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The resort was incorporated in 1909, and the health spa-resort complex flourished with the advent of automobile travel in the years between the two world wars. It declined in popularity in the 1950s, and was purchased in 1960, as a retreat and conference center for the Christian Church (Disciples of Christ) in Virginia. [3]
Bluegreen Corporation is an American private vacation ownership brand that is currently a wholly owned subsidiary of Hilton Grand Vacations.The company provides vacations at 50 owned or managed resorts on a time-share basis, with alternative resort and cruise options available through upselling and third-party exchanges. [3]
It manages and develops resorts, hotels and spas in Asia, America, Africa and the Middle East. The group comprises 12 global brands, including the flagship brand Banyan Tree. Currently, the Group operates more than 70 hotels and resorts, over 60 spas and galleries, and 14 branded residences in over 20 countries. [1]
The property was listed for sale and in 2016 was put up for auction. The entire remaining resort property, amounting to 988 acres, was sold in nine parcels for a total of $2.673 million. [12] In 2019 the resort began reconstruction and was set to reopen by May 2020. The restaurant and some lodging reopened during early- and mid-2020.
Kingsmill Resort is a vacation, conference, and golf resort in the eastern United States, located in James City County, Virginia, southeast of Williamsburg. It is located on a portion of the Kingsmill Plantation ; the original plantation structures and their successors have long been in ruins.
In 2018, Park Hotels sold 13 hotels that it considered "non-core" assets, including 10 of its 14 international properties, for a total of $519 million. [ 11 ] [ 12 ] [ 13 ] HNA Group , which had owned 25 percent of the company, sold all its shares in March 2018 in a stock buyback and a secondary offering for a total of $1.4 billion.