Financial Data and Key Metrics Changes - In Q4 2022, the company generated total revenue of $568.9 million, with net income to common shareholders at $58.1 million or $1.03 per fully diluted share, representing a growth of 12.3% over 2022 and 14.5% over 2019 [64][65] - The hospitality margin in Q4 was 31.1%, which was 30 basis points less than Q4 2019 but flat when excluding the decline in interest income on the Gaylord National bonds [23] - Total consolidated adjusted EBITDAre for Q4 was $168.1 million, exceeding the high end of the recent guidance by over $17 million [55] Business Line Data and Key Metrics Changes - The hospitality segment delivered $150.1 million of adjusted EBITDAre in Q4, with full-year profitability $12.7 million above the high end of the last guidance range for 2022 [45] - Same-store revenue for the hospitality segment was up 35%, and same-store adjusted EBITDAre was up 62% compared to Q4 2019 [38] - The entertainment segment's adjusted EBITDAre for 2022 was projected to be between $87 million to $97 million, significantly transforming compared to 2019 [40] Market Data and Key Metrics Changes - The company entered 2023 with 49.8% net group occupancy points on the books, 4 points higher than the start of 2022, and an ADR of $222, which is 5% higher than the start of 2022 [33] - The company noted that three of its five markets (Orlando, Nashville, and Dallas) were in the top 7 large metro areas for population growth over the last five years [37] Company Strategy and Development Direction - The company aims to induce transient demand through innovative programs and has seen significant recovery and transformation post-pandemic [20][29] - The strategy includes significant capital investments in expanding and upgrading assets against limited new supply, with a focus on high-quality, purpose-built assets [27][37] - The company is also investing in food and beverage improvements and sustainability initiatives, such as solar panel installations [118] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery trajectory, with expectations for RevPAR growth of 9% to 12% and total RevPAR growth of 6.5% to 9.5% for 2023 [34] - The company anticipates continued headwinds from wage rate increases but expects to offset these through productivity gains and pricing strategies [100][87] - Management highlighted a strong lead volume for group bookings and a positive outlook for the corporate segment [72][112] Other Important Information - The company declared a quarterly dividend of $0.75 per share, a significant increase from the previous $0.25 [58] - The company ended the quarter with $334.2 million of unrestricted cash and a $700 million revolving credit facility that remained undrawn, indicating strong liquidity [66] Q&A Session All Questions and Answers Question: Expectations for cancellation and attrition fees this year - The company expects cancellation and attrition fees to be in the $20 million to $25 million range, a substantial reduction from the previous year [70] Question: Guidance for the second half of the year - Management indicated that as the year progresses, comparisons to 2019 will become tougher, suggesting potential flattish performance in the second half [76] Question: Current view on the National hotel and Chula Vista project - Management expressed satisfaction with the renovation work at the National hotel and indicated no desire to invest in the Chula Vista project [90][103] Question: Wage and benefit cost increases - The company anticipates wage rate increases of 5% to 6% in 2023, with efforts to offset these through productivity gains [87] Question: Forward booking activity and macro concerns - Management noted that while there was initial caution due to tech sector layoffs, lead volumes have been promising, indicating a recovery in confidence among meeting planners [86] Question: Group bookings composition for 2023 - The company expects a higher proportion of corporate bookings compared to previous years, with positive trends in lead volumes [112] Question: Key drivers of the entertainment business - Management highlighted growth opportunities in both physical venues and digital distribution, aiming to create a stand-alone live entertainment and media business [145]

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, 2022 ☐ 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 ...

