Cragun’s Resort Changes Ownership After 85 Years

Categories: Golf Resorts & TripsResorts & Trips

Cragun's Resort, a historic destination on Gull Lake, is set for exciting redevelopment.

News Summary

Cragun’s Resort in Brainerd, Minnesota has officially changed ownership after 85 years, marking the largest resort transaction in Minnesota history. The new owner, Leisure Hotels and Resorts, led by Jaime Tatge, plans significant renovations to enhance guest experiences. Eric Peterson will remain as general manager, ensuring continuity during the transition. The acquisition aims to preserve the resort’s legacy while upgrading accommodations and amenities, promising a blend of historical charm and modern conveniences for future visitors.

Brainerd, Minnesota – Cragun’s Resort, a historic establishment on the shores of Gull Lake, has officially changed ownership after 85 years, marking the largest resort transaction in Minnesota history. The new owner, Leisure Hotels and Resorts, is led by Jaime Tatge, who has a wealth of experience in the hospitality industry.

The sale was finalized on April 1, 2024, transferring ownership from the Cragun family, who established the resort during the Great Depression. Cragun’s Resort has gained a reputation for its picturesque location and premium amenities, featuring 206 lodge-style rooms, 55 cabins, five dining options, and three golf courses. The expansive property covers over 800 acres and boasts a mile of shoreline, complemented by 50,000 square feet of meeting and event space.

Under Tatge’s leadership, Leisure Hotels and Resorts plans to undertake significant renovations, focusing on the cabins located on the south side of Steamboat Bay. The redevelopment aims for completion by fall 2025, enhancing the guest experience through modernized accommodations and improved food and beverage offerings. Tatge emphasizes the importance of collaborating with existing staff to maintain the high standards of service that Cragun’s has provided for decades.

Eric Peterson, who has served as the general manager for the past 14 years, will remain in his position, ensuring continuity during this transitional phase. The new ownership aims to retain the dedicated team that has contributed to the resort’s longstanding appeal to families and conference groups alike. Cragun’s has a rich historical significance in the community, and there is a strong commitment to preserving its legacy while integrating modern amenities to attract future guests.

Cragun’s Resort has undergone various improvements over the years, including a major $25 million remodel completed in 2015. The facility is designed to cater to a wide range of visitors, from families seeking a vacation getaway to businesses hosting conferences and events. With the transition to new ownership, there is a focus on elevating the guest experience to ensure that Cragun’s continues to thrive in the competitive resort market.

The acquisition by Leisure Hotels and Resorts represents a significant turning point for the renowned establishment, ushering in a new era while honoring its past. As plans progress, stakeholders and the local community look forward to seeing how these developments will shape the future of Cragun’s Resort, making it an even more attractive destination for travelers and event planners. The new leadership is poised to make strategic changes that will enhance the resort’s offerings while remaining true to its cherished history.

As summer 2025 approaches, anticipation builds for the first guests to experience the revitalized Cragun’s Resort under its new ownership. Visitors can expect a seamless blend of historical charm and modern conveniences, promising an unforgettable stay at one of Minnesota’s most beloved resorts.