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Ryman Hospitality Properties(RHP) - 2023 Q1 - Quarterly Report
2023-05-04 16:58
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, 2023 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 ...
Ryman Hospitality Properties(RHP) - 2022 Q4 - Earnings Call Transcript
2023-02-24 18:30
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]
Ryman Hospitality Properties(RHP) - 2022 Q4 - Annual Report
2023-02-24 18:24
Part I [Business](index=9&type=section&id=Item%201.%20Business) Ryman Hospitality Properties, Inc. operates as a REIT specializing in group-oriented, destination hotel assets, primarily five large-scale Gaylord Hotels managed by Marriott - The company is a REIT specializing in group-oriented, destination hotels, with its primary assets being five upscale Gaylord Hotels resorts managed by Marriott[25](index=25&type=chunk)[26](index=26&type=chunk) - The company's long-term strategy includes expanding its hotel portfolio, particularly in the group meetings sector, and leveraging its entertainment brands like the Grand Ole Opry and Ole Red[31](index=31&type=chunk)[32](index=32&type=chunk) Revenue by Business Segment (FY 2022) | Segment | Percentage of Total Revenue | | :--- | :--- | | Hospitality | 85% | | Entertainment | 15% | | Corporate and Other | 0% | Marriott Management Fees (in millions) | Fee Type | 2022 | 2021 | 2020 | | :--- | :--- | :--- | :--- | | Base Management Fees | $35.1 | $17.6 | $10.3 | | Incentive Fees | $13.5 | $0.3 | $0 | [Hotel Portfolio](index=12&type=section&id=Item%201.%20Business_Hotel%20Portfolio) The company owns five large-scale Gaylord Hotels, among the largest U.S. convention hotels, and two smaller overflow hotels, all managed by Marriott International - The company continuously invests in its properties, including the completed **$158 million** expansion of Gaylord Palms in 2021 and an ongoing **$98 million** enhancement project at Gaylord Rockies started in 2022[32](index=32&type=chunk)[38](index=38&type=chunk)[42](index=42&type=chunk) Gaylord Hotels Properties and Meeting Space | Facility | Location | Hotel Rooms | Total Exhibit and Meeting Space (sq. ft.) | | :--- | :--- | :--- | :--- | | Gaylord Opryland | Nashville, TN | 2,888 | 640,000 | | Gaylord National | National Harbor, MD | 1,996 | 500,000 | | Gaylord Palms | Kissimmee, FL | 1,718 | 496,000 | | Gaylord Texan | Grapevine, TX | 1,814 | 488,000 | | Gaylord Rockies | Aurora, CO | 1,501 | 409,000 | [Entertainment Portfolio](index=15&type=section&id=Item%201.%20Business_Entertainment%20Portfolio) The Entertainment segment, Opry Entertainment Group (OEG), includes iconic assets like the Grand Ole Opry and Ryman Auditorium, Ole Red venues, and the recently acquired Block 21 complex in Austin - In May 2022, the company acquired Block 21, a mixed-use complex in Austin, TX, which includes the ACL Live entertainment venue and the **251-room** W Austin hotel[48](index=48&type=chunk) - The company owns a controlling **70%** equity interest in Opry Entertainment Group (OEG) after a strategic transaction with an affiliate of Atairos Group, Inc. in 2022[27](index=27&type=chunk)[32](index=32&type=chunk) - The company is expanding the Ole Red brand, with a new location in Las Vegas scheduled to open in 2023[49](index=49&type=chunk) [Human Capital and ESG](index=21&type=section&id=Item%201.%20Business_Human%20Capital%20and%20ESG) The company employed **1,269** people as of December 31, 2022, emphasizing a people-centric culture with diversity, inclusion, and ESG initiatives, including a 2022 Sustainability Report - As of year-end 2022, the company employed **1,269** people (**689** full-time, **580** part-time/on-call) - Women represent **54%** of the workforce and hold **50%** of leadership positions[65](index=65&type=chunk) - The company has implemented a Diversity Council, Business Employee Resource Groups, and a Volunteer Paid Time Off Policy to reinforce its commitment to diversity, inclusion, and community engagement[68](index=68&type=chunk)[70](index=70&type=chunk) - In July 2022, the company published its first Sustainability Report, highlighting its environmental and social performance and initiatives[75](index=75&type=chunk) [Risk Factors](index=33&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks related to business operations, REIT status, and capital structure, including reliance on Marriott, sector