Last Updated: August 18, 2005 09:27pm ET

GlobeSt.com UPDATE: Blackstone Forms Luxury Brand

By Barbara Jarvie

NEW YORK CITY-Blackstone completes its merger with Wyndham International and places a mix of properties into a new brand featuring luxury hotels, resorts, golf clubs and marinas. Blackstone intends to invest $400 million in improvements to the 21 properties which are located in the US, Puerto Rico and the Caribbean.

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