Financial Data and Key Metrics Changes - The company generated total revenue of $467.8 million in Q3 2022, with net income to common shareholders of $45.2 million or $0.79 per fully diluted share [43] - Total consolidated adjusted EBITDAre for Q3 2022 was $150.1 million, exceeding the high end of the guidance range of $146 million [43] - The company anticipates full year hospitality adjusted EBITDAre of $491 million to $500 million, an increase of $13 million at the midpoint compared to the prior range [35] Business Line Data and Key Metrics Changes - The hospitality segment achieved record performance in total revenue and adjusted EBITDAre, with hotels delivering $62 million more in revenue and $28 million more in adjusted EBITDAre compared to Q3 2019, despite a 5.6 percentage point decrease in occupancy [6][10] - Leisure transient ADR reached $288, up 42% over Q3 2019, while group hotel room nights saw an 11% increase in average rate compared to the same period [10] - Banqueting revenue reached a record $122 million, the highest quarterly spend by groups across the Gaylord brand [11] Market Data and Key Metrics Changes - Group performance was broad-based across markets, with each Gaylord hotel setting records for total revenue or adjusted EBITDAre in Q3 2022 [13] - The Gaylord Rockies achieved the highest quarterly occupancy in the brand's history at 86.9% [14] - The company added 614,000 gross group room nights to its forward book of business in Q3 2022, with an average contracted rate of $252, marking a 17% increase over last year's third quarter booking ADR [16] Company Strategy and Development Direction - The company focuses on enhancing customer experience and operational efficiency, emphasizing the importance of investing in staff and management during the pandemic [7][9] - Future strategies include upgrading meeting spaces and food and beverage offerings to differentiate assets against limited supply growth in group hotels [23] - The company aims to leverage the strong demand for leisure and group bookings to drive higher rates and occupancy [20][100] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business despite macroeconomic concerns, noting that customer demand for regular programming is outweighing economic worries [21] - The company is optimistic about the upcoming quarters, expecting strong performance driven by holiday programming and group bookings already on the books for 2023 [34][36] - Management highlighted the importance of maintaining a disciplined approach to pricing and bookings to maximize revenue potential [60][100] Other Important Information - The company ended Q3 2022 with $224.7 million of unrestricted cash and a total liquidity of $979.3 million [45] - The net leverage ratio stood at 5.6x, with expectations to end the year at approximately 4.9x, close to pre-pandemic targets [46] - The company reinstated its quarterly dividend of $0.10 per share, totaling approximately $5.5 million [46] Q&A Session Summary Question: What drove the pickup in group room revenue on the books for T+1? - Management attributed the increase to retaining the sales team focused on rebookings, recovering lead volumes, and investments made during the pandemic [60][61] Question: Is the performance at Gaylord National running in line with expectations? - Management indicated that performance is slightly ahead of expectations, with plans for further enhancements to drive leisure occupancy [72][74] Question: What are the signs of improvement in Orlando? - Management noted that convention traffic is returning, and improvements are being seen in the Ole Red locations [85][87] Question: Can you elaborate on the put option that Atairos has? - The put option allows Atairos to request an IPO or sell their interest back to the company if certain conditions are not met by specified anniversaries [91][92]

| --- | --- | --- | --- | --- | |-------------------|-------|-------|-------|-------| | | | | | | | Operational and | | | | | | dividend update | | | | | | September 6, 2022 | | | | | 1 2 2 Forward looking statements This presentation may contain "forward-looking statements" of Ryman Hospitality Properties, Inc. (the "Company") 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. Exa ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Colin Reed - Chairman, CEO Jennifer Hutcheson - CFO Mark Fioravanti - President Patrick Chaffin - COO Conference Call Participants Dori Kesten - Wells Fargo Smedes Rose - Citi Jay Kornreich - SMBC Bill Crows - Raymond James Chris Woronka - Deutsche Bank Operator Welcome to Ryman Hospitality Properties Second Quarter 2022 Earnings Conference Call. Hosting the call today for Ryman Hos ...

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, 2022 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 ...

| --- | --- | --- | --- | --- | |--------------|----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | Block 21 Acquisition | | | | | | and Investor Update | | | | | June 1, 2022 | | | | | 1 2 2 Forward looking statements This presentation may contain "forward-looking statements" of Ryman Hospitality Properties, Inc. (the "Company") as defined in the Private Securities Litigation Reform Act of 1995. You can identify these statements by the fact that they do not relate strict ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q1 2022 Earnings Conference Call May 3, 2022 9:00 AM ET Company Participants Jennifer Hutcheson - Chief Financial Officer Colin Reed - Chairman & Chief Executive Officer Mark Fioravanti - President Patrick Chaffin - Chief Operating Officer Conference Call Participants Shaun Kelley - Bank of America Merrill Lynch Bill Crow - Raymond James Smedes Rose - Citi Dori Kesten - Wells Fargo Chris Woronka - Deutsche Bank Jay Kornreich - SMBC Operator Welcome to Ryman Hosp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) One Gaylord Drive Nashville, Tennessee 37214 (Address of Principal Executive Offices) (Zip Code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 (615) 316-6000 or (Registrant's Telephone Number, Including Area Code) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commis ...

AL ESTATE INVESTM Raymond James Institutional Investors Conference March 7, 2022 1 Forward looking statements 2 This presentation may contain "forward-looking statements" of Ryman Hospitality Properties, Inc. (the "Company") 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 performance of ...