Mark Fioravanti Of Ryman Hospitality Properties Acquires Grande Lakes Orlando Resort From Sean Hehir For $1.38B

The transaction involves the sale of the Grande Lakes Orlando Resort, a hotel asset located at 4040 Central Florida Parkway and 4012 Central Florida Parkway in Orlando, FL. The resort spans 409 acres and consists of 1,592 keys, with a reported price per key of $867. The final sale price is set at $1,380,000,000.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $1,380,000,000
• Address: 4040 Central Florida Parkway & 4012 Central Florida Parkway
• Market: Orlando, FL
• Acres: 409
• Keys: 1,592
• PPK: $867
• Buyer: Mark Fioravanti - Ryman Hospitality Properties
• Seller: Sean Hehir - Trinity Investments

Trinity Investments agreed to sell the Grande Lakes Orlando Resort to Ryman Hospitality Properties, with the sale expected to close in Q3 2026. Trinity acquired the resort in 2018 for $870 million and completed a major repositioning prior to this sale, which marks the largest non-gaming U.S. resort transaction on record.