Ryman Hospitality completes $865M acquisition of JW Marriott Phoenix Desert Ridge Resort

Ryman Hospitality Properties, Inc.

Acquired JW Marriott Phoenix Desert Ridge Resort & Spa for approx. $865M; closed June 10, 2025.
Funded via 2,990,000 shares at $96.20/share ($287M) and $625M 6.500% senior notes due 2033.
Property features 950 guest rooms (81 suites), 243K sq ft meeting/event space, and two golf courses.
Recent ~$100M capital improvements include rooms renovation, enhanced lobby, and upgraded amenities.
Integration into Ryman's group-focused portfolio expected to generate value creation opportunities.

item 2.01item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.