Ryman Hospitality Properties announced a definitive agreement to acquire the Grande Lakes Orlando Resort for $1.38 billion. This significant acquisition is expected to be accretive to the company's Adjusted FFO per diluted share for 2027, indicating a positive financial impact for Ryman Hospitality.
Ryman Hospitality Properties is acquiring the Grande Lakes Orlando Resort, a substantial asset comprising two hotels and a golf course, for $1.38 billion. This acquisition is a major strategic move for RHP, expanding its portfolio of upscale convention center resorts. The company expects the deal to be accretive to Adjusted FFO per diluted share by 2027, suggesting a positive long-term financial outlook for RHP. For traders, this represents a potential opportunity as the market digests the implications of this large-scale acquisition on RHP's future earnings and growth trajectory, with the closing expected in Q3 2026.