NASHVILLE, Tenn., July 31, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three and six months ended June 30, 2024. Second Quarter 2024 Highlights and Recent Developments: The Company generated record second quarter net income of $104.7 million and record second quarter net income available to common stockhold ...

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 ho ...

NASHVILLE, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) ("RHP"), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, today announced that it will present to investors attending the 2024 REITweek Conference being held in New York, NY, on Tuesday, June 4, at 2:15 p.m. ET. Mark Fioravanti, President and Chief Executive Officer, will participate ...

NASHVILLE, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) ("RHP"), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, announced today that it will release its second quarter 2024 earnings results after the market closes on Wednesday, July 31, 2024. Management will hold a conference call to discuss the quarter's results at 11:00 a.m. ET on Thur ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q1 2024 Earnings Conference Call May 2, 2024 1:00 PM ET Company Participants Jennifer Hutcheson - Chief Financial Officer Colin Reed - Executive Chairman Mark Fioravanti - President & Chief Executive Officer Patrick Chaffin - Chief Operating Officer Patrick Moore - Chief Executive Officer, Opry Entertainment Group Conference Call Participants Chris Woronka - Deutsche Bank Bill Crow - Raymond James Smedes Rose - Citi Shaun Kelley - Bank of America Dori Kesten - ...

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, 2024 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 ...

Exhibit 99.1 NASHVILLE, Tenn. (May 1, 2024) – Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three months ended March 31, 2024. First Quarter 2024 Highlights and Recent Developments: Mark Fioravanti, President and Chief Executive Officer of Ryman Hospitality Properties, said, "Our first quarter results were solid, even with ongoing re ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) 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 or Other Jurisdiction of Incorporation or Organization) One Gaylord Drive, Nashville, Tennessee 37214 (Address of Principal Executive Offices) (Zip Code) (I.R.S. Employer Identification No.) Registrant's Telephone Number, ...

Financial Data and Key Metrics Changes - The company reported a record ADR of $260 in the fourth quarter, up 2% compared to last year [34] - Banquet revenue increased by 13.5%, driven by higher contributions per group room night [34] - Adjusted EBITDAre for the entertainment business grew by 15.8%, translating into margin expansion of 340 basis points compared to last year [19] Business Line Data and Key Metrics Changes - The hospitality business is expected to invest approximately $290 million to $360 million in major projects for 2024, including renovations and expansions [21][22] - The entertainment business anticipates spending about $70 million to $80 million on ongoing projects, including the opening of Ole Red Las Vegas [23] Market Data and Key Metrics Changes - Group rooms revenue for 2024 is pacing up 8% compared to the same time last year, indicating strong demand in the group meeting segment [18] - The company noted that group demand has surpassed prior peak levels, supported by limited new supply under construction [32] Company Strategy and Development Direction - The company focuses on building strong customer relationships to drive loyalty and retention, which in turn supports overall demand [10] - The management team emphasizes a unique employee-centric model that enhances long-term customer satisfaction, particularly for group customers [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the future, citing significant visibility into future bookings and a meaningful recurring revenue stream [38] - The company anticipates that the disruptions from capital projects in 2024 will ultimately support long-term growth [38] Other Important Information - The company ended the year with $592 million of unrestricted cash and a total available liquidity of approximately $1.3 billion [29] - A dividend of $1.10 per share has been declared for the first quarter, reflecting the company's intention to pay 100% of its taxable income through dividends [30] Q&A Session Summary Question: How is the pacing in the first quarter? - Management noted a setback due to weather in Nashville but remains encouraged by group trends and increased food and beverage spending [44] Question: Will this year be the most disruptive to earnings due to renovations? - Management indicated that the next two years will have similar levels of disruption due to ongoing renovations [48] Question: How are capital projects prioritized? - Projects are prioritized based on ROI and customer feedback, ensuring that construction disruption is managed effectively [45] Question: What is the outlook for the National asset? - Management expressed satisfaction with the National's performance and noted that it is well-positioned for future growth as the market recovers [62] Question: What is the expected growth from the entertainment business? - Management indicated that the majority of growth will come from internal drivers and ongoing projects, with potential for external growth opportunities [122]

Financial Data and Key Metrics Changes - The same-store hospitality portfolio delivered adjusted EBITDAre of $135.2 million in Q3 2023, a year-over-year decline of $1.5 million, with a 90 basis point decline in adjusted EBITDAre margin due to an increase in incentive management fee expenses [5][14]. - The company updated its full year guidance range for consolidated adjusted EBITDAre to $672 million to $700 million, reflecting an increase of $4.5 million at the midpoint [14]. - The net leverage ratio of total consolidated net debt to adjusted EBITDAre was 4.3x, below the end of 2019, with 80% of outstanding debt at fixed rates [15]. Business Line Data and Key Metrics Changes - The same-store hospitality portfolio saw total revenue up 20.7%, total ADR up 22.4%, and group ADR up 16.5% compared to Q3 2019 [2]. - The Entertainment segment delivered $82.3 million in revenue and $25.6 million in adjusted EBITDAre, up 6.7% and 21% respectively compared to Q3 2022 [34]. - Approximately 695,000 group room nights were booked in Q3 2023, a 13.2% increase from the comparable period in 2022, with an average rate of $268, up 1.2% from the prior record [11]. Market Data and Key Metrics Changes - The company reported a shift in group mix to a more normalized level of corporate group room nights and banquet spend, with attrition and cancellation fees increasing to $11.3 million, up $1.3 million from 2022 [32]. - Early ticket sales for the upcoming holiday season are pacing ahead of last year, indicating strong demand [86]. Company Strategy and Development Direction - The company is focusing on enhancing customer relationships and investing in assets to improve value propositions, which translates to stronger customer loyalty and shareholder returns [88]. - The company plans to continue its differentiated strategy by building long-term group customer relationships and improving service quality [29]. - The pivot in the media distribution strategy for Circle away from linear television to streaming and digital distribution is expected to increase audience reach [35][89]. Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about margin growth in 2024, despite pressures from rising real estate taxes and insurance costs [39][40]. - The company anticipates continued strong growth in group bookings, particularly in the corporate segment, which is expected to drive catering revenue [56]. - Management is encouraged by the performance of the JW Hill Country asset and is focusing on operational efficiencies and enhancing customer experiences [44][46]. Other Important Information - The company has approximately $543.1 million in unrestricted cash and total available liquidity of about $1.3 billion [36]. - The company plans to host an Investor Day in mid-January to discuss its strategy and growth priorities [9]. Q&A Session Summary Question: Can you share thoughts about margins for next year? - Management is hopeful for margin growth next year, estimating a need for a 3.6% increase in RevPAR to maintain flat EBITDA margins [39]. Question: What are the expectations for the upcoming holiday season? - Early indications show favorable ticket sales for the holiday season, with expectations of strong demand [71]. Question: Can you discuss the decision to wind down Circle entertainment? - The decision was made to pivot towards syndicating and licensing content to increase audience reach, given the pressures on linear TV [77][89].