Xanterra Deals For Va. Resort

Anschutz Co. subsidiary Xanterra Parks & Resorts has reached a deal to purchase Kingsmill Resort in Williamsburg, Va.

Terms of the sale by Busch Properties weren’t disclosed, and the deal is expected to be completed by August.

The resort includes 422 hotel rooms, a spa, six restaurants, a tennis center, marina and three golf courses.

Xanterra operates concessions at many national parks.