Ryman Hospitality Properties to buy Grande Lakes Orlando Resort for $1.38 billion
Reuters2026/08/10 10:30- Ryman Hospitality Properties agreed to buy Grande Lakes Orlando Resort from Trinity Investments for USD 1.38 billion.
- Property spans 409 acres with a 1,010-room JW Marriott, a 582-room Ritz-Carlton, and an 18-hole Greg Norman-designed golf course.
- Valuation set at 12.5x trailing 12-month adjusted EBITDAre through June 30, 2026.
- Marriott International expected to continue operating the hotels under the JW Marriott and Ritz-Carlton brands.
- Closing targeted for the third quarter of 2026; deal expected to lift adjusted FFO per diluted share in 2027.
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