Windstar Enters New Era

TAC Cruise LLC, an affiliate of Xanterra Parks and Resorts, submits winning bid for Windstar Cruises By: Marilyn Green
Despite its recent sale, Windstar Cruises will sail all published 2011 and 2012 voyages.  // © 2011 Windstar Cruises
Despite its recent sale, Windstar Cruises will sail all published 2011 and 2012 voyages.  // © 2011 Windstar Cruises

The Details

Windstar Cruises
www.windstarcruises.com
During the process of its sale to New York-based Whippoorwill Associates, Windstar Cruises was available for higher and better offers from qualifying bidders, and TAC Cruise LLC, an affiliate of Xanterra Parks and Resorts, submitted the winning bid.

Windstar will be operated as a wholly owned subsidiary of Xanterra Parks and Resorts. Xanterra has completed the $39 million purchase and has announced that Windstar will sail all published 2011 and 2012 voyages, maintain its customer programs and policies and honor fares and reservations, including charter contracts, according to its new owner.

“The first order of business for Windstar Cruises is that it is full sail ahead,” said Andrew Todd, president and CEO of Xanterra Parks & Resorts. “Going forward, we intend to maintain Windstar’s business and operations and invest in Windstar’s growth for the long term.”

Xanterra is a division of billionaire Philip Anschutz’ holdings, with a history in the hospitality industry stretching back to 1876 with the Fred Harvey Company, known throughout the West for its pioneering efforts to develop and operate first-class hotels and restaurants along the route of the Santa Fe Railroad. His innovations and expertise led to first-class and luxury travel service standards that were ahead of their time.

In 1968, the company was purchased by Xanterra Parks & Resorts, then called Amfac Parks & Resorts. Amfac later acquired TW Recreational Services in 1995 and, in 2002, changed its name to Xanterra Parks & Resorts. In March 2007, Xanterra acquired the Grand Canyon Railway. In 2010, it purchased the Kingsmill Resort in Williamsburg, Va. The company also operates the Furnace Creek Resort in Death Valley National Park as well as lodges such as El Tovar, the Lake Yellowstone Hotel and Old Faithful Inn in Yellowstone National Park and Crater Lake Lodge in Crater Lake National Park.

“Now that the sale of Windstar Cruises has closed successfully, Windstar will be financially stronger and well-positioned for long-term profitability and success under new ownership,” said Hans Birkholz, CEO of Windstar. 

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