The JW Marriott Desert Ridge Resort & Spa, the largest resort in Phoenix, is set to be acquired for $865 million. Ryman Hospitality Properties Inc., a Nashville-based lodging and hospitality real ...

The JW Marriott Phoenix Desert Ridge Resort & Spa has been sold to Ryman Hospitality Properties. Ryman Hospitality Properties owns the largest nongaming hotels in the U.S. The resort recently ...

The purchase price represents a 12.7x Adjusted EBITDAre multiple on JW Marriott Desert Ridge’s 2024 results. 1 The property’s 2025 results are expected to be impacted by construction ...