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The Green Mountain Flyer at Jay Peak (2013)
Jay Peak Resort
Jay, Vermont
Status: Open
First Season:1956-57
Vertical Drop:2153 feet
Standing Lifts:1 aerial tram, 1 high speed quad, 2 quads, 1 triple, 1 double, surface lifts
Past Lifts:3 doubles, surface lifts
Left: The Green Mountain Flyer at Jay Peak (2013)
Recent NewEnglandSkiIndustry.com News:
11/17/2016: Jay Peak, Burke, Related Properties Owe Towns $2.5 Million i...
10/29/2016: Jay Peak Misses Property Tax Payment
9/3/2016: Bill Stenger Out at Jay Peak
9/2/2016: Former Jay Peak CEO Bill Stenger Announces Settlement with S...
SkiNewEngland.net Profile
Located near the Canadian border, Jay Peak is one of the highest peaks in Vermont at 3,858 feet in elevation.

The Early Years

Jay Peak before alpine skiing
Jay Peak before alpine skiing

After years of attempts, a ski area on Jay Peak began to look like a reality as the Jay Peak, Inc. was formed in 1955. As part of a $250,000 development, a new Poma lift arrived on site from France in October of 1956. Centered around this development in today's State Side base, Jay Peak opened for the 1956-57 as a surface lift area. Don McNally, manager of a local drive in movie theater, managed the ski area, while Walter Foeger ran the ski school. Foeger's Natur Teknik would later spread to multiple ski areas throughout the northeast.

The area found itself in need of more funds after its initial season, attempting a $30,000 stock sale to pay off debt and continue trail development. By the time its second season rolled around, the Poma lift had been extended (to an advertised 1,500 vertical feet), 5 trails were now open, and plans were developed for night skiing and a chairlift.

The 1960s would be a huge decade for Jay Peak, starting with the installation of its first chairlift, the Bonaventure, for the 1960-61 season. With this chairlift, Jay now sported a vertical drop of 1,700 feet.

To The Summit!

The Tram circa the late 1960s or 1970s
The Tram circa the late 1960s or 1970s

The summit was opened via an upper mountain double chairlift for the 1965-66 season, increasing the area's vertical drop over 2,000 feet. That January, shareholders of Jay Peak, Inc. agreed to sell shares to timber giant Weyerhaeuser Co., in order to finance a large expansion. Shortly thereafter, a $2.5 million expansion project was announced.

The centerpiece of the expansion was a 2,050 vertical foot Von Roll tramway, which ensured major resort status. The 60-passenger tram was advertised as providing a 5 minute ride to the summit. In addition to the tram, a summit lodge was built, as well as a night club in the base area.

Due in part to friction with the new corporate ownership, Walter Foeger formally left Jay Peak after the 1967-68 season and was replaced as ski school director by George Stepanek (who had developed the Natur Teknik ski school at Thunder Mountain, MA two years earlier).

Jay Peak circa the 1970s
Jay Peak circa the 1970s

The Hotel Jay opened in 1974, providing 48 slopeside rooms for guests.

Weyerhaeuser Co. sold Jay Peak to the owners of Mont Saint Sauver in 1978. In 1985, Mont Saint Sauver International (MSSI) recruited Jack Frost General Manager Bill Stenger to run Jay Peak.

In September 1996, MSSI announced its intention to sell Jay Peak. In November 1997, MSSI announced it had entered into an agreement to sell the ski area to Lifestyle Resorts International of Ontario, with Stenger remaining the resort's President. The deal fell through in January 1998 due to financing issues.

Seeking to boost the resort, MSSI installed Jay Peak's first high speed chairlift in 1999, The Green Mountain Flyer.

New Ownership and EB-5

MSSI's principle shareholder Jacques Hebert passed away on March 17, 2006, resulting in even more pressure to sell Jay Peak. In December 2006, the $17.5 million Jay Peak Hotel Suites EB-5 project was launched. Under the EB-5 program, a foreigner can invest $1 million in an approved United States business (which must then create jobs), in exchange for a green card. With the Northeast Kingdom labeled a Targeted Employment Area, the minimum investment is cut in half to $500,000, making participating rural businesses such as Jay Peak more attractive.

In 2007, MSSI reportedly reached an agreement to sell Jay Peak to Taihan Electric for $32 million, however the deal fell through. Stenger then reportedly urged Ariel Quiros to purchase the ski resort.

