Ryman Hospitality Properties to Acquire JW Marriott San Antonio Hill Country Resort & Spa From Blackstone REIT for $800 Million

Ryman Hospitality Properties, Inc. | June 6, 2023

NASHVILLE, Tenn. and NEW YORK, June 06, 2023 -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW Marriott Hill Country”) in San Antonio, Texas for $800 million from BREIT. Mark Fioravanti, President and Chief Executive Officer of Ryman Hospitality Properties, said, “We identified the JW Marriott Hill Country as an ideal acquisition target quite some time ago. Located in an attractive and growing market with no emerging c...