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Ryman Hospitality Properties, Inc - RHP STOCK NEWS

Welcome to our dedicated page for Ryman Hospitality Properties news (Ticker: RHP), a resource for investors and traders seeking the latest updates and insights on Ryman Hospitality Properties stock.

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a leading real estate investment trust specializing in upscale convention center resorts and country music entertainment experiences. The company's core assets include the Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort & Convention Center. These properties are among the largest non-gaming convention center hotels in the United States, featuring extensive meeting spaces and luxurious accommodations.

Ryman Hospitality Properties operates through three main segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel; Entertainment, encompassing entities like the Grand Ole Opry, Ryman Auditorium, WSM-AM, and the Circle media network; and Corporate and Other, which covers corporate expenses.

The company's Hospitality segment, managed by Marriott International, comprises a portfolio with over 11,414 rooms and more than 3 million square feet of indoor and outdoor meeting space, perfectly suited for both business and leisure travelers. In addition to its renowned resorts, Ryman Hospitality Properties holds a controlling interest in the Opry Entertainment Group, which includes iconic brands such as the Grand Ole Opry and the Ryman Auditorium.

Recent developments include the company's participation in a conference call on May 9, 2024, to discuss financial results and other updates. For those interested, the call will be available for replay and can be accessed online at Ryman Hospitality Properties' Investor Relations website.

For career opportunities, interested individuals can visit rymanhp.com/careers for positions within Ryman Hospitality Properties, the Grand Ole Opry, WSM, and the Ryman Auditorium. Opportunities at Gaylord Hotels nationwide can be found on the Marriott International and Gaylord Hotels LinkedIn pages.

Rhea-AI Summary
Ryman Hospitality Properties, Inc. (RHP) announces successful upsizing and pricing of $1.0 billion senior notes due 2032. The Notes will be senior unsecured obligations guaranteed by the Company and its subsidiaries. The net proceeds are expected to be approximately $983 million, with plans to repay existing debts and expenses.
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Ryman Hospitality Properties, Inc. (RHP) announces a private placement offering of up to $800 million senior notes due 2032. The proceeds will be used to prepay existing debts and related expenses.
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Ryman Hospitality Properties, Inc. (RHP) will release its first quarter 2024 earnings results on May 1, 2024. The conference call to discuss the results will be held on May 2, 2024, at 1:00 p.m. ET. Investors can participate by dialing 800-274-8461 with conference ID: RHPQ124. The call will be available for replay until May 9, 2024. The webcast can be accessed on Ryman Hospitality Properties' Investor Relations website.
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Ryman Hospitality Properties, Inc. (RHP) releases an investor presentation before the Raymond James & Associates’ 45th Annual Institutional Investors Conference. The Company focuses on upscale convention center resorts and country music entertainment experiences.
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Ryman Hospitality Properties, Inc. (RHP) reported strong financial results for Q4 2023 and full year 2023. The company achieved all-time quarterly revenue records, with net income of $169.9 million and net income available to common stockholders of $142.1 million. The company declared a cash dividend of $1.10 per share for Q1 2024. Operating income, Adjusted EBITDAre, and revenue all showed significant growth compared to the previous year. The Hospitality segment saw impressive performance, with record ADR and total RevPAR. Entertainment segment also achieved record results. Despite some declines in occupancy rates and revenue in certain properties, overall, Ryman Hospitality Properties had a successful year.
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Ryman Hospitality Properties, Inc. (RHP) announces participation in two investor conferences. The key executives will present financial performance and business strategy at Citi 2024 Global Property CEO Conference and Raymond James & Associates' 45th Annual Institutional Investors Conference.
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Ryman Hospitality Properties, Inc. (RHP) will present virtually at the Wolfe Research 4th Annual Real Estate Conference. Jennifer Hutcheson, CFO, will participate in a fireside chat. The webcast will be available on the company's website for replay for 30 days.
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Ryman Hospitality Properties, Inc. (RHP) provides full year 2024 guidance for its lodging real estate investment business. The company expects growth in consolidated hospitality revenue per available room (RevPAR) and total RevPAR. Operating income and adjusted EBITDAre are also projected to increase. Net income and funds from operations (FFO) are estimated to rise, with diluted income per share and adjusted FFO per diluted share showing growth. The company anticipates a steady outlook for the upcoming year.
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Ryman Hospitality Properties, Inc. (RHP) announced the 2023 tax classification of dividend distributions to shareholders. The total distribution for 2023 was $3.85, with $3.75 classified as a taxable ordinary non-qualifying dividend and $0.099164 as long-term capital gain. Shareholders are advised to consult with tax advisors for specific tax treatment.
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Ryman Hospitality Properties, Inc. announces the postponement of its Investor Day due to inclement weather and provides preliminary financial results for Q4 2023 and FY 2023. The company expects record net income and Adjusted EBITDAre for the year, with strong performance in its Hospitality and Entertainment segments.
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FAQ

What is the current stock price of Ryman Hospitality Properties (RHP)?

The current stock price of Ryman Hospitality Properties (RHP) is $110.69 as of October 8, 2024.

What is the market cap of Ryman Hospitality Properties (RHP)?

The market cap of Ryman Hospitality Properties (RHP) is approximately 6.7B.

What does Ryman Hospitality Properties specialize in?

Ryman Hospitality Properties specializes in upscale convention center resorts and country music entertainment experiences.

What are the main segments of Ryman Hospitality Properties' business?

The company operates through three main segments: Hospitality, Entertainment, and Corporate and Other.

What are some of the key properties owned by Ryman Hospitality Properties?

Key properties include Gaylord Opryland Resort & Convention Center, Gaylord Palms Resort & Convention Center, Gaylord Texan Resort & Convention Center, Gaylord National Resort & Convention Center, and Gaylord Rockies Resort & Convention Center.

Who manages Ryman Hospitality Properties' hotel portfolio?

The hotel portfolio is managed by Marriott International.

Where can potential employees find career opportunities with Ryman Hospitality Properties?

Career opportunities can be found at rymanhp.com/careers. For Gaylord Hotels, visit the Marriott International and Gaylord Hotels LinkedIn pages.

What iconic brands are part of the Opry Entertainment Group?

The Opry Entertainment Group includes the Grand Ole Opry, Ryman Auditorium, WSM-AM, and the Circle media network.

How can investors access the company's conference calls?

Investors can access conference calls via the Investor Relations section of the Ryman Hospitality Properties website.

What is the significance of the company's Hospitality segment?

The Hospitality segment generates the majority of the company's revenue and includes some of the largest non-gaming convention center hotels in the U.S.

When did Ryman Hospitality Properties merge with Gaylord Entertainment Company?

The merger took place in October 2012 after Gaylord Entertainment sold its hotel brand and management rights to Marriott International.

What is the ticker symbol for Ryman Hospitality Properties?

The ticker symbol is RHP.

Ryman Hospitality Properties, Inc

NYSE:RHP

RHP Rankings

RHP Stock Data

6.69B
59.89M
3.1%
97.46%
3.38%
REIT - Hotel & Motel
Real Estate Investment Trusts
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United States of America
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