THE SAGAMORE RESORT

What THE SAGAMORE RESORT does

The Sagamore Resort is a luxury destination resort located on a 70-acre private island (Green Island) on Lake George in Bolton Landing, New York, operating continuously since 1883. The property is operated as part of the Opal Collection portfolio, a privately held group of 27+ East Coast luxury properties whose corporate entity is Portsmouth Corporate Financial Services, Inc. The resort offers accommodations across multiple formats — the original 1883 hotel, lakeside lodges, standalone houses, residential-style condos, and bi-level luxury suites in a former 19th-century carriage house — alongside eight dining venues (including La Bella Vita and the Club Grill Steakhouse), an 18-hole Donald Ross-designed championship golf course (1928), the Opal Spa with halotherapy, three pools, and 32,000 square feet of indoor and over 20,000 square feet of outdoor event space. Revenue is generated across five streams: guest room accommodations (quote-based pricing by season and room type), food and beverage across the eight outlets, golf (green fees, lessons, pro shop), spa services, and events including weddings (four distinct venues, up to 400 guests), corporate meetings, and private dinner cruises aboard The Morgan, a 72-foot replica 19th-century touring vessel. The resort holds AAA Four-Diamond status and is consistently recognized by Condé Nast Traveler, Travel + Leisure, and U.S. News & World Report, and operates a 22% administrative charge on event food and beverage plus a resort fee covering parking, Wi-Fi, fitness, pools, Morgan cruises, tennis, and turndown service. Distribution is direct-to-consumer via the Opal Collection booking engine and toll-free/local phone lines, with group and wedding business sourced through a dedicated RFP process and spa appointments handled via SpaTime.

Name

THE SAGAMORE RESORT

Legal name

Portsmouth Corporate Financial Services, Inc.

Website

https://thesagamore.com

Company type

Private

Founded year

1883

Operating status

Operating

Headcount range

11–50 employees

Short description

The Sagamore Resort is a luxury 70-acre destination resort on Lake George in Bolton Landing, NY, operating since 1883 as part of the Opal Collection portfolio, serving affluent leisure travelers, wedding parties, and corporate groups with lodging, eight dining venues, a Donald Ross golf course, spa, and event facilities.

Ownership category

akta.pro rank

Product category

Luxury Resort Hospitality

NAICS

Hotels (except Casino Hotels) and Motels (72111), Hotels (except Casino Hotels) and Motels (721110)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Luxury Private Island Resorts (THAGACAL)

akta.pro secondary industries

Resort-Area Full-Service Hotels (Non–All-Inclusive) (THAGAAAD), Luxury Golf Resorts (THAGACAH)

Keywords

• Luxury resort hospitality
• Adirondack destination lodging
• Destination wedding venues
• Conference and event spaces
• Championship golf resort

Headquarters

HQ city

Bolton Landing

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain, Others

Revenue model

1. Guest Room Accommodations: The resort generates primary revenue from overnight guest room bookings across diverse accommodation types including the original 1883 hotel, lakeside lodges, standalone houses, residential-style condos, and bi-level luxury suites in a former 19th-century carriage house. Pricing is quote-based and varies by season and accommodation type.
2. Food & Beverage: The resort operates eight dining options — both outdoor and indoor — including La Bella Vita (Italian), Club Grill Steakhouse, BRGR Kitchen & Bar, Caldwell's, The Pavilion (lakeside patio), The LakeHouse, and additional outlets. Revenue is generated through restaurant covers, bar sales, and private dining events.
3. Golf Course: An 18-hole Donald Ross-designed championship golf course overlooking Lake George generates revenue through green fees, golf lessons, pro shop sales, and tournament bookings. The course combines private club atmosphere with public access.
4. Spa Services: The Opal Spa at The Sagamore offers halotherapy, deep tissue massages, facials, and other treatments. The spa features a Salt & Sound Lounge with vibroacoustic therapy. Revenue is generated through treatment bookings and retail product sales.
5. Events & Weddings: The resort generates revenue from hosting weddings, corporate meetings, celebrations, and group events across 32,000 sq ft of indoor event space and 20,000+ sq ft of outdoor space. The Morgan (72-foot replica 19th-century touring vessel) is also available for private dinner cruises.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

The Sagamore Resort operates a 70-acre luxury destination resort on Green Island on Lake George in Bolton Landing, NY, providing overnight accommodations across multiple property types, eight dining outlets, an 18-hole Donald Ross-designed championship golf course, the Opal Spa, three pools, and over 50,000 sq ft of meeting and event space. Core sellable offerings include guest room stays, golf, spa services, weddings, corporate meetings, and The Morgan lake cruises. The resort is part of the Opal Collection portfolio and targets affluent leisure travelers, wedding parties, and corporate groups.

