IRVING, Texas—Omni Hotels and Resorts announced that it will become the long term operator of The King Edward Hotel, the first luxury hotel in Toronto. Omni will begin management of the historic property and reflag it to The Omni King Edward Hotel on August 1.
The venture with current owners King Edward Realty Inc. continues Omni’s enterprise of strategic expansion to own, operate, and/or manage distinctive luxury hotels and resorts throughout North America, with a focus on major convention centers, leisure destinations, and city centers.
Built in 1903, the hotel is located in the financial district of Toronto. As part of the partnership, the hotel is currently undergoing an approximate $40 million renovation to restore the property. The renovation will include all new guest rooms, modernized bathrooms, a new fitness center, and an update of the grand meeting spaces.