SAM Magazine--Wrightwood, Calif., July 6, 2004--Mountain High Resort is purchasing neighboring Ski Sunrise for about $375,000. The sale of the 97-acre area, located about one mile from Mountain High's existing East and West areas, is set for mid-July. Mountain High GM Karl Kapuscinski told SAM that, in the short term, Sunrise will be used as a t...

SAM Magazine--June 28, Tully, N.Y.--Ski Areas of New York announced that New York State ski areas received 4,034,325 skier/snowboard visits for the 2003/04 season, making it the third best season on record. The 50 ski and snowboard resorts that call New York home had a record season last year with 4,256,507 visits and attribute the drop off this ye...

SAM Magazine--Juneau, Alaska, June 15, 2004--In addition to the $300,000 the City and Borough of Juneau gives to Eaglecrest Ski Area each year, the resort was granted another $100,000 in order to offset a projected shortfall of $652,000 next year. Eaglecrest is a municipally-owned area that relies on local users to cover 70 percent of operating exp...

SAM Magazine--Donnelly, Idaho, June 15, 2004--Tamarack resort had its second straight sell-out when it unloaded 64 real estate products, raising approximately $33.4 million for scheduled development. Homebuyers from Idaho (58 percent), California (28 percent), Oregon (4.6 percent) and Georgia (3.1 percent) bought 10 cottages, 18 resort-built chalet...

SAM Magazine--Vail, Colo., June 14, 2004--Vail released its financial results for the third quarter ended April 30, 2004, and the news was all good. In fact, it was their best third quarter ever thanks mainly to a jump in the company's mountain segment, a 10.2 percent growth in average realized price for the ski season and record visits for Beaver ...

SAM Magazine--Hood River, Ore., June 14, 2004--The Pacific Northwest Ski Areas Association (PNSAA) announced that the region is on track for its third best season ever with 4.71 million visits forecast. Washington state recorded 1.86 million and Oregon is projecting 1.63 million once the summer season ends. PNSAA encompasses resorts in Washingto...

SAM Magazine--June 11, 2004, North Conway, N.H.-- Tom Day, acting GM at Booth Creek-owned Cranmore Mountain Resort announced today that Ben Wilcox will become the new GM of the resort starting June 18, 2004. For the past 11 years, Wilcox was the marketing director at Bretton Woods Resort and the Mount Washington Hotel....

SAM Magazine--Park City, Utah, May 14, 2004--American Skiing Company (ASC) has restructured its real estate debt, cutting $80.4 million from its balance sheet. The restructuring creates a new partnership between ASC's Killington Resort and SP Land, a newly formed affiliate of Eiger, Inc., one of the lenders under ASC's Real Estate Term Facility,...

SAM Magazine--Aspen, Colo., June 10, 2004--Colorado Ski Country USA reported the state hosted more than 11.2 million skier visits this season as in-state visits fell, destination numbers stabilized, and several international markets rebounded. The total represents a 3.4 percent decline from the 2002-03 season. "For the first time in seven years,...

SAM Magazine--Park City, Utah, June 10, 2004--American Skiing Company reported a loss for the nine months ended April 25 of $38.4 million, slightly less than the $42.8 million loss a year earlier. The company credited increased season's pass revenues, cost controls and coordinated marketing for the improved financial performance despite a slight de...

SAM Magazine--Rossland B.C., June 4, 2004--A private investment group led by Howard Katkov of San Diego has purchased Red Mountain Resort for an undisclosed amount. With a recently approved community plan in hand to guide future development, the new ownership expects to construct 1,300 dwelling units and 70,000 square feet of commercial space ov...

SAM Magazine--Rossland B.C., June 4, 2004--A private investment group led by Howard Katkov of San Diego has purchased Red Mountain Resort for an undisclosed amount. With a recently approved community plan in hand to guide future development, the new ownership expects to construct 1,300 dwelling units and 70,000 square feet of commercial space ov...

SAM Magazine--McLean, Va., June 7, 2004--Overall sales at ski and snowboard specialty and chain stores for August through March increased a mere 0.6 percent in dollars during 2003-04 season, to $2.21 billion, compared to $2.20 billion for 2002-03, according to the end-of-season SIA Retail Audit. In snowboards, both equipment and apparel sales in...

SAM Magazine--Savannah, Georgia, May 19, 2004--Seven new members were elected to the National Ski Areas Association's board, along with a new chairman. Taking on the top spot is David Crowley, president of Wachusett Mountain, Mass. Crowley previously served on the executive board as vice chair. He replaces Sugarbowl's Rob Kautz. Also elected are...

SAM Magazine--Savannah, Georgia, May 17, 2004--The National Ski Areas Association (NSAA) released the preliminary skier visit numbers for the 2003/2004 season which are projected to be 56.8 million, the third best season on record. The numbers are down 1.3 percent from the 2002/2003 season which set the all-time record of 57.6 million. The Pacif...