Driftwood Acquisitions & Development to Introduce Margaritaville Lake Resort, Lake of the Ozarks
New details were revealed recently surrounding the introduction of a Margaritaville Resort to the shores of Lake of the Ozarks in Osage Beach, Mo. This new lakeside retreat, the first of its kind for Margaritaville, will feature renovated guestrooms, an exterior refresh and several new dining concepts. Upon completion of a phased renovation program in spring 2019, the property will be named Margaritaville Lake Resort, Lake of the Ozarks.
“Margaritaville's relaxing, laid-back vibe fits in perfectly here at Lake of the Ozarks and complements the unique charm of Osage Beach,” said Fred Dehner, the resort's general manager. “We look forward to introducing the brand's distinctive sense of fun and escapism to guests from around the world.”
Guestrooms in the Resort Complex have been updated to feature elements of Margaritaville's signature 'casual-luxe' design.
Final touches will be completed early next year, including updates to the lobby, marina, water park, bowling alley and more.
The former property, Tan-Tar-A Resort, was acquired in 2017 by Driftwood Acquisitions & Development (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. DAD is assisting with the transition.
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