Dallas-based Omni Hotels & Resorts has bought the Homestead, according to a press release from the company.
Omni also bought four other resort properties in Texas, California, and North Carolina.
We are awaiting comment from administrators at the Homestead.
A spokesperson for Omni said to expect a "mild" name change coming in July.
The spokesperson said Omni intends to keep "The Homestead" as part of that new brand.
Officials for both Omni and The Homestead said to expect no other changes.