VANCOUVER, British Columbia-- Intrawest Corp., based here and known
for its North American mountain resorts, acquired Sandestin Resorts
Inc. for $130 million.
The 2,400-acre resort and residential community is located near
Sandestin has 63 holes of golf, 700 rental units, conference
facilities, two restaurants, a tennis center and a marina.
Plans include creation of an additional golf course.
The 600-suite Sandestin Beach Hilton, across from Sandestin
Resort, is unaffected by the acquisition.