Ryman Hospitality Properties

Ryman Hospitality Properties, Inc. is a real estate investment trust, which engages in owning and operating group-oriented, destination hotel assets in urban and resort markets. It operates through the following segments: Hospitality, Entertainment, and Corporate and Other. The Hospitality segment includes directly-owned hotel properties and hotel operations, as well as the Gaylord Rockies joint venture. The Entertainment segment refers to the Grand Ole Opry assets, the Ryman Auditorium, WSM-AM, Ole Red, other Nashville-based attractions, and the Circle joint venture. The Corporate and Other segment represents the corporate expenses. The company was founded by Edward Lewis Gaylord in 1956 and is headquartered in Nashville, TN.

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Ryman Hospitality Properties (RHP) achieves record-breaking Q4 results and eyes growth opportunities in 2023

Ryman Hospitality Properties (RHP) excelled in Q4 2022, reporting record revenue and EBITDAre, driven by strong occupancy and RevPAR growth. The company's strategic investments, robust balance sheet, and sustainability initiatives position it well for future success. Challenges lie in market uncertainties and operational complexities, but RHP sees opportunities in segment growth and event bookings.

Ryman Hospitality Properties excels in Q1 2023, eyes strategic growth

RHP's Q1 2023 performance was outstanding, with robust financial results and optimistic growth outlook across hospitality and entertainment segments.
The company's strategic investments, strong financial position, and focus on operational efficiencies position it well for future profitability and dividend growth.
While facing challenges in specific markets, RHP's proactive approach to renovations and partnerships underscores its commitment to sustained success.
By capitalizing on market conditions and growth opportunities, RHP aims to further enhance profitability and market presence in the coming quarters.

Ryman Hospitality Properties reports record Q2 results and eyes strategic growth

Ryman Hospitality Properties delivered strong financial results in Q2, showcasing resilience and strategic growth initiatives.
Despite facing challenges in managing significant growth plans and market uncertainties, the company remains optimistic about future opportunities.
With a focus on enhancing guest experiences, expanding properties, and exploring new markets, RHP is poised for continued success and value creation.

Ryman Hospitality Properties achieves record-breaking Q3 performance and eyes strategic growth opportunities

RHP's Q3 2023 performance marked record-breaking success with strong growth in key hospitality metrics and strategic investments in entertainment projects.
While facing challenges like normalized wage growth and content distribution transitions, RHP is well-positioned to capitalize on opportunities for revenue diversification and audience expansion.
The company's focus on collaboration, strategic partnerships, and differentiated strategies underscores its commitment to driving growth and profitability in the business.
With a clear roadmap for future growth priorities and a resilient performance outlook for Q4, RHP aims to navigate challenges and leverage opportunities for sustained success.

Ryman Hospitality Properties reports record Q4 results and strategic growth

RHP's Q4 performance reflects operational excellence, financial strength, and strategic partnerships driving growth in the hospitality sector.
While facing challenges in renovations, asset performance, and seasonal earnings, RHP's focus on customer-centric strategies and profitability optimization remains key.
The company's proactive approach to capital projects, group demand, and entertainment offerings positions them for continued success and market leadership.

Ryman Hospitality Properties sets new records in Q1 2024

RHP's Q1 2024 showcased robust financial performance and strategic initiatives to drive growth. Despite challenges in transient demand and Easter timing, the company remains optimistic about future bookings and rate growth. With a focus on premium groups and successful financing activities, RHP is well-positioned for continued success in the hospitality sector.

Ryman Hospitality Properties reports record Q3 results and outlines growth plans

RHP's Q3 performance reflects robust growth in both hospitality and entertainment segments, driven by strategic investments and strong group business. While facing challenges from leisure softness and disruptions, the company remains focused on enhancing customer experience and operational efficiency. With a positive outlook, RHP is well-positioned to capitalize on growth opportunities and create long-term value for shareholders.

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Hotel REITs are making a steady comeback, up a modest 4.93% in 2023, despite taking a significant hit during the pandemic. Domestic travel has recovered to 100% of pre-pandemic levels, all COVID restrictions have been lifted from international travel, and gasoline prices are down sharply, providing strong tailwinds for hotel demand. Ryman Hospitality Properties is achieving high double-digit revenue growth in both its hotel segment and its entertainment segment, driving its Debt/EBITDA down to an excellent 4.2.

Ryman Hospitality: Expanding On The Grand Ole Opry

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The Zacks REIT and Equity Trust - Other industry stocks PLD, EGP and RHP are poised to benefit from growth in the digital economy and the resumption of travel despite high interest rates and economic slowdown fears.

