SAM Headline News

News Search

SAM Headline News

FEATURED STORY

  • 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...

    Read More

Get SAM Headline News delivered to your inbox. It's not just another email—it's industry news and special reports that matter to you, coming from the industry's trusted resource. 

GetNewsButton

 

Mt. Ashland Launches $650,000 Fundraiser

SAM Magazine—Mt. Ashland, Ore., June 24, 2015—Mt. Ashland has launched a $650,000 public fundraising campaign, primarily to help fund operation and maintenance costs until the end of November. The campaign, billed as the 2015 Local Mountain Fund, has already brought in $275,000, including $68,000 donated by Mt. Ashland Association board...

Ski Season in Southern Hemisphere Off to Slow Start

SAM Magazine–Santiago, Chile, June 24, 2015–The 2015 ski season is off to a slow start for some ski areas in the Southern Hemisphere, including those in Chile, where six ski areas remain closed due to lack of snowfall. Traditionally skiers and riders in the Southern Hemisphere start hitting the slopes by early to mid June. However, F...

New Hampshire Ski Areas Report Fourth Best Season

SAM Magazine—Lincoln, N.H., June 16, 2015—Ski NH’s 33 alpine and cross-country resorts hosted more than 2.57 million alpine, X-C, and tubing visits during the 2014-15 season, according to Ski NH. Abundant snowfall in February and March resulted in numerous record-breaking spring skiing days for many New Hampshire ski areas. That h...

Whistler Blackcomb to Test Snowmaking on Horstman Glacier

SAM Magazine—Whistler, B.C., June 16, 2015—This coming winter, Whistler Blackcomb will conduct a snowmaking pilot project aimed at preserving the Horstman Glacier on Blackcomb Mountain. The area will operate four low-energy guns in the Horstman Hut area to determine if a full-scale snowmaking system is an option to prevent further reces...

Western Mountain Resorts Continue Strong Booking Trends

SAM Magazine—Denver, June 16, 2015—Following a record season across much of the West, summer occupancies and revenues are continuing that momentum, according to the most recent data released by Denver-based DestiMetrics. As of May 31, summer occupancy and reservations were up 8.5 percent compared to the May through October period a year...

Vermont Ski Areas Sets New Visitation Record

SAM Magazine—Jay Peak, Vt., June 12, 2015—Ski areas in Vermont tallied a record-breaking 4,670,903 million visits during the 2014-15 season. The visit totals were released during the Vermont Ski Areas Association’s (VSAA) 46th Annual Meeting here on Thursday. Early openings at ski areas, recent capital investments in new snowma...

Colorado Ski Areas Report Near-Record Season

SAM Magazine—Boulder, Colo., June 12, 2015 – Skier and snowboarder visits at the 21 member ski resorts of Colorado Ski Country USA (CSCUSA) totaled 7.1 million during the 2014/15 season, about one-half of 1 percent fewer than last year’s record season and 6.5 percent more than the five-year-average. The figures were released durin...

Ski Areas in New Mexico Report 19 Percent Gain in Visits

SAM Magazine—Santa Fe, N.M., June 9, 2015—New Mexico’s 11 ski areas saw a 19.4 percent increase in skier and snowboarder visits in 2014-15 compared to 2013-14, to 909,357, contributing to a $98 million increase in local economic activity, according to Ski New Mexico. The net gain of 176,000 visits, to more than 909,000 total vi...

Ski Areas in Canada Slash Season Pass Prices

SAM Magazine—Calgary, Alberta, June 9, 2015—While final skier and snowboarder visits to Canadian ski areas have not yet been released, resorts in Western Canada had a poor to average season. The winter's warm temperatures, below average snow, and decreased days of operation have led a few ski areas to offer dramatically reduced rate...

