Business

Mille Lacs Band grows economy with Oklahoma hotel purchase






The exterior of the Embassy Suites at 1815 South Meridian in Oklahoma City, Oklahoma. Photo from Mille Lacs Corporate Ventures

The Mille Lacs Band of Ojibwe Indians in Minnesota has acquired a hotel in Oklahoma.

The tribe's economic development entity, Mille Lacs Corporate Ventures, purchased the Embassy Suites Oklahoma City for an undisclosed price. The facility, located at 1815 South Meridian near the Will Rogers World Airport, features 236 rooms and 12,000 square-feet of event and meeting space.

“Economic diversification is critical to building a strong future for the Mille Lacs Band and I am pleased to see our corporate arm, Mille Lacs Corporate Ventures, acquiring assets that will benefit Band members for many generations to come,” Melanie Benjamin, the tribe's chief executive, said in a press release.

Get the Story:
Mille Lacs tribe buys hotel in Oklahoma City (The Minneapolis / St. Paul Business Journal 11/21)

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