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In his new role, he is set to further elevate the hotel’s positioning as the city’s premier luxury urban resort. Reflecting on his appointment, Messaoudi shared: “It is an honor to lead the ...
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 Company plans for the resort to continue to be operated by Marriott International under the JW Marriott flag. The purchase price represents a 12.7x Adjusted EBITDAre multiple on JW Marriott ...
Dane Neal fills in for Lisa Dent this Memorial Day. Segment 1: Phil Ray, General Manager JW Marriott Indianapolis, joins Dane Neal to talk about the aftermath of the Indy 500. Segment 2: Bo Kemp, ...
We look forward to the JW Marriott Phoenix Desert Ridge Resort & Spa’s future success under new ownership." The sale of the renovated JW Marriott Phoenix Desert Ridge Resort & Spa underscores ...
This summary is reviewed by TRD Staff. Ryman Hospitality Properties is acquiring Phoenix’s largest resort, the JW Marriott Phoenix Desert Ridge Resort, for $865 million. The resort has 950 rooms ...
Alternative investment business KSL Capital Partners has expanded its European footprint with the acquisition of the JW Marriott Venice Resort & Spa from Aareal Bank Group, a specialist property bank.
The JW Marriott Desert Ridge is currently undergoing meeting space renovations, which are expected to impact its 2025 results but not its long-term financial performance. Ryman Hospitality, which ...
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