IOC Adds Big Air, Team Event for 2018 Winter Games

SAM Magazine—Lausanne, Switzerland, June 8, 2015—The International Olympic Committee (IOC) approved big air snowboarding and an alpine team event as new event inclusions for the 2018 Olympic Winter Games in PyeongChang, South Korea. The U.S. Ski and Snowboard Association (USSA) had been among the nations lobbying for inclusion of big...

Summer Action at Ski Areas Heats Up

SAM Magazine—Dresser, Wis., June 8, 2015—Ski areas across the country are ramping up their summer operations with new aerial adventure parks, zip lines, canopy tours, water parks, mountain bike parks and more. With the slew of new year-round activities being offered (too many to report on here) it’s clear that ski areas have a bul...

Mountain Creek Partner Assumes Full Ownership

SAM Magazine—Vernon, N.J., June 8, 2015—The Koffman family, one of four partners that purchased New Jersey’s Mountain Creek from Intrawest in 2010, became the sole owner of the resort on June 4. The Koffman family was also a partner in the original Great Gorge ski area in the 1970s. The transaction provides for improvement and exp...

SAM's Summer Ops Camp Registration Opens

SAM Magazine—June 5, 2015, Tannersville, PA—Registration for SAM's 6th Annual Summer Ops Camp officially opens today. The camp, which will take place at Camelback Mountain Resort Sept. 9-11, will explore the many benefits of and growing opportunities in summer recreation at winter resorts. Camelback is an exemplary host: it has a...

Visits to Quebec Ski Areas Dip, But Study Shows Potential

SAM Magazine—Terrebonne, Qué., June 5, 2015—Ski areas in Quebec tallied 5,887,000 skier and snowboarder visits this season, down 2.7 percent over last year ,according to the Quebec Ski Areas Association (ASSQ). The news was announced during the association’s annual meeting in the Laurentians at Manoir St-Sauveur, with more ...

Ski Areas Look to Local Governments to Sustain Operations

SAM Magazine—Kensington, Minn., June 2, 2015—Under the strain of tighter profit margins, two ski areas in the Midwest are looking for local government funding to continue operations. In Minnesota, the Douglas County commissioners recently voted to investigate turning Andes Tower Hills, currently owned by brothers Vern and Paul Anders...

Japan’s Hakuba Valley Latest to Join Mountain Collective

SAM Magazine—Nagano, Japan, May 28, 2015 —Hakuba Valley in the Japanese Alps has joined the Mountain Collective for the 2015-16 season. The Collective now provides access to 18 mountains in five countries that combined have more than 41,000 skiable acres of terrain and 244 lifts. Hakuba Valley is comprised of 10 distinct areas that e...

Utah Skier Days Decline in Line with National Average

SAM Magazine – Salt Lake City, Utah, May 20, 2015 – The Utah ski and snowboard industry closed the 2014-15 winter season with a total of 3,946,762 skier days, down 4.9% from the previous season's 4,148,573. This year's number represents a 2.2% decrease vs. Utah's 5-year average of 4,037,349. Nationally, skier days were do...

Ohio's Clear Fork Resort Up For Sheriff's Sale after Foreclosure

SAM Magazine – Butler, Ohio, May 18, 2015 – Clear Fork Resort will go on the market via a sheriff’s sale in early June after a judge ordered foreclosure on the property to recover nearly $2.5 million in loan debt. On Feb. 13, Richland County Common Pleas Judge James DeWeese signed a foreclosure paving the way for five land parc...

Whistler-Blackcomb To Go Smoke-Free

SAM Magazine – Whistler, B.C., May 18, 2015 – Whistler-Blackcomb announced it will roll out a new smoke-free policy May 31 coinciding with World No Tobacco Day. The policy will prohibit smoking anywhere on Whistler-Blackcomb property including lift lines, chairlifts, gondolas, ski runs, hiking trails, valley base areas, parking lots, th...