concentration, and substantial debt of approximately **$2.9 billion** - The company's financial condition is highly dependent on Marriott's successful management of its hotel properties, as Marriott is the sole third-party manager for substantially all of the Hospitality segment's revenue[112](index=112&type=chunk)[115](index=115&type=chunk) - Concentration in the group-oriented meetings sector exposes the company to risks beyond its control, such as economic downturns affecting corporate travel and competition from publicly-financed convention centers[119](index=119&type=chunk)[124](index=124&type=chunk) - Failure to maintain REIT qualification would subject the company to corporate income tax rates and prevent it from deducting stockholder distributions, significantly reducing cash flow[164](index=164&type=chunk) - As of December 31, 2022, the company had approximately **$2.9 billion** in total debt - This substantial debt could increase vulnerability to adverse economic conditions and limit funds available for dividends and capital expenditures[195](index=195&type=chunk) [Properties](index=72&type=section&id=Item%202.%20Properties) The company's property portfolio includes seven Hospitality segment hotels, notably five large-scale Gaylord Hotels, and key Entertainment assets like the Grand Ole Opry and Block 21 complex - The Entertainment segment owns key properties including the Grand Ole Opry House, Ryman Auditorium, Ole Red Nashville, Wildhorse Saloon, and the Block 21 complex in Austin[225](index=225&type=chunk) Hospitality Segment Properties | Hotel | Location | Rooms | Meeting, Exhibit and Pre-Function Space (sq. ft.) | | :--- | :--- | :--- | :--- | | Gaylord Opryland | Nashville, TN | 2,888 | 640,000 | | Gaylord National | National Harbor, MD | 1,996 | 500,000 | | Gaylord Palms | Kissimmee, FL | 1,718 | 496,000 | | Gaylord Texan | Grapevine, TX | 1,814 | 488,000 | | Gaylord Rockies | Aurora, CO | 1,501 | 409,000 | | Inn at Opryland | Nashville, TN | 303 | 14,000 | | AC Hotel | National Harbor, MD | 192 | 3,700 | [Legal Proceedings](index=74&type=section&id=Item%203.%20Legal%20Proceedings) The company is involved in ordinary course legal actions, with management believing insurance coverage is adequate and no material financial statement impact is expected - The company is involved in ordinary course legal actions and believes existing insurance policies provide adequate coverage, with no expected material impact on financial statements[227](index=227&type=chunk) [Mine Safety Disclosures](index=74&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) No disclosures regarding mine safety are applicable or reported Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=74&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) The company's common stock trades on the NYSE under '**RHP**', with no repurchases in Q4 2022, and an intent to pay annual dividends of **100%** of REIT taxable income - The company's common stock trades on the NYSE under the symbol '**RHP**'[231](index=231&type=chunk) - No shares of the company's common stock were repurchased in the three months ended December 31, 2022[233](index=233&type=chunk) - The company intends to pay annual dividends equal to **100%** of its REIT taxable income, though this is subject to board determination and restrictions in its credit facility[235](index=235&type=chunk)[236](index=236&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=76&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) In 2022, the company achieved significant recovery with total revenues increasing **92.3%** to **$1.81 billion** and net income of **$134.9 million**, driven by Hospitality segment rebound and strategic acquisitions - In June 2022, the company sold a **30%** equity interest in Opry Entertainment Group (OEG) to an affiliate of Atairos for approximately **$296.0 million**[251](index=251&type=chunk) - In May 2022, the company acquired Block 21 in Austin, TX, for an adjusted purchase price of **$255 million**, including the assumption of **$136 million** in debt[254](index=254&type=chunk) Summary Financial Results (2022 vs. 2021) (in millions) | Metric | 2022 | 2021 | % Change | | :--- | :--- | :--- | :--- | | Total revenues | $1,806.0 | $939.4 | 92.3% | | Operating income (loss) | $327.2 | $(58.7) | 657.6% | | Net income (loss) | $134.9 | $(194.8) | 169.3% | | Diluted EPS | $2.33 | $(3.21) | 172.6% | Hospitality Segment Key Performance Indicators (2022 vs. 2021) | Metric | 2022 | 2021 | Change | | :--- | :--- | :--- | :--- | | Occupancy | 66.2% | 39.5% | +26.7 pts | | ADR | $236.86 | $221.33 | +7.0% | | RevPAR | $156.71 | $87.53 | +79.0% | | Total RevPAR | $404.69 | $209.34 | +93.3% | [Liquidity and Capital Resources](index=102&type=section&id=Item%207.