Open Road Resorts secured a strategic investment from L Catterton, THOR Industries, Long Light Capital, and Chesapeake Partners to enhance its portfolio of RV parks and campgrounds.

Sep 05, 2024•over 1 year ago

DallasHotelLeisureHospitalityTravel

Investors

Chesapeake PartnersLong Light CapitalThor IndustriesL Catterton

Description

Open Road Resorts has received investment to support the acquisition of additional parks and enhance amenities and infrastructure at existing locations. This consortium of investors aims to capitalize on the growing demand for outdoor hospitality experiences.

Company Information

Company

Open Road Resorts

Location

Dallas, Texas, United States

About

Open Road Resorts (ORR) is a leading outdoor hospitality company focused on owning and operating RV parks and campgrounds across the United States. ORR was founded in 2019 by close friends Chase Becker and Jim Omstrom, with the vision of providing a best-in-class experience for RVers by building a portfolio of clean, safe, highly amenitized, family-friendly parks throughout the U.S. ORR currently has five RV Parks across Idaho, Montana, Nebraska, and Texas, along with several more in the pipeline and a new greenfield development in the Dallas, TX market.

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Funding Insights

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