Madison Hospitality Group purchases Thumper Pond Golf Resport
Madison Hospitality Group, LLC, a Minnesota-based hospitality operator with businesses in Alexandria, has purchased Thumper Pond Golf Resort in Ottertail.
Terms of the transaction were not disclosed.
Bill Schultz, vice president of Madison Hospitality Group, said that more than $500,000 is slated for investment in the 250-acre full-service, three-star resort.
"We are committed to the future success of Thumper Pond - both through a significant investment of capital and a passion to serve our current and future resort guests," said Schultz.
In addition to Thumper Pond Golf Resort, Madison operates the Holiday Inn, Rudy's Red Eye Grill and Culver's Restaurant in Alexandria, as well as Grand Ely Lodge in Ely, and Le Bourget Aero Suites in Bloomington.