Vail Resorts Leadership Changes Underway

SAM Magazine—Broomfield, Colo., May 15, 2015—A number of leadership changes first detailed by Vail Resorts last fall are currently underway. John Buhler, current COO of Keystone, is transitioning to COO of Breckenridge. Buhler joined Vail Resorts in 1994 as manager of the Breckenridge ski school. He became ski school assistant direct...

Summer Plan at Heavenly Gets Final Approval

SAM Magazine—South Lake Tahoe, Nev., May 15, 2015—The Lahontan Regional Water Quality Control Board added the final stamp of approval to an extensive expansion of on-mountain summer activities at Heavenly Mountain Resort. Billed as Epic Discovery, new attractions will include multiple zip line canopy tours, a ropes course, an alpine coa...

Michael Reitzell Named President of CSIA

SAM Magazine—Mill Valley, Calif., May 13, 2015—The California Ski Industry Association (CSIA) board of directors has chosen Michael Reitzell, an experienced attorney representing the ski and outdoor recreation industries, to be the new president of CSIA. Reitzell succeeds longtime CSIA chief Bob Roberts, who retires this month. Reitzell...

Intrawest Earnings Increase as Visits Rise

SAM Magazine—Denver, Colo., May 13, 2015—Bolstered by last fall's aquisition of 100 percent interest in Blue Mountain, Ontario, Intrawest reported consolidated revenue increased $36 million, or 12.6 percent, to $321.8 million, for the quarter ended Mar. 31, 2015. On a same-store basis, treating Blue Mountain as if it was fully owned...

Visits to Whistler Down, But Revenues Rise

SAM Magazine—Whistler, B.C., May 13, 2015—Skier and snowboarder visits to Whistler Blackcomb fell 9.3 percent, to 1.52 million compared to last season, according to Whistler Blackcomb Holding’s second quarter financial report, for the season through Mar. 31, 2015. Revenues, though, rose 1.5 percent, to $191.4 million, as the decli...

NSAA Recognizes Individual, Resort Achievements

SAM Magazine—San Francisco, May 6, 2015—NSAA handed out a variety of awards at the National Convention here. Left: Bob Roberts (on left) accepting his award from Michael Berry, president of NSAA. Right: Dave Ingemie (on right) with Michael Berry. 2015 Lifetime Achievement Award: NSAA pre...

Season’s Visits Drop 5 Percent, to 53.6 Million

SAM Magazine—San Francisco, May 6, 2015—The U.S. ski industry tallied an estimated 53.6 million skier and snowboarder visits this past season, making 2014-15 the second-worst since 2000-01, according to the National Ski Areas Association. The results represent a 5 percent decrease from 2013-14, and are down 3.8 percent from the five-sea...

U.S. Ski Team to Manage NASTAR

SAM Magazine—San Francisco, May 6, 2015—The U.S. Ski Team is assuming operational control of NASTAR through a partnership with the program’s owner, Active Interest Media (AIM). NASTAR is featured at 115 resorts nationwide, with more than 165,000 racer days each year. Tiger Shaw, ski team CEO, said the integration will capitaliz...

Thredbo Joins Mountain Collective

SAM Magazine—San Francisco, May 6, 2015—Thredbo, Australia, has joined The Mountain Collective as a full resort partner for the 2015-16 season, making it the first resort outside of North America to be added to the multi-resort pass. The news comes on the heals of Vail Resorts’ purchase of Perisher last month and further indicates...

Lift Revenues Up, Visits Down at Vail Resorts

SAM Magazine—Broomfield, Colo., April 28, 2015—Vail Resorts has reported that for the 2014-15 season, total lift revenues, including an allocated portion of season pass revenue, were up approximately 8.5 percent, while total skier visits for the company's nine mountain resorts were down 2.8 percent compared to 2013-14. Additional...

Don Thompson to Lead Red Mountain

SAM Magazine—Rossland, B.C., April 27, 2015—Don Thompson has been promoted to president at Red Mountain. Thompson is the former vice president of operations and development and is now in charge of all aspects of resort operations, as well as project and property management. "I look forward to continually increasing and improving...

