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—Dover, Vt., Dec. 22, 2015—With the reality of this mild start to the winter in much of the eastern half of the continent sinking in, a handful of resorts are embracing it. Operating summer attractions during Christmas week may not be something any resort had in the plan, but Blue Mountain, Ontario, reopened a host of &ld...
SAM Magazine—Park City, Utah, Dec. 16, 2015—By a narrow margin, ski patrollers at Park City voted on Monday to unionize. The preliminary tally was 97-94. The vote means all of the nearly 200 patrollers at the resort—comprising both the Park City base area and Canyons Village base area—will be joining the United Profession...
SAM Magazine—Silverton, Colo., Dec. 9, 2015—Tim Petrick is joining Silverton Mountain Ski Area and Silverton Mountain Guides Alaska Heli with the kickoff of the 2015-16 season. Petrick, most recently president and CEO of K2 Sports, has spent the majority of his career in executive level positions for companies including Powder Magazi...
SAM Magazine—Broomfield, Colo., Dec. 3, 2015—Vail Resorts came out with two major initiatives yesterday, each with the company’s employee base in mind: the EpicPromise Foundation, to support employees’ educational development and general well-being; and an employee housing program. The EpicPromise Foundation is a public c...
SAM Magazine—Campton, N.H., Dec. 3, 2015—Dan Egan, extreme skiing legend and founder of Degan Media, has received the 2016 North American Snowsports Association's (NASJA) Mitch Kaplan Award for Excellence in Snowsports Coverage. The award is presented annually to the journalist whose work and spirit best captures the enthusiasm a...
SAM Magazine—Denver, Dec. 1, 2015—Gerald F. (Jerry) Groswold, longtime head of Winter Park resort and a former board member and chairman of both Colorado Ski Country USA and NSAA, died Nov. 26. He was 84. Jerry was renowned for his involvement with Winter Park Resort, which began in 1939—he carried water as an eight-year-old fo...
Photo credit: sundayriver.com SAM Magazine—Dover, Vt., Dec. 1, 2015—Cold weather settled in just in time for resorts in the Northeast to make enough snow to open for Thanksgiving weekend, with 18 different areas kicking things off between Nov. 24 and Nov. 28. Most had limited terrain compared to the same time a year ago, when...
SAM Magazine—Sheridan, Wyo., Dec. 1, 2015—The Antelope Butte Foundation (ABF), a non-profit organization dedicated to reopening Antelope Butte Ski Area, has received two significant donation commitments for its project to resurrect the facility, which has not operated in a decade. Jan Allen of Cosner Construction confirmed a $213,000...
SAM Magazine—Hunter, N.Y., Nov. 30, 2015—Peak Resorts has entered into an agreement to purchase Hunter Mountain, located in the Catskill Mountains of New York, for cash consideration of $35 million plus the assumption of two capital leases estimated at approximately $1.8 million. Hunter Mountain generates approximately $27 million (unau...
SAM Magazine—Denver, Nov. 19, 2015—Despite a relatively warm start to the fall, recent snowstorms out West and snowmaking conditions in the East have a number of resorts opening for the season just ahead of Thanksgiving weekend. Colorado has seen multiple snow storms roll through in the past week, giving many areas the base needed to...
SAM Magazine—Boston, Mass., Nov. 17, 2015—David Ingemie, president of Snowsports Industries America (SIA), was presented with the 30th annual BEWI Award during a luncheon in his honor on Nov. 13 at the Seaport World Trade Center on Boston Harbor. BEWI Productions president Bernie Weichsel, the award’s namesake, called David &ld...
Photo credit: www.tellurideskiresort.com. SAM Magazine—Telluride, Colo., Nov. 16, 2016—The Telluride Ski Patrol, which formed a union under the umbrella of the Communications Workers of America (CWA) last February, ratified its first union contract on Nov. 9 by a 50-1 vote. The three-year deal addressed several of the concer...
SAM Magazine—Truckee, Calif., Nov. 12, 2015—With storm totals in California being measured in feet, the ski and snowboard season is getting off to its best start in years on the West Coast. Nationwide, a number of resorts are already open and more are kicking things off, starting yesterday. Lake Tahoe has received more than two feet ...
SAM Magazine—Saint-Sauveur, Quebec, Nov. 9, 2015—For the first time in the competitive atmosphere of the Quebec ski industry, two major players are teaming to offer a joint season pass. Ski Bromont and Mont Saint-Sauveur have created the Option Northeast, which gives anyone purchasing a season pass at either resort the opportunity to ad...
SAM Magazine—Fairfield, Idaho, Nov. 6, 2015—Matt and Dianne McFerran, a couple from Bend, Ore., are the new owners of Solider Mountain. More than 2,100 people had inquired about the resort, which was put up for sale on Oct. 14 at the price tag of $149,000, the amount of money the non-profit area owed to the bank. The McFerrans will b...
