June 23, 2024

Ryman Hospitality Properties Acquires JW Marriott San Antonio Hill Country Resort & Spa for $800 Million

Exciting news has emerged in the hospitality industry as Ryman Hospitality Properties, a leading real estate investment trust specializing in group-oriented destination hotels, announced its agreement to acquire the prestigious JW Marriott San Antonio Hill Country Resort & Spa. This remarkable deal, valued at a staggering $800 million, marks a significant milestone for both Ryman Hospitality Properties and the San Antonio luxury hotel market. This adds to the portfolio which includes the Gaylord Texan Resort & Convention Center in Grapevine, one of Texas’s largest resorts. Ryman Hospitality Properties plans on keeping the current JW Marriott San Antonio Hill Country Resort & Spa name.

The JW Marriott San Antonio Hill Country Resort & Spa, located off U.S. Highway 281 on the far Northeast Side, has long been recognized as an exceptional destination for leisure and business travelers alike. Nestled amidst the breathtaking beauty of the Texas Hill Country, the resort offers a unique blend of luxury, tranquility, and world-class amenities. With its award-winning golf courses, rejuvenating spa, exquisite dining options, and stunning natural surroundings, the JW Marriott San Antonio Hill Country Resort & Spa has established itself as a premier destination for discerning guests.

The acquisition of this esteemed property by Ryman Hospitality Properties from the Blackstone Real Estate Income Trust further solidifies the company’s commitment to delivering exceptional experiences to group-oriented travelers. Ryman Hospitality Properties has a proven track record of operating iconic hotel properties and entertainment venues, including the famous Gaylord Hotels and the historic Ryman Auditorium in Nashville, Tennessee. This strategic acquisition expands their portfolio and reinforces their position as a leader in the hospitality industry.

The $800 million price tag attached to this acquisition reflects the tremendous value and potential of the JW Marriott San Antonio Hill Country Resort & Spa. Ryman Hospitality Properties recognizes the resort’s unique appeal and its potential for growth in the luxury travel market. With a steadfast commitment to enhancing guest experiences and driving innovation, Ryman Hospitality Properties aims to elevate the resort’s offerings to new heights while maintaining the highest standards of hospitality and service.

The acquisition of the JW Marriott San Antonio Hill Country Resort & Spa by Ryman Hospitality Properties is not only significant for the parties involved but also for the San Antonio community. This landmark deal represents a substantial investment in the local economy and demonstrates the confidence Ryman Hospitality Properties has in San Antonio as a prime destination for tourism and business travel.

As the transition unfolds, guests can look forward to experiencing the continued excellence and renowned hospitality that the JW Marriott brand is known for. Ryman Hospitality Properties plans to leverage its expertise and resources to enhance the guest experience, further establishing the resort as a premier destination for luxury and relaxation.

The acquisition of the JW Marriott San Antonio Hill Country Resort & Spa by Ryman Hospitality Properties is a testament to the allure and success of this remarkable property. With the backing of a renowned and experienced hospitality company, guests can expect even greater things from this already exceptional resort. The $800 million investment marks an exciting new chapter in the property’s history, and San Antonio’s luxury hotel market is poised to benefit greatly from this visionary acquisition.

As the deal is finalized and plans for the future take shape, travelers and locals alike can anticipate an elevated experience at the JW Marriott San Antonio Hill Country Resort & Spa. With Ryman Hospitality Properties at the helm, the resort is well-positioned to deliver unforgettable moments, unparalleled service, and unparalleled luxury to all who pass through its doors.