Brad Larsen to Become Tamarack GM

SAM Magazine—Donnelley, Idaho, April 23, 2015—Brad Larsen is set to become the new general manager for Tamarack Resort. He is joining the team of Replay Resorts, which was chosen last month to run Tamarack by the resort’s owner, New TR Acquisitions Co. (NEWTRAC). Replay is taking over management on May 1 from the Tamarack Municipa...

National Ski Patrol Doles Out Award to Board Chair

SAM Magazine—Lakewood, Colo., April 23, 2015—The National Ski Patrol (NSP) has bestowed its Minnie Dole Award on Ed McNamara, chair of the NSP board of directors. The award is given to patrollers who exemplify a spirit of service, dedication, and sacrifice that was epitomized by the organization's founder, Charles Minot "Minnie...

MOUNTAIN RESORT LODGING MOMENTUM CONTINUES INTO SUMMER

SAM Magazine—Denver, April 14, 2015—Despite mercurial temperatures and sporadic snowfall throughout the Rocky Mountain and Far West mountain resorts in February and March, resort lodging posted double-digit increases in revenue for the third straight winter, with summer reservations following a similar track, according to Denver-based D...

Howard, Locher, and Towle Earn SAMMY Leadership Awards

SAM €ˆMagazine—Natick, Mass., April 14, 2015—SAM Magazine is proud to announce the 2015 SAMMY Leadership Award winners: Beth Howard, Ryan Locher, and Hiram Towle. The awards, now in their 19th year, are given each year to individuals who will shape the future of the mountain resort industry. This year saw a record number of nominations, and almost 3,000 votes were tallied for our 12 finalists. Winners will be presented with an award on May 3 at the SAMMY Awards event at the National Ski Areas Association conference in San Francisco, CA.

Squaw Valley, Caldwell Agree to Gondola Link with Alpine Meadows

SAM Magazine—Squaw Valley, Calif., April 13, 2015—After years of negotiating, Squaw Valley has reached an agreement with private land owner Troy Caldwell to build a base-to-base gondola connecting Squaw Valley and Alpine Meadows. The linkage traverses White Wolf, Caldwell’s land, and has been at the top of both parties’ wish...

Spring Bump: New Snow Helps Ski Areas Extend Seasons

SAM Magazine—Denver, Colo., April 9, 2015—New snow that swept California, Utah, and parts of the Northeast have allowed some ski areas to tack on a few more days to their seasons. Squaw Valley reset its closing date to April 19 thanks to 20 inches of new snow in the past week. The area has four lifts running on a 45-inch base, and offic...

Riders' Choice Awards Reveal Top Bike Parks of 2014

SAM Magazine—Jackson, Wyo., April 6, 2015—Mountain bike riders in North America have crowned the top bike parks as part of the second annual "Best Bike Parks Riders' Choice Awards" produced by MTBparks.com, a comprehensive online guide to North American bike parks. More than 3,000 riders cast votes this year on the top ...

Sugar Bowl's Rob Kautz to Retire

SAM Magazine—Donner Summit, Calif., April 4, 2015—Rob Kautz, president and CEO of Sugar Bowl Resort, is retiring after nearly four decades at Sugar Bowl Resort. Kautz will stay on as president and CEO until Sugar Bowl Resort finds and trains a replacement, and will continue to work at the resort through June 2016. He will also remain on...

Sugarloaf Closes Second Lift Over Drive Shaft Issue

SAM Magazine—Carrabassett Valley, Maine—On the heels of the King Pine lift rollback two weeks ago, Sugarloaf has taken a second, similar lift out of service. The Timberline lift, the most similar to the design of the King Pine, was found to have abnormal wear on the driveshaft, which was the component that failed and initiated the King ...

