Tuesday July 16th, 2013 - 9:09AM
TORONTO—Omni Hotels & Resorts will become the long-term operator of The King Edward Hotel, which will be flagged The Omni King Edward Hotel.
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 within the heart of the city. As part of the partnership, the hotel is currently undergoing an approximate $40-million renovation to restore the property as one of North America’s first “palace” hotels.
The renovation, includes all new guestrooms, modernized bathrooms, a new fitness center and an update of the grand meeting spaces. Most notably, the hotel’s rooftop Crystal Ballroom will be restored to its original grandeur as a party hall. Located on the 17th floor with 20-ft. ceilings, the ballroom, which has been closed since the 1970s, overlooks the city with views of the skyline in all four directions.
Opened 110 years ago as Toronto’s first and largest luxury hotel, The King Edward has played host to scores of dignitaries from around the world, from King Edward VIII (after whom it is named) and President Theodore Roosevelt to Ernest Hemingway and Mark Twain. The hotel has 301 rooms and suites that will feature classical decor with contemporary accents; 30,000 sq. ft. of flexible function space and 12 meeting rooms.