Split Rock Resort is a popular destination located in the Pocono Mountains of Pennsylvania, offering a wide range of recreational activities and amenities for visitors. However, there has been some speculation about who owns Split Rock Resort currently. In this article, we’ll take a closer look at the ownership history of Split Rock Resort and find out who owns it now.
History of Split Rock Resort Ownership
Split Rock Resort was originally owned by Jack Kresge, who also founded Kmart Corporation. Kresge opened the resort in 1941 as a private retreat for his family and friends. After his death in 1985, the resort was sold to a group of investors led by Richard E. “Dick” Weber.
Weber, a successful businessman and former owner of Weber’s Ski Area in Lake Harmony, Pennsylvania, had big plans for Split Rock Resort. He invested millions of dollars into renovating and expanding the property, adding new amenities like an indoor water park and golf course.
In 2009, Weber sold Split Rock Resort to a company called Odyssey Investment Partners. Odyssey Investment Partners is a private equity firm that specializes in acquiring middle-market companies with strong growth potential. At the time of the acquisition, Odyssey announced plans to continue investing in the resort to further enhance its offerings.
Current Ownership
As of 2021, Split Rock Resort is still owned by Odyssey Investment Partners. The company has continued to invest in the property over the years, adding new amenities like an arcade and bowling alley as well as renovating existing accommodations.
While some visitors may wonder about changes in ownership or management at Split Rock Resort over time, it’s clear that Odyssey Investment Partners has made significant investments to ensure that this popular destination remains a top choice for travelers seeking fun and relaxation in the Pocono Mountains.
Conclusion
In conclusion, Split Rock Resort has undergone several changes in ownership over the years, but it is currently owned by Odyssey Investment Partners. This private equity firm has invested millions of dollars into enhancing the resort’s offerings and amenities, ensuring that it remains a top destination for travelers seeking a fun and relaxing getaway in the Pocono Mountains. Whether you’re looking to hit the slopes, splash around at an indoor water park, or simply unwind in a scenic setting, Split Rock Resort has something for everyone.