(RHP) Ryman Hospitality Properties - Ratings and Ratios

Ryman Hospitality Properties, Inc. (NYSE: RHP) stands as a prominent player in the lodging and hospitality sector, operating as a real estate investment trust (REIT) with a sharp focus on high-end convention centers and immersive entertainment experiences. Their portfolio boasts an impressive lineup 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 the Gaylord Rockies Resort & Convention Center. These properties are not just notable for their luxury but also for their scale—each ranks among the top seven largest non-gaming convention center hotels in the U.S., based on total indoor meeting space.

What truly sets RHP apart is the sheer size and quality of their meeting spaces, which combined exceed 3 million square feet, both indoors and outdoors. This makes them a go-to destination for large-scale events, conferences, and gatherings. Their strategic locations in major convention and leisure markets—such as Nashville, Orlando, Dallas, Washington, D.C., and Denver—position them perfectly to capitalize on both business and leisure travel. Additionally, RHP owns the JW Marriott San Antonio Hill Country Resort & Spa and two smaller hotels adjacent to their Gaylord properties, further diversifying their offerings.

The company’s hotel operations are managed by Marriott International, a partnership that ensures high standards of service and operational efficiency. With a combined total of 11,414 rooms, RHP’s scale is significant, and their properties are designed to cater to a wide range of travelers, from convention attendees to vacationers seeking luxury and entertainment. This combination of scale, prime locations, and strong brand partnerships creates a compelling value proposition for investors looking for exposure to the hospitality and convention sectors.

Beyond its core hospitality business, RHP also holds a 70% controlling interest in Opry Entertainment Group (OEG), a collection of iconic and emerging country music brands. This includes the Grand Ole Opry, the Ryman Auditorium, WSM 650 AM, and Ole Red, among others. OEG also owns Block 21 in downtown Austin, Texas, a mixed-use complex that features the W Austin Hotel and the ACL Live at the Moody Theater. This entertainment segment not only diversifies RHP’s revenue streams but also taps into the growing demand for experiential entertainment, making it a unique aspect of the company’s portfolio.

From a financial perspective, RHP operates with a market capitalization of approximately $6.189 billion, reflecting its substantial size and market presence. The company’s trailing P/E ratio of 17.75 and forward P/E of 20.58 indicate a moderate valuation, with the forward P/E suggesting expectations