Omni Hotels, KSL agree to 5-hotel sale

Omni Hotels & Resorts has reached a deal with KSL Capital Partners to purchase five resorts comprising a total of 2,362 rooms. The properties are La Costa Resort and Spa in Carlsbad, Calif.; The Grove Park Inn in Asheville, N.C.; The Homestead resort in Hot Springs, Va.; Rancho Las Palmas Resort & Spa in Rancho Mirage, Calif.; and Barton Creek Resort & Spa in Austin, Texas. Omni says the hotels will be rebranded as Omni properties.

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