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Focusing on acquiring group-oriented meeting hotels in urban and resort markets, Ryman Hospitality (RHP) buys JW Marriott Hill Country Resort & Spa in San Antonio, TX, for $800 million.

Ryman Hospitality (RHP) Boosts Texas Portfolio With Buyout

NASHVILLE, Tenn., June 30, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) announced today it has closed the previously announced acquisition of the JW Marriott San Antonio Hill Country Resort & Spa (“JW Hill Country”) in San Antonio, Texas from Blackstone Real Estate Income Trust, Inc.

Ryman Hospitality Properties, Inc. Closes Acquisition of JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc.

NASHVILLE, Tenn., June 26, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”), a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and one-of-a-kind entertainment experiences announced that its former Board of Directors member Patrick Moore has been appointed Chief Executive Officer of its Opry Entertainment Group (“OEG”) division. Moore's responsibilities include oversight of OEG's growth plan, day-to-day operations, and business development activities.

Ryman Hospitality Properties, Inc. Announces Patrick Moore as Chief Executive Officer of Opry Entertainment Group

NASHVILLE, Tenn., June 22, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together with the Operating Partnership, the “Issuers”), completed the previously announced private placement of $400 million aggregate principal amount of 7.250% senior notes due 2028 (the “Notes”). The Notes are senior unsecured obligations of the Issuers and are guaranteed by the Company and the Company's and the Operating Partnership's subsidiaries that guarantee the Operating Partnership's existing credit facility, the 4.750% senior unsecured notes due 2027 and the 4.50% senior unsecured notes due 2029. The aggregate net proceeds from the sale of the Notes are expected to be approximately $393 million, after deducting the initial purchasers' discounts and commissions and estimated offering expenses.

Ryman Hospitality Properties, Inc. Announces Closing of $400 Million of 7.250% Senior Notes Due 2028

NASHVILLE, Tenn., June 19, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“RHP”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, announced today that it will release its second quarter 2023 earnings results after the market closes on Thursday, August 3, 2023. Management will hold a conference call to discuss the quarter's results at 11:00 a.m. ET on Friday, August 4, 2023.

Ryman Hospitality Properties, Inc. Announces Second Quarter 2023 Earnings Conference Call – Friday, August 4, 2023, 11 a.m. ET

NASHVILLE, Tenn., June 09, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the closing of its previously announced upsized underwritten registered public offering of 4,427,500 shares of its common stock, par value $0.01 per share, at a price to the public of $93.25 per share (the “Offering”). The shares sold in the Offering included 577,500 shares sold following the June 7, 2023 exercise in full of the underwriters' option to purchase additional shares of common stock, which were delivered at the time of the closing of the Offering. As a result, the Company received aggregate net proceeds from the sale of the common stock of approximately $396 million, after deducting underwriting discounts and commissions and other estimated expenses of the Offering payable by the Company.

Ryman Hospitality Properties, Inc. Announces Closing of Upsized Common Stock Offering and Full Exercise of Underwriters' Over-Allotment Option

NASHVILLE, Tenn., June 07, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together, with the Operating Partnership, the “Issuers”), successfully upsized and priced the private placement of $400 million aggregate principal amount of 7.250% senior notes due 2028 (the “Notes”). The aggregate principal amount of the Notes to be issued in the offering was increased to $400 million from the previously announced $300 million. The Notes will be senior unsecured obligations of the Issuers and guaranteed by the Company and its subsidiaries that guarantee its existing credit facility, 4.750% senior unsecured notes due 2027 and 4.50% senior unsecured notes due 2029. Subject to customary closing conditions, the Issuers expect the private placement of the Notes to close on June 22, 2023. The aggregate net proceeds from the sale of the notes are expected to be approximately $393 million, after deducting the initial purchasers' discounts and commissions and estimated offering expenses.

Ryman Hospitality Properties, Inc. Announces Upsizing and Pricing of $400 Million of Senior Notes Due 2028

NASHVILLE, Tenn., June 07, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that its subsidiaries, RHP Hotel Properties, LP (the “Operating Partnership”) and RHP Finance Corporation (together, with the Operating Partnership, the “Issuers”), intend to offer, in a private placement, subject to market and other conditions, up to $300 million aggregate principal amount of senior notes due 2028 (the “Notes”). The Notes will be senior unsecured obligations of the Issuers and guaranteed by the Company and its subsidiaries that guarantee its existing credit facility, 4.750% senior unsecured notes due 2027 and 4.50% senior unsecured notes due 2029.

