Bristol Bay Native Corp. will buy a company that operates three lodges within Katmai National Park in Southwest Alaska.
The Native corporation announced Tuesday it will buy Katmailand Inc. and its assets and operations within Katmai National Park, as well as in Anchorage and King Salmon, at the end of May.
"BBNC is very excited about our intent to purchase Katmailand," Bristol Bay Native Corp. President Jason Metrokin said in a release. "This acquisition aligns with our in-region investment strategy, and the business adds significantly to BBNC's tourism business line."
Katmailand operates Kulik Lodge, Brooks Lodge and Grosvenor Lodge as well as National Park Service concessions.
Bristol Bay Native Corp. did not immediately disclose a sale price.
The announcement comes about a month after another Alaska Native corporation, Cook Inlet Region Inc., sold off its tourism division.