Endeavor Hotel Group, a hotel management company based in Wichita, KS, today announced the acquisition of the Arrowwood Lodge at Brainerd Lakes in Baxter, MN. The acquisition was funded through a syndicated offering to an experienced private investor group.
Endeavor now owns and operates 7 hotels representing approximately 1,000 rooms across 5 states in the Midwestern United States. The company began operations in late 2020 and is led by President & CEO Roy Arnold, a hospitality industry veteran whose prior leadership experience includes overseeing a portfolio of 46 hotels across 23 states and serving as an officer in the United States Marine Corps.
“We are very excited about the Brainerd Lakes acquisition.” said Arnold. “Our team has spent considerable time evaluating the Central Minnesota market, which we believe aligns well with our strategic vision. The transaction represents our fourth through a syndicated offering. We maintain a robust pipeline of new acquisition opportunities, which we expect to consummate through similar structures as we continue to grow our footprint in the Midwest.”
“We will execute our “reimagine, rebrand, and reposition” strategy to drive performance, diversify revenue streams and deliver an exceptional guest experience.”
About Endeavor
Endeavor is a hotel management company based in Wichita, KS that owns and operates Upscale Conference Hotels, “Drive-to” Destination Resorts, and Limited-Service Boutique Hotels serving suburban and small city markets in the Midwestern United States. Endeavor’s founder and CEO Roy Arnold previously oversaw a portfolio of 46 hotels and 22 restaurants across 23 states. Arnold also served as CEO of Arlington Park International Racecourse and retired from the United States Marine Corps in 2006 after a 30-year career in peace and war. For more information on Endeavor, refer to our website: endeavorhotelgroup.com
Roy A. Arnold, President & CEO
Endeavor Hotel Group, LLC
roy.arnold@endeavorhotelgroup.com
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