Who Bought Tan Tar a Resort?
Tan Tar a Resort, the iconic family-friendly retreat in Osage Beach, Missouri, has recently undergone a change of ownership. After being owned and operated by the same family for over 50 years, the resort was sold to a new owner in April 2021.
While the identity of the buyer was kept confidential at first, it has now been revealed that Driftwood Acquisitions & Development (DAD) is the proud new owner of Tan Tar a Resort.
The Buyers
DAD is a Florida-based hospitality company that specializes in acquiring and developing hotel properties across the United States. With over 20 years of experience and a portfolio of over 60 hotels, DAD has built a reputation for revitalizing properties into profitable investments.
According to Carlos Rodriguez, CEO of DAD, the acquisition of Tan Tar a Resort aligns with their strategy to expand their presence in the Midwest region. He believes that Tan Tar a Resort has immense potential to become one of Missouri’s premier vacation destinations with its stunning location and extensive range of amenities.
The Previous Owners
Tan Tar a Resort was previously owned by the Martin family who had purchased it in 1960. The Martin family had transformed it from an ordinary fishing camp into an iconic resort spread across 420 acres surrounding Lake of Ozarks.
The resort boasted over 800 rooms and suites, multiple dining options, golf courses, spa facilities, water sports activities and much more.
However, as time passed and with increased competition from newer resorts around Lake Ozarks area, Tan Tar a Resort began to lose its charm. The Martin family found it difficult to keep up with maintaining such an extensive property while providing top-notch services to guests.
The Future of Tan Tar a Resort
With DAD taking over, it is expected that Tan Tar a Resort will undergo significant renovations and improvements to bring it back to its glory days. Carlos Rodriguez has already outlined some of the changes they plan to make, including renovating guest rooms, upgrading dining options, enhancing the spa facilities and adding new recreational activities.
It remains to be seen how these changes will be received by long-time guests of Tan Tar a Resort. However, it is clear that with DAD’s expertise in the hospitality industry and their commitment to providing exceptional guest experiences, Tan Tar a Resort is in good hands.
Conclusion
Tan Tar a Resort has been an iconic vacation destination for families for over half a century. With its new ownership under DAD, there is hope that the resort will continue to thrive and provide unforgettable experiences for generations to come.
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