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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

Monarch Offers Multi-Resort Season Passes

SAM Magazine-Salida, Colo., July 12, 2007- This winter, Monarch season passholders can ski free or at a discounted rate during the 2007-08 winter season at nine other Western ski areas. The resorts that Monarch has partnered with for this program also offer similar free or discounted rates at Monarch to their passholders. Colorado skiers have lo...

 HEADLINE NEWS - Ski Area Management

Cannon Mountain Gets New General Manager

SAM Magazine-Concord, N.H., July 12, 2007-The New Hampshire Department of Resources and Economic Development has hired John DeVivo to be the new general manager for Cannon Mountain Resort and Franconia Notch State Park.DeVivo assumes his new role on Friday, July 13th. DeVivo had previously been vice president of mountain operations at Attitash R...

 HEADLINE NEWS - Ski Area Management

Snowmass Village To Seek LEED Neighborhood Certification

SAM Magazine-Snowmass, Colo., July 11, 2007-The developers of Snowmass Mountain's new resort village are seeking to make the $2 billion project one of the first developments of its kind to be chosen for the new LEED (Leadership in Energy and Environmental Design) Pilot Neighborhood Development certification program. Developer Related WestPac say...

 HEADLINE NEWS - Ski Area Management

California Resort Visits Plunged in 2006-07

SAM Magazine-San Francisco, Calif., July 11, 2007-The California Ski Industry Association reports that California resorts hosted 6.2 million visits last winter, a drop of more than 20 percent from the 7.8 million skier visits the areas recorded in the 2005-06 season. The state has averaged 7.3 million visits over the past ten years. "The culprit...

 HEADLINE NEWS - Ski Area Management

Crans-Montana Adds Snowmaking, Lift

SAM Magazine-Crans-Montana, Switz., July 11, 2007-Swiss resort Crans-Montana has embarked on extensive improvements to the mountain's snowmaking system. The resort hopes the upgrades will allow it to provide adequate snow cover with only 70 hours of work when the weather cooperates. The aim is to provide a consistent skiing surface by the Christmas...

 HEADLINE NEWS - Ski Area Management

Sugarloaf Scores 2008 U.S. Alpine Championships

SAM Magazine-Carrabassett Valley, Me., July 11, 2007-Sugarloaf will host the 2008 U.S. Alpine Championships, the second time in three years it will host the championships. The resort also hosted the U.S. Alpine Championships in 2006. "Sugarloaf has been a great host for us and has a strong history of outstanding races," U.S. Alpine Director Jess...

 HEADLINE NEWS - Ski Area Management

Big Horn Ownership Unchanged

SAM Magazine-Buffalo, Wyo., July 11, 2007-Big Horn Mountain Resorts, which had recently offered to sell the Big Horn Mountain Ski Resort, Meadowlark Lake Resort, Deer Haven Resort and the Wilderness Ranch through an auction process, remains the properties' owner. No bids were received for the purchase of all four resorts by a single bidder-Big Horn...

 HEADLINE NEWS - Ski Area Management

Steamboat Takes Aim at New York

SAM Magazine - Steamboat, Colo., July 8, 2007 - Steamboat has announced that the northern Colorado resort will aggressively market itself to New York skiers and is putting its money where its mouth is by adding additional airplane seats on direct flights from New York to the ski town. The flights, scheduled for Saturdays, will have the potential to...

 HEADLINE NEWS - Ski Area Management

Whitefish CEO Hangs Up Hat

SAM Magazine - Whitefish, Mt., July 6, 2007 - Whitefish (formerly Big Mountain) CEO and President Fred Jones has announced that he is retiring. Jones, who is expected to be retained by the resort as a consultant, will be replaced by Daniel Graves. Jones leaves the resort during a period of transition for the brand. Last month the ski area change...

 HEADLINE NEWS - Ski Area Management

Russia Tagged To Host Winter Games

SAM Magazine-Guatemala City, Guatemala. July 5, 2007-The International Olympic Committee has chosen the Russian resort of Krasnaya Polyana and the adjacent town of Sochi to host the 2014 Winter Games, beating out Salzburg, Austria, and Pyeongchang, South Korea. "The Winter Olympic Games in Russia for the first time in our history stand as a his...

 HEADLINE NEWS - Ski Area Management

Loon To Invest $10 Million On South Peak

SAM Magazine-Lincoln, N.H., July 5, 2007-New Hampshire's Loon Mountain has started a $10 million investment on the resort's South Peak expansion. The development, which is expected to open in December, features a new high speed quad, which will serve approximately 50 acres of intermediate and advanced terrain. The area will be accessed by an additi...

 HEADLINE NEWS - Ski Area Management

Dolomiti Superski Region Adds Gondolas, Quads

SAM Magazine-Selva Gardena, Italy, July 5, 2007-A swath of improvements in the Italian Dolomiti Superski region this summer includes high speed quads, gondolas and additional snowmaking. The new lifts include a new covered detachable quad chairlifts in Cortina d'Ampezzo and Val di Fiemme/Obereggen. Val di Fiemme/Obereggen will also add more snowmak...

 HEADLINE NEWS - Ski Area Management

Australian Resorts Plant Seeds For Snow

Australian Resorts Plant Seeds For Snow SAM Magazine-Melbourne, Australia, July 5, 2007-With preliminary results in from three years of cloud-seeding tests, Australian resorts are pushing the New South Wales government to continue the program. Cloud seeding trials begun in 2004 aimed to increase snow depth in the target area by 10 percent. A s...

 HEADLINE NEWS - Ski Area Management

NSAA President Declares 60 the new 50

SAM Magazine--Lakewood, Colo., June 29, 2007--In a move designed to address the aging population of Boomer skiers, Michael Berry, president of the National Ski Areas Association, has declared that 60 is the new 50. Ironically, the move coincides with Berry's own 60th birthday tomorrow, June 30. "Age is a frame of mind," declared Berry, rather ...

 HEADLINE NEWS - Ski Area Management

Park City To Be Site of USSA Training Center

SAM Magazine-Park City, Ut., June 28, 2007-Park City will be the home of USSA's new national training center. Dubbed the Center of Excellence, the facility will be a state-of-the-art structure with world-class facilities designed to improve athletic performance. Construction on the $22.5 million center will begin this summer, with groundbreaking Ju...