Starting in January of 2008, Stenger operated Jay Peak for Quiros's Q Resorts while a final sale agreement was arranged. In June 2008, Q Resorts acquired Jay Peak for $15 million plus the assumption of $8.5 million. As part of the agreement, Stenger would allegedly earn a 20% ownership stake after five years.

The expanded Jay Peak base areas (2015)
The expanded Jay Peak base areas (2015)

With the EB-5 funds, a $120 million development was started. On December 18, 2009, Jay Peak's first big EB-5 project, the 57-suite Tram Haus Lodge, opened. The following June, the Ice Haus (an indoor skating rink) and Golf Clubhouse both debuted.

Ground was broken for a new hotel and water park on July 7, 2010. That winter, Jay Peak added new snowguns and an RFID lift ticket system.

In December 2011, Jay Peak held the grand opening for its new $27 million indoor water park, called the Pump House. The new Hotel Jay debuted shortly thereafter.

In spring 2012, Ariel Quiros purchased Burke Mountain Resort. That off-season, a new learning center, magic carpet, and fixed grip quad were added at Jay Peak.

Work commenced in the spring of 2013 on a new base lodge and chairlift in the Stateside area. While the chairlift was expected to be a high speed detachable six pack, plans were later scaled back to a slight relocation of the existing fixed grip quad. Phase 2 was later postponed.

The Government Takes Over Jay Peak

Jay Peak as seen from Big Jay (2016)
Jay Peak as seen from Big Jay (2016)

On April 13, 2016, the Securities and Exchange Commission took over Jay Peak, amid accusations that owners Ariel Quiros and Bill Stenger ran a Ponzi-like scheme that defrauded EB-5 investors. According to the complaint, some $200 million of EB-5 funding was misused.

Following the SEC raid, the government installed Michael Goldberg as the receiver and Leisure Hotels and Resorts of Kansas City as the operator of Jay Peak and Burke.

After the end of the 2015-16 ski season, the Vermont Passenger Tramway Division closed the Jay Peak Aerial Tramway, citing the need for repairs and upgrades.

NewEnglandSkiConditions.com Reports
Month Average Percent of Terrain Open
March99%    (1 report)99 Open
Recent Conditions Reports
Mar. 6, 2016 by newenglandskier13
Packed Powder, Ice
Jay Peak Resort on NewEnglandSkiConditions.com

NewEnglandSkiIndustry.com News
Recent Articles
Jay Peak, Burke, Related Properties Owe Towns $2.5 Million in Back Taxes, Fees - Nov. 17, 2016
Jay Peak Misses Property Tax Payment - Oct. 29, 2016
Bill Stenger Out at Jay Peak - Sep. 3, 2016
Former Jay Peak CEO Bill Stenger Announces Settlement with SEC - Sep. 2, 2016
Receiver's First Interim Report Paints Bleak Picture of Jay Peak and Burke - Aug. 12, 2016
Jay Peak Tram Reopens - Jun. 25, 2016
Court Approves $4.9 Million Jay Peak Tram Repair Project - Jun. 7, 2016
Government Easing Restrictions on Jay Peak and Burke Owners - Jun. 1, 2016
Jay Peak Tram Closed Until Repairs Are Made - May. 24, 2016
Quiros Alleges Stenger Participated in Failed Hostile Takeover of Jay Peak - May. 4, 2016
Jay Peak Resort NewEnglandSkiIndustry.com News Page

Expansion History
Project
Season
Summit
Open
1965-66
Stateside Redevelopment
Open
2013-14
West Bowl
Proposed

Image Gallery
1959-60 Eastern Ski Map1960-61 Eastern Ski Map1970 Granby Leader Mail1970-71 Eastern Ski Map1971-72 Eastern Ski Map1972-73 Eastern Ski Map
View All Images in Jay Peak Resort Image Gallery
Lifts
Click on lift name for information and photos
Standing Lifts
Installed
Aerial Tram construction circa 1966
Aerial Tram
Von Roll
Aerial Tramway
1966-67
The Bonaventure Quad base terminal prior to relocation
Bonaventure Quad
Doppelmayr
Chairlift - Quad - Fixed
1987-88
The Green Mountain Flyer in 2013
Green Mountain Flyer
Leitner
Chairlift - Quad - Detachable
1999-00
The Jet Triple in 2013
Jet Triple Chair
Doppelmayr
Chairlift - Triple - Fixed
1985-86
The Metro Quad in 2013
Metro Quad
Doppelmayr
Chairlift - Quad - Fixed
2002-03
The Taxi Quad in 2013
Taxi Quad
Doppelmayr
Chairlift - Quad - Fixed
2012-13
The Village Chair in 2013
Village Chair
Borvig-Hall
Chairlift - Double - Fixed
1995-96

