Omni Signs $575 Million New Orleans Hotel Deal
Skift Take
Omni Atlanta Hotel announced renovations, while Omni Hotels & Resorts secured approval for a $575 million headquarters hotel in New Orleans.
The DJIA ended Friday with a drop of 337 points while Nasdaq was down 54, the S&P 500 was down 31 points and the 10 year treasury yield was up .06 to 4.57%. Lodging stocks were modestly lower. IHG traded up to another new high.
Playa Hotels & Resorts and Marriott International unveiled their latest collaboration - Paraiso de la Bonita, a Luxury Collection Resort in Riviera Maya. Following an extensive multimillion-dollar renovation, this adults-only, all-inclusive retreat features 100 oceanfront suites, multiple restaurants and bars, Thalasso Spa Center, and exclusive experiences.
MHG Hotels announced the acquisition of the Homewood Suites by Hilton Indianapolis Downtown in Indianapolis, Indiana. The 92-suite property is housed in the historic Weber Building and offers flexible event spaces, a heated indoor pool and a fitness center.
The Hotel Continental, a hist
