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JAY, Vermont -- After nearly 25 years of leading Jay Peak as President and Chief Operating Officer, Bill Stenger, along with a group of private investors, has purchased the northern Vermont Resort-located just a few miles south of the Canadian border. "The sale of Jay Peak is a very positive transition-not only from the perspective of our employees and guests, but from that of the entire community of Jay Peak stakeholders. Our entire ownership and management team is very excited to move Jay Peak forward toward a higher level of service and quality." said Stenger.
Mont Saint Sauver International (MSSI), an owner and operator of Canadian-based ski resorts, had owned the Resort since 1978. Stenger had been working on the developing sale and transition since the early fall of 2007.
Along with Stenger, long-time Jay Peak homeowner Ariel Quiros has been a key figure in the process of transitioning to a new ownership group. "Mr. Quiros has been a Jay Peak vacationer for more than 25 years and a homeowner for nearly a dozen; he is keenly aware of not only our upside but, more importantly, what makes Jay Peak unique and special to so many guests." continued Stenger. Mr Quiros lives full-time with his wife and family in Key Biscayne, Florida.
"I'm very proud and excited to be a part of Jay Peak's evolution," said Quiros "and look forward to working with Bill and the management team toward full development of the Resort's Master Plan. Jay Peak is a special place and we're all going to be focused on delivering great experiences with the mountain as our primary focus."
While the short and medium term future will include several major capital improvements designed at improving the guests off-mountain experience