If you’re planning a trip to the Grand Traverse Resort, you might be wondering who owns this beautiful property. The Grand Traverse Resort is located in Acme Township, Michigan, and it’s a popular destination for golfers, spa-goers, and outdoor enthusiasts alike. Let’s dive into the ownership of this resort and its history.
History of the Grand Traverse Resort
The Grand Traverse Resort was built in 1980 by Kewadin Casinos. At the time, it was known as the Kewadin Inn.
The resort was designed to be a year-round destination that would attract visitors from all over the world. In 1983, the resort’s name was changed to the Grand Traverse Resort and Spa after it underwent a $30 million renovation.
The Ownership of the Grand Traverse Resort
Today, the Grand Traverse Resort is owned by the Grand Traverse Band of Ottawa and Chippewa Indians (GTB). The GTB is a federally recognized Native American tribe that has been living in Michigan for hundreds of years. The tribe owns several other businesses in addition to the resort, including two casinos and a construction company.
Why Did GTB Buy the Grand Traverse Resort?
In 2003, GTB purchased the Grand Traverse Resort from an investment group for $32 million. The tribe’s decision to purchase this property was based on several factors.
First, they wanted to diversify their business portfolio by investing in tourism and hospitality. Second, they saw potential for growth in this industry because of Michigan’s natural beauty and tourist attractions.
What Changes Has GTB Made Since Owning the Resort?
Since purchasing the resort in 2003, GTB has invested millions of dollars into renovating and expanding it. They have added new amenities like an indoor water park and a golf academy. They have also renovated the hotel rooms and restaurants to make them more modern and luxurious.
The Future of Grand Traverse Resort
The Grand Traverse Resort is a beloved destination for thousands of visitors each year, and GTB has plans to continue investing in its growth. In 2021, they announced a $15 million renovation project that will include updates to the lobby, restaurants, and convention center. They are also planning to build a new hotel tower with over 140 rooms.
Conclusion
So, who owns the Grand Traverse Resort? The answer is the Grand Traverse Band of Ottawa and Chippewa Indians.
This tribe has invested heavily in the resort since purchasing it in 2003, and they have big plans for its future. If you’re planning a trip to Michigan, be sure to check out this beautiful property owned by one of Michigan’s own Native American tribes.
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