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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

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...

 HEADLINE NEWS - Ski Area Management

Locke Returns to Lake Louise, Will Lift Park Air Ban

SAM Magazine-Lake Louise, Alberta, Nov. 12, 2008-Charlie Locke, the former owner of Lake Louise, has reacquired a 50 percent share in the resort from Resorts of the Canadian Rockies (RCR). As part of the agreement, Locke will assume the role of managing partner for Lake Louise. Locke was instrumental in creating the resort as a primary investor ...

 HEADLINE NEWS - Ski Area Management

Breck, Mount Snow, Northstar Highlight Dew Tour

SAM Magazine-Breckenridge, Colo., Nov. 12, 2008-Colorado's Breckenridge resort will host the first stop of the 2008-09 Winter Dew Tour on Dec. 18. The tour will also make stops at Vermont's Mount Snow (Jan. 8) and California's Northstar-at-Tahoe (Feb. 19). The tour will feature many of park and pipe's biggest names, including Simon Dumont, Tanner H...

 HEADLINE NEWS - Ski Area Management

Yellowstone Files for Bankruptcy Protection

SAM Magazine-Bozeman, Mont., Nov. 11, 2008-The Yellowstone Club filed for Chapter 11 bankruptcy protection yesterday, with a combined debt of $344 million and assets listed at $1.1 billion. The club is seeking court approval for a $4.5 million loan from Credit Suisse-to which it already owes $307 million-that would allow the resort to remain open a...

 HEADLINE NEWS - Ski Area Management

Cold Temps, Snow Spark Openings Across Western North America

SAM Magazine-Copper Mountain, Colo., Nov. 7, 2008-The North American ski season has kicked off in earnest, with resorts opening across the continent. Early openings include Snowbird, which is taking advantage of more than 40 inches of snow this month to chalk up the second earliest opening in the ski area's history to open today. Colorado ski ar...

 HEADLINE NEWS - Ski Area Management

Wachusett Sees Positive Economic Indicators

SAM Magazine-Princeton, Mass., Nov. 7, 2008-Despite the flurry of recent negative economic news, Wachusett Mountain Ski Area has seen several positive indicators this fall. Among them: attendance at the resort's several fall festivals was up more than 20 percent, including record attendance at some events. Sales during the annual Columbus Day eq...

 HEADLINE NEWS - Ski Area Management

Crested Butte Launches Adventure Skiing Program

SAM Magazine-Mt. Crested Butte, Colo., Nov. 7, 2008-Crested Butte Mountain Resort is teaming up with Crested Butte Mountain Guides to offer a new "Adventure Guide Program" this winter. The program will combine backcountry ski skills and education with guided in-bounds and out-of-bounds skiing. "This is the perfect addition to our programs," says...