Ryman Hospitality Properties to buy Grande Lakes Orlando resort for $1.38 billion

Reuters2026/08/10 10:24

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Ryman Hospitality Properties agreed to buy the fee simple interest in Grande Lakes Orlando Resort in Florida for $1.38 billion.
Property includes a 1,010-room JW Marriott, a 582-room Ritz-Carlton, a 409-acre resort complex with a Greg Norman-designed golf course.
Transaction valued at 12.5x adjusted EBITDAre on trailing 12-month results through June 30, 2026.
Marriott International will continue to operate the resort under the JW Marriott and Ritz-Carlton brands.
Closing expected in the third quarter of 2026; acquisition expected to lift adjusted FFO per diluted share in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ryman Hospitality Properties Inc. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ryman Hospitality Properties to buy Grande Lakes Orlando resort for $1.38 billion

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