Open Road Resorts Enters Tennessee with Acquisition of Raccoon Mountain Campground and Caverns

Open Road Resorts (ORR), a prominent player in the outdoor hospitality sector, has announced its acquisition of Raccoon Mountain Campground and Caverns, located near Chattanooga, Tennessee. The deal, finalized on June 17, 2026, marks ORR's strategic entry into the Tennessee market and adds a unique outdoor destination to its expanding portfolio. While the financial terms of the transaction remain undisclosed, the acquisition signifies a notable expansion for Open Road Resorts, which currently operates nine RV parks across seven states.

Raccoon Mountain Campground and Caverns is well-regarded for its diverse recreational offerings, which include RV sites, cabins, and tent camping options, along with direct access to the Raccoon Mountain Caverns. This site features over 5.5 miles of explored cave passageways, making it a popular attraction for both locals and tourists. The campground's proximity to downtown Chattanooga and other regional highlights, such as Lookout Mountain and the Tennessee Aquarium, enhances its appeal as a family-friendly destination for outdoor enthusiasts.

The acquisition aligns with Open Road Resorts' strategic vision of creating a network of high-quality, amenity-rich outdoor destinations in key travel markets across the United States. Co-founders Chase Becker and Jim Omstrom emphasized their commitment to preserving the unique character of Raccoon Mountain while enhancing the guest experience through thoughtful investments in amenities and infrastructure. This approach is expected to attract a diverse clientele, including families, couples, and adventure seekers looking for memorable outdoor experiences.

The outdoor hospitality sector has seen significant growth in recent years, driven by increasing consumer interest in nature-based travel and outdoor recreation. The COVID-19 pandemic has further accelerated this trend, as many travelers seek safe, socially distanced vacation options. Open Road Resorts' acquisition of Raccoon Mountain positions the company to capitalize on this growing demand, particularly in the Southeast, where outdoor tourism is thriving.

As Open Road Resorts continues to expand its footprint in the outdoor hospitality market, the acquisition of Raccoon Mountain Campground and Caverns is likely to bolster its competitive position. The integration of this unique property into ORR's portfolio not only enhances its offerings but also underscores the company's commitment to providing high-quality outdoor experiences. Looking ahead, the deal may serve as a catalyst for further acquisitions and developments in the outdoor hospitality space, as companies seek to meet the evolving preferences of travelers in a post-pandemic world.