Ryman Hospitality Pptys (RHP) Stock News

Ryman Hospitality Properties (NYSE: RHP) has announced a definitive agreement to acquire the JW Marriott Phoenix Desert Ridge Resort & Spa for $865 million. The property will continue to operate under Marriott International's JW Marriott flag. The purchase price represents a 12.7x Adjusted EBITDAre multiple on the property's 2024 results.

The resort, situated on 402 acres in Arizona's Sonoran Desert, features 950 guest rooms and 243,000 square feet of meeting space. Recent upgrades include nearly $100 million in capital investments, covering room renovations, lobby enhancement, and water amenity upgrades. The property boasts the 28,000-square-foot Revive Spa, seven dining outlets, the AquaRidge water amenity, and two golf courses.

The transaction is expected to close in Q2 or Q3 2025 and become accretive to adjusted FFO per share by 2026. The acquisition expands RHP's Western U.S. presence in Phoenix, a top 10 North American meetings market.

Ryman Hospitality Properties (NYSE: RHP), a leading lodging and hospitality REIT focused on upscale convention center resorts and country music entertainment, has announced its participation in the 2025 REITweek Conference in New York. Mark Fioravanti, President and CEO, will join an analyst-led roundtable discussion on Wednesday, June 4, at 11:45 a.m. ET. CFO Jennifer Hutcheson and VP of Investor Relations Sarah Martin will also attend.

The presentation will be available via webcast on RHP's investor relations website, with a 30-day replay option available. Interested parties should register at least 15 minutes before the presentation to ensure proper setup.

Ryman Hospitality Properties (NYSE: RHP) has declared a quarterly cash dividend of $1.15 per share for the second quarter of 2025. The dividend will be paid on July 15, 2025, to shareholders who are recorded as stockholders as of June 30, 2025. This dividend declaration comes as part of the company's regular quarterly dividend distribution program.

Ryman Hospitality Properties (NYSE: RHP), a specialized REIT focusing on upscale convention center resorts and country music entertainment experiences, has announced the release of an updated investor presentation. The presentation is now available for viewing in the Events & Presentations section of the company's Investor Relations website.

Ryman Hospitality Properties (NYSE: RHP) reported strong Q1 2025 financial results with record-breaking performance. The company achieved consolidated revenue of $587.3M, with Hospitality segment revenue of $497.7M and Entertainment segment revenue of $89.6M. Net income reached $63.0M, up 47.4% YoY. The company booked over 363,000 Gross Definite Room Nights at a record ADR of $284. Key metrics showed improvement with RevPAR growing 10.2% and Total RevPAR up 9.1%. However, due to macroeconomic uncertainty affecting near-term meeting planner decisions, RHP lowered its full-year outlook for Hospitality RevPAR and Total RevPAR growth while maintaining its consolidated net income and Adjusted EBITDAre guidance.

Kohl's (NYSE: KSS) has announced an immediate CEO transition, with Michael Bender appointed as Interim CEO following the termination of Ashley Buchanan for cause. The termination resulted from an investigation that revealed Buchanan violated company policies through undisclosed conflicts of interest in vendor transactions. The Board emphasized that the termination was unrelated to company performance or financial reporting. Bender, who has served as a Board Director since 2019 and Board Chair since 2024, brings over 30 years of retail leadership experience. The company also released preliminary Q1 2025 expectations, projecting comparable sales decline of -4.3% to -4.0%, operating income of $40-45 million, and diluted EPS ranging from ($0.24) to ($0.20). Kohl's operates over 1,100 stores nationwide, serving more than 60 million customers.

Ryman Hospitality Properties (NYSE: RHP), a leading lodging and hospitality REIT focused on upscale convention center resorts and entertainment experiences, has scheduled its first quarter 2025 earnings announcement. The company will release its Q1 2025 results after market close on Thursday, May 1, 2025, followed by a conference call on Friday, May 2, 2025 at 12:00 p.m. ET.

Investors can participate in the conference call by dialing 800-274-8461 using conference ID: RHPQ125. A replay will be available through May 9, 2025, via 800-934-3032. The call will also be webcast on the company's investor relations website.

Ryman Hospitality Properties (NYSE: RHP), a lodging and hospitality REIT focused on upscale convention center resorts and country music entertainment experiences, has released an updated investor presentation. The presentation is available on the company's website under the Investor Relations section, specifically in Events & Presentations.

The updated materials come ahead of RHP's participation in two major institutional investor conferences: Citi's 30th Annual Global Property CEO Conference and Raymond James & Associates' 46th Annual Institutional Investors Conference.

Ryman Hospitality Properties (NYSE: RHP), a leading lodging and hospitality REIT focused on upscale convention center resorts and country music entertainment, has announced its participation in two major institutional investor conferences.

The company's leadership team, including President and CEO Mark Fioravanti and EVP/CFO Jennifer Hutcheson, will present at:

• The Citi 30th Annual Global Property CEO Conference on March 4, 2025, at 7:30 a.m. ET
• The Raymond James & Associates' 46th Annual Institutional Investors Conference on March 5, 2025, at 9:15 a.m. ET

Both presentations will be webcasted and available on RHP's website, with replays accessible for one year and 90 days respectively.