Longtime family-owned Cragun's Resort sold to MN hospitality company

Longtime family-owned Cragun's Resort sold to MN hospitality company

Owner Dutch Cragun will sell the beloved Cragun's Resort on Gull Lake in Brainerd, MN, to Leisure Hotels and Resorts, headquartered in nearby Baxter.

Cragun’s Resort sold to local investment group

BRAINERD — Cragun’s Resort, family-owned since 1940, is now under contract with a local investment group led by veteran resort management specialist and Brainerd lakes resident Jamie Tatge. “We are incredibly honored and humbled to carry the legacy and excellence of this legendary property, which has produced nearly a century of memories for so many Minnesotans,” Tatge, president of Leisure Hotels and Resorts, said in a news release. While terms…

Cragun's Resort in Brainerd Sold to Investment Group

One of the largest resorts in Minnesota will soon have a new owner. Investment group Leisure Hotels and Resorts is purchasing Cragun's Resort on Gull Lake in Brainerd. Terms of the sale have not been released, and the sale won't be final until later this spring. Cragun's employs more than…