Xanterra Expansion Adds Grand Hotel
Tuesday February 19th, 2013 - 9:47AM H
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TUSAYAN, AZ—Xanterra Parks & Resorts completed a series of acquisitions to expand its leisure offerings and added The Grand Hotel, here, adjoining the South Rim of Grand Canyon National Park where Xanterra operates more than 900 rooms and numerous retail, food and beverage and tour operations.
Andrew N. Todd, president/CEO of Xanterra, said the company "has grown into a diversified hospitality company with offerings on the sea, rails and land. Xanterra has expanded its revenue base by more than 50 percent through targeted acquisitions in the last three years alone and will continue to look for new opportunities to build on our diverse leisure travel portfolio.”
The Grand Hotel was built in 1998 and features 121 rooms, timber construction, multiple dining options, an indoor pool, hot tub and fitness center. The hotel offers an alternative lodging option immediately adjacent to the park for those who want to visit the Grand Canyon during peak visitation periods when in-park lodging is near capacity or for travelers who prefer to be close to Tusayan’s restaurants, shopping, tours and IMAX theater.
“This is a great addition to the six lodges we already operate at the South Rim of Grand Canyon National Park and Phantom Ranch on the floor of the Canyon as well as Grand Canyon Railway and the Grand Canyon Railway Hotel in Williams. AZ, some 60 miles south," saidTodd.
Tags: • Hospitality • Ownership •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.