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—Butler, Ohio, July 7, 2014—The main creditor for Clear Fork Resort here has begun foreclosure proceedings against the area. However, general operations manager Kelly Donaldson told SAM that the filing is only part of a broader effort to reorganize and consolidate the ownership group, Slater Run Land Development LLC, and tha...
SAM Magazine--Tupper Lake, N.Y., July 5, 2014--After nearly 10 years, a ruling made by the appellate division of New York's Supreme Court on July 3 paves the way for the development of the Adirondack Club and Resort in Tupper Lake. Several environmental groups, including Protect the Adirondacks, the Sierra Club and some local landowners, filed ...
SAM Magazine--June 30, 2014--Registration for SAM's 5th Annual Summer Ops Camp is officially open. The camp, which will take place at Vail Mountain, Colo., September 3-5, will explore the many benefits of the growing opportunities in summer recreation in the mountains. The Summer Ops program is a hands-on educational and networking event tha...
SAM Magazine—Bessemer, Mich., June 23, 2014—The following news was just released on Blackjack's Facebook page: Blackjack LLC, owner of Blackjack Mountain Resort, Mich., has executed a definitive agreement to acquire the assets of nearby Indianhead Mountain Resort, a combination that would combine two of the best and most well known ...
SAM Magazine--Park City, Utah, June 19, 2014--Park City Mountain Resort (PCMR) will finally get their wish. Judge Ryan Harris today ordered both PCMR and Talisker Land Holdings (PCMR's landlord) to sit down with a formal, neutral, third-party mediator to try to resolve a land battle that threatens to leave Park City, Utah, without its anchor re...
SAM Magazine—Park City, Utah, June 17, 2014—Park City Mountain Resort (PCMR) made several filings last week in advance of 3rd District Judge Ryan Harris’ decision on whether to sign an eviction order for the resort, as landlord Talisker Land Holdings has requested. PCMR has urged the judge to not sign the order, or to at least pos...
SAM Magazine—Denver, June 17, 2014—Occupancy and revenues at mountain destinations across the Rocky Mountains and Far West are trending positively and looking strong throughout the summer for the third consecutive year, according to Denver-based DestiMetrics, which tracks forward-looking reservation data year-round at mountain resorts. ...
SAM Magazine—Copper Mountain, Colo., June 12, 2014—Statewide skier visits in Colorado soared to an estimated 12.6 million for the 2013-14 ski season, the best season ever for the state, according to Colorado Ski Country USA (CSCUSA). Visits rose more than 10 percent compared to last season, and more than 8 percent compared to the state&...
SAM Magazine—Salt Lake City, Utah, June 12, 2014—Utah ski and snowboard resorts tallied 4,161,585 million skier day visits in 2013-14, up 3.6 percent from the previous season’s 4,018,812. The 3.6 percent increase marks a great success for the industry, ending above four million for the seventh time in the last nine years, and rank...
SAM Magazine—Terrebonne, Que., June 9, 2014—Total visitation at Quebec ski areas in the 2013-14 season increased a slight .6 percent to a total of 6,044,000 skier days in la belle province, according to the Quebec Ski Areas Association (ASSQ). Participation in the province's various first-timer programs increased significantly, thou...
SAM Magazine—Barcelona, Spain, June 6, 2014—Aspen has been chosen to host the 2017 FIS Alpine World Cup Finals, which include men’s and women’s competitions in downhill, super G, giant slalom, slalom and nation’s team event. The Finals, set for Mar. 15-19, 2017, will be the first to be held outside Europe since 1997, a...
SAM Magazine--Lincoln, N.H., June 6, 2014--At its annual meeting at Loon Mountain, Ski NH reported its sixth best season ever with 2,272,826 visits for the 2013-14 season, just 4,000 less than last season. In addition, there were 147,259 cross-country visits and 120,053 tubers. The skier visit number represented a slight decrease over last season o...
SAM Magazine—Broomfield, Colo., June 6, 2014—Vail Resorts’ (VR) has reported increased net revenues for the third quarter (February through April) due to both increased visits at its Colorado areas and the addition of Canyons, Afton Alps, and Mount Brighton to its resort portfolio. Net income hit $117.9 million, up 20.8 percent fr...
The 2019 World Championships bid team, including (from left) Tiger Shaw, Calum Clark, Jenni Smith, Bob Wheaton and Mike Goar, poses after its successful presentation to win the event for Park City. SAM Magazine--Barcelona, Spain, June 5, 2014--The International Ski Federation (ISF) announced today that the U.S. Ski and Snowboard Association...
SAM Magazine--Killington, Vt., June 4, 2014--At the Vermont Ski Areas Association annual meeting, the final visit tally for the 2013-14 season was announced, which was 4,503,269. The number is nearly identical to the previous season's visits. The 2013-14 season numbers ranks Vermont number one in the east and third in the country, according to ...
