Omni to spend $273 million on Nashville convention center hotel

Omni Hotels has submitted an initial $273 million budget for the convention center headquarters hotel it plans to build, city officials told the Metro Convention Center Authority this morning.


The hotel would have at least 800 rooms, and Omni has committed to set aside large portions for convention groups based on meeting dates.

For example, if a convention is scheduled at least 36 months away, Omni will commit a block of at least 640 rooms, or 80 percent of the hotel, said Charles Starks, executive director of the existing convention center. The room block would get smaller for shorter lead times.

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Detroit Omni to close

The Omni Detroit Hotel will cease operations Oct. 12 as the hotel’s owner wants to “focus on other properties.”


The 108-room hotel has been up for sale since the beginning of the year, with a plan to close unless a sale is under contract, said Caryn Kboudi, vice president of corporate communications for Irving, Texas-based Omni Hotels & Resorts, which operates 45 hotels in North America.
 
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Omni Detroit to close

The Omni Detroit Hotel will cease operations Oct. 12 as the hotel’s owner wants to “focus on other properties.”


The 108-room hotel has been up for sale since the beginning of the year, with a plan to close unless a sale is under contract, said Caryn Kboudi, vice president of corporate communications for Irving, Texas-based Omni Hotels & Resorts, which operates 45 hotels in North America.

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Detroit Hilton &Omni in distress

The Hilton Garden Inn Detroit Downtown was sold last week in a foreclosure auction for $19 million, and the new owner has sued the former owner -- who is the Cleveland developer behind the $200 million renovation of the Westin Book Cadillac.

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Omni keeps going

Closely held Omni Hotels & Resorts is fast becoming a big player in the U.S. market for owning and operating convention-center hotels, putting itself in the class of heavyweights like Hyatt Hotels Corp. and Marriott International Inc.

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Omni bids $67M for Florida resort

Omni Hotels & Resorts has bid $67.1 million to acquire the luxury Amelia Island Plantation resort out of Chapter 11 bankruptcy. The resort is located 29 miles north of Jacksonville, Fla.

Irving-based Omni submitted the highest bid for the Florida-based property on Monday.

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Omni to build Music City Center hotel

Texas-based Omni Hotels has beaten out Marriott International and will develop a headquarters hotel for the Music City Center convention hall under construction downtown. The project is expected to be 750 to 1,000 rooms and could cost up to $300 million.

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City of Dallas Breaks Ground on Omni Dallas Convention Center Hotel

In a ceremony featuring Mayor Tom Leppert, the Dallas City Council and a broad spectrum of civic and community leaders, the City of Dallas broke ground today on the 23-story Omni Dallas Convention Center Hotel, endorsed by voters in May and backed by the sale of nearly $500 million in revenue bonds in August.

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