Tag Archives: Pennsylvania

Ski Operator Peak Resorts Reports Record Thanksgiving Visitation

Wildwood, MO – Peak Resorts, Inc. on Monday announced that its open resorts saw an increase of over 55 percent in the number of skier visits over the four-day Thanksgiving holiday weekend, to approximately 19,800 visits, compared with approximately 12,500 visits for the same four-day weekend last year. Opening and closing dates at any resort are of course dependent upon … Continue reading Ski Operator Peak Resorts Reports Record Thanksgiving Visitation

Family Owned Ski Areas Thrive in the Keystone State

Union Dale, PA – Joe Moore turned conventional wisdom on its head when he decided to buy part of Elk Mountain Ski Area 50 years ago. “It was a lark because I had only skied a few times prior to becoming financially involved with Elk Mountain,” said the Philadelphia resident. “However, I was fascinated with … Continue Reading … Continue reading Family Owned Ski Areas Thrive in the Keystone State

Peak Resorts IPO Raises $82 Million

Wildwood, MO – Ski resort operator Peak Resorts today announced the closing of its initial public offering of 10,000,000 shares of its common stock at a price to the public of $9.00 per share. The offering raised net proceeds of approximately $82 million after deducting underwriting discounts and commissions … Continue Reading ››

Pennsylvania’s Ski Denton Won’t Open This Winter

Coudersport, PA – Pennsylvania skiers and riders will have one less resort to choose from this winter. Citing economic challenges, the owners of Ski Denton near Coudersport have announced that their lifts will remain silent this winter. “On the heels of the worst two winters that the ski industry has ever seen, and last season’s extreme … Continue reading Pennsylvania’s Ski Denton Won’t Open This Winter

Plans Approved to Reopen Ski Area at Laurel Mountain

Ligonier, PA – The Ligonier Township supervisors board has given its approval to plans to reopen Laurel Mountain ski area within the State Park of the same name. Closed since 2005, there’s been an agreement in place between the state of Pennsylvania and the owners of nearby Seven Springs Mountain Resort to operate Laurel Mountain, which when … Continue reading Plans Approved to Reopen Ski Area at Laurel Mountain

Peak Resorts Sets Terms for IPO

Wildwood, MO – Peak Resorts, which operates 13 overnight-drive and day-area ski resorts in the Northeast and Midwest, on Monday announced terms for its Initial Public Offering first announced last month. The Wildwood, Mo.-based company plans to raise $100 million by offering 10 million shares at a price range … Continue Reading ››

2015 U.S. Revolution Tour Schedule Announced

Park City, UT – The 2015 U.S. Revolution Tour, organized by the U.S. Ski Team and U.S. Snowboarding, is celebrating its eleventh anniversary this year with halfpipe and slopestyle stops in Copper Mountain, Colo.; Seven Springs, Penn.; and Mammoth Mountain, Calif. This year, the Rev Tour will be adding Big Air to its schedule in Mammoth, … Continue reading 2015 U.S. Revolution Tour Schedule Announced