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

Reuters2026/08/10 10:21

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Ryman Hospitality Properties agreed to buy the fee simple interest in Grande Lakes Orlando Resort for USD 1.38 billion from Trinity Investments.
Property spans 409 acres in Orlando, Florida; includes a 1,010-room JW Marriott, a 582-room Ritz-Carlton, and an 18-hole golf course.
Purchase price equals 12.5x trailing 12-month Adjusted EBITDAre through June 30, 2026; expected to lift adjusted FFO per share in 2027.
Transaction is expected to close in the third quarter of 2026; Marriott will continue to operate the hotels under existing brands.

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 via GlobeNewswire (Ref. ID: 202608100621PRIMZONEFULLFEED9806723) 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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