve certification as a "sustainable destination" by Sustainable Travel International. Certification efforts took more than five years, and required work and involvement by the resort, the town of Vail, and the U.S...