Ryman Hospitality has purchased the JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, Texas for $800 million from BREIT, Blackstone Real Estate Income Trust.

Located amid approximately 640 acres in the Texas Hill Country, the JW Marriott Hill Country, which opened in 2010, is a group-oriented resort with 1,002 rooms and 268,000 total square feet of indoor and outdoor meeting and event space. The resort’s amenities include the 26,000-square-foot Lantana Spa; eight food and beverage outlets; the 9-acre River Bluff water experience; and TPC San Antonio featuring two 18-hole golf courses, the Greg Norman-designed Oaks Course and the Pete Dye-designed Canyons course.

Blackstone’s Nadeem Meghji said the deal had a great result, “This sale, which generates approximately $275 million in profit over a five-year hold period through Covid, represents a terrific outcome for BREIT shareholders.” Ryman plans for the resort to continue to operate under the JW Marriott flag.