Omni Hotels & Resorts To Buy The Homestead

By July 1, one of Virginia’s most venerable and historic resorts, The Homestead in Bath County, could be flying the Omni flag.

Omni Hotels & Resorts announced Wednesday that it has reached a definitive agreement to purchase and operate five resort properties from entities affiliated with KSL Capital Partners LLC, The Homestead’s owner.

According to a company press release, the properties will be reflagged under the Omni brand on July 1. However, Omni spokeswoman Anne Tramer said in an interview with Virginia Business that the name of the 250-year-old resort won’t go away.

Read Full Article Here: http://www.virginiabusiness.com/index.php/news/article/324028/?utm_source=email&utm_medium=email&utm_campaign=daily

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