On June 12 it was announced that Dever-based hedge fund KSL sold The Homestead to Omni Hotels and Resorts, a privately owned company headquartered in Irving, Texas. Unlike the “venture capital” approach of KSL, Omni has demonstrated an interest in long-term ownership of hotel and resort properties.This is a hopeful turn of events since Omni owns Bedford Springs an historic spa resort property similar to The Homestead.
On behalf of Preservation Bath, Phil Deemer and Lee Elliott, President and Vice President, sent a letter to Michael Deitemeyer, President of Omni Hotels and Resorts, in which they highlighted the endangered Bath Houses at the Warm Springs Pools and offered to work with him to find the best way to save and properly restore the buildings.
I know this group will continue to work on behalf of the preservation of these historic structures.
