KMOV.COM - The largest resort in the Lake of the Ozarks will become a Margaritaville.“We are thrilled to combine the fun and escapism of our brand with these iconic locations, and provide additional opportunities for our guests to relax and have a great time, which is what we are all about," said John Cohlan, chief executive officer of Margaritaville.Tan-Tar-A resort is located in Osage Beach, Missouri and has a list of highly sought after amenities: 500-room lakefront property spread across 1,150 miles of shoreline on Lake of the Ozarks 27-holes of golf across two courses 103-slip marina 8 food and beverage venues Full-service spa and salon Fitness Center Horseback and pony riding Numerous sports facilities including tennis, basketball and beach volleyball courts Indoor and outdoor pools 20,000 square-foot indoor waterpark More than 91,000 square feet of event space On-site wedding chapel Tan-Tar-A was recently acquired by DAD – a privately held investment firm specializing in the acquisition and development of hotel assets – with JV partner Sefira Capital, a Miami-based investment boutique platform that focuses on acquiring and developing commercial real estate. An affiliate entity of DAD, Flamingo Beach Resort & Spa has been owned by Costa Rica-based Hotelera Playa Flamingo SA and managed by Driftwood Hospitality Management (DHM) since 2003.
A portion of the equity of Tan-Tar-A will now be syndicated via DAD’s investment platform. DAD will assist Margaritaville with the rebranding efforts for both properties. “It’s a dream come true for us to partner with Margaritaville, as we help to rebrand Tan-Tar-A and Flamingo Beach,” said Carlos Rodriguez, chief executive officer of DAD. “The Tan-Tar-A acquisition has helped us reach our 2017 growth goal already, just halfway through the year, and Flamingo Beach has been near and dear to my heart for a very long time. We’re excited to get underway, working together with the Margaritaville team to help travelers create unforgettable memories in the Midwest..." So what is Margaritaville?
According to their website,Margaritaville has become America’s leading lifestyle escapism brand. Inspired by the lyrics and lifestyle of singer, songwriter and author, Jimmy Buffett, whose songs evoke a passion for tropical escape and relaxation.
Margaritaville features nine destination resorts/hotels across the Southeast United States and Caribbean and twenty additional locations in active development, four gaming locations and more than 60 food and beverage locations including signature concepts such as Margaritaville Restaurant, award-winning JWB Prime Steak and Seafood, 5 o’Clock Somewhere Bar & Grill and LandShark Bar & Grill. More than 15 million travelers every year change their latitude and attitude with a visit to a Margaritaville resort, residential real estate destination, vacation club, vacation home rental and restaurant.
Consumers can also escape everyday through a collection of Margaritaville lifestyle products including apparel for men and women, footwear, frozen concoction makers, home décor and more. Additionally, the brand’s food, beverage and spirits lines – including Margaritaville tequilas, rums, LandShark Lager and Island Tea – deliver authentic, tropical escapism to fans around the world. Margaritaville, a state of mind since 1977.Copyright 2017 KMOV (Meredith Corporation). All rights reserved