Past Lifts
Seasons
The upper lift line circa the late 1960s or 1970s
Bonaventure Double
Mueller
Chairlift - Double - Fixed
1960-61
-
1986-87
Boulevard T-Bar
Doppelmayr
T-Bar
1962-63
-
1986-87
The Green Mountain Double dedication in January of 1970
Green Mountain Double
Hall
Chairlift - Double - Fixed
1969-70
-
1998-99
Jet T-Bar
Doppelmayr
T-Bar
1959-60
-
1984-85
Metro T-Bar
Doppelmayr
T-Bar
1966-67
-
2000-01
The Poma circa the late 1950s or 1960s
Poma

Platter
1956-57
-
1966-67
Queen's Highway T-Bar in 2007
Queen's Highway T-Bar
Doppelmayr
T-Bar
1986-87
-
2011-12
The Skyline Double circa 1966
Skyline Double
Doppelmayr
Chairlift - Double - Fixed
1965-66
-
1970s

Maps
1962-63 Jay Peak Trail Map1967-68 Jay Peak Trail Map1968-69 Jay Peak Trail Map2001-02 Jay Peak trail map2002-03 Jay Peak Trail Map2003-04 Jay Peak trail map
View All Jay Peak Resort Trail Maps

Year by Year History
Adult Weekend Full Day Lift Ticket; Adult Full Price Unlimited Season Pass
2010s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
2016-17$82.002016-17 Ticket Price Graph$919.002016-17 Season Pass Price Graph11.2 daysNovember 252016-17 Skier Visit Graph
2015-16$79.002015-16 Ticket Price Graph$919.002015-16 Season Pass Price Graph11.6 daysNovember 27May 12015-16 Skier Visit Graph
2014-15$72.002014-15 Ticket Price Graph$899.002014-15 Season Pass Price Graph12.5 daysNovember 21May 32014-15 Skier Visit Graph
2013-14$69.002013-14 Ticket Price Graph$899.002013-14 Season Pass Price Graph13.0 daysNovember 23May 112013-14 Skier Visit Graph
2012-13$69.002012-13 Ticket Price Graph$899.002012-13 Season Pass Price Graph13.0 daysApril 282012-13 Skier Visit Graph
2011-12$75.002011-12 Ticket Price Graph2011-12 Season Pass Price GraphNovember 25April 292011-12 Skier Visit Graph
2010-11$69.002010-11 Ticket Price Graph2010-11 Season Pass Price GraphNovember 26May 152010-11 Skier Visit Graph
2009-10$67.002009-10 Ticket Price Graph2009-10 Season Pass Price GraphDecember 5May 22009-10 Skier Visit Graph
2000s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
2008-09$65.002008-09 Ticket Price Graph2008-09 Season Pass Price Graph2008-09 Skier Visit Graph
2007-08$62.002007-08 Ticket Price Graph2007-08 Season Pass Price GraphMay 4320,0002007-08 Skier Visit Graph
2006-07$59.002006-07 Ticket Price Graph2006-07 Season Pass Price Graph2006-07 Skier Visit Graph
2005-06$58.002005-06 Ticket Price Graph2005-06 Season Pass Price GraphApril 222005-06 Skier Visit Graph
2004-05$56.002004-05 Ticket Price Graph2004-05 Season Pass Price Graph2004-05 Skier Visit Graph
2003-04$54.002003-04 Ticket Price Graph2003-04 Season Pass Price Graph2003-04 Skier Visit Graph
2002-03$53.002002-03 Ticket Price Graph$550.002002-03 Season Pass Price Graph10.4 days300,0002002-03 Skier Visit Graph
2001-02$52.002001-02 Ticket Price Graph2001-02 Season Pass Price Graph2001-02 Skier Visit Graph
2000-01$49.002000-01 Ticket Price Graph$760.002000-01 Season Pass Price Graph15.5 daysNovember 24April 292000-01 Skier Visit Graph
1999-00$49.001999-00 Ticket Price Graph$760.001999-00 Season Pass Price Graph15.5 days1999-00 Skier Visit Graph
1990s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
1996-97$39.001996-97 Ticket Price Graph1996-97 Season Pass Price Graph1996-97 Skier Visit Graph
1995-96$38.001995-96 Ticket Price Graph1995-96 Season Pass Price GraphNovember 181995-96 Skier Visit Graph
