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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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Quebec to Offer Loans for Capital Improvements

SAM Magazine-Montreal, Que., July 7, 2008-In a bid to jumpstart capital improvements at ski resorts in Quebec, the Canadian government has developed a loan program to enable private ski areas presenting a sound business plan for modernization and equipment replacement projects to access loans up to $4 million, repayable over a maximum period of 15 ...

Ski, Skiing Magazines Shrink Circulations

SAM Magazine-Boulder, Colo., July 7, 2008-Skiing and Ski magazines, both from Bonnier Corp., are reducing their rate bases, starting with their September issues. Skiing will move from a rate base of 400,000 to 300,000, and Ski is going from 450,000 to 400,000. The circulation reductions will accomplish two things, according to company executives...

Stenger Group Buys Jay Peak

SAM Magazine-Jay, Vt., July 1, 2008-After nearly 25 years of leading Jay Peak as president and CEO, Bill Stenger, along with a group of private investors, has purchased Jay Peak from Mont Saint Sauver International (MSSI). Stenger has been working on the sale and transition since last fall. MSSI owns and operates several Canadian-based resorts and ...

Crested Butte to Serve Up Accessible Adventure

SAM Magazine-Mt. Crested Butte, Colo., June 26, 2008-Crested Butte Mountain Resort (CBMR) is investing to enhance the guest experience through ncreased and expanded airline service, expanded services and amenities in the base-area hotels, upgrades and remodel of the Treasury Center, a new "Kids Base Camp" replacing Kids World, and expanded terrain....

Solitude To Install Two High Speed Quads

SAM Magazine-Big Cottonwood Canyon, Utah, June 26, 2008-Utah's Solitude has long been known as a sleepy backwater, with slow, fixed grip chairs, plenty of powder and no crowds. Next winter, however, life will become a little faster at the resort, with the summer installation of two high-speed quads in a $7 million lift upgrade. Less than three y...

New Zealand Season Ramps Up After Delayed Openings

SAM Magazine-Snow Park, New Zealand, June 25, 2008-In a scenario which will be familiar to some Northern Hemisphere resort operators, the 2008 season Down Under has been delayed due to unseasonably warm weather. Snow Park, New Zealand's only dedicated terrain park resort, was scheduled to open on June 18, but had to delay operations, as did The Rem...

Deer Valley Expands Employee Housing

SAM Magazine-Deer Valley, Utah, June 25, 2008-Deer Valley will double the ski resort's seasonal employee housing for the 2008-2009 winter. Given the pricy real estate surrounding the ski area, where many homes are valued at more than $1 million, the resort won't build slopeside accommodations for its seasonal workforce. Rather, the ski resort will ...

Tom Richardson Remembered

SAM Magazine--Grand Junction, Colo., June 13, 2008--Thomas W. Richardson, 71, died on June 5, 2008. Richardson started his industry career in 1964, when he was hired by the Aspen Skiing Company as a management trainee. From there, he rose through the ranks to president and CEO, a position he held for three years until his retirement in 1982. Bet...

Mills Named President of CSCUSA

SAM Magazine-Crested Butte, Colo., June 12, 2008-Melanie Mills, director of public affairs for Colorado Ski Country USA (CSCUSA), has become the group's new president. She replaces Rob Perlman, who is leaving to join Steamboat Ski Resort as VP of sales and marketing. Mills' appointment came at the annual CSCUSA meeting here today. The organizati...

Vermont and New Hampshire Report Great Skier Numbers

SAM Magazine--June 12, 2008--Both Vermont and New Hampshire reported their 2007-008 skier visit numbers, and the news was good. First, the Vermont Ski Areas Association announced that 4,354,621 visits took place on Vermont slopes last season, which is a 14 percent increase over the prior season and well ahead of the 10-year average. Next up,...

Larsen Hailed as Forest Service Partner of the Year

SAM Magazine-Portland, Ore., June 11, 2008-The Pacific Northwest Ski Areas Association has named Gary Larsen its 2008 Forest Service Partner of the Year. This honor recognizes environmental stewardship, knowledge of ski area operations, and contributions to administration of special use permits for ski areas. Larsen, the forest supervisor on the...

Mount Snow To Create Dedicated Freeride Mountain

SAM Magazine-West Dover, Vt., June 11, 2008-Vermont's Mount Snow has announced that the ski resort will dedicate the entire Carinthia area as a freeride zone, transforming 95 acres of trails into a massive park system. The new freeride terrain will feature rails, jumps and halfpipes and will cover approximately five miles of terrain at Carinthia...

Snowboarding Top Reason to Visit Emergency Room

SAM Magazine-New York, June 11, 2008-According to a new study on injuries and recreational sports, more snowboarders are sent to the emergency room than participants in any other sport. The study, headed by researchers associated with Centers for Disease Control and Prevention, was reported in the journal Wilderness and Environmental Medicine. The ...

Mt. Bachelor Names Dave Rathbun President and General Manager

SAM Magazine-Bend, Ore., June 10, 2008-After a nationwide search, Mt. Bachelor has named Dave Rathbun president and general manager, succeeding Matt Janney. Rathbun, who moves to Bachelor from its sister resorts Killington and Pico, Vt., where he served as director of marketing, sales, reservations and golf, starts his new position immediately. ...

Willamette Pass Open for Skiing, Riding June 14 and 15

SAM Magazine-Will this season ever end? Willamette Pass will begin summer gondola operations Saturday and Sunday, June 14 and 15, with sightseeing to the top of Eagle Peak and skiing and snowboarding on the Peak 2 lift. Due to all the snow covering the slopes, Willamette is unable to offer its usual summer fare of mountain biking, hiking, and do...