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—McLean, Va., July 15, 2015—The SnowSports Industries America (SIA) Board of Directors has chosen Nick Sargent, former vice president of global business alliance at Burton Snowboards, as its incoming president. Sargent will begin in a transitional role Aug. 24 before succeeding David Ingemie as president following the 2016 S...
SAM Magazine—Vancouver, B.C, July 15, 2015—SBC Media has filed for bankruptcy and closed its 10 magazine titles, including Snowboard Canada, SBC Skier, SBC Business, SBC Skateboard, and SBC Wakeboard. Officials at SBC said investors that stepped in 2014 to help support the media group made the decision to cut additional funding. Scot...
SAM Magazine—Santiago, Chile, July 14, 2015—A heavy storm that dumped more than five and a half feet of snow on Portillo, and nearly three feet of new snow in other areas of the central Chilean Andes and parts of Argentina, has allowed several ski resorts to open after a delayed start to the season. Valle Nevado opened today, July 15...
SAM Magazine—Sydney, Australia, July 13, 2015—After what local ski area operators described as the worst start to a season in 50 years, a cold winter storm system continues to deliver freezing air across southeast Australia and new snow to the mountains. Meteorologists are calling it the “Antarctic vortex,” and in Sydney, it...
SAM Magazine—Mt. Hood, Ore., July 13, 2015—This summer Mt. Hood Meadows is growing its presence in Portland by expanding an existing office in the city into an “alpine lifestyle center,” called Altitude. The space, which is set to open Labor Day Weekend, will include a mountain retail store and après bar, a ski and sn...
SAM Magazine—West Windsor, Vt., July 10, 2015—An eight-member committee is working to form a non-profit organization that would manage and maintain the assets of the West Windsor Town Forest, including reopening Mt. Ascutney ski area. Officials estimate it will cost $905,000 to purchase Ascutney and the 1,581-acre town forest; and ab...
SAM Magazine—Lakewood, Colo., July 7, 2015—Mark Dorsey, CEO of the Professional Ski Instructors of America and the American Association of Snowboard Instructors (PSIA-AASI), is stepping down to assume a similar role with another association outside of the ski and snowboard industry. “This is a terrific opportunity for Mark, and...
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.
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...
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...
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...
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...
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...
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...
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...
