Ryman Hospitality Properties, Inc. Announces Second Quarter 2020 Earnings Conference Call – Tuesday, August 4th, 2020, 10 a...
July 01 2020 - 04:11PM
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, announced today that it will release its second quarter
2020 earnings results before the market opens on Tuesday,
August 4, 2020. Management will hold a conference call to discuss
the quarter's results at 10:00 a.m. ET of the same day.
To participate in the conference call, please
dial 973-935-8756 and use conference ID 4586285. The call will be
available for replay through September 4, 2020 by dialing
800-585-8367 and using conference ID 4586285. This call is also
being webcast and can be accessed at Ryman Hospitality Properties’
Investor Relations website at http://ir.rymanhp.com.
About Ryman Hospitality Properties,
Inc.
Ryman Hospitality Properties, Inc. (NYSE: RHP)
is a leading lodging and hospitality real estate investment trust
that specializes in upscale convention center resorts and country
music entertainment experiences. The Company’s core holdings*
include a network of five of the top 10 largest non-gaming
convention center hotels in the United States based on total indoor
meeting space. These convention center resorts operate under the
Gaylord Hotels brand and are managed by Marriott International. The
Company also owns two adjacent ancillary hotels and a small number
of attractions managed by Marriott International for a combined
total of 10,110 rooms and more than 2.7 million square feet of
total indoor and outdoor meeting space in top convention and
leisure destinations across the country. The Company’s
Entertainment segment includes a growing collection of iconic and
emerging country music brands, including the Grand Ole Opry; Ryman
Auditorium; WSM 650 AM; Ole Red and Circle, a country lifestyle
media network the Company owns in a joint venture with Gray
Television. The Company operates its Entertainment segment as part
of a taxable REIT subsidiary.
*The Company is the sole owner of Gaylord
Opryland Resort & Convention Center; Gaylord Palms Resort &
Convention Center; Gaylord Texan Resort & Convention Center;
and Gaylord National Resort & Convention Center. It is the
majority owner and managing member of the joint venture that owns
Gaylord Rockies Resort & Convention Center.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains statements as to the
Company’s beliefs and expectations of the outcome of future events
that are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. You can identify these
statements by the fact that they do not relate strictly to
historical or current facts. Examples of these statements include,
but are not limited to, statements regarding the anticipated impact
of COVID-19 on travel, transient and group demand, the anticipated
impact of COVID-19 on our results of operations, efforts to rebook
customers for later dates in 2020 and later years, and our ability
to conduct concerts and other public events at the Grand Ole Opry
and the Ryman Auditorium. These forward-looking statements are
subject to risks and uncertainties that could cause actual results
to differ materially from the statements made. These risks and
uncertainties include, but are not limited to, the effects of the
COVID-19 pandemic on us and the hospitality and entertainment
industries generally; the effects of the COVID-19 pandemic on the
demand for travel, transient and group business (including
government-imposed restrictions); levels of consumer confidence in
the safety of travel and group gathering as a result of COVID-19;
the duration and severity of the COVID-19 pandemic in the United
States and the pace of recovery following the COVID-19 pandemic;
the duration and severity of the COVID-19 pandemic in the markets
where our assets are located; and the adverse effects of COVID-19
on our business or the market price of our common stock. Other
factors that could cause results to differ are described in the
filings made from time to time by the Company with the U.S.
Securities and Exchange Commission and include the risk factors and
other risks and uncertainties described in the Company’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2019 and
its Quarterly Reports on Form 10-Q and subsequent filings. Except
as required by law, the Company does not undertake any obligation
to release publicly any revisions to forward-looking statements
made by it to reflect events or circumstances occurring after the
date hereof or the occurrence of unanticipated events.
Source: Ryman Hospitality Properties, Inc.
Investor Relations Contacts: |
Media Contacts: |
Mark Fioravanti, President & Chief Financial Officer |
Shannon Sullivan, Vice President Corporate and Brand
Communications |
Ryman Hospitality Properties, Inc. |
Ryman Hospitality Properties, Inc. |
(615) 316-6588 |
(615) 316-6725 |
mfioravanti@rymanhp.com |
ssullivan@rymanhp.com |
~or~ |
~or~ |
Todd Siefert, Senior Vice President Corporate Finance &
Treasurer |
Robert Winters |
Ryman Hospitality Properties, Inc. |
Alpha IR Group |
(615) 316-6344 |
(929) 266-6315 |
tsiefert@rymanhp.com |
robert.winters@alpha-ir.com |
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