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

Summer Ops Camp Registration Opens

SAM Magazine—Park City, Utah, June 24, 2016—Registration for SAM's seventh annual Summer Ops Camp opens today. The camp will take place at Park City Sept., 14-16, 2016, one week later than originally planned. Please make a note of the change! It's the ideal time and place to pursue this year's theme, "play. discover. profit."

 HEADLINE NEWS - Ski Area Management

Western Resorts Continue Strong Booking Pace

SAM Magazine—Denver, June 21, 2016—Following a record-breaking winter, summer bookings at Western destinations are continuing at the same torrid pace. According to DestiMetrics, which compilessummer copper emailsize data from 290 property management companies in 19 western mountain destination communities, aggregated summer occupancy and reservations are up 10.5 percent and revenues are up a whopping 17.9 percent compared to the same time last year. Numbers are for the six months from May through October, tallied as of May 31.

 HEADLINE NEWS - Ski Area Management

Powdr Proposes Woodward Facility in Park City

SAM Magazine—Park City, Utah, June 21, 2016—Powdr Corp has submitted plans to build a 52,000-square-foot indoor action sports center at Gorgoza Park outside of Park City that would be called Woodward Park City. This would be the fifth Woodward location in the U.S.woodwardPC emailsize

 HEADLINE NEWS - Ski Area Management

Snow People, June 2016

Welcome to this month’s update on important happenings about prominent people in the ski industry. The July issue of SAM will have a full list of people, awards, and obituaries in the Industry Report department.

 HEADLINE NEWS - Ski Area Management

Vail Resorts Reports Record Third Quarter, Season

SAM Magazine—Broomfield, Colo., June 10, 2016—Vail Resorts (VR) saw net income rise to $157.6 million in its all-important third quarter, as visits jumped nearly 14 percent for the period. For the season overall, visits were up 18.2 percent from a year ago, to 9.7 million from 8.1 million. The company also reported very strong early season pass sales for 2016-17.vailresorts emailsize

 HEADLINE NEWS - Ski Area Management

SIA Plans to Relocate to Park City

SAM Magazine—Mclean, Va., June 10, 2016—The staff at SnowSports Industries America (SIA) will all soon have skis hanging from the walls of their offices in Park City, Utah—a sight not necessarily seen at its current digs outside of Washington D.C. The decision to move SIA’s headquarters to one of the nation’s premier snow sports hubs came after a unanimous vote by the SIA board of directors in May, and an approval from the Utah Governor’s Office of Economic Development for a post-performance Industrial Assistance Fund grant. The relocation will happen in August.

 HEADLINE NEWS - Ski Area Management

Colorado Ski Country USA Resorts Set Skier Visit Record

SAM Magazine—Denver, June 10, 2016—The 21 member resorts of Colorado Ski Country USA (CSCUSA) recorded a record 7.4 million skier visits during the 2015-16 winter season, up five percent year-over-year and 10 percent over the five year average. Combined with Vail Resorts’ areas, which are not included in CSCUSA figures, visits for all Colorado resorts likely topped the 12.5 million statewide record set two seasons ago.

 HEADLINE NEWS - Ski Area Management

Powder Alliance Adds Kiroro, Japan

SAM Magazine—Wrightwood, Calif., June 8, 2016—The unique reciprocal program known as the Powder Alliance has partnered with Kiroro Snow World in Japan to offer three free days of skiing to anytime season passholders from the other 14 member resorts.

 HEADLINE NEWS - Ski Area Management

Hooper Named General Manager of Lee Canyon

DanHooper LeeCanyonSAM Magazine—Las Vegas, Nev., June 7, 2016 —Dan Hooper has assumed the title of general manager at Powdr Corp-owned Lee Canyon outside of Las Vegas.

 HEADLINE NEWS - Ski Area Management

Herrin Named PSIA-AASI CEO

SAM Magazine—Lakewood, Colo., June 7, 2016—The Professional Ski Instructors of America and the American Association of Snowboard Instructors (PSIA-AASI) will welHerrin emailsizecome Nicholas Herrin as their new chief executive officer starting July 18. Herrin succeeds longtime PSIA-AASI CEO Mark Dorsey, who stepped down in August 2015, and PSIA-AASI CFO Tom Spiess, who has served as interim CEO since.

 HEADLINE NEWS - Ski Area Management

POWDR ACQUIRES ELDORA MOUNTAIN RESORT

eldoraSAM Magazine—Boulder, Colo., June 6, 2016—Powdr Corp. has purchased Eldora Mountain Resort here, it was announced today, completing a long-rumored move. This amplifies Powdr’s presence in Colorado and serves as a strategic complement to Powdr’s other Colorado resort, Copper Mountain.

 HEADLINE NEWS - Ski Area Management

Memorial Day Weekend Kicks Off Summer for Many Resorts

SAM Magazine—Dover, Vt., June 2, 2016—Mountain resorts nationwide opened for summer operations over the long Memorial Day weekend, kicking off the warm season with a growingloonaerial emailsize number of attractions aimed at boosting the bottom line.

 HEADLINE NEWS - Ski Area Management

SIA Headquarters Headed West

SAM Magazine—Washington, D.C., June 2, 2016—Snowsports Industries America (SIA) has informed its staff that the organization’s headquarters will be relocating out west. The organization SIAlogo emailsizesaid the move will put it in better proximity to partner brands, like-minded organizations, and the winter sports environment as a whole.

 HEADLINE NEWS - Ski Area Management

Utah Ski Areas Set Record for Skier Visits

SAM Magazine—Salt Lake City, June 2, 2016—Prolific early season snow set the tone for a record-setting winter at Utah’s ski areas. The state tallied 4,457,575 skier visits during the 2015-16 season, up 5 percent from the previous record set in 2007-08. According to Ski Utah, visits were up 13 percent compared to last season, and beat the ten-year average by 10.4 percent.SkiUtahlogo emailsize

 HEADLINE NEWS - Ski Area Management

SEC Pressing Its Case Against Ariel Quiros

SAM Magazine—Northeast Kingdom, Vt., June 2, 2016—Recent developments in the Securities and Exchange Commission’s case against Jay Peak owner Ariel Quiros include presentation of quiros2 emailsizea preliminary injunction by the SEC and additional financial implications for Quiros, according to local news website VTDigger.org.