Ryman Hospitality Properties is acquiring Phoenix’s largest resort, the JW Marriott Phoenix Desert Ridge Resort, for $865 million. The resort has 950 rooms, including 81 suites, and has undergone $100 million in capital investments in recent years.

US-based hospitality-focused real estate investor Trinity Investments has divested JW Marriott Phoenix Desert Ridge Resort & Spa to Ryman Hospitality Properties (RHP) for $865m. The JW Marriott property is known as the largest resort in Phoenix,

Ryman Hospitality Properties has entered into a definitive agreement with seller Trinity Investments to acquire what the companies claim is the largest resort in the metro area.