Coeur d’Alene Resort is a luxurious hotel located in the city of Coeur d’Alene, Idaho. The resort is known for its stunning views of Lake Coeur d’Alene, world-class golf course, and exceptional hospitality services.
However, when it comes to who owns Coeur d’Alene Resort, there may be some confusion. In this article, we will explore the ownership of this magnificent resort.
The History of Coeur d’Alene Resort
The story of Coeur d’Alene Resort dates back to the early 1900s when the city of Coeur d’Alene was a thriving mining town. The lake on which the resort now stands was used by miners to transport ore to nearby smelters. Over time, tourism became a significant part of the area’s economy, and in 1965, Duane Hagadone purchased a small marina on Lake Coeur d’Alene.
Duane Hagadone was a local businessman and entrepreneur who had made his fortune in publishing. He saw potential in the marina and began expanding it into what is now known as Coeur d’Alene Resort. The resort officially opened its doors in 1986 and has since become an iconic destination for travelers from all over the world.
Ownership of Coeur d’Alene Resort
Today, Duane Hagadone’s family still owns and operates Coeur d’Alene Resort through their company called Hagadone Hospitality Company. However, there have been some changes in ownership over the years.
In 2007, Duane Hagadone sold a majority stake in his company to a group of investors led by Jerry Jaeger. This led to speculation that Jaeger now owned the resort entirely. However, this is not entirely accurate as Duane Hagadone still retained ownership of some portions of the resort, including the golf course, the marina, and the lakefront land on which the resort sits.
In 2017, Duane Hagadone passed away, and ownership of Coeur d’Alene Resort was officially transferred to his wife, Lola Hagadone. Lola has since taken over as chairman of Hagadone Hospitality Company and continues to oversee the operations of Coeur d’Alene Resort.
The Future of Coeur d’Alene Resort
Under Lola’s leadership, Coeur d’Alene Resort has continued to thrive. In recent years, the resort has undergone significant renovations and expansions to keep up with changing customer needs. This includes adding new restaurants, updating guest rooms, and enhancing the golf course.
Looking ahead, Coeur d’Alene Resort is poised for continued success. The resort’s stunning location and exceptional hospitality services make it a sought-after destination for travelers from around the globe. With an experienced team at the helm and a commitment to providing exceptional experiences for guests, it’s no wonder that Coeur d’Alene Resort remains one of Idaho’s most iconic destinations.
Conclusion
In conclusion, while there have been changes in ownership over the years, Coeur d’Alene Resort remains in the hands of Duane Hagadone’s family through their company Hagadone Hospitality Company. Today, under Lola Hagadone’s leadership, the resort continues to thrive and provide exceptional experiences for guests from around the world. Whether you’re a golfer looking to play one of America’s most beautiful courses or a traveler looking for a luxurious getaway on Lake Coeur d’Alene, there’s something for everyone at this iconic Idaho destination.