BOCA RATON, Fla. -- LXR Luxury Resorts is moving forward with a plan to invest more than $400 million over the next several years in renovations and upgrades to its collection of 23 independent luxury hotels, resorts, spas, golf clubs and marinas in the U.S., the Caribbean and Europe.

LXRs parent company, the Blackstone Group, a private investment firm, previously announced the upgrades last summer when it unveiled the collection (See LXR intends to give single voice to collection of luxury resorts.)

The portfolio includes 16 former Wyndham owned-and-operated properties as well as seven hotels and resorts from Blackstones Boca Hospitality Collection and Prime Hospitality holdings, according to Barry Lewin, LXR president.

Each of the landmark properties now part of LXR will return to its original name, Lewin said. LXR is an umbrella of famous hotels, and our customers are more interested in the hotel than in the brand.

Targeted for extensive renovations are the four former Wyndham properties in Puerto Rico (El Conquistador Resort & Golden Door Spa, Las Casitas Village, El San Juan Hotel & Casino and Condado Plaza Hotel & Casino) as well as Rose Hall Resort & Country Club in Montego Bay, Jamaica.

[Wyndham Hotels & Resorts Caribbean portfolio still includes its resorts in Aruba, Nassau, St. Maarten and St. Thomas. In addition, there are five Viva Wyndham resorts in the Dominican Republic, one on Grand Bahama Island and two in the Riviera Maya, Mexico.]

More than $50 million is budgeted for renovations at the 570-room Condado Plaza Hotel and Casino in San Juan. Raul Bustamente, whose career spans 20 years with Hilton International, was named managing director of the hotel, effective Feb. 1, and will oversee the renovation project, due to start May 1 on a floor-by-floor basis. The Condado is currently the hotel closest to the new Puerto Rico Convention Center. The Sheraton, which will be the centers anchor hotel, has not yet broken ground.

Other LXR properties include the Boulders Resort & Golden Door Spa in Carefree, Ariz.; the Peaks Resort & Golden Door Spa in Telluride, Colo.; the Rihga Hotel in New York; and the Saratoga Resort in Saratoga Springs, N.Y. The Great Eastern Hotel in London is the sole European property, for now.

For details, visit www.luxuryresorts.com.

To contact reporter Gay Nagle Myers, send e-mail to [email protected].

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