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Texas oil billionaire Robert Rowling diversifies into hospitality with a $500 million investment in the Omni PGA Frisco golf resort, backed by Dallas billionaires. TRT Holdings' ownership of Omni Hotels & Resorts with 60 properties highlights successful vertical integration strategies.
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How might the success of Omni Hotels & Resorts influence other oil industry leaders to diversify into hospitality?
In what ways could Rowling's move into hospitality impact the economic landscape of Texas and the broader hospitality sector?
What challenges could arise for Omni PGA Frisco in maintaining its uniqueness and high-end positioning in the competitive hotel market?
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