1994-95$37.001994-95 Ticket Price Graph1994-95 Season Pass Price Graph1994-95 Skier Visit Graph
1993-94$35.001993-94 Ticket Price Graph1993-94 Season Pass Price Graph1993-94 Skier Visit Graph
1992-93$35.001992-93 Ticket Price Graph1992-93 Season Pass Price Graph1992-93 Skier Visit Graph
1991-92$34.001991-92 Ticket Price Graph1991-92 Season Pass Price Graph1991-92 Skier Visit Graph
1990-91$32.001990-91 Ticket Price Graph1990-91 Season Pass Price GraphNovember 151990-91 Skier Visit Graph
1989-90$31.001989-90 Ticket Price Graph1989-90 Season Pass Price Graph1989-90 Skier Visit Graph
1980s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
1988-89$29.001988-89 Ticket Price Graph1988-89 Season Pass Price GraphNovember 24April 301988-89 Skier Visit Graph
1987-88$28.001987-88 Ticket Price Graph1987-88 Season Pass Price Graph1987-88 Skier Visit Graph
1983-841983-84 Ticket Price Graph1983-84 Season Pass Price GraphNovember 181983-84 Skier Visit Graph
1982-83$20.001982-83 Ticket Price Graph1982-83 Season Pass Price Graph89,0001982-83 Skier Visit Graph
1981-82$18.001981-82 Ticket Price Graph1981-82 Season Pass Price Graph1981-82 Skier Visit Graph
1980-81$18.001980-81 Ticket Price Graph1980-81 Season Pass Price Graph1980-81 Skier Visit Graph
1970s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
1978-79$13.001978-79 Ticket Price Graph1978-79 Season Pass Price GraphDecember 161978-79 Skier Visit Graph
1977-78$13.001977-78 Ticket Price Graph1977-78 Season Pass Price GraphDecember 101977-78 Skier Visit Graph
1976-77$11.001976-77 Ticket Price Graph1976-77 Season Pass Price GraphNovember 251976-77 Skier Visit Graph
1975-761975-76 Ticket Price Graph1975-76 Season Pass Price GraphDecember 231975-76 Skier Visit Graph
1974-75$9.501974-75 Ticket Price Graph1974-75 Season Pass Price GraphDecember 201974-75 Skier Visit Graph
1973-74$8.501973-74 Ticket Price Graph1973-74 Season Pass Price Graph1973-74 Skier Visit Graph
1972-73$8.001972-73 Ticket Price Graph1972-73 Season Pass Price Graph1972-73 Skier Visit Graph
1969-70$8.001969-70 Ticket Price Graph1969-70 Season Pass Price Graph1969-70 Skier Visit Graph
1960s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
1967-681967-68 Ticket Price Graph1967-68 Season Pass Price GraphNovember 181967-68 Skier Visit Graph
1966-67$7.001966-67 Ticket Price Graph1966-67 Season Pass Price Graph1966-67 Skier Visit Graph
1961-621961-62 Ticket Price Graph1961-62 Season Pass Price GraphDecember 16April 281961-62 Skier Visit Graph
1959-60$4.501959-60 Ticket Price Graph1959-60 Season Pass Price Graph1959-60 Skier Visit Graph
1950s Ticket Price Season Pass Price
Pass Payback
Opening Day
Closing Day
Skier Visits
1956-571956-57 Ticket Price Graph1956-57 Season Pass Price GraphJanuary 71956-57 Skier Visit Graph

Visitor Memories
"There was a reason it was called the 'Jet' t-bar...that thing would literally launch you off the ground at the start. If you were lucky enough to make it to the top, then you survived a trip up that was just as thrilling as a run down. Gave a small kid like me a nervous scare and a great sense of accomplishment-which is want skiing is all about, isn't it?"
brandon meyer, Feb. 24, 2015
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External Links
  • Jay Peak Resort - official site
  • JayPeakHistory.com
  • Jay Peak - FranklinSites.com Hiking Guide
  • Last updated: June 7, 2016

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