A Luxury Resort Near Disney Just Sold For $121 Million

Disney World’s property spans 27,000 acres (20 square miles) making it the largest theme park in the world. And while it may seem that every hotel around the parks is either a Disney Hotel or a Good Neighbor hotel, there are nearby hotels that are not affiliated with Disney at all!

Disney’s Yacht Club Resort

We don’t know about you, but when we think about how much one Disney hotel would cost to BUY as a whole, we get a little scared (especially looking at how much it costs to just rent a room for a few days — we’re looking at you Grand Floridian.) A few resorts around the area have sold for upwards of $100 million. And now another resort near the Disney World parks just sold for an LARGE amount of money!

The Grand Orlando Resort Bonnet Creek is a luxury resort near the Disney World parks that has no affiliation with Disney World. However, the resort is within 2 miles of EPCOT, Disney Springs, and Hollywood Studios!

©Wyndham Grand Orlando Resort Bonnet Creek

According to WFTV, the resort features 400 rooms, six pools, and 2 lazy rivers. This week, JLL’s Hotels & Hospitality Group announced that the resort was sold for $121 million to a joint venture between Tishman Realty and Cross Lake Partners. In a statement, JLL Senior Vice President Christopher Exler said, “With Disney World breaking all-time revenue records and the overall leisure thesis within hotel real estate, we expect the Orlando market to increasingly come into focus for investors.”

Disney World

So WHOA. If that’s what a non-Disney affiliated hotel sells for, then what would a Disney hotel sell for…😳 If we ever find out, DFB will be sure to let you know!

A new hotel in the Disney Springs area is accepting reservations NOW! Get all the details here. 

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Have you ever stayed at this hotel near Disney? Let us know below!

The post A Luxury Resort Near Disney Just Sold For 1 Million first appeared on the disney food blog.

source https://www.disneyfoodblog.com/2022/04/28/a-luxury-resort-near-disney-just-sold-for-121-million/

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