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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

U.S. Ski Areas Rebound with 59 Million Skier Visits

SAM Magazine—Lakewood, Colo., June 8, 2021—Skier visits in the U.S. totaled 59 million during the 2020-21 winter season, according to the National Ski Areas Association (NSAA). It was the fifth best season on record and a strong improvement upon the pandemic-shortened 2019-20 season, which tallied 51.1 million visits. Despite the challenges of...

 HEADLINE NEWS - Ski Area Management

Vail Resorts Fiscal 2021 Q3, Early Season Pass Sales Show Strength

SAM Magazine—Broomfield, Colo., June 8, 2021—Vail Resorts, Inc. (VR) reported third-quarter gains compared to the prior year's quarter, with both quarters heavily influenced by different Covid limitations and restrictions. VR also reported strong early season pass sales for the 2021-22 North American ski season, and provided its outlook for the...

 HEADLINE NEWS - Ski Area Management

Quebec 2020-21 Skier Visits Up

SAM Magazine—June 7, 2021—Despite significant pandemic-related operating constraints, Quebec resorts recorded 6.1 million skier visits in 2020-21, exceeding the province’s 10-year average of 5.9 million visits, according to preliminary numbers from the Quebec Ski Areas Association’s (ASSQ) Economic and Financial Study. Tremblant, Quebec P...

 HEADLINE NEWS - Ski Area Management

Rob Rohn to Lead CMH Heli-Skiing & Summer Adventures

SAM Magazine—Denver, Colo., June 3, 2021—Alterra Mountain Company named Rob Rohn president and COO of CMH Heli-Skiing & Summer Adventures, effective immediately. Rohn will oversee operations and be responsible for driving growth at the Banff-based outlet, which includes 11 luxury lodges, a fleet of helicopters, and 140 guides. He will repor...

 HEADLINE NEWS - Ski Area Management

Snow People—Spring 2021

  RESORTS NICK LAMBERT, BOYNE RESORTS  Boyne Resorts, Mich., named Nick Lambert chief marketing officer, effective June 1, 2021. He succeeds Ian Arthur, who is retiring after six years with the team. Lambert was the vice president of sales and marketing for the company’s Sunday River Resort, Maine, and Gatlinburg SkyLift Park, Tenn. In h...

 HEADLINE NEWS - Ski Area Management

Jared Smith Named Alterra President

SAM Magazine—Denver, June 1, 2021—Jared Smith will serve as president of Alterra Mountain Company, effective June 7, 2021. Smith, who will report to CEO Rusty Gregory, will be responsible for overseeing and developing Alterra’s 15 mountain destinations.  Smith comes to Alterra from Live Nation Entertainment. There, he most recently served a...

 HEADLINE NEWS - Ski Area Management

Skitude Group CEO Discusses Catalate, Liftopia

SAM Magazine—Palo Alto, Calif., May 25, 2021—Liftopia’s assets were recently relaunched as Catalate. As SAM reported in December, Liftopia Inc. entered an assignment for the benefit of creditors (ABC) to liquidate the company’s assets after it was unable to pay money owed to clients—mostly ski areas that sold lift tickets, season pass...

 HEADLINE NEWS - Ski Area Management

Indoor Snowsports Resort Coming to Washington, D.C.

SAM Magazine—McLean, Va., May 25, 2021—Virginia-based developer Alpine-X plans to build a new indoor snowsports resort in the Washington, D.C., area. The resort, Fairfax Peak, is the first of 20 such sites planned for North America.   Envisaged as a destination resort, Fairfax Peak will feature an indoor snowsports venue, upscale hotel, gra...

 HEADLINE NEWS - Ski Area Management

Broadaway Named as New President and COO of Solitude

SAM Magazine—Big Cottonwood Canyon, Utah, May 20, 2021—Amber Broadaway has been selected as the new president and chief operating officer of Solitude Mountain Resort in Utah, beginning June 1. She succeeds Kim Mayhew, who is retiring after holding Solitude’s top spot since 2015. Broadaway currently serves as vice president of guest services ...

 HEADLINE NEWS - Ski Area Management

Soldier Mountain Bike Park Rises from the Ashes

SAM Magazine—Fairfield, Idaho, May 19, 2021—Soldier Mountain opens its new mountain bike park May 21, after a raging wildfire last summer prevented the park’s 2020 grand opening.  "We're excited to be opening our bike park," said Soldier Mountain general manager Paul Alden. "These trails are built to world-class standards, and we look forw...

 HEADLINE NEWS - Ski Area Management

Western Destinations Finished Strong; Summer Record on Tap?

SAM Magazine—Winter Park, Colo., May 13, 2021—Lodging properties in Western mountain destinations finished the 2020-21 winter season up 4.8 percent in room nights compared to the truncated 2019-20 season, while a drop in average daily rate (ADR) led to an overall revenue decline of 5 percent. ADR for the winter was 10 percent below that for 20...

 HEADLINE NEWS - Ski Area Management

Alterra Forms Community Foundation

SAM Magazine—Denver, May 13, 2021—Alterra Mountain Company has established a new public charity, the Alterra Mountain Company Community Foundation. The Community Foundation will provide financial support to members of the North American communities in which Alterra operates.  “If this last year has taught us anything, it’s that the most i...

 HEADLINE NEWS - Ski Area Management

Sun Valley Names Sonntag as VP and GM

SAM Magazine—Sun Valley, Idaho, May, 12, 2021—Sun Valley Company has chosen Pete Sonntag to become vice president and general manager of Sun Valley Resort effective June 7. Sonntag will be responsible for all day-to-day operations of the resort and report to Bruce Fery, CEO of Sun Valley parent company Grand America Hotels & Resorts. C...

 HEADLINE NEWS - Ski Area Management

KSL Resorts to Manage Blue Mountain (Pa.)

SAM Magazine—Palmerton, Pa., May 12, 2021—KSL Resorts, an affiliate of KSL Capital Partners, will manage Blue Mountain Resort in Pennsylvania. KSL Resorts quietly began managing Camelback Resort two years ago, also located in the Poconos Mountains. Details about the timeline or what the management agreement entails have not been released. “W...

 HEADLINE NEWS - Ski Area Management

New Leaders Named at Vail-Owned Resorts

SAM Magazine—Broomfield, Colo., May 7, 2021—Vail Resorts (VR) has named new senior leaders to three of its Colorado resorts: Jody Churich, VP and COO of Breckenridge; Tara Schoedinger, VP and GM of Crested Butte; and Chris Sorensen, VP and GM of Keystone. All three will assume their new roles June 7. Jody Churich, Tara Schoedinger, and Chri...