Product overview

The Sagamore Resort is a luxury Adirondack resort on Lake George operated by Opal Collection, offering a unified hospitality experience combining accommodations, dining, golf, spa, meetings/events, and recreational activities. The resort features six accommodation types (original 1883 hotel, lakeside lodges, standalone houses, residential condos, and bi-level carriage house suites), eight dining venues including La Bella Vita and Club Grill Steakhouse, an 18-hole Donald Ross-designed golf course, the Opal Spa with halotherapy services, over 32,000 sq ft of meeting space, waterfront wedding venues, and The Morgan replica 19th-century touring vessel for cruises.

Differentiator

Problem solved

Functional benefit

Brands

• Opal Collection: Luxury hotel and resort portfolio operating properties along the East Coast from Florida to Maine, including The Sagamore Resort.

Products and services

• The Sagamore Resort Accommodations Luxury overnight lodging at The Sagamore Resort on Lake George, offering the original 1883 hotel rooms, lakeside lodges, standalone houses, residential-style condos, and bi-level luxury suites housed in a restored 19th-century carriage house. Available to leisure travelers, wedding guests, and corporate groups.
• Golf at The Sagamore An 18-hole Donald Ross-designed championship golf course overlooking Lake George, offering green fees, practice range access, golf lessons, and a Pro shop. Open to resort guests and public golfers, with private tournament bookings available.
• Opal Spa at The Sagamore

Quantifiable outcome

• AAA Four-Diamond Resort rating
• +6 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Double H RanchminorOthersDouble H Ranch is a camp for children with life-threatening illnesses located a 30-minute drive from The Sagamore. The resort supports the organization through corporate volunteer opportunities including fundraising, financial gifts, and on-site volunteer work with Housekeeping and Facilities Departments on jobs like landscaping, painting, and cabin preparation.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Whiteface Lodge: Lake Placid luxury Adirondack mountain resort offering all-suite accommodations, spa, dining, and event space. Competes for the same affluent Northeast leisure, wedding, and corporate group demand within the Adirondacks region.
• Samoset Resort: Opal Collection sister property in Camden/Rockport, Maine. Comparable luxury waterfront resort with golf, spa, dining, and event space, sharing the same parent distribution and operating model as The Sagamore.
• Mohonk Mountain House: Historic (1869) Hudson Valley NY luxury resort with extensive spa, dining, and event programming. Comparable as a heritage New York State luxury resort with similar all-inclusive-style amenities, group/wedding focus, and seasonal Northeast positioning.
• The Point: Ultra-luxury Relais & Châteaux Adirondack resort on Saranac Lake. Comparable as a high-end Adirondack destination resort competing for the same affluent leisure and family occasion travel market with a similar lake/waterfront heritage positioning.
• Lake Placid Lodge: Sister property within the Opal Collection portfolio in Lake Placid, NY. Both are Adirondack luxury destination resorts with heritage positioning, similar F&B and event offerings, and shared parent-company distribution — the most directly comparable peer.
• Grand Hotel: Iconic private-island luxury heritage resort on Mackinac Island, MI. Comparable as a destination resort occupying an entire island, with heritage positioning, all-inclusive F&B programming, and event/wedding demand similar to The Sagamore's island experience.

Broad incumbents

• Biltmore Estate: America's largest historic estate and destination resort in Asheville, NC. Comparable as a heritage luxury destination with lodging, dining, event/wedding capability, and award-driven premium positioning, though at much larger scale and different geography.
• The Equinox: Luxury Vermont resort in Manchester with golf, spa, dining, and event programming. Comparable as a Northeast luxury destination resort competing for similar affluent leisure, wedding, and corporate group demand in a different but adjacent geography.
• Pinehurst Resort: Historic multi-course golf destination resort in North Carolina. Comparable heritage luxury resort with a Donald Ross-designed golf pedigree, multiple dining outlets, spa, and substantial event/wedding capability, though at much larger scale.
• The Greenbrier: National historic landmark luxury resort in West Virginia. Comparable as a heritage luxury destination resort with championship golf, multiple dining outlets, spa, and large-scale event/wedding programming at broader scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/opalcollection
• LinkedInlinkedin.com/company/the-sagamore-resort

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about THE SAGAMORE RESORT