RHP 📈 Ryman Hospitality Properties - Overview

Ryman Hospitality Properties, Inc. (NYSE: RHP) is a prominent player in the lodging and hospitality real estate investment trust sector, focusing on high-end convention center resorts and entertainment experiences. The company's portfolio comprises an impressive array of properties, including the 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. Notably, these five properties are among the top seven largest non-gaming convention center hotels in the United States, boasting extensive indoor meeting space. Additionally, the company owns the JW Marriott San Antonio Hill Country Resort & Spa, as well as two ancillary hotels situated adjacent to its Gaylord Hotels properties.

The company's hotel portfolio, managed by Marriott International, encompasses a substantial 11,414 rooms, along with over 3 million square feet of combined indoor and outdoor meeting space. This impressive footprint spans top convention and leisure destinations across the country, catering to a diverse range of events and gatherings. Furthermore, Ryman Hospitality Properties has a significant stake in the Opry Entertainment Group (OEG), holding a 70% controlling ownership interest. OEG comprises a collection of iconic and emerging country music brands, including the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, and Nashville-area attractions. The company also owns Block 21, a mixed-use complex in downtown Austin, Texas, featuring the W Austin Hotel and the ACL Live at the Moody Theater. This Entertainment segment operates as a taxable REIT subsidiary, with its results consolidated in the company's financial reports.

Ryman Hospitality Properties' strategic approach to its business is reflected in its diversified portfolio, which combines the strengths of its hospitality and entertainment segments. By leveraging its extensive network of properties and brands, the company is well-positioned to capitalize on growth opportunities in the hospitality and entertainment industries. With a strong online presence, including its website at https://www.rymanhp.com, the company provides investors and stakeholders with easy access to information about its operations, financial performance, and strategic initiatives. As a common stock listed on the NYSE, Ryman Hospitality Properties is classified under the Hotel & Resort REITs sub-industry, with the ISIN code US78377T1079.