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

Ryman Hospitality Properties closed a $1.38 billion purchase of the Grande Lakes Orlando luxury resort complex from its prior owner.

Rhea-AI Summary

Ryman Hospitality Properties (RHP) completed the acquisition of the fee simple interest in Grande Lakes Orlando Resort for approximately $1.38 billion, with the transaction closing on Sept. 1, 2026.

The 409-acre luxury resort complex in Orlando, Florida, includes a 1,010-room JW Marriott hotel, a 582-room Ritz-Carlton hotel, a Greg Norman-designed 18-hole championship golf course, and about 320,000 square feet of meeting and event space. Grande Lakes will continue to operate under the JW Marriott and Ritz-Carlton brands and be managed by Marriott International, as stated by Ryman. Global law firm Greenberg Traurig advised Ryman on the deal, with its team led by Hospitality Practice Co-Chair Samantha Ahuja, Washington, D.C. Shareholder Nelson F. Migdal, New York Real Estate Shareholder Josh Farrell, and Dallas Real Estate Of Counsel Callie Anne White.

Positive

• Acquisition value approximately $1.38 billion for fee simple interest in Grande Lakes Orlando
• Resort scale 1,592 total luxury hotel rooms across JW Marriott and Ritz-Carlton
• Meeting footprint about 320,000 square feet of meeting and event space at the property
• Asset size 409-acre luxury resort complex including an 18-hole championship golf course

Negative

• None.

Market Context

On Sep 1, RHP's disclosed Grande Lakes closing recorded a -0.61% 24-hour price reaction; this articl...

Analysis

On Sep 1, RHP's disclosed Grande Lakes closing recorded a -0.61% 24-hour price reaction; this article reiterated the completed acquisition without adding terms or outlook changes.

Key Figures

Acquisition price: $1.38 billion Property size: 409 acres JW Marriott rooms: 1,010 rooms +2 more

Acquisition price

$1.38 billion

Grande Lakes Orlando Resort acquisition

Property size

409 acres

Grande Lakes Orlando Resort

JW Marriott rooms

1,010 rooms

Grande Lakes Orlando Resort

Ritz-Carlton rooms

582 rooms

Grande Lakes Orlando Resort

Meeting and event space

320,000 square feet

Grande Lakes Orlando Resort

Previous Acquisition Reports

2 past events · Latest: Sep 1

Same Type 2 events

1. Sep 1

   Acquisition closing

   24h Move

   -0.6%

   Closed the same $1.38 billion Grande Lakes transaction and updated 2026 outlook.

2. Aug 10

   Acquisition agreement

   24h Move

   -0.7%

   Signed definitive agreement for Grande Lakes acquisition with Marriott brands retained.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reit, fee simple interest

2 terms

reit financial

"a lodging real estate investment trust (REIT)"

A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.

fee simple interest technical

"acquisition of the fee simple interest in Grande Lakes Orlando Resort"

Fee simple interest is the broadest form of private ownership in real estate, giving the holder near-complete control of land and buildings, including the right to use, sell, lease, or pass the property to heirs, subject only to laws, zoning, and taxes. For investors, it matters because fee simple ownership affects how easily a property can be valued, financed, transferred, or used as collateral—similar to holding the title to a car versus renting it.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

WASHINGTON, Sept. 11, 2026 /PRNewswire/ -- Global law firm Greenberg Traurig, LLP represented Ryman Hospitality Properties, Inc. (NYSE: RHP) (Ryman), a lodging real estate investment trust (REIT), in its acquisition of the fee simple interest in Grande Lakes Orlando Resort for approximately $1.38 billion. The transaction closed Sept. 1.

Grande Lakes Orlando is a 409-acre luxury resort complex in Orlando, Florida, featuring a 1,010-room JW Marriott, a 582-room Ritz-Carlton, a Greg Norman-designed 18-hole championship golf course, and approximately 320,000 square feet of meeting and event space. 

Grande Lakes will continue to operate under the JW Marriott and Ritz-Carlton brands managed by Marriott International, according to Ryman's statement.

"It has been a privilege to support Ryman on another important milestone for the company," Greenberg Traurig Hospitality Practice Co-Chair Samantha Ahuja said. "Grande Lakes Orlando is a premier destination, and this acquisition reflects Ryman's continued focus on high-quality hospitality and meeting experiences."

In addition to Ahuja, the Greenberg Traurig deal team was led by Washington, D.C., Shareholder and Hospitality Practice Co-Chair Nelson F. Migdal, New York Real Estate Shareholder Josh Farrell, and Dallas Real Estate Of Counsel Callie Anne White.

About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,200 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm's broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI "Best of the Best Recommended Law Firm" by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/greenberg-traurig-advises-ryman-hospitality-properties-on-1-38b-grande-lakes-orlando-resort-acquisition-302876661.html

SOURCE Greenberg Traurig, LLP

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What exactly did Ryman Hospitality Properties acquire in the Grande Lakes Orlando transaction?

Ryman acquired the fee simple interest in the Grande Lakes Orlando Resort, which is a 409-acre complex in Orlando, Florida, containing a 1,010-room JW Marriott hotel, a 582-room Ritz-Carlton hotel, an 18-hole Greg Norman-designed championship golf course, and approximately 320,000 square feet of meeting and event space.

When did the Grande Lakes Orlando acquisition by Ryman Hospitality Properties close?

The transaction for the acquisition of the fee simple interest in Grande Lakes Orlando Resort closed on Sept. 1, 2026.

Who will operate the Grande Lakes Orlando Resort after the acquisition by Ryman Hospitality Properties?

Grande Lakes Orlando will continue to operate under the JW Marriott and Ritz-Carlton brands and will be managed by Marriott International, according to Ryman.

Which law firm advised Ryman Hospitality Properties on the Grande Lakes Orlando acquisition?

Greenberg Traurig advised Ryman on the acquisition. The deal team included Hospitality Practice Co-Chair Samantha Ahuja, Washington, D.C. Shareholder Nelson F. Migdal, New York Real Estate Shareholder Josh Farrell, and Dallas Real Estate Of Counsel Callie Anne White.