Monarch’s Moorhead Latest to Announce Retirement

SAM Magazine—Monarch, Colo., April 2, 2015—Monarch Mountain CEO Rich Moorhead is retiring effective April 30 following a 39 year career at the ski area. He was appointed manager and CEO in 2002 after PowderMonarch LLC purchased the ski area’s assets, and Moorhead obtained an ownership stake in the ski area. He will continue to ser...

California Water Restrictions Not Likely to Hobble Ski Areas

SAM Magazine—Mill Valley, Calif., April 2, 2015—This week, California Gov. Jerry Brown ordered mandatory water use reductions for the first time in California’s history, saying that the state’s four-year drought had reached “near-crisis proportions.” Nonetheless, ski industry officials in California told SAM that...

Vail Resorts to Acquire Perisher, Australia

SAM Magazine--Broomfield, Colo.—March 30, 2015—Vail Resorts (VR) has agreed to acquire its first international mountain resort, Perisher Ski Resort in New South Wales, Australia, for AU$176.6 million (approximately US$136 million). The acquisition is expected to close in the fourth quarter of fiscal 2015 following the satisfaction of ce...

Red Lodge Back in Operation After Fire Evacuation

SAM Magazine—Red Lodge, Mont., March 30, 2015—Red Lodge Mountain Resort resumed operations Sunday after a wildfire about three miles west forced officials to evacuate its slopes on Saturday. About 650 skiers were evacuated from the ski area, and residents were evacuated from nearby subdivisions as 60 mph winds fanned the West Fork fire ...

California Ski Association President Bob Roberts to Retire

SAM Magazine—Mill Valley, Calif., March 30, 2015—Bob Roberts, president and CEO of the California Ski Industry Association (CSIA), is retiring effective June 2015. Roberts has been at his post for 40 years. The CSIA executive committee is currently interviewing candidates, with plans to name a new director in the weeks to come. &ldqu...

CSU Launches Online Graduate Program in Ski Area Management

SAM Magazine—Fort Collins, Colo., March 30, 2015—Colorado State University (CSU) has launched an online Ski Area Management Graduate Certificate of Completion program for students and current employees looking to further their careers in the ski industry. Each of the six online courses in the ski area management certificate follows a...

Town Approves $50 Million Makeover at Canyons/Park City resort

SAM Magazine—Park City, Utah, March 27, 2015—The Park City Planning Commission gave unanimous approval for Vail Resorts’ plan to build an interconnecting gondola between Park City and Canyons ski areas, among other capital improvements totaling $50 million. The end result will reportedly represent the largest single ski area in th...

Faulty Switch Contributed to Sugarloaf Lift Rollback

SAM Magazine—Carrabassett Valley, Maine, March 26, 2015—A team of investigators has determined that an inappropriately specified switch in one of the brake components on Sugarloaf’s King Pine lift contributed to the March 21 rollback accident that injured seven people. Officials from Sugarloaf and engineers from parent company ...

Tamarack Resort Gets New Management

SAM Magazine—Donnelly, Idaho, March. 26, 2015—New TR Acquisitions, the owner of Tamarack Resort, has named Replay Resorts to assume overall operational management of the resort with exception of the golf course. Replay takes over from the Tamarack Municipal Association (TMA). The management change goes into effect May 1, 2015. Replay...

Powdr Buys Action Entertainment Production Company

SAM Magazine—Park City, Utah, March. 26, 2015—Powdr Corp. has aquired Human Movement Management (HMM), an active entertainment and event company that produces running races, festivals, triathlons, obstacle races, and outdoor events. Powdr officials say the move helps it further diversify its portfolio and expand its summer activities, e...

Tahoe Super Pass 2015-16 Includes Rollover Option for Unused Days

SAM Magazine—Olympic Valley, Calif., March 23, 2015—Squaw Valley Alpine Meadows is offering a “worry-free” rollover option for skiers and riders who purchase a 2015-16 Tahoe Super Pass. The option includes the ability to rollover up to four unused days during the 2015-16 winter season for credit toward the purchase of a 2016...

