Written by Staff
Omni Hotels & Resorts announced June 12 it has reached a definitive agreement to purchase and operate five distinguished resort properties from entities affiliated with KSL Capital Partners, LLC. The properties will be reflagged under the Omni brand on July 1, representing a significant expansion of Omni’s already-robust Resort Collection. The acquisition extends Omni’s resort portfolio to the West Coast and adds other strategically important locations like the Texas Hill Country.
The five iconic resorts are longstanding classic hotels in North America that are distinguished in design, local color and authenticity reflecting their destination – all of which are consistent with Omni’s strategy to provide unique properties representative of their individual local market flavor. The five properties are Barton Creek Resort & Spa in Austin, TX; La Costa Resort and Spa in Carlsbad, CA; Rancho Las Palmas Resort & Spa in Rancho Mirage, CA; The Grove Park Inn in Asheville, NC; and The Homestead in Hot Springs, VA.
“Each of these properties is unique in its own right – rich in heritage and distinctive in their elegance and charm. We would be fortunate to own and operate any single one of these celebrated resorts,” said Mike Deitemeyer, president of Omni Hotels & Resorts. “By purchasing all five of these properties, Omni has significantly enhanced our growing Resort Collection in terms of scope, scale and prestige.”
The addition of the luxurious properties will add 2,362 rooms, 304,000 square feet of meeting and function space, 34 dining options, 48 retail locations, 12 golf courses, three water parks, a ski facility and five spas.
Source: Omni Hotels & Resorts