Callaway Gardens to sell a third of property to settle debt - WTVM.com-Columbus, GA News Weather & Sports

Callaway Gardens to sell a third of property to settle debt

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PINE MOUNTAIN, GA (WTVM) -

Callaway Gardens plans to sell nearly a third of its property, 4,000 acres, to settle heavy debt resulting from a steep dip in attendance and projects that have drained revenues over the years.

Officials say resort operations have been suffering for a long time. 

It once attracted 1 million people a year, but attendance was down to 395,000 last summer. The resort turns 60 Monday. 

News Leader 9 is following this story. We'll have the latest details as it becomes available. 

Copyright 2012 WTVM. All rights reserved.

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