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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

Vail Resorts to Acquire Stowe Mountain Resort

SAM Magazine—Broomfield, Colo., Feb. 21, 2017—The rumors began swirling recently that Vail Resorts was looking to expand its portfolio east, and Stowe Mountain Resort was its target. The rumors were true. Vail Resorts is acquiring all of the stowe base esizeassets related to Stowe’s mountain operations, including base area skier services (food and beverage, retail and rental, lift ticket offices and ski and snowboard school facilities) at Mount Mansfield and Spruce Peak from Mt. Mansfield Company, Inc.—a wholly-owned subsidiary of American International Group (AIG)—for $50 million.

 HEADLINE NEWS - Ski Area Management

Snow Delivers Mixed Results for Western Lodging

SAM Magazine—Denver, Feb. 17, 2017—In its winter mid-season summary for more than 290 participating lodging properties, DestiMetrics reported that generous snowfall across the Rocky Mountain and Far Jackson destimetrics esizeWest regions contributed to both positive and negative trends in lodging numbers at western mountain destinations. As of Jan. 31, aggregated actual occupancy for the winter season from November through April was up 1.3 percent, and revenues were up 8.7 percent compared to the same time last year.

 HEADLINE NEWS - Ski Area Management

Intrawest Results Improved in Second Quarter

SAM Magazine—Denver, Feb. 10, 2017—Intrawest Resorts Holdings, Inc., reported improved numbers for the second quarter ending Dec. 31, 2016, compared to the same period last year.Intrawest Logo esize

 HEADLINE NEWS - Ski Area Management

Strong Season Pass Sales, Visits for Peak Resorts

SAM Magazine—Wildwood, Mo., Feb. 10, 2017—With improved snow conditions compared to a year ago, sales of Peak Resorts’ new Peak Pass products were up 28 percent in units and 23 percent in dollars from the peak resorts logobeginning of the ski season through Jan. 29, 2017, compared to the same period year-over-year. Paid skier visits at the company’s 14 ski areas were up 40 percent through the same period.

 HEADLINE NEWS - Ski Area Management

Power Failure Shutters Jackson Hole Through This Weekend

SAM Magazine—Teton Village, Wyo., Feb. 8, 2017—A massive power outage overnight Tuesday has left Jackson Hole Mountain Resort and Teton Village without power, and the resort will be closed at least through the jacksonhole esizeweekend as a result. At present, the resort is targeting Monday, Feb. 13 as a possible reopening date.

 HEADLINE NEWS - Ski Area Management

NSAA Begins Search for New President and CEO

SAM Magazine—Lakewood, Colo., Jan. 31, 2017—The National Ski Areas Association (NSAA) has posted on its website details for the position of president and CEO, and is soliciting resumes from prospective candidates. The new head will succeed longtime president Michael Berry, who is retiring at the end of the year.

 HEADLINE NEWS - Ski Area Management

NSAA President Michael Berry to Retire

SAM Magazine—Denver, Jan. 26, 2017—During yesterday’s National Ski Areas Association (NSAA) board meeting in Denver at the SIA Snow Show, NSAA president Michael Berry informed the board that he is retiring at the MBerry esizeend of this calendar year. Berry has been president of NSAA since January 1993.

 HEADLINE NEWS - Ski Area Management

Head Skis’ Headway Pilot Programs Underway

SAM Magazine—Princeton, Mass., Jan. 26, 2017—Head Skis has been working with the Professional Ski Instructors of America on a rekindled graduated-length method of learning, called Headway, which guarantees results in Wachusett Headway esizejust one day. This “total immersion” program combines three different lengths of specially-designed rental skis with all-day instruction, and on-mountain testing of the program has officially begun at two participating resorts.

 HEADLINE NEWS - Ski Area Management

Safety Over Selfies

SAM Magazine—United Kingdom, Jan. 26, 2017—Over in the United Kingdom, taking selfies while skiing and riding has its consequences, according to a recent study of British skiers funded by UK-based travel insurance company Columbus Direct. The company’s research revealed that just over half (51 percent) of experienced skiers have been injured while trying to film or photograph themselves skiing/riding on expert terrain or off-piste.selfie esize

 HEADLINE NEWS - Ski Area Management

Mad River Glen Names Matt Lillard New GM

SAM Magazine—Waitsfield, Vt., Jan. 26, 2017—The nation’s only cooperatively-owned ski area, Mad River Glen in Vermont, has hired Matt Lillard as its new general manager. Lillard is currently the GM of community-ownedMatt Lillard esize Eaglecrest Ski Area in Juneau, Alaska, where he’s been at the helm for the past five years. He’ll start at Mad River in early March.

 HEADLINE NEWS - Ski Area Management

Spring Cutter’s Camp Registration Now Open

SAM Magazine—Natick, Mass., Jan. 25, 2017—Registration is now open for 15th anniversary of the spring session of Cutter's Camp, May 16-20, 2017, at Timberline, Mt. Hood, cutters logo esizeOre. The weeklong spring program for terrain park professionals features on-hill and classroom workshops, including the return of one-on-one customized operator coaching and the Park Challenge workshop.

 HEADLINE NEWS - Ski Area Management

Squaw Valley Patroller Dies in Work Accident-UPDATED

Squaw e szeSAM Magazine—Squaw Valley, Calif., Jan. 24, 2017—Joe Zuiches, a 42-year-old resident of Olympic Valley and a member of the Squaw Valley professional ski patrol since 2012, was killed in an incident at 8:35 a.m. this morning during avalanche control activities. The cause of the incident, which occurred at the top of Gold Coast Ridge at Squaw Valley, is believed to be the detonation of an explosive charge, the resort said in a statement this afternoon.

 HEADLINE NEWS - Ski Area Management

New York to Invest $28 million at Whiteface and Gore

SAM Magazine—Plattsburgh, N.Y., Jan. 23, 2017—Gov. Andrew Cuomo is committing $28 million for capital enhancements at two of New York’s state-owned facilities—Whiteface and Gore Mountain. Both ski areas are located inWhiteface esize the Adirondacks, and Cuomo said the goal is to attract more tourists to the areas so they can rival ski resorts in nearby Vermont and Canada.

 HEADLINE NEWS - Ski Area Management

Drive System Modification Led to Granby Ranch Chairlift Fatality [UPDATE]

GranbySAM Magazine—Granby, Colo., Jan. 20, 2017—Preliminary investigation into the death of Texas mom Kelly Huber in a chairlift accident at Ski Granby Ranch Dec. 29 now suggests that the likely cause was an independent contractor’s modification to the lift’s electrical drive/control system, according to a statement released by the resort.

 HEADLINE NEWS - Ski Area Management

Early-Season Skier Visits Above Average in Colorado

SAM Magazine—Denver, Jan. 20, 2017—Considering how long it took the ski season to get rolling in Colorado, it’s not surprising that total skier visits for the period Oct. 21 througheldora esize Dec. 31 are down year-over-year at Colorado Ski Country USA’s 22 member resorts. The fact that they’re only down by single digits compared to last year, and actually up 3 percent over the five-year average, is a testament to how good things have been of late.