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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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Right Coast Rebound

SAM Magazine, Boulder, CO, November 20, 2006 - Eastern ski resorts are back on track as cold weather returned to the region over the weekend and resorts have resumed snowmaking operations. Numerous resorts delayed opening dates last week as warm weather stymied snowmaking and Mother Nature failed to cooperate. But with colder temperatures in store...

Lake Louise Gets Go-Ahead for Downhill

SAM Magazine - Lake Louise, Alberta, November 17, 2006 - Lake Louise has gotten the go-ahead to host the first men's World Cup Downhill race of the season. The event is scheduled for November 25 and 26. The resort recently passed a hill inspection by the FIS and met the conditions to host the DH. Given the speeds at which World Cup DH racers re...

Bernie Weichsel and Phil Gravink Honored

SAM Magazine--Boston, Mass., November 17, 2006--This year's BEWI Award luncheon had one of its largest crowds ever to honor Bernie Weischel and Philip Gravink. The location was Gillett stadium where they were busy trying to get the field repaired after last Sunday's muddy game. Left to right: Herbert Schneider, Billy Kidd, Bernie Weichsel, Phil ...

Vermont Expands Helmet Research

SAM Magazine--Burlington, Vt., November 16, 2006--After four years of tracking helmet use among skiers and snowboarders at three Vermont Ski areas, the Vermont Snow Sports Research Team announced it is expanding its project to up to eight additional Vermont resorts, thanks to a collaboration with the Vermont Ski Areas Association (VSAA). The res...

Aspen's Pat O'Donnell Steps Down

SAM Magazine--Aspen, Colo., November 16, 2006--Pat O'Donnell, president and CEO of the Aspen Skiing Company, has moved up his retirement, which is effective immediately. O'Donnell joined Aspen in 1993 and became CEO in 1996. During his tenure, O'Donnell brought the environment to the forefront of industry thinking, as well as customer service. "...

Mixed Conditions Accelerate, Delay Openings

SAM Magazine - Vail, Colorado, November 14, 2006 - Resorts have faced a mixed bag of weather over the past week. With snow and cold temperatures in the west and warm eastern temps, the outlook for Thanksgiving openings is mixed. Groomers putting final touches on Winter Park slopes.  The situation is the best in the western region of Nort...

Sugarloaf/USA and Sunday River Become Largest Consumers Of Wind Power in New England

SAM Magazine - Sugarloaf/USA and Sunday River, Maine, November 14, 2006 -Sugarloaf/USA and Sunday River have become the largest purchasers and consumers of wind power in New England. Both Maine resorts have jointly chosen to offset 100 percent of their resort operations' electricity usage with energy generated from wind. Wind energy exclusively wil...

Middlebury to Go Beyond Green, to Carbon Neutral

SAM Magazine-Middlebury, Vt., Nov. 8, 2006-Middlebury College Snow Bowl is raising the bar on carbon dioxide offsets. According to Middlebury College assistant treasurer and director of business services Tom Corbin, "The Middlebury College Snow Bowl may well be the first ski area to take carbon neutrality to this level by offsetting electric, gas, ...

Greg LeMond Sues Yellowstone Club

SAM Magazine-Yellowstone, Mont., Nov. 8, 2006-Tim Blixseth, the developer of Montana's Yellowstone Club, is being sued by three-time Tour de France champion Greg LeMond. LeMond, an early investor in two of the companies that control the Yellowstone club, claims that Blixseth has cheated him out of millions of dollars. Blixseth has counter-sued L...

Denver Parks Department To Create Urban Terrain Park

SAM Magazine - Denver, Co, November 7, 2006 - It's a gutsy, innovative move that could change the face of skiing and snowboarding. It's also the kind of bold action that you'd expect from Denver Mayor John Hickenlooper, who made his fortune as an entrepreneur in the restaurant business. Hickenlooper was the most famous face among many city of De...

Campbell Named COO At Keystone, Colorado

SAM Magazine - Keystone, CO, November 7, 2006 - Vail Resorts has named Patricia Campbell the new chief operating officer of Keystone Resort. Campbell will report directly to Roger McCarthy, co-president of Vail Resorts' mountain division and chief operating officer of Breckenridge. Patricia Campbell For the past six years, Campbell has been...

No Early Opening for Eclipse

SAM Magazine--Idaho Springs, CO, November 6, 2006--Colorado's Clear Creek County has delayed a crucial planning meeting on the rezoning of the former St. Mary's ski area and the opening of the new Eclipse ski resort on the property. Eclipse, which is headed by Michael Coors of the Coors brewing dynasty, hopes to open this winter. The County Plannin...

Surprise First Opening in New England

SAM Magazine--Woodbury, CT, November 6, 2006--It may come as a surprise to those enjoying some balmy fall days in New England, but the region is open for skiing, courtesy of plucky Woodbury ski area, which pulled out all the snowmaking stops to open on Friday. With man-made conditions and a solid base, the ski area clocked a record attendance on it...

Peek 'n Peak Announces $280 Million in Improvements

SAM Magazine--Findley Lake, N.Y., November 6, 2006--The new ownership group of New York's Peek'n Peak Resort and Conference Center expects to pump massive infusions of cash into the resort over the next ten years. The investment is part of a revitalization plan for the resort implemented by Kiebler Recreation, LLC and Kiebler Properties. The group,...

Intrawest CEO Houssian Retires; Wasilov Moves Up

SAM Magazine-Vancouver, Nov. 2, 2006-Joe Houssian, Intrawest founder and CEO, is retiring, and Intrawest president and chief operating officer Alex Wasilov replaces him effective immediately. Wasilov, who joined Intrawest two years ago, will report to Fortress Investment Group CEO Wes Edens and managing director Bill Doniger. Houssian will serve in...