%20MD%26A_Liquidity%20and%20Capital%20Resources) As of December 31, 2022, the company maintained strong liquidity with **$334.2 million** in cash and **$754.6 million** available credit, anticipating **$225 million** to **$275 million** in 2023 capital expenditures - At year-end 2022, the company had **$334.2 million** in unrestricted cash and **$754.6 million** available for borrowing under its revolving credit facilities[324](index=324&type=chunk) - The company plans to invest between **$225 million** and **$275 million** in capital expenditures during 2023[325](index=325&type=chunk) Principal Debt Balances (as of Dec 31, 2022) (in millions) | Debt Instrument | Outstanding Balance | | :--- | :--- | | $500M Term Loan B | $371.3 | | $600M Senior Notes | $600.0 | | $700M Senior Notes | $700.0 | | $800M Gaylord Rockies Term Loan | $800.0 | | $300M OEG Term Loan | $299.3 | | Block 21 CMBS Loan | $134.6 | [Critical Accounting Policies and Estimates](index=115&type=section&id=Item%207.%20MD%26A_Critical%20Accounting%20Policies%20and%20Estimates) The company's financial statements rely on critical accounting policies and estimates requiring significant judgment, including impairment assessments, credit loss estimates, and pension plan assumptions - Impairment assessment of long-lived assets requires management to make significant assumptions about future cash flows, growth rates, and holding periods[371](index=371&type=chunk)[372](index=372&type=chunk) - Estimating credit losses for the Gaylord National Bonds is complex, relying on long-term projections of hotel and property tax revenues in the Washington D.C. market through 2037[373](index=373&type=chunk)[374](index=374&type=chunk) - Pension plan accounting is sensitive to assumptions for discount rates and expected long-term return on plan assets - A **1%** change in the discount rate or rate of return could materially affect pension expense[382](index=382&type=chunk)[388](index=388&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=121&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risks include interest rate exposure on variable-rate debt, partially hedged by swaps, and fluctuations in pension plan asset values - The company is exposed to interest rate risk on its variable-rate debt, including portions of the Term Loan B, Gaylord Rockies Loan, and OEG Term Loan - It uses interest rate swaps to hedge this exposure[392](index=392&type=chunk)[393](index=393&type=chunk)[396](index=396&type=chunk) - A **100 basis point** increase in the Adjusted Term SOFR would increase annual interest cost on the unhedged portion of the OEG Term Loan (**$199.3 million**) by approximately **$2.0 million**[397](index=397&type=chunk) - The company's pension plan assets, valued at **$52.3 million**, are exposed to market risk - A **10%** decrease in the value of these investments would reduce the fund's value by approximately **$5.2 million**[399](index=399&type=chunk) [Financial Statements and Supplementary Data](index=123&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) The company's consolidated financial statements and supplementary data are included in the report, beginning on page **76** - This item incorporates by reference the company's consolidated financial statements, which begin on page **76** of the report[401](index=401&type=chunk) [Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](index=123&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) No changes in or disagreements with accountants on accounting and financial disclosure are reported [Controls and Procedures](index=123&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded that disclosure controls and internal control over financial reporting were effective as of December 31, 2022, with no material changes, excluding the recently acquired Block 21 - Management concluded that disclosure controls and procedures were effective as of December 31, 2022[403](index=403&type=chunk) - Management's assessment of internal control over financial reporting concluded that it was effective, but excluded the internal controls of Block 21, which was acquired on May 31, 2022[407](index=407&type=chunk)[408](index=408&type=chunk) [Other Information](index=125&type=section&id=Item%209B.