Categories: Local Business News

Waskesiu’s Lost Creek Resort Changes Hands: Saskatchewan Groups Take Over

Waskesiu’s Lost Creek Resort Changes Hands: Saskatchewan Groups Take Over

Overview: A New Chapter for Lost Creek Resort

Lost Creek Resort, a cluster of rental cabins nestled in Prince Albert National Park near Waskesiu, Saskatchewan, has a new ownership group as of January 1. The two Saskatchewan-based property developers, Globex Management Corp. and Remai Property Group Inc., completed the purchase of the popular vacation destination, signaling a fresh chapter for guests and local tourism alike.

Details of the Sale

The transaction sees Globex Management Corp. and Remai Property Group Inc. jointly acquiring the collection of rental cabins that make up Lost Creek Resort. While terms of the deal were not disclosed in detail to the public, the acquisition underscores ongoing activity in Saskatchewan’s resort and tourism real estate market, with several groups expressing confidence in outdoor travel destinations that attract both local visitors and travelers from farther afield.

Who Are the Buyers?

Globex Management Corp. and Remai Property Group Inc. are established Saskatchewan-based property developers known for managing and developing rental and commercial properties across the region. Their collaboration on Lost Creek Resort aligns with a broader strategy to expand accessible, family-friendly outdoor recreation opportunities in provincial parks. Local observers note that the new owners are focused on improving guest experiences while maintaining the rustic, nature-forward charm that has long defined Lost Creek.

What This Means for Guests

For visitors and seasonal renters, the change in ownership is likely to bring updates in property maintenance, guest services, and potential additions to cabin amenities. Resorts like Lost Creek rely on a stable calendar of bookings and a reputation for clean, well-maintained accommodations near the park’s core attractions. In the short term, guests can expect continuity in operations, with possible enhancements announced by the new management in the coming months.

Guest Experience and Accessibility

Preserving the guest experience while embracing improvements is a common goal for new resort owners. With Prince Albert National Park drawing nature lovers year-round, the new owners have an opportunity to invest in improved booking platforms, enhanced cabin amenities, and better on-site services that complement the park experience. Accessibility, safety, and sustainability are likely to be focal points as the resort transitions under the Saskatchewan-based groups’ oversight.

Impact on the Local Tourism Landscape

The sale of Lost Creek Resort contributes to Saskatchewan’s growing portfolio of well-managed, outdoor-focused accommodations. As visitors increasingly seek authentic experiences close to nature, resorts near national parks can play a crucial role in supporting local economies, creating seasonal jobs, and promoting responsible travel practices. The stewardship approach taken by Globex Management Corp. and Remai Property Group Inc. may serve as a model for other operators aiming to balance guest satisfaction with environmental stewardship.

A Look Ahead

Looking forward, the new owners will likely outline a plan that preserves the resort’s distinctive appeal while introducing improvements that enhance comfort and convenience for guests. In the meantime, Lost Creek remains a sought-after gateway to Prince Albert National Park, offering rustic cabins, tranquil scenery, and easy access to outdoor adventures such as hiking, wildlife viewing, and winter activities that showcase Saskatchewan’s outdoor heritage.

Conclusion

The January 1 completion of the Lost Creek Resort sale marks a pivotal moment for Saskatchewan-based investors and visitors alike. With Globex Management Corp. and Remai Property Group Inc. at the helm, Lost Creek is poised to continue drawing travelers who value nature-forward getaways without sacrificing modern amenities.