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Ryman Hospitality’s Chairman and CEO Colin Reed to Become Executive Chairman After More Than 21 Years
Ryman Hospitality Properties | October 12, 2022
NASHVILLE, Tenn., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced Chairman and Chief Executive Officer Colin Reed will transition to Executive Chairman of the Company after more than 21 years as CEO. The Company’s Board of Directors has appointed President Mark Fioravanti to succeed Reed as Chief Executive Officer, under the title President and Chief Executive Officer, effective January 1, 2023. Reed’s role as Executive Chairman will include his responsibilities as Executive Chairman of the Company’s Board of Directors and as Chairman of the Opry Entertainment Group...
Ryman Hospitality Properties Closes Acquisition of Block 21 in Austin, Texas From Stratus Properties for $260M
Ryman Hospitality Properties | June 2, 2022
NASHVILLE, Tenn., June 02, 2022 -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the Company) has closed its previously announced pending acquisition of Block 21 from Stratus Properties Inc. (NASDAQ: STRS). The mixed-use complex is located in the heart of downtown Austin and is home to lodging, retail, office and entertainment spaces, including the W Austin Hotel and the ACL Live at Moody Theater. The purchase price for the acquisition, subject to certain purchase price adjustments, totaled approximately $260 million, which includes the assumption of approximately $136 million of existing mortgage debt. Colin Reed, Chairman and Chief Execu...
Ryman Hospitality Properties, Inc. Reports Third Quarter 2020 Results
Ryman Hospitality Properties, Inc. | November 4, 2020
NASHVILLE, Tenn., Nov. 04, 2020 -- 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 third quarter ended September 30, 2020. Third Quarter 2020 Highlights: Third quarter 2020 gross advanced room night bookings of approximately 669,000 room nights for all future periods, of which approximately 158,000 or 24% were unrelated to rebooking efforts Year to date through September 30, 2020 rebooked room nights of approximately 1.01 million room...
Ryman Hospitality Properties, Inc. Reports Second Quarter 2020 Results
Ryman Hospitality Properties, Inc. | August 4, 2020
NASHVILLE, Tenn., Aug. 04, 2020 - 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 second quarter ended June 30, 2020. Second Quarter 2020 Highlights: Second quarter 2020 gross advanced room night bookings of approximately 733,000 room nights for all future years Year to date rebooked room nights through June 30, 2020 of approximately 552,600 room nights or approximately 40% of total room nights canceled related to COVID-19 Successfully reopened 4 of 5 Gay...
Ryman Hospitality Properties, Inc. Reports First Quarter 2020 Results
Ryman Hospitality Properties, Inc. | May 7, 2020
NASHVILLE, Tenn., May 07, 2020 -- 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 first quarter ended March 31, 2020. First Quarter 2020 Results (as compared to First Quarter 2019): Hospitality RevPAR decreased 20.6% and Hospitality Total RevPAR decreased 16.3% Consolidated Net Income Available to Common Shareholders declined 258.2% to a loss of $46.5 million including approximately $33 million in non-cash charges Consolidated Adjusted EBITDAre de...
Ryman Hospitality Properties and RIDA Development Corp. Announce $80 Million Expansion of Gaylord Rockies Resort & Convention Center
Ryman Hospitality Properties, Inc. | February 10, 2020
Planned Expansion to Add 317 Guest Rooms, or More Than 20 Percent, to Available Capacity NASHVILLE, Tenn., Feb. 10, 2020 -- Ryman Hospitality Properties, Inc. (NYSE:RHP) (the “Company”), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, and RIDA Development Corp. today announced plans for an $80 million, 317-room expansion of Gaylord Rockies Resort & Convention Center in Aurora, Colorado. Opened in December 2018, Gaylord Rockies was the first Marriott property to begin operations with more than 1 million net room nights on the books for all fut...
