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—Portland, Ore., April 27, 2022—Indy has rebranded its primary pass product as the Indy Base Pass. The Indy Base Pass—not to be confused with the similar-sounding Ikon Base Pass—will continue to provide two days at Indy’s roster of independent partner resorts, subject to newly reduced blackout dates. The Indy+ Pass will remain...
SAM Magazine—Washington, D.C., April 21, 2022—The U.S. Forest Service issued final directives clarifying e-bike definitions and use management on National Forest System lands. Per the directive, all e-bikes, including Class 1 pedal-assist-only e-bikes, are now classified as motorized vehicles. As such, e-bikes are not allowed on non-motorized t...
SAM Magazine—Lakewood, Colo., April 21, 2022—The Department of Homeland Security (DHS) released 35,000 additional H-2B visas for employers with start dates between April 1 and Sept. 30, according to the latest Capitol Watch from the National Ski Areas Association (NSAA). The release more than doubles the 33,000 H-2B visas authorized by statute....
SAM Magazine—Bozeman, Mont., April 21, 2022—The Cross Country Ski Areas Association (CCSAA) held its annual conference, April 5-6, 2022. The event was held virtually via Zoom for the second consecutive year due to Covid concerns. It had a nice balance of U.S. and Canadian participants, including suppliers and specialty retailers from 15 states ...
SAM Magazine—Ludlow, Vt., April 19, 2022—A busy industry events season gathers steam this week with the 45th annual Lift Maintenance Seminar, which began yesterday at Jiminy Peak, Mass. After two years of canceled events and virtual gatherings, in-person events appear to be back in full swing and industry interest looks healthy judging by early...
SAM Magazine—Stowe, Vt., April 19, 2022—Stowe Mountain Resort will implement a new parking plan for the 2022-23 season that includes paid and free parking as well as carpool incentives, according to a letter from general manager Bobby Murphy shared on the resort’s social media channels. The new strategy aims to reduce traffic congestion on...
SAM Magazine—Lake Placid, N.Y., April 19, 2022—The state Olympic Regional Development Authority (ORDA) board of directors approved more than $91.7 million in upcoming capital projects yesterday, including nearly $20 million for construction of a new lodge at the North Creek Ski Bowl and $38 million for seven new or upgraded lifts at ORDA's Whit...
SAM Magazine—Wildwood, Mo., April 18, 2022—Vail Resorts (VR) has named Tony Santora as the new general manager for Hidden Valley Ski Resort, Mo., effective May 1. He succeeds Brandon Swartz, who became GM of VR-owned Attitash Mountain Resort, N.H., in February. Santora comes from within the VR enterprise. He currently serves as senior manager o...
SAM Magazine—Lakewood, Colo., April 18, 2022—Win Smith and Rob Katz will receive the 2022 National Ski Areas Association (NSAA) Lifetime Achievement and Industry Impact Awards, respectively, on Saturday, May 14, at the 60th annual NSAA National Convention in Nashville. Smith and Katz are both well-known and respected leaders who came to the ski...
SAM Magazine—April 15, 2022, Burlington, Vt.—Former Jay Peak, Vt., president Bill Stenger, 73, was sentenced by a federal judge Thursday to serve 18 months in prison and pay $250,000 in restitution for his role in defrauding foreign investors that were part of the EB-5 program.Last August, Stenger pleaded guilty to providing false documents in ...
SAM Magazine—Stowe, Vt., April 14, 2022—Winter lodging rates and revenue are tracking toward new record levels at western mountain destinations, while summer room rates appear to be softening, according to the most recent Monthly Market Briefing from DestiMetrics, the Business Intelligence division of Inntopia. The report again shares multi-yea...
SAM Magazine—Park City, Utah, April 13, 2022—Powdr Corporation named Chris “Gunny” Gunnarson president of Woodward, its collection of camps and mountain resort experiences geared toward youth participation in action sports. The position was created to grow the Woodward business following its 2018 rebrand. “I don’t know anyone with a ...
SAM Magazine—Broomfield, Colo., April 12, 2022—Vail Resorts (VR) has planned four new investments in employee housing at Park City Mountain, Utah, Whistler Blackcomb, B.C., Vail Mountain, Colo., and Okemo Mountain Resort, Vt. First Chair Employee Housing at VailThe new housing will in total provide affordable housing options to more than 875 VR...
SAM Magazine—Portland, Ore., April 12, 2022—Indy Pass has introduced the new Indy XC Pass for 2022-23, which will include two days of access to seven cross-country ski areas in North America. Photo from Waterville Valley ResortThe pass costs $69 for adults, $29 for youth ages 12 and under. Cross-country access will also be included on the regul...
SAM Magazine—Cambridge, Vt., April 1, 2022—Around the globe, the industry is showing signs of growth with a slew of new construction, expansion, and development projects, all aimed at improving operationsNew base lodge coming to Cranmore. and enhancing the guest experience. The continued proliferation of new capital plans is a promising sign of...
