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—Tres Valles, Chile, May 10, 2024—Durango, Colo.-based Mountain Capital Partners (MCP), which already owns Valle Nevado ski resort in Chile’s Tres Valles, has entered an agreement to acquire the adjacent La Parva Ski Resort. Upon closing of the acquisition, MCP would own two of the three resorts in Tres Valles. The third, El Co...
SAM Magazine—Pinedale, Wyo., May 7, 2024—Alan and Robyn Blackburn closed on the sale of White Pine Ski Resort to billionaire Joe Ricketts. White Pine has been on the market for about four years, according to Pinedale Roundup, with at least one acquisition falling through during that time. Ricketts has committed to investing in and improving the...
SAM Magazine—Lac-Beauport, Quebec, May 7, 2024—The Beaulieu family has sold Le Relais ski area to four Quebec businessmen, including former Le Massif executive vice president and managing director Nicolas Racine and Henrick Simard, a ski coach and corporate attorney who reportedly led the acquisition, as well as Francis Moreau and Nicolas Bouch...
SAM Magazine—Jackson Hole, Wyo., May 3, 2024—Peter Wuerslin, a 71-year-old ski instructor, was killed after being struck from behind by another skier who was also travelling downhill on an intermediate trail at Jackson Hole Mountain Resort, April 14. The Teton County coroner has ruled the death a homicide. A separate police investigation is un...
SAM Magazine—Jasper, Alberta, May 1, 2024—More than 425 ski area operators and suppliers gathered in Jasper, Alberta, for networking, education, and late season turns at the Canada West Ski Areas Association (CWSAA) Spring Conference, April 21-24. Katie with Marmot Basin's mountain manager Rob Ellen SAM senior editor Katie Brinton attended t...
SAM Magazine—Lakewood, Colo., May 1, 2024—Russ Coloton and Kenny Hess will receive the 2024 National Ski Area Association (NSAA) Lifetime Achievement Award, which recognizes individuals who have demonstrated an extraordinary lifetime commitment to NSAA and the ski industry, and whose contributions will benefit the industry for decades to come....
SAM Magazine—Salt Lake City, Utah, April 25, 2024—Utah’s 15 ski resorts generated nearly $2 billion in nonresident visitor spending during the 2022-23 ski season, and local skiers contributed almost $700 million more—reflecting a surge in skier visits driven in part by record snowfall—according to an April 2024 report from the Kem C. Gard...
SAM Magazine—Denver, April 24, 2024—Alterra Mountain Company has published its second annual impact report that outlines the company’s social responsibility efforts as part of its “Forward Stance” platform. The 164-page report—organized around the key pillars of people, planet, community, and responsibility—details Alterra’s various...
SAM Magazine—Broomfield, Colo., April 24, 2024—Skier visits are down but revenues are up for Vail Resorts’ North American ski areas during the 2023-24 winter season, according to a report from the company comparing certain ski season metrics year-over-year through mid-April. Season-to-date skier visits were down 7.8 percent in 2023-24 compar...
SAM Magazine—Natick, Mass., April 16, 2024—The nomination period is now open for SAM’s annual “10 Under 30,” supported by Snow Operating. Members of the mountain resort industry are invited to nominate a standout 20-something-year-old mountain resort staff member who is already making a positive impact at the ski area where they work and ...
SAM Magazine—Natick, Mass., March 29, 2024—Four outstanding individuals have been recognized with a 2024 SAMMY Leadership Award for their forward-thinking, boots-on-the-ground dedication, and caring and inspirational leadership. The four honorees are: Jeremy Cooper, vice president of mountain sports development, Boyne Resorts; Katie Ertl, senio...
SAM Magazine—Denver, March 7, 2024—The 2024-25 Ikon Pass suite goes on sale March 14, with 58 destinations and a handful of new benefits. The company has bumped up prices, with the unrestricted Ikon Pass retailing for $1,249 (compared to $1,159 last year) and the Ikon Base Pass on sale for $869 (up from $829 last year). The two- to four-day ...
SAM Magazine—Natick, Mass., March 6, 2024—Both Bombardier Recreational Products, which owns Ski-Doo snowmobiles, and Polaris have issued recalls for certain snowmobile models due to potential safety issues. Bombardier is recalling roughly 8,100 model year 2024 Ski-Doo MXZ and Renegade snowmobiles equipped with Pilot X skis sold in the United S...
SAM Magazine—Concord, N.H., Feb. 22, 2024— Six months after the departure of John “JD” DeVivo, New Hampshire’s Cannon Mountain will soon have a new general manager, Jace Wirth. New Hampshire lawmakers recently approved the salary for Wirth, allowing the Steamboat Springs, Colo., native to take the helm at the state-owned ski area in ...
SAM Magazine—Carrabassett Valley, Maine, Feb. 16, 2024—Today, Sugarloaf is opening West Mountain, a new 120-acre terrain expansion served by a high-speed detachable quad with an uphill capacity of 2,400 skiers per hour, which terminates at the Bullwinkle’s restaurant near the midpoint of the 4,237-foot mountain. Nine of the planned 12 trails ...
