Ryman acquires JW Marriott Phoenix Desert Ridge for $865M
Hotel Business
MAY 20, 2025
The company expects the acquisition of the resort to be accretive to adjusted funds from operations (Adjusted FFO) per fully diluted share for 2026. Trinity acquired the asset in 2019 for $602 million, with financial backing from Elliott Investment Management. of versatile indoor and outdoor meeting and event space.
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