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—Denver, March 20, 2017—With less than a month remaining in the winter 2016-17 booking season, overall aggregated occupancy for 19 western mountain resorts remains
essentially flat, up 0.3 percent as of Feb. 28, compared to the same time last year. In contrast, overall aggregated revenue is up 7.3 percent for the same time period, according to a report by DestiMetrics. The data also revealed that 90 percent of all of last season’s business has already been booked or “banked” for this season.
SAM Magazine—Denver, March 20, 2017—Visits to Colorado Ski Country USA’s 22 member ski areas were up 1 percent during the second period of the 2016-17 season, which runs from Jan. 1,
2017 through Feb. 28, 2017, compared to the same period last year.
SAM Magazine—Broomfield, Colo., March 13, 2017—Vail Resorts fiscal 2017 second quarter results for the period ending Jan. 31 show growth in just about every category compared to the same
period last year, with Whistler Blackcomb driving much of the increase. The slow start to the winter season in Colorado dragged the results a bit for the rest of the company.
SAM Magazine—Dover, Vt., March 13, 2017—Snow continues to be the story here in the States as well as in Europe.
SAM Magazine—Denver, March 13, 2017—Sales tax collections in Colorado’s mountain communities once again reached an all-time high in 2016, mirroring the steep climb of skier visit numbers,
resort revenues, and statewide tourism numbers since 2012, according to a report in The Denver Post. And while winter is still the high season, it’s difficult to call the non-winter months the “off-season” any longer.
SAM Magazine—Dover, Vt., March 9, 2017—Season-pass launch season has begun, and many 2017-18 products are currently available at their introductory prices. There are also some updates
and additions to the mix.
SAM Magazine—Durango, Colo., March 3, 2017—The Colorado Passenger Tramway Safety Board identified several deficiencies during a lift inspection at Hesperus Ski Area, including signage, record keeping, general maintenance, and insufficient operator training, prompting management to close the ski area until the issues are addressed.
SAM Magazine—Sugar Mountain, N.C., March 3, 2017—The family of a teenager who was stranded on a chairlift after it closed last February at Sugar Mountain, N.C., is suing the resort for $75,000.
March 25 – April 1, 2017, Banff and Lake Louise, Alberta, Canada
The annual Mountain Travel Symposium gathers more than 1,000 mountain travel experts from around the world for a week of networking, deal-making, education, and fun.
Each day features a variety of programming geared toward growing the mountain travel business. Part of the programming is Wednesday and Thursday’s MTS Forum—a series of discussions and seminars led by top industry professionals.
SAM Magazine—Dover, Vt., March 1, 2017—As usual, Mother Nature played the biggest role in how successful the Presidents’ holiday period was for ski areas across the country. In general, it appears
that a majority of the nation’s ski areas fared pretty well.
Welcome to the February edition of Snow People, our monthly roundup of happenings to prominent people in the mountain resort industry.
SAM Magazine—Killington, Vt., Feb. 23, 2017—Resort managers and operators from across North America will gather at the 2017 edition of SAM’s Summer Ops Camp, Sept. 5-7,
at Killington in central Vermont. The annual hands-on educational and networking event focuses on maximizing four-season operations and revenue, which makes Killington and its ongoing multi-million dollar investment into summer attractions and activities an ideal location for the event.
SAM Magazine—Taos Ski Valley, N.M., Feb. 22, 2017—Taos Ski Valley is the first ski resort in the world to become a Certified B Corporation, a recognition awarded to for-profit companies that meet the highest standards of economic, social and
environmental performance, and public transparency. These standards are verified by B Lab, a “nonprofit organization that serves a global movement of people using business as a force for good.” There are 2,048 Certified B Corps in the world.
SAM Magazine—Arapahoe Basin, Colo., Feb. 22, 2017—Following nearly 10 years of planning, Arapahoe Basin gained approval from the National Forest Service for a 468-acre terrain expansion into an area located to the west of the existing ski area
boundary called the Beavers and the Steep Gullies, eventually served by a new fixed-grip quad scheduled to be installed for the 2018-19 season. When complete, the new terrain will bring A-Basin’s total skiable area to 1,428 acres.
SAM Magazine—Highmount, N.Y., Feb. 22, 2017—After committing $20 million in January to upgrade state-owned Gore Mountain and Whiteface, Gov. Andrew M. Cuomo today said the state would invest an additional $8 million for upgrades at
Belleayre Ski Center. The investment includes a new eight-person gondola as well as upgrading and expanding its two main lodges.
