Blackstone forms new luxury resort collection
Blackstone Real Estate Advisors announced the formation of LXR Luxury Resorts, a new collection of properties that will include some of the most treasured luxury hotels, resorts, spas, golf clubs and marinas in the US.
LXR Luxury Resorts will be comprised of 14 of Wyndham’s premier owned and operated properties as well as seven hotels and resorts from Blackstone’s Boca Hospitality Collection and Prime Hospitality Holdings.
Among the well-known hotels and resorts joining the Resorts collection are The Reach Resort and Casa Marina Resort in Key West; the Boulders Resort in Carefree, Arizona; and the Buena Vista Palace in Walt Disney World Resort in Lake Buena Vista.
“The creation of LXR Luxury Resorts provides a tremendous opportunity to take an incomparable collection of prized properties, each of which has enormous potential, and turn them into true luxury showpieces,” said Bill Stein, managing director of Blackstone’s Real Estate Group.
The company has a reputation of significantly reinvesting in its assets and dramatically improving services and amenities. Company officials said over $400 million would be invested in the properties over the next several years.
When it acquired London’s Savoy Group in the 1990s, Blackstone transformed some of the city’s most loved and neglected hotels — including Claridge’s, The Savoy and The Connaught — into thriving properties.
Blackstone officials said a creative roster of various talents would be involved in the near future in reinvigorating and repositioning each of the properties. Some of the best-known chefs and restaurateurs will also be joining the hotels in the next few months, according to Blackstone.
Report by David Wilkening
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements