What changed
Ryman Hospitality Properties completed its acquisition of Grande Lakes Orlando Resort for approximately $1.38 billion. The resort adds a 1,010-room JW Marriott and a 582-room Ritz-Carlton with roughly 320,000 square feet of meeting space. Full-year 2026 consolidated Adjusted EBITDAre guidance midpoint increased by $32.5 million to $926.5 million, while Adjusted FFO available to common stockholders and unit holders midpoint rose by $17.0 million to $621.5 million. Net income available to common stockholders per diluted share guidance midpoint decreased by $0.18 to $3.93.
Why it matters
Ryman Hospitality Properties completed its acquisition of Grande Lakes Orlando Resort for approximately $1.38 billion. The resort adds a 1,010-room JW Marriott and a 582-room Ritz-Carlton with roughly