Greenberg Traurig Advises Ryman Hospitality Properties on $1.38B Grande Lakes Orlando Resort Acquisition

Ryman Hospitality Properties, Inc. has successfully completed its acquisition of the Grande Lakes Orlando Resort for approximately $1.38 billion. The transaction, which closed on September 1, 2026, marks a significant expansion for Ryman, a lodging real estate investment trust (REIT) known for its focus on high-quality hospitality offerings. The acquisition was facilitated by global law firm Greenberg Traurig, LLP, which represented Ryman throughout the deal.

Grande Lakes Orlando is a prominent 409-acre luxury resort complex located in Orlando, Florida. The property features a 1,010-room JW Marriott and a 582-room Ritz-Carlton, along with a Greg Norman-designed 18-hole championship golf course and approximately 320,000 square feet of meeting and event space. This acquisition aligns with Ryman's strategy to enhance its portfolio of premium hospitality assets, particularly those that cater to both leisure and business travelers.

The strategic rationale behind this acquisition is rooted in Ryman's commitment to providing exceptional meeting experiences and luxury accommodations. By integrating Grande Lakes Orlando into its portfolio, Ryman aims to leverage the resort's extensive meeting facilities and upscale amenities to attract corporate clients and event planners. The continued operation of the property under the established JW Marriott and Ritz-Carlton brands, managed by Marriott International, further solidifies Ryman's position in the competitive hospitality market.

The hospitality sector has been experiencing a resurgence as travel demand rebounds post-pandemic, with luxury and high-end properties seeing increased interest from both leisure and business travelers. Ryman's acquisition of Grande Lakes Orlando positions the company to capitalize on this trend, enhancing its ability to meet the evolving needs of guests seeking premium experiences. The addition of this resort also underscores Ryman's focus on expanding its footprint in key markets, particularly in regions with strong tourism and business activity.

As the hospitality industry continues to recover and evolve, Ryman's acquisition of Grande Lakes Orlando is indicative of a broader trend among REITs and hospitality operators seeking to bolster their portfolios with high-quality assets. This transaction not only enhances Ryman's market presence but also reflects the ongoing demand for luxury accommodations and comprehensive meeting facilities in prime locations. The successful integration of Grande Lakes Orlando into Ryman's operations will be closely watched as the company navigates the post-pandemic landscape and seeks to maximize its growth potential in the hospitality sector.