Frisco, Texas-based Thousand Trails Inc., the largest operator of membership-based campgrounds in the United States, announced today (Oct.1) it has purchased the Ponderosa RV Resort in Lotus, Calif.
According to a press release, the resort will be designated as a NACO preserve, one of three campground systems comprising Thousand Trails, and would replace California’s Windsor campground.
The purchase adds approximately 700 new members to Thousand Trails’ current base of over 100,000 members.The company anticipates the campground to be open to membership as early as Oct. 21.
The Ponderosa RV Resort, located east of Sacramento in the Coloma Valley, offers 150 sites stretching along a one-half mile of river frontage.
“This scenic riverfront campground will provide endless opportunities for our members to enjoy family activities and top-notch facilities in a prime Northern California location,” said Thousand Trails’ President and CEO John Malone. “The Ponderosa RV Resort is an outstanding addition to our other preserves in that area and will enhance our entire camping system greatly.”
In August, Chicago-based MHC purchased the real estate holdings of Thousand Trails Inc. for $160 million, including about 3,000 acres of vacant land. As part of the transaction, Thousand Trails will continue to operate its more than 50 campgrounds through a 15-year leaseback arrangement.