Jay Peak bombshell

jaytrem · Sep 8, 2022

I was very impressed with their Wisp operation when I went there 2 years ago. One of those placed where you get the feeling that they really know what they're doing (kinda like Pat's Peak), and that was during covid. Also hit Wintergreen that year. Nice place, but it was quiet that day, so didn't see how they handled crowds.

Now I just need to get to that Mt. Washington!

thetrailboss · Sep 8, 2022

Very interesting collection of executives, including PCMR's former President and the former COO of POWDR.

The Pacific Group Resorts Team | pgri.us

Learn all about the team that makes up Pacific Group Resorts here.

pgri.us

jimmywilson69 · Sep 8, 2022

hopefully the former COO of Powder wasn't the one responsible for renewing the PCMR lease...

Smellytele · Sep 8, 2022

Now let’s see that ragged - Jay peak combo pass!

Smellytele · Sep 8, 2022

Also now the receiver can concentrate on Burke.

fbrissette · Sep 8, 2022

ss20 said:
I will add too that the Flyer replacement will be nearly 8,000 feet in length, 30ish towers, and *should* be a bubble lift. Not exactly cheap

Wind conditions pretty much guarantees that it won't be a bubble lift.

Abubob · Sep 8, 2022

As long as they don’t call it PJay.

Abubob · Sep 8, 2022

I think it may be time for a new thread.

tumbler · Sep 8, 2022

I wish them all the luck and success and they are inheriting a good management team which is not always a given. I do have a feeling that next year they will partner with IKON to generate more traffic. I said it :stirpot:

ss20 · Sep 8, 2022

Abubob said:
I think it may be time for a new thread.

Or just add an "s" to the end to make it bombshells lol

ss20 · Sep 8, 2022

fbrissette said:
Wind conditions pretty much guarantees that it won't be a bubble lift.

I'm not sure the technology is pretty good now it seems bubbles vs non bubble lifts are extremely similar in their wind capabilities. SR is replacing Jordan with a bubble and that's probably the 2nd worst lift for wind in the east after the Flyer.

snoseek · Sep 8, 2022

The difference they made at Powderhorn is substantial as well

thetrailboss · Sep 8, 2022

Abubob said:
As long as they don’t call it PJay.

If Bill Stenger could talk......I wonder if he had to fight off a dumb attempt at renaming it Q Jay Peak. Seriously.

thetrailboss · Sep 8, 2022

Smellytele said:
Also now the receiver can concentrate on Burke.

Oddly enough the last few visits have been very positive. The Hotel is busy most of the time I've been there. A new T-Bar and lots of new snowmaking equipment. In my many years of being around ski areas in all seasons, I have never seen one that has so much excess snowmaking equipment laying around. On a hike in June I would literally trip over stacks of HKD guns lying in the grass.

thetrailboss · Sep 8, 2022

jimmywilson69 said:
hopefully the former COO of Powder wasn't the one responsible for renewing the PCMR lease...

Well, I do wonder if he was the "one" that was laid off (or transitioned) that had that responsibility.

I don't know how long he has been gone from POWDR, but it has been a while. POWDR's current COO is still in MBA school (?!)

mbedle · Sep 8, 2022

So Jay Peak is currently operated by Leisure Hotels. I wonder how many people they actually have at the resort actively working and how Pacific is going to replace them in the near future.

machski · Sep 8, 2022

ss20 said:
I'm not sure the technology is pretty good now it seems bubbles vs non bubble lifts are extremely similar in their wind capabilities. SR is replacing Jordan with a bubble and that's probably the 2nd worst lift for wind in the east after the Flyer.

Yes, and if Jay went with Dopp D-Line tech even just for a 6, I seriously doubt that would need 30 lift towers. Maybe 20, the D-Line rope gauge is much larger than previous lift tech allowing greater free span distances. I believe the Jordan 8 will have fewer towers than the quad did. Loon's Kanc 8 has fewer towers than the Lanc Quad did for sure.

mbedle · Sep 8, 2022

thetrailboss said:
Well, I do wonder if he was the "one" that was laid off (or transitioned) that had that responsibility.

I don't know how long he has been gone from POWDR, but it has been a while. POWDR's current COO is still in MBA school (?!)

It was him, he join PGR in 2013 after leaving Powdr.

thetrailboss · Sep 8, 2022

Just got this:

ANOTHER STOP ALONG THIS LONG, STRANGE TRIP.

Dear Jay Peaker,

I’m happy to announce that Pacific Group Resorts (PGRI) has secured the winning bid to purchase Jay Peak and will immediately begin the process of preparing for a closing that will take place heading into the fall. These are sentences nearly 7 years in the writing and I’m very happy to share them with you all. For those of us on this side of the operational fence, this has been a long time coming and it’s news that gives us great hope for our future.

But it is those of you on the other side—Season Passholders, Homeowners, Vacationers, Day Trippers and anyone organized in a way to consider themselves Raised Jay—that we really have to thank for getting this far. Those who stuck with us through the first days of Receivership. Those that, with our staff, navigated 6.5 years of Receivership, 2 years of Covid-impacted operating environments and those that believed experiences like what we offer at Jay Peak were worth staying connected to—despite those things trying to pull us apart.

During the past 6.5 years, our team has tried to focus on what the opportunity of Receivership presented to us. Refocusing on what was most important, building better relationships with our team members, our community, and stakeholders like those reading this, and trying to position the business in a way that would make responsible growth more manageable as we came under new ownership.

And now with PGRI, an industry leader in running resorts that calibrate well to our particular size and frequency, we are moving forward with a partner that believes, as we do, that people come first, recognize Jay Peak’s reputation within the local community and more broadly in the ski industry, and are as enthusiastic about the future as we are.

Offering written thanks to those of you that helped get us here feels underwhelming-especially to our Canadian core that’s spent the better part of two years away from us, to Vermonters and weekenders that navigated onerous Covid operating protocols to spend time here, and season passholders and homeowners that have consistently made investments in experiences that align with sports that they love and the things they believe in.

Internally, back in 2016, we talked about a new line of before and after being drawn for us. Today, I’m happy to say there’s another one being drawn, a decidedly more hopeful one, and I’m very grateful, as the whole team here is, to be on the other side of it with you.

Thanks again so much.

-Steve

Steve Wright
President & General Manager
Jay Peak

thetrailboss · Sep 8, 2022

mbedle said:
It was him, he join PGR in 2013 after leaving Powdr.

So John Cumming has a fatwa on this guy?

Jay Peak bombshell

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ANOTHER STOP ALONG THIS LONG, STRANGE TRIP.​

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ANOTHER STOP ALONG THIS LONG, STRANGE TRIP.