
16:16 ET Perdido Hotel Partners Acquire Iconic Resort in Orange Beach, Alabama

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Perdido Hotel Partners, LLC, an affiliate of Aurora Hospitality Partners, along with Ms. Terry & Coach Nick Saban and entrepreneur Joe Agresti, have acquired the Perdido Beach Resort in Orange Beach, Alabama. This acquisition aims to preserve the resort's legacy and enhance its future under local leadership. Aurora Hospitality Partners will manage the resort, focusing on maintaining its iconic status and improving guest experiences. The resort, a significant destination for nearly 40 years, will reopen under new ownership on December 30, 2025.
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