Acquisitions & Hotel Openings

Escalante Golf, Inc. Acquires Iconic Kingsmill Resort in Williamsburg, Virginia

FORT WORTH, TX. March 7, 2017 – Escalante Golf, a boutique owner and operator of unique golf assets, is excited to announce that it successfully acquired the AAA Four Diamond Kingsmill Resort from Xanterra Kingsmill, LLC. Located in historic Williamsburg, Virginia, Kingsmill Resort adds another important east coast destination to the company’s expanding family of high-end clubs.

“Kingsmill Resort is one of the most iconic resorts on the east coast, started more than 45 years ago by the Anheuser-Busch Company. It has hosted some of the best-known names in golf, including the PGA Tour’s Michelob Championship from 1981 to 2002 and now the LPGA’s Kingsmill Championship. It is a vibrant community with more than 2,400 home sites and has hosted presidents and dignitaries since it opened almost a half century ago. It is truly a special place with a revered history,” said David McDonald, President of Escalante Golf, Inc.

Kingsmill Resort is located on 2,900 protected acres along the James River. It boasts three championship golf courses: the River Course designed by Pete Dye, the Plantation Course designed by Arnold Palmer and Ed Seay, and the member-only Woods Course designed by Curtis Strange and Tom Clark. The family-friendly resort features one-, two- and three-bedroom condominium accommodations. Amenities include 15 tennis courts, four on-site restaurants, a three-pool and lazy river pool complex, a fully-equipped fitness center and a newly redesigned spa with eight therapy rooms and hair and nail salon. Additionally, Kingsmill houses a 16,000 square-foot IACC-certified conference center and a full-service marina.

“Kingsmill Resort is ideally located just a few hours drive from some of the largest markets along the eastern seaboard. It is the perfect place to hold a company meeting, to spend a weekend with family and friends playing golf and relaxing, or to make your permanent home. Kingsmill has all the components of a first-class resort beginning with a storied history, terrific golf, complete fitness center and spa, and a picturesque setting on the James River,” said McDonald.

About Kingsmill Resort Kingsmill Resort is an AAA Four Diamond condominium resort. Located on the James River off I-64 between Richmond and Norfolk, the property is within minutes from Williamsburg’s numerous destinations including Busch Gardens, Colonial Williamsburg, The College of William and Mary, Jamestown Settlement and Yorktown Victory Center. The resort’s one- to three-bedroom condominiums, with kitchens and spacious living areas, are ideal for golfers and families.

For more information, visit www.kingsmill.com for specific details or call (800) 832-5665.

About Escalante Golf Founded in 1991, Escalante Golf is a boutique owner and operator of luxury golf properties across nine states. The Fort Worth, Texas-based company has quietly assembled an impressive collection of exclusive clubs in key markets that have hosted several prestigious amateur and professional golf tournaments including the U.S. Mid- Championship, the WinCo Foods Portland Open and the Shell Houston Open. Operating partners David McDonald, Elcio Silva, Robert Silva and David Matheson direct the Escalante team. For more information: www.escalantegolf.com, (817) 386.9721.

CONTACT:
David Matheson
dmatheson@escalantegolf.com
(817) 386-9721

Coming Up In The May Online Hotel Business Review




Feature Focus
Eco-Friendly Practices: The Value of Sustainability
The hotel industry continues to make remarkable progress in implementing sustainability policies and procedures in their properties throughout the world. As a result, they continue to reap the benefits of increased profitability, enhanced guest experiences, and improved community relations. In addition, as industry standards are codified and adopted worldwide, hotels can now compare how their operations measure up against their competitors in terms of sustainable practices and accomplishments. This capacity to publicly compare and contrast is spurring competition and driving innovation as hotels do not wish to be left behind in this area. Water management and conservation is still a primary issue as population growth, urbanization, pollution and wasteful consumption patterns place increasing demands on freshwater supply. Water recycling; installing low-flow fixtures; using digital sensors to control water usage; and even harvesting rainwater are just a few things that some hotels are doing to preserve this precious resource. Waste management is another major concern. Through policies of reduce, reuse and recycle, some hotels are implementing “zero-waste” programs with the goal of substantially reducing their landfill waste which produces carbon dioxide and methane gases. Other hotels have established comprehensive training programs that reinforce the value of sustainability. There is employee engagement through posters and quizzes, and even contests are held to increase innovation, sensitivity and environmental awareness. Some hotels are also monitoring a guest’s energy usage and rewarding those who consumed less energy with gifts and incentives. The May issue of the Hotel Business Review will document how some hotels are integrating eco-friendly practices into their operations and how they and the environment are benefiting from them.