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. The sale is set to close in the second or third quarter of 2025. We look forward to the JW Marriott Phoenix Desert Ridge Resort & Spas future success under new ownership.
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