Posted Tuesday, March 27, 2007 10:53 AM | Contributed by Jeff
Upgrades have already started for five newly acquired properties to be renamed and incorporated into Mt. Olympus. On March 15, Nick and Eva Laskaris, now the sole proprietors of Mt. Olympus, purchased three adjacent lodging properties and two major attractions to create the largest entertainment resort complex in the Wisconsin Dells. The purchase included Treasure Island, the Captain's Quarters, Pleasant View Motel, The Bay of Dreams Indoor Waterpark and the former Family Land Outdoor Waterpark properties. With the acquisition from the Mattei family, Mt. Olympus adds over 356 guest rooms, 30 vacation units and an additional 60 acres of real estate to Mt. Olympus, bringing the total acreage to over 156 acres. This includes over 1 1/2 miles of frontage on the famous Wisconsin Dells Parkway (Hwy 12).
Read more from Milwaukee Business Journal.
The link doesn't work for more info - is the story now that they are the only owners?
Aha... found a link! That is what happened, they are now sole owners, not a partnership... http://milwaukee.bizjournals.com/milwaukee/stories/2007/03/26/daily3.html*** This post was edited by Isca 3/27/2007 11:05:45 AM ***
But in completely unrelated news? Pinkish foam futures just shot up an amazing 17000 perecnt!
I think its great they keep moving forward and are starting to make themselves the must visit place of the dells. I do worry on the other hand that they are expanding too quickly which is a quick path to failure as we have seen time and time again in the amusement business, as well as everywhere else in the business world. They already had a lot of room for growth at the current parks in terms of land and upgrades. Not to mention the overall guest service and park friendliness can't be found on property.
Best of luck to the Mt. Olympus group. Just remember to keep your eye on the small things that make the big picture, and not just on the future.
Oh, for crying out loud. I hope not!
But I'd love to see him order a nice lil' Gerstlauer steelie with say, the most inversions in North America. Wouldn't be out of his reach. Or mine...
Chuck, who could see a looper like Lagoon is getting or something but nothing record breaking in the looping catagory. that would be well over 15 mill to even think about.
Coincidentally (or not), that's about as good as you're gonna do on a woodie these days too...
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