Ryman Hospitality Properties Closes $1.38B Grande Lakes Acquisition

What Happened

• Ryman Hospitality Properties, Inc. reported on Form 8-K that on September 1, 2026 a subsidiary (RHP Property GLO, LLC) completed the purchase of the JW Marriott Orlando Grande Lakes Resort and The Ritz-Carlton Orlando, Grande Lakes from GLO Hotel Owner LLC for approximately $1.38 billion.
• The company also issued a press release the same day announcing the closing and revising guidance for certain 2026 financial measures (press release furnished as Exhibit 99.1).

Key Details

• Purchase price: approximately $1.38 billion; closing date: September 1, 2026.
• Buyer / Seller: Buyer — RHP Property GLO, LLC (a subsidiary of Ryman); Seller — GLO Hotel Owner LLC.
• Funding sources: net proceeds from an underwritten public offering of 5,865,000 shares at $117.00 per share (closed August 12, 2026), a private placement of $700 million aggregate principal amount of 6.250% senior notes due 2035 (closed August 25, 2026), and cash on hand.
• Related filings: The Purchase Agreement was previously filed as Exhibit 10.1 to Ryman’s Form 8-K on August 10, 2026; this 8-K furnishes the Sept. 1 press release (Exhibit 99.1).

Why It Matters

• This is a material expansion of Ryman’s resort portfolio with a large, cash-and-capital-markets funded acquisition, and the company has signaled that it updated certain 2026 financial guidance as a result.
• Investors should note the specific financing mix: an equity offering and $700 million of fixed-rate senior notes (6.25% due 2035), which affect the company’s capital structure and future interest expense; the company’s revised 2026 measures (details in the press release) are the immediate, reported guidance impact.