CNL Hotels & Resorts Acquires 100% Interest in JW Marriott Desert Ridge Resort & Spa.
ByAinvest
Saturday, Feb 7, 2026 5:00 pm ET1min read
MAR--
CNL Hotels & Resorts has acquired the remaining interests in the 950-room JW Marriott Desert Ridge Resort & Spa in Phoenix, Arizona, increasing its ownership to 100%. The acquisition was made for an aggregate purchase price of approximately $65 million, plus closing price adjustments.
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