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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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Vail Resorts Saw Strong Q3 Results, Spring Pass Sales

SAM Magazine—Broomfield, Colo., June 13, 2023—Vail Resorts showed strong visits and revenues for the fiscal third quarter ended April 30. That helped offset soft early-season, weather-related results in the Northeast and Tahoe regions, according the company. VR also reported that early season pass sales for 2023-24 were up 6 percent in units a...

Vermont Skier Visits Rose 10 Percent

SAM Magazine—Montpelier, Vt., June 9, 2023—Vermont’s 27 alpine ski areas reported 4.1 million skier visits for the 2022-23 winter season, a 10 percent increase over the 2021-22 season and 3.6 percent above the 10-year average, according trade association Ski Vermont, which said the Green Mountain State saw the fourth-most visitation of any U....

Matt Davies Named President and GM of Cypress Mountain

SAM Magazine—Boyne Falls, Mich., June 9, 2023—Boyne Resorts named Matt Davies as president and general manager of Cypress Mountain, West Vancouver, B.C. Davies started in the role June 1. He is responsible for growth and overall performance as well as long-term planning and development. Davies reports to Jay Scambio, Boyne Resorts COO of day re...

Maine Ski Areas See Second Highest Visitation in State History

SAM Magazine—Farmington, Maine, June 9, 2023—Despite a late start to winter and fairly lean natural snowfall, Maine ski areas saw 1,372,128 skier visits during the 2022-23 winter season. It’s the second most total visits in the state’s history behind only 2007-08, which had 1,426,543 skier visits during an above-average snow year.  Ski Ma...

Record Visits Projected for Colorado Ski Areas

SAM Magazine—Denver, June 9, 2023—Colorado Ski Country USA (CSCUSA) is projecting a new statewide record of 14.8 million skier visits during the 2022-23 winter season, beating the record set in 2021-22 by one million visits, or 8 percent. The 2022-23 projected statewide total exceeds the five-year average for skier visits in Colorado by 18 perc...

Para Athletes Will Join U.S. Ski and Snowboard Team

SAM Magazine—Salt Lake City, Utah, June 8, 2023—Qualifying paralympic ski and snowboard racers will see their names on the official roster of the U.S. Ski and Snowboard team (USSS) for the first time beginning with the 2023-24 season. Sophie Goldschmidt, USSS president and CEO, told SAM that her team started working with the U.S. Olympic and Pa...

Alterra Sets 2030 Social Responsibility Goals with New ‘Forward Stance’ Initiative

SAM Magazine—Denver, Colo., June 8, 2023—Alterra Mountain Company unveiled its new social responsibility platform, Forward Stance, which focuses on four core pillars: prioritizing people, protecting the planet, investing in community, and operating responsibly. “Alterra Mountain Company has dedicated tremendous effort to identify and set up...

New Hampshire Skier Visits Up 13 Percent

SAM Magazine—Waterville Valley, N.H., June 8, 2023—Ski areas in New Hampshire tallied more than 2.2 million skier and snowboarder visits in the 2022-23 season, an increase of 13 percent over the previous season, according to Ski New Hampshire. The growth was almost double the national average visit growth of 6.6 percent. “After what initiall...

Little Cottonwood Gondola Gains Conditional Approval

SAM Magazine—Salt Lake City, Utah, June 5, 2023—The Wasatch Front Regional Council (WFRC) has voted to approve a long-term regional transportation plan from the Utah Department of Transportation (UDOT) that includes the widely-debated Little Cottonwood Canyon gondola. Image credit: Gondola Works When asked how significant a step it was for th...

Quebec Posts Best Season in 16 Years

SAM Magazine—Quebec, Canada, June 5, 2023—Quebec’s 75 ski areas saw 6.6 million skier visits during the 2022-23 winter season, and increase of 5 percent over last season, according to the Quebec Ski Areas Association (ASSQ). The result is the best season in 16 years.  The preliminary numbers are part of the 2022-23 Economic and Financial St...

Smuggs’ and Stowe Consider Connector Gondola

SAM Magazine—Jeffersonville, Vt., June 2, 2023—The owners of Stowe Mountain Resort and Smugglers’ Notch Resort are in talks to install a connector gondola between the two properties. The proposed lift would link Spruce Peak at Stowe to Sterling Mountain at Smugglers’ Notch. “Smugglers’ Notch Resort, with support from Stowe Mountain Res...

Perisher Names Nathan Butterworth as VP, GM

SAM Magazine—Perisher Valley, New South Wales, June 2, 2023—Vail Resorts has appointed Nathan Butterworth as the new vice president and general manager of Australia’s Perisher Ski Resort, effective June 12. He succeeds Belinda Trembath, who was named as vice president and COO of Whistler Blackcomb, also owned by Vail Resorts, in April.  But...

Crested Butte Lift Mechanics, Electricians Look to Unionize

SAM Magazine—Crested Butte, Colo., May 31, 2023—Lift mechanics and electricians at Crested Butte Mountain Resort (CBMR) have signed union authorization cards initiating a process to unionize. Resort management and leaders at ownership group Vail Resorts now have the option to voluntary recognize the union, a move that would bypass the need for ...

Alterra Mountain Company to Acquire Schweitzer

SAM Magazine—Denver, June 1, 2023—Alterra Mountain Company has entered into an agreement to purchase Schweitzer, Idaho, from owner and developer MKM Trust. The transaction is expected to close later in 2023 and is subject to closing conditions such as regulatory approvals. Terms of the transaction were not disclosed. Tom Chasse, who has been ...

Utah Ski Areas Tally Record-Smashing Snow, Skier Visits

SAM Magazine—Salt Lake City, Utah, June 1, 2023—Utah’s 15 ski areas saw a record 7.1 million skier visits during the snowy 2022-23 winter season, beating the old record of 5.8 million in 2021-22 by a whopping 22 percent, according to the state’s ski area trade organization, Ski Utah. The number is unofficial as of now since Snowbird is reop...