Ryman Hospitality Properties is a real estate investment trust that specializes in the ownership and operation of hotels and entertainment venues, primarily focusing on the hospitality and leisure sectors
The company is known for its unique resort properties, often featuring venues for meetings, conferences, and various events, providing a blend of luxurious accommodations and entertainment options. Additionally, Ryman engages in the development and enhancement of its properties to create immersive guest experiences, positioning itself as a leader in the hospitality market. Through its diverse portfolio, the company aims to capitalize on travel and tourism trends, creating memorable experiences for guests while delivering value to its investors.
The consequences of hurricanes like Helene and Milton are—typically—quickly shrugged aside by markets as one-off events. That is mostly correct. But not entirely so. For some companies, the revenue and earnings hits are “unrecoverable.”
RHP stock results show that Ryman Hospitality Props missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