%20Other%20Information) Effective February 23, 2023, the Board of Directors amended and restated the company's bylaws to enhance procedural mechanics and disclosure requirements for stockholder nominations and proposals - On February 23, 2023, the company's Board of Directors amended and restated the bylaws to update procedures for stockholder nominations and proposals[411](index=411&type=chunk)[419](index=419&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=127&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information on directors, executive officers, and corporate governance is incorporated by reference from the company's 2023 Proxy Statement - Information required by this item is incorporated by reference from the company's 2023 Proxy Statement[416](index=416&type=chunk) [Executive Compensation](index=129&type=section&id=Item%2011.%20Executive%20Compensation) Information on executive and director compensation is incorporated by reference from the company's 2023 Proxy Statement - Information required by this item is incorporated by reference from the company's 2023 Proxy Statement[421](index=421&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=129&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Information on security ownership by beneficial owners and management, and equity compensation plans, is incorporated by reference from the company's 2023 Proxy Statement - Information required by this item is incorporated by reference from the company's 2023 Proxy Statement[422](index=422&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=129&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information on certain relationships, related party transactions, and director independence is incorporated by reference from the company's 2023 Proxy Statement - Information required by this item is incorporated by reference from the company's 2023 Proxy Statement[423](index=423&type=chunk) [Principal Accountant Fees and Services](index=129&type=section&id=Item%2014.%20Principal%20Accountant%20Fees%20and%20Services) Information on fees paid to and services provided by the principal independent registered public accounting firm is incorporated by reference from the company's 2023 Proxy Statement - Information required by this item is incorporated by reference from the company's 2023 Proxy Statement[424](index=424&type=chunk) Part IV [Exhibits and Financial Statement Schedules](index=129&type=section&id=Item%2015.%20Exhibits%20and%20Financial%20Statement%20Schedules) This section lists financial statements, schedules, and numerous exhibits filed as part of the Annual Report on Form 10-K, including debt agreements and management contracts - The report includes financial statement schedules for Valuation and Qualifying Accounts (Schedule II) and Real Estate and Accumulated Depreciation (Schedule III)[427](index=427&type=chunk) - A comprehensive list of exhibits is provided, including key agreements such as the Sixth Amended and Restated Credit Agreement and the Investment Agreement with Atairos related to the OEG transaction[428](index=428&type=chunk)[431](index=431&type=chunk)
Ryman Hospitality Properties(RHP) - 2022 Q3 - Earnings Call Transcript
2022-11-01 20:21
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]
Ryman Hospitality Properties (RHP) Investor Presentation - Slideshow
2022-09-09 21:06
| --- | --- | --- | --- | --- | |-------------------|-------|-------|-------|-------| | | | | | | | 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(RHP) - 2022 Q2 - Earnings Call Transcript
2022-08-02 21:00
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 ...
Ryman Hospitality Properties(RHP) - 2022 Q2 - Quarterly Report
2022-08-02 18:01
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 ...
Ryman Hospitality Properties (RHP) Investor Presentation - Slideshow
2022-06-08 17:49
| --- | --- | --- | --- | --- | |--------------|----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | 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(RHP) - 2022 Q1 - Earnings Call Transcript
2022-05-03 18:39
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 ...
Ryman Hospitality Properties(RHP) - 2022 Q1 - Quarterly Report
2022-05-03 15:42
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 ...