Iconic Boca Raton in line for big investment in rejuvenation

Luxury hotelier Daniel Hostettler plans to spend upwards of $200 million in the first of three phases of revival of the once-grand Boca Raton hotel in South Florida. The family of tech tycoon Michael Dell paid $875 million in 2019 for the property, which had lost the cache that brought it fame a half century ago.