by Andy Ashby [via Memphis Business Journal]
RVC Outdoor Destinations, a provider of high-end outdoor resorts, has added a 400-acre Pennsylvania resort to its portfolio through a joint venture.
The Memphis-based company will take over branding and management of Lake Raystown Resort in Entriken, Pa. by March.
Jules Patt developed the resort in 1984, so RVC’s acquisition will coincide with its 30th anniversary. Lake Raystown Resort has a 52-room lodge, 79 cabins and villas, 221 RV sites, a 650-slip marina, the Wild River Water Park and a 22,000-square-foot conference center.
Patt’s children, Josh Patt and Samantha Patt Kozak, recently purchased their father’s interest in the resort.
Kozak said the family has been searching for a way to expand their market reach and talked with RVC for more than a year.
“RVC is the first company and brand that reflects what we have developed at Lake Raystown Resort,” Josh Patt said. “They bring collaborative resources and support that will allow Lake Raystown Resort to grow and improve.”
Lake Raystown Resort is the second joint venture for RVC Outdoor Destinations. Its first joint venture happened late last year with River Plantation RV Park near the Great Smoky Mountains National Park.
In addition to providing long-term asset management and branding, RVC will provide capital for improvements and expansion for Lake Raystown Resort.
“They are great operators who add a lot to what we do, and their resort is already one of the best outdoor destinations in the country,” Andy Cates, RVC’s president, said. “RVC is redefining outdoor recreation and camping by providing unique environments that provide a consistently high-quality guest experience.”
by Andy Ashby [via Memphis Business Journal]
