After sale of Cragun’s, what’s next for family-owned resorts in Minnesota?

After sale of Cragun’s, what’s next for family-owned resorts in Minnesota?

The announcement earlier this month of the sale of Cragun’s Resort inspired an outpouring of nostalgia in the press. The Cragun family has owned the resort on Gull Lake north of Brainerd for 85 years, during which time it has grown from a modest family-run property into one of Minnesota’s biggest and most beloved vacation destinations.The buyer, Baxter-based Leisure Hotels and Resorts, saw an opportunity to take Cragun’s “into the next generatio…