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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 Bumps Minimum Wage to $10

SAM Magazine—Broomfield, Colo., July 2, 2015—Vail Resorts is increasing its minimum wage for entry-level positions to $10 an hour. Effective Sept. 26, the pay hike will affect nearly 7,500 of Vail’s 25,000 employees in eight states, including workers in housekeeping, lift operations, food preparation, and retail sales.

Currently, the federal minimum wage is $7.25 an hour, but 29 states and Washington, D.C., have minimum wages above that level.

 HEADLINE NEWS - Ski Area Management

Tamarack’s MTB Ops, Summer Activities Spinning Again

SAM Magazine–Donnelly, Idaho, July 2, 2015–Tamarack Resort will restart its mountain bike operation, which hasn’t been running since 2007, on July 4. But instead of providing uphill access via chairlift, Tamarack will offer a shuttle service and bike rentals. The services will begin July 4. The 10-passenger shuttle will run fro...

 HEADLINE NEWS - Ski Area Management

Resorts for Sale: Spout Springs, Marshall Mountain

SAM Magazine—Athena, Ore., June 29, 2015—The listings of ski areas for sale recently grew by two, as Spout Springs, Ore., went on the market for $1.25 million and Marshall Mountain, located seven miles northeast of Missoula, Mont., is also for sale for $2.95 million. John Murray has owned Spout Springs since 1999, and said he wants t...

 HEADLINE NEWS - Ski Area Management

Foundation to Purchase Antelope Butte

SAM Magazine—Sheridan, Wyo., June 29, 2015—The board of directors of the Antelope Butte Foundation (ABF) signed a purchase and sale agreement with the U. S. Forest Service on June 19, paving the way for the purchase of the ski area located in the Bighorn Mountains near Dayton, Wyo. Mark Weitz, ABF board president, said the Foundation...

 HEADLINE NEWS - Ski Area Management

Citing Fire Danger, Tahoe Donner Stubs Smoking

SAM Magazine—Truckee, Calif., June 29, 2015—In a move to dampen the danger of accidental fires, the Tahoe Donner Association has implemented a smoking ban on all its properties. The ban, effective through the end of the year, prohibits smoking at all amenities, common areas, and other association-owned properties. The Truckee Fire Prote...

 HEADLINE NEWS - Ski Area Management

Perlman Named President and COO at Steamboat

SAM Magazine—Steamboat Springs, Colo., June 26, 2015—Rob Perlman has been named president and chief operating officer of Steamboat Ski & Resort Corporation effective July 1, 2015, by parent company Intrawest Holdings. “After an extensive nationwide search and deliberate process, the Intrawest leadership team is proud to pro...

 HEADLINE NEWS - Ski Area Management

Mt. Ashland Launches $650,000 Fundraiser

SAM Magazine—Mt. Ashland, Ore., June 24, 2015—Mt. Ashland has launched a $650,000 public fundraising campaign, primarily to help fund operation and maintenance costs until the end of November. The campaign, billed as the 2015 Local Mountain Fund, has already brought in $275,000, including $68,000 donated by Mt. Ashland Association board...

 HEADLINE NEWS - Ski Area Management

Ski Season in Southern Hemisphere Off to Slow Start

SAM Magazine–Santiago, Chile, June 24, 2015–The 2015 ski season is off to a slow start for some ski areas in the Southern Hemisphere, including those in Chile, where six ski areas remain closed due to lack of snowfall. Traditionally skiers and riders in the Southern Hemisphere start hitting the slopes by early to mid June. However, F...

 HEADLINE NEWS - Ski Area Management

New Hampshire Ski Areas Report Fourth Best Season

SAM Magazine—Lincoln, N.H., June 16, 2015—Ski NH’s 33 alpine and cross-country resorts hosted more than 2.57 million alpine, X-C, and tubing visits during the 2014-15 season, according to Ski NH. Abundant snowfall in February and March resulted in numerous record-breaking spring skiing days for many New Hampshire ski areas. That h...

 HEADLINE NEWS - Ski Area Management

Whistler Blackcomb to Test Snowmaking on Horstman Glacier

SAM Magazine—Whistler, B.C., June 16, 2015—This coming winter, Whistler Blackcomb will conduct a snowmaking pilot project aimed at preserving the Horstman Glacier on Blackcomb Mountain. The area will operate four low-energy guns in the Horstman Hut area to determine if a full-scale snowmaking system is an option to prevent further reces...

 HEADLINE NEWS - Ski Area Management

Western Mountain Resorts Continue Strong Booking Trends

SAM Magazine—Denver, June 16, 2015—Following a record season across much of the West, summer occupancies and revenues are continuing that momentum, according to the most recent data released by Denver-based DestiMetrics. As of May 31, summer occupancy and reservations were up 8.5 percent compared to the May through October period a year...

 HEADLINE NEWS - Ski Area Management

Vermont Ski Areas Sets New Visitation Record

SAM Magazine—Jay Peak, Vt., June 12, 2015—Ski areas in Vermont tallied a record-breaking 4,670,903 million visits during the 2014-15 season. The visit totals were released during the Vermont Ski Areas Association’s (VSAA) 46th Annual Meeting here on Thursday. Early openings at ski areas, recent capital investments in new snowma...

 HEADLINE NEWS - Ski Area Management

Colorado Ski Areas Report Near-Record Season

SAM Magazine—Boulder, Colo., June 12, 2015 – Skier and snowboarder visits at the 21 member ski resorts of Colorado Ski Country USA (CSCUSA) totaled 7.1 million during the 2014/15 season, about one-half of 1 percent fewer than last year’s record season and 6.5 percent more than the five-year-average. The figures were released durin...

 HEADLINE NEWS - Ski Area Management

Ski Areas in New Mexico Report 19 Percent Gain in Visits

SAM Magazine—Santa Fe, N.M., June 9, 2015—New Mexico’s 11 ski areas saw a 19.4 percent increase in skier and snowboarder visits in 2014-15 compared to 2013-14, to 909,357, contributing to a $98 million increase in local economic activity, according to Ski New Mexico. The net gain of 176,000 visits, to more than 909,000 total vi...

 HEADLINE NEWS - Ski Area Management

Ski Areas in Canada Slash Season Pass Prices

SAM Magazine—Calgary, Alberta, June 9, 2015—While final skier and snowboarder visits to Canadian ski areas have not yet been released, resorts in Western Canada had a poor to average season. The winter's warm temperatures, below average snow, and decreased days of operation have led a few ski areas to offer dramatically reduced rate...