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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

Rain, Flooding Disrupts Northeast Ski Area Operations

SAM Magazine—Dover, Vt., Dec. 19, 2023—Several inches of rain fell across most of New England Sunday into Monday, causing many ski areas to temporarily suspend operations due to the heavy precipitation and high winds or significant local flooding, or both. According to early reports, damage to resort infrastructure appears to be limited. Damage...

 HEADLINE NEWS - Ski Area Management

New Lone Peak Tram Opens at Big Sky Resort

SAM Magazine—Big Sky, Mont., Dec. 19, 2023—Lone Peak tram, the largest on-mountain infrastructure project in Big Sky Resort’s history, opens today. Courtesy of Big Sky ResortThe resort broke ground on the installation in summer 2022 and began load testing the new Doppelmayr/Garaventa ropeway system in November of this year.  The grand openi...

 HEADLINE NEWS - Ski Area Management

PSIA-AASI and Vail Resorts, Town of Vail to Host Interski 2027

SAM Magazine—Lakewood, Colo., Dec. 14, 2023—The Professional Ski Instructors of America and American Association of Snowboard Instructors (PSIA-AASI), in partnership with Vail Resorts and the town of Vail, Colo., will host Interski 2027.Interski 2023, courtesy of PSIA-AASI The event, held every four years at different locations, will bring toge...

 HEADLINE NEWS - Ski Area Management

Bookings Decline at Western Destinations

SAM Magazine—Winter Park, Colo., Dec. 13, 2023—Modest snowfall across much of the West and rate-sensitive customers weary of high prices combined to bring down on-the-books occupancy (and some daily rates) for the full winter season, according to DestiMetrics, the Business Intelligence division of Inntopia, in its most recent Monthly Market Bri...

 HEADLINE NEWS - Ski Area Management

Powder Mountain to Offer Private Skiing for Homeowners, Install Three New Lifts

SAM Magazine—Eden, Utah, Dec. 13, 2023—In order to keep Powder Mountain financially viable, CEO Reed Hastings plans to sell more real estate at the property and provide homeowners with an area of lift-served terrain that only they can access beginning in 2024-25. The rest of the 8,464-acre resort will remain open to the public.  “While many...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Reports on Continued Pass Sales Growth, New Capital Plan

SAM Magazine—Broomfield, Colo., Dec. 8, 2023—On a Dec. 7 earnings call, Vail Resorts CEO Kirsten Lynch reported continued pass sales growth in both units and revenue for the company headed into the 2023-24 season. Pass product sales for the North American ski season increased approximately 4 percent in units and approximately 11 percent in sale...

 HEADLINE NEWS - Ski Area Management

Shaun White Invests in Windells, High Cascade Parent Company

SAM Magazine—Mt. Hood, Ore., Dec. 8, 2023—Legendary snowboarder Shaun White is part of a trio of big names making a significant investment in We Are Camp, the parent company of Windells action sports camp and High Cascade snowboard camp, which White attended as a youth, helping to propel his career.  We Are Camp operates action sports camps f...

 HEADLINE NEWS - Ski Area Management

Indy Pass, Entabeni, Unofficial Networks to Aid Hickory Ski Center

SAM Magazine—Warrensburg, N.Y., Dec. 5, 2023—Hickory Ski Center is getting a lifeline to fund payment for liability insurance that will allow the ski area to open its lifts for the first time since 2015.  Indy Pass and Entabeni Systems CEO Erik Mogensen and Unofficial Networks publisher Tim Konrad are providing financial assistance to pay a $...

 HEADLINE NEWS - Ski Area Management

Death of 6-Year-Old Raises Questions About Lift Safety, Training

SAM Magazine—Saint-Côme, Quebec, Dec. 1, 2023—The coroner’s report about the Jan. 29, 2023, death of a 6-year-old girl at Val Saint-Côme resort in Quebec calls into question ski area staff training and safety practices, as the investigation revealed several missteps during the accident.   According to the report, Lily Leblanc was in a sk...

 HEADLINE NEWS - Ski Area Management

Vail Resorts to Acquire Crans-Montana in Switzerland

SAM Magazine—Broomfield, Colo., Dec. 1, 2023—Vail Resorts has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group (CPIPG), the majority owner of Remontées Mécaniques (French for “ski lifts”) Crans Montana Aminona (CMA) SA, which controls and operates all the resort's lifts and supporti...

 HEADLINE NEWS - Ski Area Management

Salt Lake Named Preferred Host for 2034 Winter Games

SAM Magazine—Salt Lake City, Nov. 30, 2023—The International Olympic Committee (IOC) yesterday named Salt Lake City as the “preferred city” to host the 2034 Olympic and Paralympic Winter Games. Once a preferred host has been selected, no other cities are permitted to apply to host the same Games, making Salt Lake now the sole candidate for ...

 HEADLINE NEWS - Ski Area Management

Capacity Management, Parking Brought to Fore in Park City Suit

SAM Magazine—Park City, Utah, Nov. 27, 2023—Vail Resorts lost its appeal of the Park City planning commission’s decision to deny approval to Park City Mountain for installing two new chairlifts that would effectively replace three existing chairlifts.  At the heart of the court’s decision were two issues that have been the source of ire a...

 HEADLINE NEWS - Ski Area Management

Ski Season’s Slow Start Continues

SAM Magazine—Wardsboro, Vt., Nov. 22, 2023—Inconsistency has been the theme so far in this young winter season across North America. Stratton Mountain Opening DayThere's been just enough snow and cold to get some ski areas’ lifts spinning, while others wait for their window to make enough snow for a good product. Several areas have had to pus...

 HEADLINE NEWS - Ski Area Management

Alterra Appoints Perlman, Cohen to New EVP Roles; Seeks Presidents for Steamboat and Mammoth

SAM Magazine—Denver, Nov. 16, 2023—Alterra Mountain Company has appointed Ron Cohen, president and COO of Mammoth Mountain, Calif., and Rob Perlman, president and COO of Steamboat, Colo., to the newly created roles of executive vice president (EVP), regional operations.Rob Perlman In that capacity, both will serve on Alterra’s executive leade...

 HEADLINE NEWS - Ski Area Management

Newberry Named VP and GM at Kirkwood

SAM Magazine—Kirkwood, Calif., Nov. 16, 2023—Ricky Newberry has been named VP and GM of Kirkwood Mountain Resort. Newberry comes from Heavenly, where he’s served as VP of mountain operations since 2021. However, he started his 23-year ski industry career at Kirkwood in 1999, straight out of college, on the ski patrol. Both ski areas are owned...