Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Ryman Hospitality Properties to buy Grande Lakes Orlando Resort for $1.38 billion

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

ReutersReuters2026/08/10 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.


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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-092958), on August 10, 2026, and is solely responsible for the information contained therein.

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!