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
Patagonia’s Founder Will Avoid Paying $700 Million in Taxes With Legal Loophole On September 14, Patagonia made headlines and shocked the outdoor industry when owner Yvon Chouinard announced that he was transferring 98% of the family-owned company, including all its non-voting stock, to a new nonprofit called Holdfast Collective. Made in the name of saving the planet, the donation hands the company off to an advocacy group with a mission to “fight […] Nick DeRiso | September 21, 2022 3 Comments
Michigan Ski Resort Abandoned for 20 Years Finally Gets Torn Down Sugar Loaf Ski Resort, located in Leelanau County, Michigan, was recently demolished. The vacant resort had been abandoned for 20 years before being torn down on Wednesday. The once-booming Sugar Loaf Ski Resort originally opened in 1947. Sugar Loaf Ski Resort was home to a ski school, golf course, recreational room, lodge, and hotel. The resort attracted 3,000 to 4,000 […] Industry News Breya Bergom | November 7, 2021 0 Comments
Daughter Buys Showdown, MT Resort From Her Father The oldest resort in Montana, Showdown, just switched hands. Katie Boedecker was able to secure funding and take ownership from her father George Willett. As you might suspect Katie has been working at the resort for some time now. Helping to spin lifts or bus tables. Taking on every job from the bottom to the top. Earning her role as […] Industry News Cameron Griffin | February 11, 2021 2 Comments
Teton Pass Ski Resort, MT Sold For Only $375K This Month! Teton Pass Ski Resort in Choteau, MT just sold for only $375,000 to a local Choteau resident Charles Hlavac this month. The former Montana Ski Areas Association VP, as well as former manager of Teton Pass, purchased the defunct ski area located at Helena-Lewis & Clark National Forest from New Zealander, Nick Wood and several other investors for a reported […] Industry News SnowBrains | September 17, 2019 0 Comments
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