Ryman Hospitality Properties Inc.<\/a> has agreed to acquire Grande Lakes Orlando, the 409-acre luxury resort complex that includes the Ritz-Carlton Orlando and JW Marriott Orlando, for $1.38 billion.<\/p>\nThe Nashville-based hospitality company is buying the property from Trinity Investments, which owns the resort through a joint venture with Elliott Investment Management. The transaction is expected to close during the third quarter of 2026.<\/p>\n
Grande Lakes Orlando includes the 1,010-room JW Marriott Orlando, Grande Lakes and the 582-room Ritz-Carlton Orlando, Grande Lakes, along with an 18-hole championship golf course designed by Greg Norman. The sprawling Central Florida destination also features extensive meeting, dining, recreation and resort amenities.<\/p>\n
Ryman plans to help finance the acquisition through an offering of 5.1 million shares of common stock, with cash on hand and debt expected to provide additional funding as needed.<\/p>\n
The acquisition expands Ryman\u2019s presence in the large-scale resort and convention hotel market. Its portfolio includes Gaylord Palms Resort & Convention Center in Kissimmee and the JW Marriott San Antonio Hill Country Resort & Spa.<\/p>\n
Trinity and Elliott acquired Grande Lakes Orlando in 2018 and subsequently invested in a major renovation of the property, including the addition of a water park. In 2023, the joint venture secured a $750 million commercial mortgage-backed securities refinancing for the resort.<\/p>\n
The $1.38 billion transaction ranks among the largest recent hospitality deals in Florida. Earlier this year, BDT & MSD Partners acquired the Four Seasons Resort Orlando in a $750 million transaction, while Bass Pro Shops recently agreed to acquire a luxury fishing resort in Islamorada for more than $300 million.<\/p>\n
The deal also comes as Ryman evaluates other parts of its portfolio. The company has reportedly explored a potential sale of its interest in Opry Entertainment Group, whose properties include the Grand Ole Opry and Nashville\u2019s Ryman Auditorium.<\/p>\n","protected":false},"excerpt":{"rendered":"Ritz-Carlton Orlando Ryman Hospitality Properties Inc. has agreed to acquire Grande Lakes Orlando, the 409-acre luxury resort complex…\n","protected":false},"author":2,"featured_media":367532,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[139,141,140],"class_list":["post-367531","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-orlando","tag-orlando-headlines","tag-orlando-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/367531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=367531"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/367531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/367532"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=367531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=367531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=367531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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