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—Saint-Sauveur, Que., Feb. 16, 2016—Mother Nature will dictate how much Quebec skiers and riders will pay for an evening lift ticket tonight at Mont Saint-Sauveur. The total ticket price will depend on how much snow accumulates as of 3 p.m. today from the winter storm hitting the area, with the resort planning to charge $1 per centimeter of snow.
SAM Magazine—Denver, Feb. 16, 2016—Nora Pykkonen, who purchased Echo Mountain Resort in 2012 with plans to develop a private ski racing training facility, has filed for bankruptcy, citing $1.45 million in debt to the resort's top 20 creditors, consisting mainly of $100,000 to $200,000 loans. The mountain continues to operate.
SAM Magazine—Tupper Laker, N.Y., Feb. 16, 2016—During a winter in which lean natural snowfall and mild conditions have made snowmaking a necessity in the East, not having the ability to make snow has officially ended any hopes of opening Big Tupper Ski Area in the Adirondacks for skiing and riding.
SAM Magazine—Boulder, Colo., Feb. 18, 2016—After 13 years in print, SNOWBOARD Magazine will be printed no longer. The company, owned by Storm Mountain Publishing Group, has decided to drop its print version to focus on its digital, social, and custom-content formats.
SAM Magazine—Palmerton, Pa., Feb. 5, 2016—Following a variety of recent capital improvements, Blue Mountain Resort is planning yet another major project—a much-needed lodging property at the summit of the mountain. Described as a “4-star luxury condominium hotel,” the Vista Lodge Residence Club will be the only major lodging property within a 30-minute drive of the resort.
SAM Magazine—Denver, Colo., Feb. 5, 2016—Intrawest Resorts Holdings, Inc. reported a 26.9 percent decrease in skier visits across its mountain properties during the second quarter ending Dec. 31. Revenue across all divisions decreased by $16.9 million, to $104 million, over the same period, with the challenging start to winter at its Eastern properties clearly the reason for the shortfall.
SAM Magazine—One Hundred Mile House, B.C., Feb. 5, 2016—The recently formed Mountain Playground Group—a consortium of community and independent small ski areas—has added a new member. The non-profit Mt. Timothy, located in the Cariboo Range of British Columbia, became the seventh such operation to join.
SAM Magazine—Manchester Center, Vt., Feb. 5, 2016—The International Skiing History Assn. (ISHA) is honoring several broadcasters, filmmakers, writers, and historians for their achievements during the 24th annual ISHA Awards in Aspen on April 7.

SAM Magazine—Timberline, Ore. Feb. 5, 2016—Registration is now open for the 2016 session of Cutter's Camp—the industry’s longest running gathering of terrain park professionals—which will be held at Timberline, Mt. Hood, Ore., May 9-13.
SAM Magazine—Mammoth Lakes, Calif., Feb. 4, 2016—It’s not every day a guy gets to own a piece of the resort where he learned to snowboard, but then again, Shaun White isn’t your everyday snowboarder. The two-time Olympic gold medalist and San Diego native now owns a minority stake in Mammoth Resorts, which recently acquired Bear Mountain and Snow Summit—the SoCal resorts where White, 29, began riding at age 6.
SAM Magazine—North Conway, N.H., Jan. 28, 2016—The biggest ski town/resort news could just happen at quaint, historical Cranmore Mountain in the coming years. In a group press conference on Wednesday, Boston entrepreneur Joe O’Donnell, along with his partner, the father-son team of Brian and Tyler Fairbank (of Jiminy Peak, Bromley, and Cranmore) detailed a $50 million project and improvement plan that they hope to break ground on this spring.
SAM Magazine—Reno, Nev., Jan. 27, 2016—After 45 years as majority owner, Fritz Buser, 95, has decided it’s time to sell Mt. Rose Ski Tahoe and retire.
Marketing director Mike Pierce said resort staff was informed of Buser’s intention to put the property up for sale early last week before a statement was released on Saturday.
SAM Magazine—Sutton, QC Jan. 27, 2016—A group of Quebec investors has reached an agreement with the majority shareholders, the Boulanger family, to acquire Ski Sutton Inc., the owner of the Mont SUTTON ski resort. The investors include Jean Michel Ryan, Mont SUTTON’s General Manager, Sylvain Gervais of Enterprises Larry, and Pierre Chesnay, a former member of Uni-Select’s senior management.
SAM Magazine—Snowshoe, W.Va., Jan. 25, 2016—The first headline-making winter storm to hit the eastern U.S. started with much fanfare on Friday morning and didn’t end for many until late Saturday night, leaving behind as much as three feet of much-needed snow at many Mid-Atlantic and Southeast ski areas.
While resorts welcomed the glut of snow, the timing of the storm and the sheer volume of it created some immediate operational challenges.
With plentiful snowfall across most of the West this winter, NSAA’s annual winter conference and trade show Jan. 19-21 at Squaw Valley’s Resort at Squaw Creek drew a large and largely upbeat crowd. NSAA reported a total of 660 attendees represented by 79 ski areas and 129 supplier companies.
