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Ryman Hospitality Properties, Inc. Provides Business Update and Investor Supplement

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Ryman Hospitality Properties (NYSE: RHP) provided a business update emphasizing its real estate investment trust status specializing in upscale convention center resorts and country music entertainment. With a portfolio that includes five of the largest non-gaming convention center hotels in the U.S. and a growing collection of country music brands, the company's assets total over 10,110 rooms and 2.7 million square feet of meeting space. Key locations include Gaylord Opryland and Gaylord Palms resorts, operated under Marriott International.

Positive
  • Strong portfolio with five top convention center hotels in the U.S.
  • Total of 10,110 rooms and over 2.7 million square feet of meeting space.
  • Growing collection of country music brands enhancing the entertainment segment.
Negative
  • None.

NASHVILLE, Tenn., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) today provided a business update and supplemental information. The supplement can be located on the company’s website under Investor Relations Home / News & Events / Presentations & Transcripts (http://ir.rymanhp.com/index.php/events-and-presentations/presentations).

About Ryman Hospitality Properties, Inc.

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. The Company’s core holdings* include a network of five of the top 10 largest non-gaming convention center hotels in the United States based on total indoor meeting space. These convention center resorts operate under the Gaylord Hotels brand and are managed by Marriott International. The Company also owns two adjacent ancillary hotels and a small number of attractions managed by Marriott International for a combined total of 10,110 rooms and more than 2.7 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company’s Entertainment segment includes a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium, WSM 650 AM; Ole Red and Circle, a country lifestyle media network the Company owns in a joint-venture partnership with Gray Television. The Company operates its Entertainment segment as part of a taxable REIT subsidiary.

*The Company is the sole owner of Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; and Gaylord National Resort & Convention Center. It is the majority owner and managing member of the joint venture that owns Gaylord Rockies Resort & Convention Center.

Investor Relations Contacts:Media Contacts:
Mark Fioravanti, President & Chief Financial OfficerShannon Sullivan, Vice President Corporate and Brand Communications
Ryman Hospitality Properties, Inc.Ryman Hospitality Properties, Inc.
(615) 316-6588(615) 316-6725
mfioravanti@rymanhp.comssullivan@rymanhp.com
~or~~or~
Todd Siefert, Senior Vice President Corporate Finance & TreasurerRobert Winters
Ryman Hospitality Properties, Inc.Alpha IR Group
(615) 316-6344(929) 266-6315
tsiefert@rymanhp.comrobert.winters@alpha-ir.com

 


FAQ

What is the recent business update from Ryman Hospitality Properties (RHP)?

Ryman Hospitality Properties provided a business update emphasizing its status as a leading lodging and hospitality REIT specializing in upscale convention resorts.

How many hotels does Ryman Hospitality Properties (RHP) manage?

Ryman Hospitality Properties manages five of the largest non-gaming convention center hotels in the United States.

What is the significance of Ryman Hospitality Properties' real estate portfolio?

Ryman Hospitality Properties holds over 10,110 rooms and 2.7 million square feet of meeting space, positioning it strongly in the hospitality market.

Which brands are part of Ryman Hospitality Properties' entertainment segment?

The entertainment segment includes iconic brands like the Grand Ole Opry and Ryman Auditorium, along with Ole Red and Circle.

Ryman Hospitality Properties, Inc

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6.90B
58.03M
3.13%
96.99%
3.13%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States of America
NASHVILLE