Bear Creek Resort is a popular vacation spot located in the beautiful Pocono Mountains of Pennsylvania. If you’re planning a trip to this resort, you may be wondering who owns it. In this article, we’ll explore the history of Bear Creek Resort and who currently owns it.
Bear Creek Resort’s History
Bear Creek Resort was originally founded in the early 1960s by a man named Jacob Grammes. He built a small ski hill on his property and opened it to the public. Over the years, the resort grew in popularity and expanded to include other winter activities such as snowboarding and tubing.
In 1999, Bear Creek Resort was purchased by a company called Cedar Fair Entertainment Company. This company also owns other popular amusement parks such as Cedar Point and Kings Island. Cedar Fair invested heavily in the resort, adding new amenities like a spa, golf course, and conference center.
Who Owns Bear Creek Resort Now?
In 2009, Cedar Fair sold Bear Creek Resort to a private equity firm called Lubert-Adler. This firm specializes in real estate investments and has owned several other resorts over the years.
Lubert-Adler has continued to invest in Bear Creek Resort, adding new features like an adventure park with ziplines and ropes courses. They’ve also made improvements to existing amenities like the ski slopes and hotel rooms.
What Does The Future Hold for Bear Creek Resort?
It’s difficult to predict exactly what will happen with Bear Creek Resort in the future. However, based on Lubert-Adler’s track record with other resorts they’ve owned, it’s likely that they will continue to make improvements and invest in new features.
If you’re planning a trip to Bear Creek Resort, rest assured that it is currently owned by an experienced company that is dedicated to providing guests with an exceptional experience.
In Conclusion
Bear Creek Resort has a rich history and has been owned by several different companies over the years. Currently, it is owned by Lubert-Adler, a private equity firm that specializes in real estate investments. Despite changing ownership, Bear Creek Resort has remained a popular vacation destination that continues to improve and grow with each passing year.