Deal
for Resort Rumored
Concessionaire at Yosemite wont confirm Tenaya Lodge purchase
by Sanford Nax
The Fresno Bee, May 21, 2001
Buffalo, N.Y.-based Delaware North, which runs the motels, stores and other
retail services in Yosemite and Sequoia national parks, is looking into the
purchase of Tenaya Lodge in Fish Camp at the edge of Yosemite.
The company that began as Emprise 85 years ago with popcorn stands and expanded
into racetracks, sports concessions and airport food service has been in a growth
mode in park and resort acquisitions in recent years.
Renamed Delaware North, the company moved into national parks in 1993 with the
high-profile Yosemite concessions contract. Since then, it has won contracts
at Sequoia National Park, Californias Asilomar Conference Grounds and
elsewhere.
Although the word is that Delaware North has already signed a purchase agreement
for the upscale resort, Wendy Watkins, a spokeswoman for Delaware North, would
say only that "rumors are rumors until they are finalized."
"Were constantly evaluating opportunities that could be a good strategic
fit," Watkins said. "Its a beautiful and unique property and
has always had an outstanding reputation for quality and customer service. If
there is a new owner, Im sure they will position it as the key and important
property it is in the gateway community around Yosemite."
At the resort itself, Joe St. Laurent, rooms division manager, said, "We
cant comment on anything." Asked about the hotels current ownership,
he would only state that it is owned "by a group of investors." It
is managed by Destination Hotels & Resorts.
Through his staff, Jonathan Farrington, general manager for the hotel, also
declined to comment. He was appointed general manager in January after serving
as the resorts director of sales and marketing for three years.
The hotels Web site states 2000 marked the "best financial year of
the propertys 10-year history."