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KTLA29d
Ryman Hospitality Properties, Inc. to Acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $865 Million
The purchase price represents a 12.7x Adjusted EBITDAre multiple on JW Marriott Desert Ridge’s 2024 results. 1 The property’s 2025 results are expected to be impacted by construction ...
Business Wire29d
Trinity Investments Sells JW Marriott Phoenix Desert Ridge Resort & Spa for $865 million
LOS ANGELES--(BUSINESS WIRE)--Trinity Investments (“Trinity”), a U.S.-based hospitality-focused real estate investor, announced today the sale of the JW Marriott Phoenix Desert Ridge Resort ...
Nasdaq29d
Ryman Hospitality Properties, Inc. Announces $865 Million Acquisition of JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona
Ryman Hospitality Properties plans to acquire JW Marriott Desert Ridge for $865 million, enhancing its group-oriented hotel portfolio. The acquisition price of $865 million represents a high 12.7x ...
manilatimes29d
Ryman Hospitality Properties, Inc. to Acquire JW Marriott Phoenix Desert Ridge Resort & Spa for $865 Million
The purchase price represents a 12.7x Adjusted EBITDAre multiple on JW Marriott Desert Ridge's 2024 results. 1 The property's 2025 results are expected to be impacted by construction disruption ...