Omni Hotels acquires King Edward Hotel in Toronto.

Omni Hotels & Resorts has fully acquired The Omni King Edward Hotel, Toronto’s first and most fabled luxury hotel. Omni has been managing and operating the hotel since August 1st, 2013.

With this transaction, the company will take on the ownership, operations and management of the iconic property. “The King Edward Hotel is a very unique property with a rich history, including more than a century of hosting guests, as well as being a great source of pride for the city of Toronto,” said Mike Deitemeyer, president of Omni Hotels & Resorts.

The Grande Dame of iconic, luxury hotels in Toronto, The Omni King Edward Hotel recently underwent a $40 million renovation to restore the property as one of North America’s first “palace” hotels.