Laps 'round the grounds

We went around to the stables. The manager was merry and enthusiastic, and said she was looking forward to taking Kate on her first pony ride, a very important event in a young girl's life.
"Wonderful view. You must have some great rides here." I indicated the rolling countryside, framed by poplars and willow trees around a pond.
"Unfortunately, the hotel's property ends at that line of trees."
"Really? I thought they owned acres and acres."
"They did, but they sold it. Think they regret it now, sel