Ryman Hospitality to Acquire Grande Lakes Orlando Resort for $1.38 Billion

Key Facts

In a move reflecting continued expansion within the luxury hospitality real estate sector, Ryman Hospitality Properties has announced a definitive agreement to acquire the Grande Lakes Orlando Resort in Florida for $1.38 billion. The 409-acre complex features the JW Marriott and Ritz-Carlton hotels, totaling 1,592 rooms, alongside a Greg Norman-designed golf course. The company anticipates that the acquisition will be accretive to its adjusted funds from operations (Adjusted FFO) per diluted share by 2027.

This acquisition strengthens Ryman's position as a specialized lodging REIT focused on large-scale convention centers and entertainment, adding to a portfolio that includes Gaylord Palms and JW Marriott San Antonio. According to analyst data, the purchase price represents a 12.5x Adjusted EBITDAre multiple based on trailing results through June 2026. The addition is considered strategic given the resort's location in Orlando, a premier destination for both corporate conventions and leisure tourism.

Operationally, investors will be watching the integration of these massive assets to ensure the projected financial benefits are realized by 2027. Based on market data as of August 10, 2026, updated closing prices for the instrument are currently unavailable in the system. Furthermore, recent economic data such as the US ISM Services PMI remains a key macro catalyst to monitor, as it directly impacts the broader hospitality and services industry in which the company operates.