Orange Lake Resorts Expands to Williamsburg, VA
Tuesday July 16th, 2013 - 10:11AM BEG
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ORLANDO—Orange Lake Resorts, a vacation resort developer that operates ten properties, closed on a transaction with English Garden LV LLC to expand its portfolio to include Colonial Crossings Resort in Williamsburg, VA. According to the company, it intends for the hotel to become a part of the Holiday Inn Club Vacations brand in early 2014.
The 120-unit resort, located eight miles from historic Williamsburg, offers an outdoor pool, business center, fitness center, arcade, outdoor patio area, meeting space, complimentary WiFi and daily resort activity programming.
According to Orange Lake Resorts, it will commit more than $8 million over the next year to updates to the interior of the resort. In addition, an unused building will be renovated with new villas and furnishings. The top two floors will feature Signature Collection villas, with granite countertops, deluxe kitchen appliances and enhanced interior décor. The company also plans to construct a new amenity building.
Tags: • Hospitality • Brands • Acquisitions • Construction/Renovation •
The theme of this year’s ALIS conference was “Don’t Worry, Be Happy.” But, lets face it, there are always going to be some people who aren’t happy unless they are worried about something—whether it’s the Fed potentially raising interest rates or that the price of oil is now too low, threatening to cripple the economies of some foreign nations.