Xanterra Purchases and Will Manage Kingsmill Resort

The company, which is the largest concessioner with the National Park Service takes ownership of the Kingsmill Resort.

• 
  SAVE
• 
  SHARE
• 
  TEXT SIZE
• 
  PRINT
• 
  COMMENT
• 
  PDF

. August 10, 2010

August 9, 2010 - Effective this past August 1, 2010, Xanterra Parks & Resorts, owned by Denver-based Anschutz Company, has purchased and assumed management of Xanterra purchased the resort from Busch Properties, Inc. (BPI).

Located in Williamsburg, Va., Kingsmill Resort includes 422 rooms; six restaurants; a 17,000-square-foot conference center; full-service spa and fitness center; marina; and 15-court tennis center. The resort is also widely known for its three award-winning championship golf courses and its executive nine-hole course.

Xanterra is the largest concessioner with the National Park Service and a leader in the hospitality industry, managing resorts, lodges, restaurants, gift shops, tours and activities in national parks, state parks and destination resorts. The company also is a leader in environmental stewardship, and its programs and accomplishments have resulted in numerous prestigious awards from the Department of the Interior, National Park Service, American Hotel & Motel Association and many other governmental agencies, tourism entities and environmental organizations.

“We are pleased to complete the purchase of Kingsmill Resort, and we eagerly look forward to managing such a prestigious property,” said Xanterra President and CEO, Andrew Todd. “This resort complements our existing portfolio of lodges and resorts, and we look forward to continuing the resort's commitment to excellent service and exceptional product quality.”

Todd added that Xanterra has no immediate plans for major changes to the resort property or staffing. The company will work closely with the resort's constituent groups including ownership, employees, membership and the property's homeowner associations as future plans are developed. This sale does not impact BPI's realty or residential operations or its role with the Kingsmill Community Services Association.

Xanterra Parks & Resorts® (consisting of several affiliated Xanterra entities) operates lodges, restaurants and other concessions at national parks and state parks and resorts. Xanterra Parks & Resorts is the country's largest park concessioner. Xanterra Parks & Resorts operates concessions in the following locations: Grand Canyon, Yellowstone, Zion, Crater Lake, Death Valley, Rocky Mountain and Petrified Forest National Parks, Mount Rushmore National Memorial and eight Ohio State Park Lodges as well as the Geneva Marina at Ohio's Geneva State Park. Xanterra Parks & Resorts also operates the Grand Canyon Railway in Williams, Arizona.

Xanterra Parks & Resorts has been committed to the preservation and protection of the environment for many years. Through its environmental program, “Ecologix,” Xanterra Parks & Resorts has been recognized repeatedly for environmental leadership in the hospitality industry and is the recipient of many honors, including major awards from the U.S. Department of the Interior, National Park Service, Environmental Protection Agency, Travel Industry Association of America, American Hotel and Lodging Association, National Parks Conservation Association, Conde Nast Traveler, National Geographic Traveler, Colorado Department of Public Health, State of Arizona, Arizona Department of Environmental Quality and Utah Department of Environmental Quality.

For more information about Xanterra Parks & Resorts, links to individual properties and reservations numbers, visit www.xanterra.com.