Ryman Hospitality Properties, Inc. (RHP), through its subsidiary, has entered into a definitive agreement to acquire the JW Marriott Orlando, Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes for a purchase price of approximately $1.38 billion.
Key Details
- Transaction Value: The aggregate purchase price is approximately $1.38 billion, subject to customary adjustments. A $50 million deposit has been placed in escrow.
- Acquired Assets: The acquisition includes the JW Marriott Orlando, Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes, located in Orlando, Florida.
- Agreement & Timeline: The purchase agreement was signed on August 10, 2026, and the acquisition is expected to close in the third quarter of 2026.