Nick and Terry Saban part of investor group buying Perdido Beach Resort

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Perdido Beach Resort
(Perdido Beach Resort)

The prestigious Perdido Beach Resort in Orange Beach is now under a new ownership group which includes Nick and Terry Saban.

The couple is part of an investor group that includes entrepreneur Joe Agresti and a small group of other investors. Aurora Hospitality Partners is expected to oversee day-to-day operations when the resort reopens on Dec. 30, 2025.

“As an Alabama-based management company, Aurora Hospitality Partners is dedicated to preserving the resort’s longstanding legacy while elevating the guest experience for generations to come. Their commitment to Alabama’s Gulf Coast and to the history of our property ensures that what has made this place so special for nearly 40 years will continue to flourish.”

Perdido Beach Resort

Perdido Beach Resort

Perdido Beach Resort is a resort and conference center located on the sandy beaches of Alabama’s Gulf Coast. Since its opening in 1987, the property has remained under the ownership of its developer Jim Meadlock.

With 338 keys, over 43,000 square feet of event and meeting space and four (4) food and beverage outlets, Perdido Beach Resort has been an icon of the Alabama Gulf Coast for almost 4 decades.

Aurora Hospitality Partners is an Alabama based hotel management company with properties under both the Marriott and Hilton brands. Its flagship property, The Alamite in Tuscaloosa, was awarded the Marriott Tribute Portfolio Hotel of the Year in 2024.

“This significant transaction ensures that one of Alabama’s most iconic coastal properties remains under the stewardship of leaders who are deeply committed to the State of Alabama, its people, and the future of tourism along Alabama’s Gulf Coast. Perdido Beach Resort has been a cherished destination for families across the Southeast for almost forty years. Its acquisition underscores a powerful shared mission: to preserve and protect a beloved Alabama treasure while ensuring its continued success for generations to come.”

Perdido Hotel Partners LLC

Nick Saban after retirement

This isn’t the first investment made by Nick and Terry Saban since the legendary Alabama coach’s retirement.

Here are some of the other things he has been up to in the last two years:

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Caleb Turrentine
Caleb Turrentine
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