Finding a Home at the Golden Arrow

The purchase of the original 36-room Golden Arrow

In 1974, a 36-room motel with an amazing location right on Mirror Lake and in the heart of the Village became available for purchase. It was a smaller property that the Holiday Motel, but the location was unbeatable. So the Holderieds sold their ownership stake of the Holiday Motel to their business partner and bought the Golden Arrow Motor Inn. (It had the name Golden Arrow when they purchased it.) Wini started to expand almost immediately.

Wini: Then I wanted to build. I could see the potential of the Golden Arrow if it was bigger. A year or two later, the Marcy beach came for sale (currently the north wing of the Golden Arrow), so I bought the Marcy beach from the Hotel, which was a big asset for my building plans. Then the apartment building next door to the beach, the Wanda, came for sale so I bought it, too. And then I planned to build a shopping mall to the street and on the lakeside I could build a four-story building with hotel rooms in it.