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...
SAM Magazine--Burlington, Vt., November 16, 2006--After four years of tracking helmet use among skiers and snowboarders at three Vermont Ski areas, the Vermont Snow Sports Research Team announced it is expanding its project to up to eight additional Vermont resorts, thanks to a collaboration with the Vermont Ski Areas Association (VSAA). The res...
SAM Magazine - Sugarloaf/USA and Sunday River, Maine, November 14, 2006 -Sugarloaf/USA and Sunday River have become the largest purchasers and consumers of wind power in New England. Both Maine resorts have jointly chosen to offset 100 percent of their resort operations' electricity usage with energy generated from wind. Wind energy exclusively wil...
SAM Magazine - Vail, Colorado, November 14, 2006 - Resorts have faced a mixed bag of weather over the past week. With snow and cold temperatures in the west and warm eastern temps, the outlook for Thanksgiving openings is mixed. Groomers putting final touches on Winter Park slopes. The situation is the best in the western region of Nort...
SAM Magazine-Yellowstone, Mont., Nov. 8, 2006-Tim Blixseth, the developer of Montana's Yellowstone Club, is being sued by three-time Tour de France champion Greg LeMond. LeMond, an early investor in two of the companies that control the Yellowstone club, claims that Blixseth has cheated him out of millions of dollars. Blixseth has counter-sued L...
SAM Magazine-Middlebury, Vt., Nov. 8, 2006-Middlebury College Snow Bowl is raising the bar on carbon dioxide offsets. According to Middlebury College assistant treasurer and director of business services Tom Corbin, "The Middlebury College Snow Bowl may well be the first ski area to take carbon neutrality to this level by offsetting electric, gas, ...
SAM Magazine - Keystone, CO, November 7, 2006 - Vail Resorts has named Patricia Campbell the new chief operating officer of Keystone Resort. Campbell will report directly to Roger McCarthy, co-president of Vail Resorts' mountain division and chief operating officer of Breckenridge. Patricia Campbell For the past six years, Campbell has been...
SAM Magazine - Denver, Co, November 7, 2006 - It's a gutsy, innovative move that could change the face of skiing and snowboarding. It's also the kind of bold action that you'd expect from Denver Mayor John Hickenlooper, who made his fortune as an entrepreneur in the restaurant business. Hickenlooper was the most famous face among many city of De...
SAM Magazine--Findley Lake, N.Y., November 6, 2006--The new ownership group of New York's Peek'n Peak Resort and Conference Center expects to pump massive infusions of cash into the resort over the next ten years. The investment is part of a revitalization plan for the resort implemented by Kiebler Recreation, LLC and Kiebler Properties. The group,...
SAM Magazine--Woodbury, CT, November 6, 2006--It may come as a surprise to those enjoying some balmy fall days in New England, but the region is open for skiing, courtesy of plucky Woodbury ski area, which pulled out all the snowmaking stops to open on Friday. With man-made conditions and a solid base, the ski area clocked a record attendance on it...
SAM Magazine--Idaho Springs, CO, November 6, 2006--Colorado's Clear Creek County has delayed a crucial planning meeting on the rezoning of the former St. Mary's ski area and the opening of the new Eclipse ski resort on the property. Eclipse, which is headed by Michael Coors of the Coors brewing dynasty, hopes to open this winter. The County Plannin...
SAM Magazine-Denver, Nov. 2, 2006-A series of early storms have allowed Colorado resorts to get the jump on the ski season. Currently Loveland, Arapahoe Basin, Wolf Creek and Copper Mountain are open, with more resorts planning to fire up the lifts soon-including Keystone tomorrow. The state benefited from substantial October snowfall, which left u...
SAM Magazine-Vancouver, Nov. 2, 2006-Joe Houssian, Intrawest founder and CEO, is retiring, and Intrawest president and chief operating officer Alex Wasilov replaces him effective immediately. Wasilov, who joined Intrawest two years ago, will report to Fortress Investment Group CEO Wes Edens and managing director Bill Doniger. Houssian will serve in...
SAM Magazine - Champion,Pa, October 31, 2006 - Scott L. Bender has been promoted to the Chief Executive Officer position at Pennsylvania's Seven Springs Mountain Resort. A familiar face in the organization - he has been employed with the resort since 1983 - Bender's prior positions include President, Chief Operations Officer and Chairman of the Bo...
SAM Magazine-Park City, Utah, Oct. 30, 2006-American Skiing Company cited strong season pass sales, continued growth at The Canyons resort, and excellent performance at Steamboat resort as factors behind a record-setting revenue year. Significantly, ASC also made payment in full of the principal balances of all real estate-related debt as a result ...
SAM Magazine - Lakewood, CO, October 30, 2006 - Alpine Meadows, Calif., Grand Targhee, Wyo., and Middlebury College Snow Bowl, Vt., have recently joined 16 other ski areas that are offsetting 100 percent of their energy use by purchasing renewable energy. Together, these 19 resorts are purchasing 258,574,498 kWh of green energy and their purchases ...
