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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

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...

 HEADLINE NEWS - Ski Area Management

IOC Adds Big Air, Team Event for 2018 Winter Games

SAM Magazine—Lausanne, Switzerland, June 8, 2015—The International Olympic Committee (IOC) approved big air snowboarding and an alpine team event as new event inclusions for the 2018 Olympic Winter Games in PyeongChang, South Korea. The U.S. Ski and Snowboard Association (USSA) had been among the nations lobbying for inclusion of big...

 HEADLINE NEWS - Ski Area Management

Summer Action at Ski Areas Heats Up

SAM Magazine—Dresser, Wis., June 8, 2015—Ski areas across the country are ramping up their summer operations with new aerial adventure parks, zip lines, canopy tours, water parks, mountain bike parks and more. With the slew of new year-round activities being offered (too many to report on here) it’s clear that ski areas have a bul...

 HEADLINE NEWS - Ski Area Management

Mountain Creek Partner Assumes Full Ownership

SAM Magazine—Vernon, N.J., June 8, 2015—The Koffman family, one of four partners that purchased New Jersey’s Mountain Creek from Intrawest in 2010, became the sole owner of the resort on June 4. The Koffman family was also a partner in the original Great Gorge ski area in the 1970s. The transaction provides for improvement and exp...

 HEADLINE NEWS - Ski Area Management

SAM's Summer Ops Camp Registration Opens

SAM Magazine—June 5, 2015, Tannersville, PA—Registration for SAM's 6th Annual Summer Ops Camp officially opens today. The camp, which will take place at Camelback Mountain Resort Sept. 9-11, will explore the many benefits of and growing opportunities in summer recreation at winter resorts. Camelback is an exemplary host: it has a...

 HEADLINE NEWS - Ski Area Management

Visits to Quebec Ski Areas Dip, But Study Shows Potential

SAM Magazine—Terrebonne, Qué., June 5, 2015—Ski areas in Quebec tallied 5,887,000 skier and snowboarder visits this season, down 2.7 percent over last year ,according to the Quebec Ski Areas Association (ASSQ). The news was announced during the association’s annual meeting in the Laurentians at Manoir St-Sauveur, with more ...

 HEADLINE NEWS - Ski Area Management

Ski Areas Look to Local Governments to Sustain Operations

SAM Magazine—Kensington, Minn., June 2, 2015—Under the strain of tighter profit margins, two ski areas in the Midwest are looking for local government funding to continue operations. In Minnesota, the Douglas County commissioners recently voted to investigate turning Andes Tower Hills, currently owned by brothers Vern and Paul Anders...

 HEADLINE NEWS - Ski Area Management

Japan’s Hakuba Valley Latest to Join Mountain Collective

SAM Magazine—Nagano, Japan, May 28, 2015 —Hakuba Valley in the Japanese Alps has joined the Mountain Collective for the 2015-16 season. The Collective now provides access to 18 mountains in five countries that combined have more than 41,000 skiable acres of terrain and 244 lifts. Hakuba Valley is comprised of 10 distinct areas that e...