Saddleback Purchase Completed The defunct Maine ski resort is slated to reopen next winter. Friday, January 31, 2020 NewEnglandSkiIndustry.com After a half decade of drama, Saddleback Mountain has finally been sold. According to the Portland Press Herald, Arctaris Impact Fund acquired the resort from the Berry family this afternoon for $6.5 million. The firm was […]
VIDEO: Why Boomers Are to Blame for the Declining Ski Industry
Why Boomers Are to Blame for the Declining Ski Industry SnowBrains January 24, 2020 Skiing is the quintessential winter pastime. But recently, the multi-billion dollar industry is in decline. The number of skiers is falling fast and the industry is scrambling to make up the difference. Is this going to be the end of the ski […]
Lawsuit challenges Lake Tahoe ski resort’s new parking fees
Lawsuit challenges Lake Tahoe ski resort’s new parking fees By Associated Press Wed, Jan 1, 2020 (11:58 a.m.) CRYSTAL BAY — Two season pass holders at a Lake Tahoe-area ski resort have filed a lawsuit against the resort’s owner over new parking fees they say were unjustly imposed. Officials at Northstar California Resort near Truckee, California, […]
New York Ski Resort To Reopen After 8 Years
New York Ski Resort To Reopen After 8 Years By: Francis Xavier December 17, 2019 Excellent news for all you western New York skiers and snowboarders, Cockaigne Ski Resort in Cherry Creek is set to reopen for the first time since it closed in 2011. Cleveland.com reports the resort will feature 13-15 trails and slopes, three lifts, plus a brand new […]
Colorado Ski Resort Owner Surrenders Property To Avoid Foreclosure
Colorado Ski Resort Owner Surrenders Property To Avoid Foreclosure By: Matt Lorelli December 13, 2019 Vail Daily is reporting that Granby Ranch owner Marise Cipriani has surrendered the real estate portion of the area to the holding company’s lender. The decision comes after Cipriani was expected to pay $3 million in road repairs at Granby Ranch. […]
MEIER FAMILY BECOMES SOLE OWNER OF GREEK PEAK AND TOGGENBURG
MEIER FAMILY BECOMES SOLE OWNER OF GREEK PEAK AND TOGGENBURG SAM Magazine—Virgil, N.Y., Dec. 17, 2019—John and Christine Meier have become the sole owners of Greek Peak Mountain Resort and Toggenburg Mountain in central New York. They acquired business partner Marc Stemerman’s 50 percent interest in the operations this November. The terms of the buyout […]
The Resurgence of Rear-Entry Boots
The Resurgence of Rear-Entry Boots Robert Hansen December 12, 2019 The Atomic Savor 100 20 years since Salomon scrapped the project, rear-entry boots are making a comeback. Ski boot manufacturers are looking for ways to keep people skiing longer. A recent poll conducted by SIA has shown that alpine skiers from 45-65 have increased in number. Similarly, skiers […]
VAIL ANNOUNCES EXPANSION OF ITS YOUTH ACCESS EFFORTS
VAIL RESORTS ANNOUNCES SIGNIFICANT EXPANSION OF ITS YOUTH ACCESS EFFORTS UNDERPINNED BY $10 MILLION CHARITABLE DONATION FROM CEO ROB KATZ 03 December 2019 BROOMFIELD, Colo.—Dec. 3, 2019— Today, as part of its Epic for Everyone platform, Vail Resorts, Inc. (NYSE: MTN) announced a significant expansion of its current youth access efforts, with plans to launch new […]
Jake Burton Carpenter, the founder of Burton Snowboards, has died
Jake Burton Carpenter, the founder of Burton Snowboards, has died By Elizabeth Wolfe and Scottie Andrew, CNN November 21, 2019 (CNN)Jake Burton Carpenter, the snowboarding pioneer and founder of Burton Snowboards, passed away from complications related to cancer. He was 65. The company announced Carpenter’s death on Thursday in an email to employees. “He […]
Alterra to Acquire Vermont’s Sugarbush Resort
Alterra to Acquire Vermont’s Sugarbush Resort This will be the company’s second ski resort in the Green Mountain State. Jon Jay November 13, 2019 Denver, Colo.-based Alterra Mountain Company announced today that it will purchase Sugarbush Resort in Vermont’s Mad River Valley, adding a 15th resort to the company’s growing resort portfolio and becoming the […]
SUSTAINABLE SLOPES PROGRAM HIGHLIGHTS ENVIRONMENTAL ACTION
SAM Magazine—Lakewood, Colo., Nov. 7, 2019—The National Ski Areas Association (NSAA) has released its annual Sustainable Slopes report. Nine new resorts joined the NSAA Climate Challenge this past year, raising total participation to 45 resorts. The organization awarded more than $40,000 in grants to support sustainability initiatives. NSAA also recognized four resorts and one individual […]
PEAK RESORTS SHAREHOLDERS APPROVE MERGER AGREEMENT FOR ACQUISITION BY VAIL RESORTS
PEAK RESORTS SHAREHOLDERS APPROVE MERGER AGREEMENT FOR ACQUISITION BY VAIL RESORTS Company Release – 9/20/2019 WILDWOOD, Mo., Sept. 20, 2019 (GLOBE NEWSWIRE) — Peak Resorts, Inc. (Nasdaq:SKIS) (“Peak Resorts” or the “Company”), a leading owner and operator of high-quality, individually branded U.S. ski resorts, today announced that the Company’s shareholders, at a special meeting held today […]