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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

Snow Brings Terrain Openings, Discounts Across North America

SAM Magazine - Vail, Colo., December 9, 2008 - Recent storms across the Rocky Mountains and other parts of North America have sparked terrain openings. But resorts seem unwilling to rely upon Mother Nature to drive guest bookings and are aggressively marketing discounted vacation packages and other deals to drive business over the upcoming holiday ...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Slashes Staff, Freezes Pay for Top Execs

SAM Magazine-Vail, Colo., Dec. 7, 2008-In response to the economic downturn, Vail Resorts has laid off 50 year-round employees, eliminated 92 open positions, and frozen executive pay. In addition, the company will stop matching employee contributions to the company's 401 (k) plan. The cuts were announced last week in a memo sent by Vail Resort C...

 HEADLINE NEWS - Ski Area Management

CNL Purchases Triple Peaks

SAM Magazine-Ludlow, Vt., Dec. 5, 2008-CNL Lifestyle Properties, Inc. is purchasing Okemo, Vt., Crested Butte, Colo., and Mount Sunapee, N.H., from Tim and Diane Mueller's Triple Peaks LLC, and leasing the properties back to Triple Peaks to manage the ski, golf, hospitality and conference operations under a long-term lease. Purchase price is report...

 HEADLINE NEWS - Ski Area Management

Alyeska Hits 200 Inches, Other Resorts See Snow

SAM Magazine - Girdwood, Ak., December 3, 2008 - After a dry November across North America delayed some openings and forced snowmaking crews to work overtime, winter seems to finally have arrived. Alaskan resort Alyeska received more than 117 inches over the last week, pushing the ski area's total to more than 200 inches on the year. "This is t...

 HEADLINE NEWS - Ski Area Management

Smithers Master Plan Approved

SAM Magazine - Smithers, B.C., - Ski and Ride Smithers, a northern British Columbia resort, has received approval for the resort's master plan. The plan features a a multi-year expansion including ski terrain and retail and residential development. The primary feature of the plan are trails to connect the mountain, which will change its name to Hu...

 HEADLINE NEWS - Ski Area Management

Mount Washington Sees Holiday Gains Over Thanksgiving

SAM Magazine - Bretton Woods, NH., December - When it snows, they will come. At least that's the lesson that Chris Ellms, Mount Washington Resort's director of ski operations, is drawing from a Thanksgiving holiday weekend that was up by 22 percent over the previous season at Bretton Woods. "We're thrilled, of course, but not completely surprise...

 HEADLINE NEWS - Ski Area Management

Uphill Skiers Frustrate Breckenridge Mountain Ops Staffers

SAM Magazine-Breckenridge, Colo., Dec. 3, 2008-Uphill traffic is growing at several Colorado resorts including Aspen and Breckenridge. At the latter, the traffic is starting to frustrate mountain operations crews, who are looking to limit uphill access for safety reasons. Breckenridge ski resort can see up to 50 people each weekend who skin or s...

 HEADLINE NEWS - Ski Area Management

Snow Jumpstarts Season Across Europe

SAM Magazine-Zermatt, Switzerland, Nov. 26, 2008-Huge snowfalls in recent weeks have brought fantastic early-season conditions to ski resorts across Europe, according to Patrick Thorne's www.Skiinfo.com. Resorts in Austria, France, Germany, Italy, Norway and Switzerland have reported more than three feet in the past five days, and more than 200 ski...

 HEADLINE NEWS - Ski Area Management

DeBerry to Head Mountain Creek

SAM Magazine-Vancouver, B.C., Nov. 25, 2008-Frank DeBerry has become president and chief operating officer at Mountain Creek, N.J. DeBerry will be responsible for all aspects of Mountain Creek's resort operations and will report to Hugh Smythe, Intrawest's senior vice president of mountain resorts, as do Intrawest's other eastern mountain resorts. ...

 HEADLINE NEWS - Ski Area Management

Openings Mixed Due To Weather

SAM Magazine-Park City, Ut., Nov. 25, 2008 -While many areas have opened across the Eastern U.S., thanks to a persistent cold wave, resort openings are mixed across the west, where warm weather has delayed the start of skiing at The Canyons (to Dec. 5) and Park City (to Nov. 28). Many Colorado resorts are open, though, and Whistler will open a day ...

 HEADLINE NEWS - Ski Area Management

Ski Area Citizens Coalition Releases Environmental Rankings

SAM Magazine-Durango, Colo., Nov. 25, 2008-Winter resorts received a record 18 A grades in the Ski Area Environmental Scorecard this year, compared to 12 last year, thanks to increased efforts to reduce energy consumption, install green energy technologies and reduce greenhouse gases. "Ski areas have accelerated their efforts to become more ener...

 HEADLINE NEWS - Ski Area Management

Mount Snow To Only Report On Open Acreage

SAM Magazine - West Dover, Vt., November 21, 2008 - Mount Snow has announced that the resort is tweaking its snow reporting methods and will no longer list "runs open", focusing instead on acreage available for skiing. The ski area says that the move will increase snow and condition reporting accuracy, and give guests a better feel for exactly what...

 HEADLINE NEWS - Ski Area Management

Aspen Partners With UPS To Ship Luggage

SAM Magazine--Aspen, Colo.., November 21, 2008, 2008 --The Aspen Skiing Company has developed a partnership with shipping company UPS to create a program which allows guests to ship skis and snowboards, bypassing the latest baggage fees implemented by airlines. Resort guests can save approximately $50 to $300 depending on the number of bags bei...

 HEADLINE NEWS - Ski Area Management

Fortune Joins Snow King as Director of Recreation

SAM Magazine-Jackson, Wyo., Nov. 12, 2008-Tom Fortune has joined Snow King Resort as director of recreation, a new position that includes overall management of the Snow King ski area as well as summer operations and management of the Snow King Center, a year round ice skating arena and conference center which is owned by the city of Jackson and ope...

 HEADLINE NEWS - Ski Area Management

Liftopia Doubles Number of Resorts Selling Discount Tickets

SAM Magazine-San Francisco, Nov. 12, 2008 -Call it a sign of the times: online lift ticket discount retailer Liftopia has doubled the number of resorts that use the service, to more than 80, for the 2008-09 season. The roster includes Park City, Crested Butte, Taos, Snowbird, and Arapahoe Basin. "We hope that we can help get more people on the hill...