Vail Resorts Offers Free Tickets to All Colorado K-5th Graders

SAM Magazine—Broomfield, Colo., March 23, 2015—Vail Resorts is expanding its program for fifth and sixth graders, formerly known as School of Shred, to include all kindergarten through fifth graders. Renamed “Epic SchoolKids Colorado Pack,” the program provides 16 days of free skiing—four days each at Vail, Beaver Cree...

U.S. Women Crystalize Season with World Cup Titles

SAM Magazine—Meribel, France, March 22, 2015—Strong season-ending finishes by Lindsey Vonn and Mikaela Shiffrin led the U.S. Ski Team women to reap three titles at the season-ending World Cup Finals held over the last week at Meribel. Two of the globes went to Vonn, who claimed her 66th and 67th World Cup victories by winning both th...

Sugarloaf Releases Preliminary Findings on Lift Rollback

SAM Magazine—Carrabassett Valley, Maine, March 22, 2015—Investigators from Sugarloaf working in conjunction with an engineer from the State of Maine Board of Elevators and Tramways have identified mechanical failures that led to the King Pine lift rollback, resulting in injuries to seven guests yesterday. The investigation began shor...

Seven Injured in Lift Rollback at Sugarloaf

SAM Magazine—Carrabassett Valley, Maine, March, 21, 2015—A rollback incident today on Sugarloaf’s King Pine lift injured seven guests and sent three to the hospital with non-critical injuries. All three were reported in stable condition on Saturday afternoon, according to hospital spokeswoman Jill Gray. The incident occurred at...

British Columbia Develops Climate Change Action Plan

SAM Magazine—Whistler, B.C., March 19, 2015—The provincial government of British Columbia is developing a Climate Change Action Plan aimed at helping B.C.’s 35 ski resorts better prepare for a future with less snow. Stakeholders involved with the plan met this week in Whistler as part of on-going discussions. "This meeting...

Western Mountain Lodging Revenues Pacing Ahead of Last Season

SAM Magazine—Denver, March 18, 2015—The most recent results for western mountain lodging properties at 19 resort communities in six western states show revenues are up 12.3 percent compared to the same period last season, while occupancy is up 6.5 percent. The data include activity through Feb. 28 and are collected and reported on by De...

CSCUSA Members Post 3.7 Percent Gain in Visits for January and February

SAM Magazine—Denver, March 16, 2015—Skier and snowboarder visits were up 3.7 percent for the first two months of 2015 among the 21 member ski areas of Colorado Ski Country USA (CSCUSA). The gain in second period visitation boosted overall year-to-date results 1.9 percent ahead of last season, which was the best season on record for the ...

Vail Resorts Posts Banner Second Quarter Results

SAM Magazine—Broomfield, Colo., March 12, 2015—Vail Resorts (VR) reported net income for the second quarter of fiscal 2015 (ended Jan. 31, 2015) nearly doubled, to $115.8 million from $59.3 million. Total revenue increased to $530.2 million, up 17.1 percent compared to the same period in the prior year. Notably, the results this year in...

Multi-Resort Season Pass Options Expand

SAM Magazine—Denver, March 11, 2015—The season’s pass war for 2015-16 has begun, and major resorts are adding a number of new weapons to the fight. Perhaps the biggest development: the growth in limited-use passes. Choice is in. But choice comes with a caveat: customers have to act soon to get the best prices. Conglomerates ...

Summer Action to Become More Mammoth at Snow Summit

SAM Magazine—Bear Lake, Calif., March, 11, 2015—Snow Summit’s summer operations will shift into a higher gear with the addition of a four-mile beginner mountain biking trail, a zip line, and a climbing wall. The announcement came in conjunction with the finalization of Mammoth Mountain’s $38 million acquisition of Snow Summi...