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Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group

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Ryman Hospitality Properties (NYSE:RHP) commented on media reports about its Opry Entertainment Group (OEG) business. The company highlighted OEG’s historic country music brands and focus on live entertainment. Ryman engaged Morgan Stanley & Co. LLC to help evaluate potential strategic partnership opportunities for OEG.

The company noted inbound interest from various organizations, sees operating OEG outside the REIT structure as important over time, and expects to remain integral to OEG’s growth. Ryman emphasized it has no agreements in place and there is no assurance any transaction will occur.

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News Market Reaction – RHP

+0.88%
+0.88% Session close to close

In the Jun 25 session, RHP gained 0.88%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights RHP’s exploration of strategic partnerships for OEG outside the REIT st...
Analysis

This announcement highlights RHP’s exploration of strategic partnerships for OEG outside the REIT structure, supported by Morgan Stanley. With no agreement yet, key risks are deal uncertainty and structure; progress updates will be important.

Historical Context

5 past events · Latest: Jun 08 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 08 Earnings call notice Neutral +1.6% Announcement of timing for upcoming Q2 2026 earnings release and call.
May 27 Investor conferences Neutral +0.7% Participation in multiple June institutional investor conferences with webcast access.
May 07 Dividend declaration Positive +0.1% Declared Q2 2026 cash dividend of $1.20 per common share.
Apr 30 Quarterly earnings Positive +1.1% Record Q1 2026 revenue, higher Adjusted EBITDAre, and raised full-year outlook.
Apr 23 Peer governance news Neutral +1.6% National Health Investors announced a CFO succession and related finance leadership changes.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent headlines for RHP have generally been followed by modestly positive price reactions.

Key Terms

reit
1 terms
reit financial
"a leading lodging and hospitality real estate investment trust that specializes in group-oriented"
A real estate investment trust (REIT) is a company that owns, operates, or finances income-producing real estate, like shopping centers, apartments, or office buildings. For investors, REITs offer a way to invest in real estate without having to buy property directly, often providing regular income through dividends. They function like a mutual fund for real estate, making it easier for people to add property investments to their portfolio.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NASHVILLE, Tenn., June 24, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and entertainment experiences, today addressed recent media reports regarding the Company’s Opry Entertainment Group (“OEG”) business. 

Colin Reed, Executive Chairman of Ryman Hospitality Properties said, “We are incredibly proud of our OEG business and of our role as stewards of these historic and iconic brands, which are deeply important to the country music community and the markets we serve. We remain focused on bringing artists and audiences together through iconic live entertainment experiences. We have previously shared our view that enabling OEG to operate outside of our REIT structure over time is important for its long-term growth trajectory, and we believe strategic partnerships can further support its growth.

With the rise in global popularity of country music and the increasing demand for live experiences, we have received inbound interest from a range of organizations seeking to partner with our entertainment business. In that context, we have engaged Morgan Stanley & Co. LLC to assist in evaluating potential opportunities. We expect to play an integral role in the continued growth of OEG irrespective of any strategic partnerships being considered.”

The Company has not entered into any agreements, and there are no assurances that any transaction will occur.

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 entertainment experiences. The Company’s holdings 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, five of the top seven largest non-gaming convention center hotels in the United States based on total indoor meeting space. The Company also owns JW Marriott Phoenix Desert Ridge Resort & Spa and JW Marriott San Antonio Hill Country Resort & Spa as well as two ancillary hotels adjacent to our Gaylord Hotels properties. The Company’s hotel portfolio is managed by Marriott International and includes a combined total of 12,364 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. RHP also owns an approximate 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning a growing collection of iconic and emerging country music brands, including the Grand Ole Opry; Ryman Auditorium; WSM 650 AM; Ole Red; Category 10; Nashville-area attractions; Block 21, a mixed-use entertainment, lodging, office and retail complex, including the W Austin Hotel and the ACL Live at the Moody Theater, located in downtown Austin, Texas. OEG manages select outdoor live music venues, including Ascend Federal Credit Union Amphitheater in Nashville and CCNB Amphitheatre in Simpsonville, South Carolina. OEG also owns a majority interest in Southern Entertainment, a leading festival and events business. RHP operates OEG as its Entertainment segment in a taxable REIT subsidiary, and its results are consolidated in the Company’s financial results.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements as to the Company’s beliefs and expectations about future events that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strictly to historical or current facts. Examples of these statements include, but are not limited to, statements regarding the future growth of the OEG business, future opportunities, and any potential transaction.  These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made. These include the risks and uncertainties associated with economic conditions affecting the OEG business generally, and the occurrence of any event, change or other circumstance that could limit the Company’s ability to capitalize on any opportunities it identifies. including those described in the filings made from time to time by the Company with the U.S. Securities and Exchange Commission (SEC) and include the risk factors and other risks and uncertainties described in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent filings. Except as required by law, the Company does not undertake any obligation to release publicly any revisions to forward-looking statements made by it to reflect events or circumstances occurring after the date hereof or the occurrence of unanticipated events.

 
Investor Relations Contacts:

Mark Fioravanti, President and Chief Executive Officer
(615) 316-6588
mfioravanti@rymanhp.com

Jennifer Hutcheson, Chief Financial Officer
(615) 316-6320
jhutcheson@rymanhp.com

Sarah Martin, Vice President, Investor Relations
(615) 316-6011
sarah.martin@rymanhp.com
Media Contact:

Shannon Sullivan, Vice President, Corporate and Brand Communications
(615) 316-6725
ssullivan@rymanhp.com



FAQ

What did Ryman Hospitality Properties (NYSE:RHP) announce about Opry Entertainment Group on June 24, 2026?

Ryman Hospitality Properties announced it is evaluating potential opportunities for Opry Entertainment Group, including possible strategic partnerships. According to the company, it has engaged Morgan Stanley & Co. LLC to assist with this review and has received inbound interest from multiple organizations.

Is Ryman Hospitality Properties (RHP) planning strategic partnerships for Opry Entertainment Group?

Ryman Hospitality Properties is considering potential strategic partnerships for Opry Entertainment Group. According to the company, rising global interest in country music and live experiences has led to inbound partnership interest, and Morgan Stanley & Co. LLC has been engaged to help evaluate these opportunities.

Has Ryman Hospitality Properties (RHP) signed any deals involving Opry Entertainment Group?

Ryman Hospitality Properties has not signed any agreements involving Opry Entertainment Group. According to the company, it is only evaluating potential opportunities, and there are no assurances that any transaction or strategic partnership will ultimately occur at this stage.

Why did Ryman Hospitality Properties (RHP) hire Morgan Stanley for Opry Entertainment Group?

Ryman Hospitality Properties hired Morgan Stanley & Co. LLC to help evaluate potential opportunities for Opry Entertainment Group. According to the company, this follows inbound interest from various organizations seeking to partner with its entertainment business amid growing demand for country music and live events.

How does Ryman Hospitality Properties (RHP) view Opry Entertainment Group’s structure and future growth?

Ryman Hospitality Properties believes Opry Entertainment Group’s long-term growth benefits from operating outside its REIT structure over time. According to the company, strategic partnerships may further support OEG’s growth, and Ryman expects to play an integral role regardless of any partnerships.