Ryman Hospitality Properties to buy Grande Lakes Orlando Resort for $1.38 billion
RHP•Closing and hotel operations
The transaction is expected to close in the third quarter of 2026.
Marriott will continue to operate the hotels under their existing brands.
Valuation and earnings impact
The purchase price equals 12.5x trailing 12-month Adjusted EBITDAre through June 30, 2026.
The company said the acquisition is expected to lift adjusted FFO per share in 2027.
Ryman Hospitality agrees to buy Grande Lakes Orlando Resort
Ryman Hospitality Properties agreed to buy the fee simple interest in Grande Lakes Orlando Resort for $1.38 billion from Trinity Investments.
The property spans 409 acres in Orlando, Florida, and includes a 1,010-room JW Marriott, a 582-room Ritz-Carlton, and an 18-hole golf course.
