While Mokara is not specifically a conversion brand, those will be the bulk of deals going forward, Garcia says. "The opportunity is conversion of current properties," he says. "As you look down the road, we would certainly consider new-builds. But the environment we're looking at is that there are assets out there for conversion." Omni does not own the copyright on The Watermark name, necessitating a different brand moniker. Omni settled on the Mokara name because, as the company's existing spa brand, it creates a link to Omni while also evoking a sense of wellness rejuvenation,...

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