The Viad Corp., parent company of Glacier Park Inc., is paying $16 million for the Lundgren family holdings in West Glacier and Apgar.

The sale price, plus an additional $1 million for inventory, was disclosed in recent corporate filings. The deal was announced July 2 by the Lundgrens and Glacier Park Inc. The Lundgren family had owned and operated the business for 68 years.

Included in the sale were 199 acres of land in West Glacier, which includes the West Glacier Motel and Cabins, the West Glacier Restaurant and Bar, the West Glacier Mercantile, the West Glacier Gift Shop and other guest services, including a gas station.

The sale also included 3.8 acres of inholdings within Glacier National Park in Apgar — the Apgar Village Lodge, the Cedar Tree Gift Shop and staff housing units in Apgar and West Glacier.

“This transaction represents an important addition to our Glacier Park business as it expands our share of rooms in the Glacier National Park area, making us the largest provider of overnight accommodations, food and beverage services and retail operations in that market,” said Paul B. Dykstra, Viad chairman, president and chief executive officer. 

“The acquired assets are uniquely positioned at the heavily trafficked west entrance to the park and inside the park itself. We are committed to expanding our high-margin hospitality and recreational attractions portfolio.”

Peterson writes for the Hungry Horse News.