Omni Hotels & Resorts Sale of Five Suburban Properties Signals New Direction

Abstract

Although Omni Hotels & Resorts sold five properties last month, they have their focus on growing their brand. Omni plans to focus it's efforts on expanding in the resort and convention center portfolios with the outside help of Hodges Ward Elliott. Additionally, Omni is planning on leveraging their partnership with professional sports teams to bring in guests. New builds will begin in Fort Worth, Nashville, Louisville, Boston, & Oklahoma City.