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
2022 Killington Cup Tickets Available Starting October 6 Killington Cup Tickets Benefit the Killington World Cup Foundation. The KWCF partnership has raised almost two million dollars in incremental resources to the winter sports infrastructure and engaged over 10,000 participants in grantee’s programs. Vermont’s Killington Resort, the largest ski and snowboard destination in Eastern North America and a POWDR resort, announced yesterday that tickets for the 2022 Killington Cup will be available for […] Industry News SnowBrains | September 23, 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
Burton Snowboards Responds to Rumor That They’re For Sale Whether it’s climate change, inclusion in snowsports, or equality in the workplace, Donna Carpenter has never been afraid to take a stand. And now, she’s undoubtedly taken a stand against the latest rumor and talk that Burton Snowboards is for sale. A sale that reportedly could fetch upwards of $800 million. Related: Family-Owned Burton Snowboards Looking to Sell for $800 […] Industry News Nick DeRiso | August 22, 2022 1 Comment
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
Suicide Six Ski Area, VT, Changes “Insensitive” Name to Saskadena Six Ski Area [arve url="https://vimeo.com/729369022"] SnowBrains | July 14, 2022 Likes Tweets 0 Comments
Vermont Ski Area to Change ‘Insensitive’ Name Suicide Six Ski Area in Vermont is changing its name because it’s too insensitive. Go figure. The resort, located in the town of Pomfret about 50 miles south of the state capital of Montpelier, shared the news in a post on its website on June 28. The note read: “Our resort team embraces the increasing awareness surrounding mental health and […] Industry News SnowBrains | June 30, 2022 1 Comment
More Maple Syrup Harvested in Vermont This Year Than Ever Recorded Vermont harvested more maple syrup this year than it ever has before. 2.5 million gallons of it in 2022, to be exact, according to new data from the US Department of Agriculture. That’s an 800,000-gallon increase from 2021, Vermont Public Radio reports. According to Mark Isselhardt, a maple specialist with the University of Vermont who spoke with VPR, the primary […] SnowBrains | June 21, 2022 0 Comments
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