Ryman Hospitality Properties, Inc. Announces Proposed $300 Million Senior Notes Offering

NASHVILLE, Tenn., June 06, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the upsizing and pricing of its previously announced underwritten registered public offering of shares of its common stock, par value $0.01 per share (the “Offering”). The size of the Offering has been increased from 3,500,000 shares of common stock to 3,850,000 shares of common stock, at a price to the public of $93.25 per share. The Company also granted the underwriters a 30-day option to purchase up to 577,500 additional shares of common stock. The Offering is expected to close on or about June 9, 2023, subject to customary closing conditions.

Ryman Hospitality Properties, Inc. Announces Upsizing and Pricing of Common Stock Offering

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Ryman Hospitality Properties Inc. RHP, -1.65% is down 1.6% in premarket trades Tuesday after it agreed to pay $800 million for a resort in Texas from a Blackstone Inc. BX, -3.76% fund, and said it would issue 3.5 million shares of stock. Ryman and Blackstone Real Estate Income Trust agreed that Ryman would purchase the JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, Texas, according to a statement issued late Monday.

Ryman Hospitality buys Blackstone resort in Texas for $800 mln, issues stock

NASHVILLE, Tenn., June 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced that it has commenced an underwritten registered public offering (the “Offering”) of 3,500,000 shares of its common stock, par value $0.01 per share. The Company expects to grant the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock.

Ryman Hospitality Properties, Inc. Announces Offering of 3,500,000 Shares of Common Stock

NASHVILLE, Tenn. and NEW YORK, June 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement under which Ryman will purchase the JW Marriott San Antonio Hill Country Resort & Spa (“JW Marriott Hill Country”) in San Antonio, Texas for $800 million from BREIT.

Ryman Hospitality Properties, Inc. to Acquire JW Marriott San Antonio Hill Country Resort & Spa from Blackstone Real Estate Income Trust, Inc. for $800 Million

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Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The final pandemic-era travel restrictions were lifted last week with the ending of the vaccine mandate for foreign arrivals. International travel demand should provide a healthy tailwind over the coming quarters.

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NASHVILLE, Tenn., May 18, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today successfully completed a series of refinancing transactions that extends maturities of the $700 million Revolving Credit Facility and $500 million Term Loan B, and eliminates mortgage collateral requirements in its Credit Facility.

Ryman Hospitality Properties, Inc. Successfully Completes Refinancing of $700 Million Credit Facility and $500 Million Term Loan B

Ryman Hospitality Properties just reported fantastic numbers and could be just getting started.

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Ryman Hospitality Properties, Inc. (NYSE:RHP ) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Jennifer Hutcheson - Investor Relations Colin Reed - Executive Chairman Mark Fioravanti - President and Chief Executive Officer Jennifer Hutcheson - Chief Financial Officer Patrick Chaffin - Chief Operating Officer Conference Call Participants Smedes Rose - Citi Shaun Kelley - Bank of America Dori Kesten - Wells Fargo Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities Bill Crow - Raymond James Operator Welcome to Ryman Hospitality Properties First Quarter 2023 Earnings Conference Call. Hosting the call today from Ryman Hospitality Properties are Mr.

Ryman Hospitality Properties, Inc. (RHP) Q1 2023 Earnings Call Transcript

Ryman Hospitality Properties (RHP) came out with quarterly funds from operations (FFO) of $1.89 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to FFO of $0.63 per share a year ago.

Ryman Hospitality Properties (RHP) Beats Q1 FFO and Revenue Estimates

NASHVILLE, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, today reported financial results for the three months ended March 31, 2023.

Ryman Hospitality Properties, Inc. Reports First Quarter 2023 Results

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NASHVILLE, Tenn., April 05, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties (NYSE: RHP) (the “Company”), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and entertainment experiences, today provided the following business update:

Ryman Hospitality Properties, Inc. Provides Operating Update

NASHVILLE, Tenn., April 04, 2023 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and entertainment experiences, today announced its slate of director nominees for its upcoming 2023 annual meeting of stockholders. The slate consists of the Company's nine incumbent directors and new director nominee William E. (Bill) Haslam, the former Governor of the State of Tennessee from 2011 to 2019.

Ryman Hospitality Properties Announces 2023 Board of Directors Slate; Adds Former Tennessee Governor Bill Haslam as a Director Nominee

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