Ryman Hospitality Properties Inc (NYSE:RHP) Q1 2020 Earnings Conference Call May 7, 2020 1:00 PM ET Company Participants Mark Fioravanti - President and Chief Financial Officer Colin Reed - Chairman and Chief Executive Officer Patrick Chaffin - Chief Operating Officer Conference Call Participants Smedes Rose - Citigroup Chris Woronka - Deutsche Bank Bill Crow - Raymond James Dori Kesten - Wells Fargo Shaun Kelley - Bank of America Merrill Lynch Patrick Scholes - SunTrust Operator Welcome to Ryman Hospital ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 73-0664379 (State or Other Jurisdiction o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Delaware 73-0664379 (State or Other Jurisdiction of Incorporation or (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone N ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q4 2019 Earnings Conference Call February 25, 2020 10:00 AM ET Company Participants Scott Lynn - EVP, General Counsel & Corporate Secretary Colin Reed - Chairman & CEO Mark Fioravanti - President & CFO Patrick Chaffin - COO Conference Call Participants Charles Scholes - SunTrust Robinson Humphrey Smedes Rose - Citigroup Shaun Kelley - Bank of America Merrill Lynch Chris Woronka - Deutsche Bank William Crow - Raymond James & Associates Operator Welcome to Ryman H ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q3 2019 Results Conference Call November 5, 2019 10:00 AM ET CompanyParticipants Scott Lynn - Executive Vice President, General Counsel, Secretary Colin Reed - Chairman & Chief Executive Officer Mark Fioravanti - President & Chief Financial Officer Patrick Chaffin - Chief Operating Officer Conference Call Participants Smedes Rose - Citi Shaun Kelley - Bank of America Chris Woronka - Deutsche Bank Operator Welcome to the Ryman Hospitality Properties Third Quarter ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 73-0664379 (State or Other Jurisdicti ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q2 2019 Earnings Conference Call August 6, 2019 11:30 AM ET Company Participants Scott Lynn - EVP & General Counsel Colin Reed - Chairman & CEO Mark Fioravanti - President & CFO Patrick Chaffin - SVP, Asset Management Conference Call Participants Smedes Rose - Citi Chris Woronka - Deutsche Bank Patrick Scholes - SunTrust Operator Welcome to Ryman Hospitality Properties Second Quarter 2019 Earnings Conference Call. Hosting the call today from Ryman Hospitality Pr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 73-0664379 (State or Other Jurisdiction of ...

Company Overview - Ryman Hospitality Properties operates as a REIT, focusing on group-oriented destination hotel assets, with a total of 8,114 rooms across four upscale resorts managed by Marriott under the Gaylord Hotels brand[83]. - The company aims to expand its hotel asset portfolio through acquisitions, particularly targeting group-oriented large hotels in urban and resort markets[93]. Financial Performance - The company reported total revenues for the three months ended March 31, 2019, with the Hospitality segment contributing 91% and the Entertainment segment contributing 9%[97]. - Total revenues for the three months ended March 31, 2019, increased by 28.6% to $370.775 million compared to $288.370 million in the same period of 2018[104]. - Operating income for the three months ended March 31, 2019, was $53.964 million, a 17.5% increase from $45.944 million in 2018[104]. - Net income decreased by 17.1% to $22.670 million compared to $27.339 million in the same period of 2018, largely due to a $15.4 million increase in interest expense[107]. - Cash flow from operating activities for the three months ended March 31, 2019, was $54,600,000, reflecting an increase from $43,900,000 in the same period in 2018[154]. Revenue Breakdown - Hospitality segment revenues increased by 27.3% to $337.510 million, driven by significant contributions from Gaylord Rockies and other properties[110]. - The company experienced a 43.0% increase in revenue for its Entertainment segment, attributed to the operations of Ole Red and increased attendance at the Grand Ole Opry[110]. - Total revenue for Gaylord Opryland increased by 7.5% to $88.958 million in Q1 2019 compared to $82.745 million in Q1 2018[118]. - Rooms revenue at Gaylord Texan surged by 24.3% to $25.205 million in Q1 2019, up from $20.280 million in Q1 2018[128]. - Gaylord National's total revenue rose by 8.0% to $65.630 million in Q1 2019, compared to $60.756 million in Q1 2018[132]. Expenses and Costs - Total operating expenses rose by 30.7% to $316.811 million, primarily due to increases in Hospitality and Entertainment segment expenses of $43.1 million and $6.3 million, respectively[106]. - Total depreciation and amortization expenses increased by 14.3% to $53.009 million, reflecting higher costs associated with the new properties[104]. - The increase in total operating expenses for Gaylord Opryland was 6.8%, totaling $67.157 million in Q1 2019, compared to $62.871 million in Q1 2018[118]. Dividends and Shareholder Returns - Ryman Hospitality Properties plans to pay a quarterly cash dividend of $0.90 per share, amounting to approximately $46.3 million for Q1 2019, with future dividends subject to board approval[90]. Capital Expenditures and Investments - The company has invested $90 million in the SoundWaves waterpark at Gaylord Opryland, which includes 111,000 square feet of indoor attractions and is expected to enhance guest experience[88]. - An expansion project at Gaylord Palms is underway, with a budget of $158 million to add 303 guest rooms and 90,000 square feet of meeting space, expected to be completed by summer 2021[89]. - Capital expenditures for the three months ended March 31, 2019, totaled $48,900,000, primarily for construction costs at Gaylord Rockies and renovations at Gaylord Opryland[156]. Debt and Interest - Interest expense increased by $15,358,000 to $32,087,000 in Q1 2019, primarily due to the Gaylord Rockies construction and mezzanine loans[146]. - The weighted average interest rate on borrowings, excluding capitalized interest, was 5.2% for the three months ended March 31, 2019, compared to 4.6% in the same period in 2018[148]. - The company must maintain a consolidated funded indebtedness to total asset value ratio of not more than 0.65 to 1.0[172]. Operational Metrics - Key performance indicators for the hospitality segment include hotel occupancy, average daily rate (ADR), and revenue per available room (RevPAR), which are critical for assessing operational performance[100]. - The occupancy rate for the Hospitality segment was 72.3%, a decrease of 2.0% from 73.8% in the previous year[110]. - The average daily rate (ADR) at Gaylord National increased by 10.2%, while outside-the-room spending at Gaylord Texan rose by 23.0%[108]. Management and Brand Strategy - Ryman Hospitality Properties leverages the Grand Ole Opry brand for revenue growth, exploring opportunities in media and retail products to enhance brand awareness and cash flow[94]. - The company emphasizes the importance of customer volume and quality in its hospitality segment, relying on Marriott's management to optimize occupancy and revenue generation[99].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10‑K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1‑13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 73‑0664379 (State ...