Edgewood Tahoe Resort is an upscale hotel located in Stateline, Nevada, on the south shore of Lake Tahoe. The resort is known for its picturesque setting, luxurious amenities, and world-class golf course. However, many people wonder who owns this magnificent property.
Ownership
The Edgewood Tahoe Resort is owned by the Park family. The Parks are a prominent family in the Lake Tahoe region and have been involved in various business ventures for many years. They also own the Edgewood Companies, which oversees the resort’s operations.
The History of Edgewood Tahoe Resort
The Edgewood Tahoe Resort was established in 1968 by George “Bud” Heller and his partners. They wanted to create a luxury resort that would attract affluent tourists to the Lake Tahoe area. The resort quickly became popular among celebrities and high-profile individuals due to its stunning views and top-notch amenities.
In 1972, Heller sold his shares in the resort to Bill Harrah, a casino owner from Reno. Under Harrah’s ownership, several enhancements were made to the property, including the addition of a golf course designed by George Fazio.
After Harrah’s death in 1978, his estate sold the resort to a group of investors led by John Paulson in 2004. However, due to financial difficulties caused by the recession of 2008-09, Paulson was forced to sell his shares in Edgewood Companies to Jon Park and his family.
Since taking over ownership of the hotel in 2011, Jon Park has invested heavily in renovating and upgrading various aspects of the resort such as adding new guest rooms and suites with modern amenities.
- Location: The Edgewood Tahoe Resort is located at 100 Lake Parkway Stateline NV 89449.
- Amenities: The resort features 154 luxury guest rooms, a spa, fitness center, restaurants, and a world-renowned golf course.
- Accolades: The resort has received numerous awards for its exceptional service and amenities. It was named the “#1 Resort Hotel in the U.S.” by Travel + Leisure in 2018 and was awarded the Forbes Four-Star Award in 2020.
Conclusion
In conclusion, the Edgewood Tahoe Resort is owned by the Park family, who have invested heavily in upgrading and improving the property over the years. The resort is known for its stunning location on Lake Tahoe’s south shore, luxurious amenities, and world-class golf course. Whether you’re looking for a romantic getaway or a fun-filled family vacation, Edgewood Tahoe Resort is an excellent choice for your next trip to Lake Tahoe.