Vacation resort developer Orange Lake Resorts, which operates ten properties, announced that it officially closed on a transaction with English Garden LV LLC to expand its portfolio to now include Colonial Crossings Resort in Williamsburg, VA. The intent for this resort is to become a part of the Holiday Inn Club Vacations® brand in early 2014. The 120-unit Colonial Crossings resort, located eight miles from historic Williamsburg includes: an outdoor pool, business center, fitness center, arcade, outdoor patio area, meeting space, complimentary Wi-Fi and daily resort activity programming.
Orange Lake Resorts plans to commit more than $8 million over the next year to upgrade the interior of Colonial Crossings Resort. In addition, a currently unused building will be built-out with new villas and furnishings, where the top two floors will feature the upscale Signature Collection villas with granite countertops, deluxe kitchen appliances and enhanced interior décor. Orange Lake Resorts also plans to construct a new amenity building on the property.
Holiday Inn Club Vacations was created in September 2008 as a strategic alliance between IHG, the world’s largest hotel company, and Orange Lake Resorts, a leader within the resort industry with more than 30 years of proven success. The brand’s flagship property in Orlando, located next to Walt Disney World® Resort, was established in 1982 by Holiday Inn founder Kemmons Wilson. Other resort locations include Lake Geneva, Wis., Panama City Beach and Marco Island, Fla., Brownsville, Vt., Myrtle Beach, S.C., Gatlinburg, Tenn., Galveston, Texas and Las Vegas, Nev.