News Search

SAM Headline News

HEADLINE NEWS

FEATURED STORY

  • 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...

    Read More

Get SAM Headline News delivered to your inbox. It's not just another email—it's industry news and special reports that matter to you, coming from the industry's trusted resource. 

GetNewsButton

 

 HEADLINE NEWS - Ski Area Management

Outdoor Retailer Shakes Up Winter Show Schedule

SAM Magazine—Salt Lake City, Utah, Nov. 11, 2016—The retail buying shows, which have gone through some schedule changes lately, are poised for more. The Outdoor Retailer (OR) winter and OR 2014summer shows will move to new dates in 2018, and each show will split into “early” and “late” shows.

 HEADLINE NEWS - Ski Area Management

Snow People - November 2016

Welcome to the November edition of Snow People, our monthly roundup of happenings to prominent ski industry and supplier personnel.

 HEADLINE NEWS - Ski Area Management

Mammoth and Loveland to Open as Weather Delays Others

SAM Magazine—Dover, Vt., Nov. 9, 2016—At the beginning of this week, nearly ten more North American ski areas—from Alberta, Canada, to New Mexico—had planned to open forloveland emailsize the season on Thursday, Friday, or Saturday. Now, only two remain—Loveland, Colo., and Mammoth, Calif.

 HEADLINE NEWS - Ski Area Management

The Ski Season Has Begun, Sort of

SAM Magazine—Dover, Vt., Nov. 4, 2016—When Arapahoe Basin opened for the season on Oct. 21, it was cold and snowy in many parts of the country. It seems that more ski areas were bound to also open shortly after. Right? Not if Ma Nature had anything to say about it. Which she did.

 HEADLINE NEWS - Ski Area Management

Ski Dazzle Seattle Show Canceled

SAM Magazine—Seattle, Wash., Nov. 3, 2016—For the last few months, political advertisements have flooded the media, taking up most of the advertising inventory at premium rates. An unusual victim of this ad frenzy was the Ski skidazzle emailsizeDazzle Seattle Ski and Snowboard Show, which was cancelled because the promoters couldn’t afford spots on TV, radio, and in newspapers. The event was scheduled for Nov. 5 and 6.

 HEADLINE NEWS - Ski Area Management

CNL Lifestyle Properties to Sell 15 Ski Resorts, Other Properties [UPDATE]

SAM Magazine—Kansas City, Mo., Nov. 3, 2016—CNL Lifestyle Properties has entered into a purchase and sale agreement for its portfolio of waterparks, amusement parks and small family entertainment centers, along with its 15 CNL Lifestyle emailsizeski resorts.

 HEADLINE NEWS - Ski Area Management

Peak Resorts Completes $20 Million Placement of Preferred Stock and Warrants

SAM Magazine—Wildwood, Mo., Nov. 3, 2016—Peak Resorts, has completed its previously announced private placement of its Series A cumulative convertible preferred stock and warrants to purchase common stock to CAP 1 LLC, a peak resorts logofamily client of Summer Road LLC.

 HEADLINE NEWS - Ski Area Management

Non-Profit Group to Take Over Saddleback

SAM Magazine—Rangeley, Maine, Oct. 27, 2016—The ongoing ownership conundrum of Saddleback Mountain, Maine’s third-largest ski area, could be coming to an end. A group of local business owners and Saddleback season Saddleback emailsizepassholders have formed Saddleback Community Mountain Resort LLC, with the intention of purchasing the ski area from the Berry family and turn it into a community owned non-profit enterprise.

 HEADLINE NEWS - Ski Area Management

Waterville Valley Resort Invests in Employee Housing

waterville logo emailsizeSAM Magazine—Waterville Valley, N.H., Oct. 27, 2016—The affordable housing crisis in western resort towns has been well documented, but resorts in the East aren’t immune to the issue. To combat what has been “a long-standing challenge,” Waterville Valley, N.H., partnered with General Properties, LLC, to invest in a property, The Snow Star Inn, which will provide workforce housing.

 HEADLINE NEWS - Ski Area Management

Killington First to Open in the East

SAM Magazine—Killington, Vt., Oct. 25, 2016—Killington opened for the 2016-17 winter season today at noon, kicking things off in the East. Today was just for Killington season passholders; the resort plans to open to the general public at 9 a.m. Wednesday.

 HEADLINE NEWS - Ski Area Management

New Owner Takes Reins at Silver Mountain, Idaho

SAM Magazine—Kellogg, Idaho, Oct. 24, 2016—Idaho ski areas are a hot commodity for individual business owners as of late. Less than a month after Shay Butler purchased Pebble Creek Ski Area in Inkolm, Seattle-area businessman Tryg Fortun bought silvermountain emailsizeSilver Mountain for $5 million from Jeld-Wen Holdings.

 HEADLINE NEWS - Ski Area Management

Alyeska Names Brian Burnett General Manager

SAM Magazine— Girdwood, Alaska, Oct. 24, 2016—After seven years as Alyeska Resort’s mountain services manager, Brian Burnett has been promoted to ski area general manager. His new responsibilities include general oversight of ski patrol, snow safety,Burnett emailsize lift crews, tram operations, mountain maintenance projects, mountain learning center, rentals, mountainside budgeting, CIP management, and guest relations.

 HEADLINE NEWS - Ski Area Management

Snow Time Inc. Makes Key Management Moves

SAM Magazine—York, Pa., Oct. 19, 2016— Snow Time Inc., the parent company of Pennsylvania’s Roundtop Mountain Resort, Liberty Mountain Resort, and Whitetail Resort, has made several key staffing changes.snowtime emailsize

 HEADLINE NEWS - Ski Area Management

Arapahoe Basin to Open Friday, Oct. 21

SAM Magazine—Summit County, Colo., Oct. 19, 2016—Thanks to snowmaking efforts that began on Oct. 3, Arapahoe Basin now plans to open for skiing and snowboarding on Friday, Oct. 21.abasin emailsize

 HEADLINE NEWS - Ski Area Management

Burton Pulls Out of SIA Snow Show

SAM Magazine—Burlington, Vt., Oct. 18, 2016—In a blow to the status of the SIA Snow Show in Denver, Jan. 26-29, 2017, Burton has said it will not exhibit at the show. Burton had vastly reduced its presence two years ago, buburton SIA emailsizet is now exiting the show altogether.