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 propertys 2025 results are expected to be impacted by construction disruption related to the meeting space renovation currently underway and ongoing through the third quarter.
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