SnowBrains Forecast: 4-8” Snow on Tap for the East This Week This forecast was written by SnowBrains forecaster Clay Malott Sunday, November 13th, 3:30 pm PST After weeks of high pressure and snow-less weather, significant snowfall will finally hit the East Coast this week, bringing 4-8″ to ski areas in New York, Vermont, Maine, and New Hampshire. Specifics remain uncertain, so stay tuned for updated forecasts this week as the models […] Weather WeatherBrains | November 13, 2022 0 Comments
New Owners of Jay Peak, VT, Not Planning to Make Any Changes for ’22/23 Season Pacific Group Resorts Inc. (PGRI) who purchased Jay Peak Resort for $76 million in a Sept. 8 auction, has no major changes in store for the mountain this upcoming 2022/2023 Winter. The transaction is expected to officially close sometime in October after the resort group’s bid was cleared by the U.S District Court of Florida on Sept. 16. Jay Peak […] Industry News Nick DeRiso | September 29, 2022 0 Comments
Pacific Group Resorts, Inc. Has Bought Jay Peak Resort, VT, for $76-Million Jay Peak Resort, VT, has a new owner. The auction for the resort concluded yesterday after a full day of bidding, reports Alan J Keays for the VTDigger. Utah-based Pacific Group Resorts, Inc. won the auction with the highest bid of $76 million. PGRI owns and operates five other North American ski areas: Ragged Mountain, NH; Wisp, MD; Wintergreen, VI; Powderhorn, CO; […] Industry News SnowBrains | September 8, 2022 0 Comments
Sale of Jay Peak Resort, VT, Goes to Auction Tomorrow | At Least 3 Other Bidders Involved The sale of Jay Peak Resort, VT, will go to auction tomorrow Wednesday, September 7th, The Storm Skiing Journal is reporting. An internal memo sent by General Manager Steve Wright and seen by The Storm Skiing Journal confirmed that another three bidders have put in deposits since Pacific Group Resorts started the bidding at $58 million on August 1st. “While […] Industry News SnowBrains | September 6, 2022 1 Comment
“Multiple Potential Bidders” Interested in Buying Jay Peak Resort, VT An anonymous bidder, and potentially more, has entered the auction to purchase Jay Peak Resort in Vermont, VTDigger reports. Related: Park City Company Begins the Bidding for Jay Peak Resort, VT, at $58 Million Pacific Group Resorts, Inc. (PGRI) started the auction with a $58 million asset purchase agreement (APA) to acquire Jay Peak Resort, VT, reported Ski Area Management. The […] Industry News SnowBrains | August 22, 2022 0 Comments
Park City Company Begins the Bidding for Jay Peak Resort, VT, at $58 Million Pacific Group Resorts, Inc. (PGRI) has entered into a $58 million asset purchase agreement (APA) to acquire Jay Peak Resort, VT, reports Ski Area Management. A judge has ten days to approve the sale after which other companies can still bid in excess of PGRI’s $58 million offer. “All that has happened is the receiver has filed a motion with the […] Industry News SnowBrains | August 2, 2022 0 Comments
Jay Peak Resort, VT, Will Open For One Final Weekend Thanks to ‘Too Much Snow’ Jay Peak Resort, VT, announced yesterday that they will open next weekend for one last hurrah to end the season. “Soooooo….how about one more weekend? We know we said May 1 would be it for lifts, but there’s just too much snow not to have another go. We’ll be re-opening Stateside (again) May 7-8. Stay tuned for the Lift schedule.” […] SnowBrains | May 3, 2022 0 Comments
SnowBrains Forecast: Bonus Pow Day in the Northeast on Tuesday Forecast By SnowBrains Meteorologist Nathan Tarino Last Updated 6 PM MST Sunday 4/17 Forecast Summary A late season snowstorm is set to bring solid accumulations to the high elevations across the east on Monday night and Tuesday morning. The best snow will be found in the higher terrain of Pennsylvania and New York, while resorts in Vermont and New Hampshire […] Weather Nathan Tarino | April 17, 2022 2 Comments