| Market Capitalization (Millions $) |
8,638 |
| Shares
Outstanding (Millions) |
68 |
| Employees |
1,819 |
| Revenues (TTM) (Millions $) |
2,683 |
| Net Income (TTM) (Millions $) |
280 |
| Cash Flow (TTM) (Millions $) |
1 |
| Capital Exp. (TTM) (Millions $) |
290 |
Business Description
Ryman Hospitality Properties Inc. (RHP) is a publicly traded real estate investment trust (REIT) that specializes in owning, operating, and managing hotel, entertainment, and media assets in the United States. The company was founded in 1956 as Opryland USA, a theme park in Nashville, Tennessee, that showcased country music and Southern culture. In the 1990s, Opryland USA was sold and RHP shifted its focus to hospitality and entertainment properties in Nashville and other markets.
Today, RHP owns and operates several iconic properties, including:
1. Gaylord Opryland Resort & Convention Center: A 2,888-room hotel and convention center located on 125 acres in Nashville, Tennessee. The resort features nine acres of indoor gardens, multiple restaurants and bars, a full-service spa, and a wide range of meeting and event spaces.
2. Gaylord Texan Resort & Convention Center: A 1,814-room hotel and convention center located on 125 acres in Grapevine, Texas, just outside of Dallas. The resort features multiple restaurants and bars, a full-service spa, indoor and outdoor pools, and more than 490,000 square feet of meeting and event space.
3. Gaylord Rockies Resort & Convention Center: A 1,501-room hotel and convention center located on 85 acres in Aurora, Colorado, just outside of Denver. The resort features multiple restaurants and bars, an indoor/outdoor water park, a full-service spa, and more than 485,000 square feet of meeting and event space.
4. Grand Ole Opry: The longest-running live radio show in the world, showcasing country music legends and up-and-coming artists since 1925. The Grand Ole Opry is held weekly at the Grand Ole Opry House, which is owned and operated by RHP.
5. Ryman Auditorium: A National Historic Landmark and one of the most iconic music venues in the world, located in downtown Nashville. The Ryman has hosted countless legendary acts over the years and continues to be a top concert destination today.
In addition to these properties, RHP also owns and operates the Wildhorse Saloon in Nashville, the WSM Radio network, the Nashville and Tennessee Tourism Bureau, and a number of lesser-known hotels and resorts in various states.
RHP's business model is based on owning and operating large-scale hospitality and entertainment properties in prime locations that attract tourists and conventions. The company generates revenue from room rentals, food and beverage sales, event and convention rentals, and other ancillary activities. RHP is also focused on expanding its portfolio through acquisitions and strategic investments.
Ryman Hospitality Properties is committed to sustainability, diversity, and inclusion. The company has implemented sustainable business practices across its properties, including reducing waste, conserving water and energy, and sourcing local and organic food. RHP also has a Supplier Diversity Program to encourage equal opportunity for diverse businesses in its supply chain.
Overall, Ryman Hospitality Properties is a unique and dynamic real estate investment trust with a strong focus on hospitality and entertainment assets. The company's iconic properties and commitment to sustainability and diversity make it a leader in the industry.
Company Address: One Gaylord Drive Nashville 37214 TN
Company Phone Number: 316-6000 Stock Exchange / Ticker: NYSE RHP
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