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August 22, 2005
Changing Hands: "Gem of Poconos," Mountain High Among Areas With New Owners
When Arthur Berry bought Camelback Ski Corporation the door slammed on other ski industry interests that have coveted the hugely successful ski area and waterpark.
Considered the gem of the resorts in Pennsylvania's Pocono Mountains, Camelback is the largest area in the region, with a solidly profitable summer season to complement its winter operations. Those factors alone make Camelback appealing as an acquisition. But it was locally grown and faithful Camelback skier Berry -- he first skied at Camelback when he was six -- who plunked down $48 million and walked away with the prize.
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Freeheel Lessons, Gear for Kids On the Rise
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Few, if any, resort ski schools have offered telemark lessons to kids under age 13, but tele programs targeting those as young as 5 are gaining momentum in several mountain communities.
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MSAA Holds Fire Sale
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After the final festivities at the recent Midwest Ski Areas Association (MSAA) summer meeting, Executive Director Chris Stoddard may have trouble finding future sites for the get-together. At least, that was part of the joke going around after a rousing fireworks display started a grass fire on top of the little ski area Highlands of Olympia near Oconomowoc, Wisc., where the conference was held.
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Who's Still Male, Young, Western? Snowboarders, Says SGMA
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Not that it's a revelation to anyone, but a new study by the SGMA International concludes that the majority of American snowboarders are still young, male, and from families with household incomes of $50,000 a year or less.
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August 08, 2005
Ginn: New Gorilla On The Mountain?
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Industry watchers who typically refer to Vail Resorts and Intrawest as "the 800-pound gorillas" have a fresh gorilla to watch: The Ginn Company.
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Breaking News: NextSnow Search Nails Hot NBC Slot Before Torino
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Jack Turner's NextSnow Search has won a coveted and potential breakout TV slot as the lead-in to NBC's first-day coverage of the Torino winter Olympics on Saturday, Feb. 11, The Industry Report has confirmed.
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Still Nervy After All These Years: Reaction To Warren Miller
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The ski movie meister's comments in our last issue (IR 7/25/05) provoked strong reactions from readers.
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Correction
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The interview with Warren Miller (IR 7/25/05) misidentified the state in which the Yellowstone Club is located. It is Montana, not Wyoming.
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Federal HUD Dollars Give Bolton A Lift
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Bolton Valley, Vermont, has tapped into an unusual source for a $650,000 loan to help finance a new lift -- the federal Department of Housing and Urban Development.
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