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Ryman acquires JW Marriott Phoenix Desert Ridge for $865M

Hotel Business

Ryman Hospitality Properties Inc. has acquired the JW Marriott Phoenix Desert Ridge Resort & Spa from Trinity Investments for $865 million. Ryman plans for the resort to continue to be operated by Marriott International under the JW Marriott flag. The sale is set to close in the second or third quarter of 2025.