College buying hotel for student housing, parking

College buying hotel for student housing, parking

College buying hotel for student housing, parking

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Associated Press

Posted on March 23, 2013 at 1:30 PM

Updated Sunday, Mar 24 at 4:39 AM

WILLIAMSBURG, Va. (AP) — The College of William and Mary is buying a hotel near campus for use as student housing and parking.

The Richmond Times-Dispatch reports (http://bit.ly/Xx3DKr ) that college President Taylor Reveley announced the purchase of the 318-room Williamsburg Hospitality House on Friday. The sales price was not disclosed.

Reveley said the building will continue to be used as a hotel through commencement but will be ready to house students by the fall semester.

The Hospitality House, owned by the Texas-based 1859 Historic Hotels chain, is across the street from Zable Stadium and the Alumni House. It is two blocks from Merchant Square and Williamsburg's historic section.

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Information from: Richmond Times-Dispatch, http://www.timesdispatch.com

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