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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

Skiing, Snowboarding, Obesity All Grew in 2008

SAM Magazine-Mount Prospect, Ill., July 13, 2009-According to data in the NSGA Sports Participation survey, there were 6.5 million Americans age 7 or older who skied more than once in 2008, along with 5.9 million snowboarders. Those figures represented increases of 1.9 percent and 15.6 percent, respectively, from 2007. Snowboarding was one of six s...

 HEADLINE NEWS - Ski Area Management

Catedral Ski Area Enables Ticket Purchases Anywhere

SAM Magazine-Bariloche, Argentina, July 13, 2009-Catedral ski area in Bariloche, Argentina, the biggest ski area in South America, is selling an online ski pass this winter enabling guests to purchase ski passes wherever they are with a credit card. The online ski pass then automatically downloads to a KeyCard or Proximity Card electronic lift tick...

 HEADLINE NEWS - Ski Area Management

Mt. Bachelor Introduces Variable Day-Ticket Pricing, Other Options

SAM Magazine-Bend, Ore., July 9, 2009-Mt. Bachelor has introduced innovative, season-long, conditions-based pricing for single day tickets for 2009-10. The area has also released its season pass programs, including a payment plan to spread payments over several months, along with a guide that points out the most appropriate pass and day-ticket choi...

 HEADLINE NEWS - Ski Area Management

New Hampshire Visits Dropped 3 Percent in 2008-09

SAM Magazine-North Woodstock, N.H., July 7, 2009-New Hampshire ski resorts hosted 2,289,426 alpine skier and snowboarder visits in 2008-09, a slight decline of 3 percent from the record winter of 2007-08, as consistent snowfall and cold temperatures trumped a weak economy. The 2008/09 season was the third-best year since statewide skier visits were...

 HEADLINE NEWS - Ski Area Management

Around the World Snow Report

SAM Magazine--July 1, 2009--www.Skiinfo.com reports that summer ski and southern hemisphere resort openings takes the world tally past 60 choices in a dozen countries www.skiinfo.com reports that all three of the glacier ski areas that are still opening each year for summer skiing in France are now open, following Val d'Isere's summer snow o...

 HEADLINE NEWS - Ski Area Management

Red Lodge Names Jeff Schmidt as General Manager

SAM Magazine-Red Lodge, Mont., June 30, 2009-Red Lodge Mountain Resort has named Jeff Schmidt as its new general manager. Schmidt joined Red Lodge in 2008 as director of mountain operations and has 24 years experience in the ski industry. Having grown up in Billings, Mont., Schmidt spent much of his youth skiing at Red Lodge and is familiar with...

 HEADLINE NEWS - Ski Area Management

Magic Mountain Asks Fans to Buy into the Area

SAM Magazine-Londonderry, Vt., June 29, 2009-Magic Mountain is selling shares of the mountain, offering ownership opportunities to the resort's skiers, snowboarders and enthusiasts. Modeled after the Mad River Glen ski area co-op, the move aims to increase customer loyalty and fund significant upgrades to the resort. The resort is establishing a...

 HEADLINE NEWS - Ski Area Management

New York Resorts Top 4 Million Visits in 2008-09

SAM Magazine-New York, June 23, 2009-New York State surpassed four million skier visits over the 2008-09 season, a record-breaking number for the state that made it the fourth most popular ski state last winter, behind Colorado, California, and Vermont. To support the state's resorts last winter, New York State's Division of Tourism partnered wi...

 HEADLINE NEWS - Ski Area Management

Petrick to Direct Global Marketing for Rossignol

SAM Magazine-Park City, Utah, June 18, 2009-Rossignol has named Tim Petrick vice president of global sales and marketing, effective July 1. Petrick will oversee the worldwide strategic direction of the Dynastar, Lange, Look and Rossignol ski and snowboard brands, working from Rossignol's global headquarters in France. Petrick had been vice presiden...

 HEADLINE NEWS - Ski Area Management

Telluride to Host Snowboard World Cup

SAM Magazine-Telluride, Colo., June 18, 2009-Telluride Resort will be the sole U.S. stop of the LG FIS Snowboard World Cup and will feature an SBX and PGS competition during what will be the second in a series of five Olympic qualification events for the two sports. "We're thrilled to bring the World Cup to Telluride," said Telluride Ski & Golf ...

 HEADLINE NEWS - Ski Area Management

Utah Visits Declined 6.5 Percent in 2008-09

SAM Magazine-Salt Lake City, June 17, 2009-The Utah ski and snowboard industry closed the 2008-09 winter season with a total of 3,972,984 skier days, down 6.5 percent from the previous year's record total of 4,249,190. The showing for Utah was typical for the Rocky Mountain region, according to NSAA's national tally. The region as a whole exper...

 HEADLINE NEWS - Ski Area Management

High Country Media to Offer Multiple Paths to Consumers

SAM Magazine-Boulder, Colo., June 17, 2009-Several former members of Bonnier Publications' Mountain Sports Media have formed a new company, High Country Media, which will unveil a suite of print, digital, membership, and radio properties in September 2009. These include a relaunched Mountain Sports + Living magazine, a direct-to-consumer membership...

 HEADLINE NEWS - Ski Area Management

Whistler's Blackcomb 7,000 Year Old Glacier "Shrank By Half in Past Century"

Snow Hunter, Whistler, B.C., June 16, 2009--A report in Canada's Globe & Mail newspaper says that the 7,000-year-old Horstman Glacier has lost half its volume in the past century, and that the rate of melt has accelerated in the past decade with more than 10 per cent lost since 1999. The glacier which re-opens for summer ski and boarding later...

 HEADLINE NEWS - Ski Area Management

FIS Launch SnowKidz Campaign

Snow Hunter, June 17, 2009--The International Ski Federation has launched a campaign to help get more children around the world in to snow sports. Their 'Bring Children to the Snow' - SnowKidz - is aimed at children aged 4-14, and their parents. The campaign uses some 'approachable super heroes' figures who take care of children and youngsters a...

 HEADLINE NEWS - Ski Area Management

Wind Turbine Planned For Second New England Resort

Snow Hunter--Massachusetts. June 16, 2009--Massachusetts' Jiminy Peak Mountain Resort was the first ski area to erect a wind turbine, one of the largest ever built by a private company, but now a second New England ski resort will construct a big turbine to generate power itself. The smaller Berkshire East ski area will build a smaller windmill g...