For months now, people in the area have been talking about the Greenbrier Resort and the financial problems. It was a known fact that Marriott International, Inc., was really interested in buying the resort. But, today we heard different.....a West Virignia businessman buys the Greenbrier Resort, located in White Sulphur Springs, WV.
Jim Justice, Lewisburg, WV, is the new owner of The Greenbrier Resort. Jim is one of the most successful business people in West Virginia, growing coal and agriculture businesses that have made him a millionaire many times over.
Last month, Greenbrier Hotel Corp. filed for Chapter 11 bankruptcy reorganization, citing the weak economy and its toll on luxury travel.
"Our near-term goal is to give The Greenbrier a fresh start," Justice said in a statement. "Even though the current economy is taking its toll on the resort, we are going to take a long-term view by focusing on reclaiming our five-star status and making the right investments for future growth."
The historic Greenbrier dates back to 1778. The resort, a National Historic Landmark, has hosted presidents, movies stars and royalty.
The resort is located on 6,500 acres in West Virginia's Allegheny Mountains, and has more than 800 rooms, suites and guest houses.
Your Real Estate Connection for Lewisburg, WV and the Greenbrier County
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Rebecca - We stayed at the Greenbrier a few years ago. It is a spactacular place!!! I hope it can survive, it would be a crime to see it close the doors!!!