Va. Kingsmill Resort to be Sold

July 13, 2010

Virginia's Kingsmill Resort is getting a new owner.

Busch Properties announced on Monday that it has reached a deal to sell the Williamsburg resort to Denver-based Xanterra Parks & Resorts. The sale is expected to be completed by August. Terms of the deal weren't disclosed.

The deal includes Kingsmill's 422 rooms, a spa, six restaurants, a tennis center, a marina and three golf courses.

Busch Properties is a business unit of St. Louis-based Anheuser-Busch. It has been marketing the Kingsmill Resort since last September.

Xanterra is known primarily for operating concessions at national parks. It is a subsidiary of The Anschutz Company, a holding company started by Denver billionaire Philip Anschutz.

The comments sections of are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we ask that you follow our rules for commenting. E-mail is required to comment on a story, but it will not be displayed with your comment. For complete rules, CLICK HERE. The Newsplex reserves the right to not post or to remove any comment.
powered by Disqus
The Charlottesville Newsplex 999 2nd Street S.E. Charlottesville, VA 22902 434.242.1919 – Main 434.220.7522 - Newsroom
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 98320879 -
Gray Television, Inc.