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—Big Cottonwood Canyon, Utah, Sept. 6, 2023—Just days after it reported its first dusting of snow for the season, Solitude, Utah, will unveil the first phase of its new Solitude Bike Park on Friday, Sept. 8, with four new downhill mountain bike trails—six miles total—that range from easy to difficult. “With this initial pha...
SAM Magazine—Park City, Utah, Aug. 29, 2023—Pacific Group Resorts, Inc. (PGRI) is making a series of executive changes to accommodate its growth and to align itself for future expansion. PGRI owns five North American mountain resort properties—Jay Peak, Vt.; Mt. Washington Alpine Resort, B.C.; Powderhorn Mountain Resort, Colo.; Wintergreen Re...
SAM Magazine—Kelowna, B.C., Aug. 28, 2023— More than 1,000 wildfires have scorched Canada this summer, marking the country’s fourth consecutive year of grappling with severe drought conditions. Courtesy of Panorama Mountain ResortMountain communities in British Columbia have been directly impacted and ski areas have stepped up to help. In a h...
SAM Magazine—Natick, Mass., Aug. 28, 2023—The 2023 Rise Up Challenge, sponsored by Leitner-Poma of America, highlighted up-and-coming lift mechanics and their lift maintenance teams from six ski areas across North America: Arapahoe Basin, Colo.; Deer Valley, Utah; Killington Resort, Vt.; Mansfield Ski Club, Ont.; Mt. Hood Meadows, Ore.; and Pow...
SAM Magazine—Park City, Utah, Aug. 24, 2023—Alterra-owned Deer Valley has partnered with Extell Development Company to operate the planned skiable terrain that was part of Extell’s adjacent Mayflower Mountain Resort project, adding 3,700 acres of terrain that will connect to Deer Valley’s existing network of trails, nearly tripling the skia...
THIS REPORT WAS UPDATED ON AUG. 25. SAM Magazine—Las Vegas, Aug. 23, 2023—Lee Canyon Ski and Snowboard Resort has closed its summer mountain operations for the season after an initial assessment of the damage caused by flash flooding associated with Tropical Storm Hilary led the U.S. Forest Service to indefinitely extend its closure of the ...
SAM Magazine—Denver, Aug. 22, 2023—Alterra Mountain Company closed on the purchase of Schweitzer in Idaho, bringing the company’s total year-round mountain destinations to 17 properties throughout North America. “With the acquisition of Schweitzer, we are excited to expand our presence within the Pacific Northwest skier market,” said ...
In SAM’s Snow People, we highlight recent personnel moves that have been made in the mountain resort industry. From resort hires, promotions, and retirements to supplier news, awards and obits, we celebrate the people that make this industry thrive. PEOPLE JAY RYDD, DIAMOND PEAK RESORT Diamond Peak Resort has promoted Jay Rydd to operations ma...
SAM Magazine—Lake Geneva, Wis., Aug. 21, 2023—Midwest ski operators and industry suppliers descended on Grand Geneva Resort & Spa for the Midwest Ski Areas Association (MSAA) annual meeting and tradeshow, Aug. 13-16. Attendance for this year’s conference was strong, with Amy Reents, executive director of MSAA, reporting record attendance ...
SAM Magazine—Winter Park, Colo., Aug. 17, 2023—Data from research firm DestiMetrics, a division of Inntopia, has revealed that travelers to the western United States are booking summer lodging closer to their planned arrival date this year compared to previous years, but they’re still booking. This was comforting news, after data in March ...
SAM Magazine—Australia, Aug. 17, 2023—Warm temperatures in July and into August have put a damper on snow conditions at Australian ski areas, but snow earlier this week and cold weather forecasted for the coming days have operators looking optimistically at a strong finish to the season. Hotham Mountain “The whole of Australia experience...
SAM Magazine—Turin, N.Y., Aug. 9, 2023—An apparent EF-3 tornado with peak wind speeds of 140 mph damaged all three chairlifts and several structures at Snow Ridge Ski Resort on Monday evening. The National Weather Service reported that the tornado touched down around 7:42 p.m. in the town of Lewis, N.Y., where it uplifted the roofs of two ho...
SAM Magazine—Banff, Alberta, Canada, Aug. 9, 2023— A power outage on the Banff Gondola, owned by attraction and hospitality company Pursuit, stranded hundreds of sightseers at the top of Sulphur Mountain Monday night, leading some to eventually hike down in the middle of the night. The Globe and Mail newspaper suggested that as many as ...
THIS REPORT WAS UPDATED ON AUG. 14 SAM Magazine—Portland, Ore., Aug. 4—The role and impact of reciprocal pass agreements has been put in the spotlight as Indy Pass has requested its partner resorts terminate their reciprocal deals with Ski Cooper, Colo., whose large and growing roster of pass partnerships has put it in position to potentially ...
SAM Magazine—Teton Village, Wyo., Aug. 4, 2023 – After 31 years of ownership, Jay, Connie, and Betty Kemmerer have sold Jackson Hole Mountain Resort (JHMR) to a group of local investors for an undisclosed amount. Owners of JHMR Connie, Betty and Jay KemmererThe Kemmerers, who purchased JHMR in 1992, said their highest priority was maintaining J...
