Two Windsor hotels are under new ownership.

The Hilton Windsor and Windsor Riverside Inn have been purchased by numbered companies.

Shareholders are Darko Vranich, of Hamilton-based Vancor Group and Shmuel Farhi of London-based Farhi Holdings.

In a release late Wednesday, the new ownership announced plans to invest millions.

There will be immediate guestroom renovations at the Hilton, followed by a major property improvement plan.

There will be no change for those who have reservations at the two hotels.