Ryman Hospitality to buy Grande Lakes Orlando resorts for $1.38 billion
Ryman Hospitality Properties agreed on August 10, 2026, through a subsidiary, to buy the JW Marriott Orlando, Grande Lakes Resort and the Ritz-Carlton Orlando, Grande Lakes from GLO Hotel Owner LLC for an aggregate price of approximately $1.38 billion, subject to adjustments. The company expects to close in the third quarter of 2026, and its filing lists risks including possible failure to close, integration difficulties and concentration in Marriott-owned brands.
Key points
- Purchase price of approximately $1.38 billion, subject to adjustments; $50 million deposited in escrow and applied to the price at closing
- Expected to close in the third quarter of 2026, subject to customary closing conditions
- Grande Lakes has 1,592 guest rooms across two hotels, per the press release
- Company expects the acquisition to be accretive to Adjusted FFO per diluted share for 2027
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.