Ryman Hospitality Properties, Inc. Issues Statement Regarding Christmas Morning Explosion on Second Ave. N. in Downtown Nashv...
December 25 2020 - 1:56PM
Ryman Hospitality Properties, Inc. (NYSE: RHP) shared the following
statement from its Chairman and Chief Executive Officer, Colin
Reed, related to the Dec. 25, 2020 explosion on Second Avenue in
downtown Nashville:
“I want to express our deep concern for the
individuals and business owners who have been impacted by the early
morning explosion in downtown Nashville. We are thankful that, as
of now, no major injuries have been reported. An initial assessment
of our downtown properties revealed no damage at the Ryman
Auditorium and Ole Red Nashville and minor damage to the Wildhorse
Saloon. We do not anticipate any long-term business interruptions
due to this incident. The Wildhorse Saloon is currently closed as a
result of the ongoing COVID-19 crisis. We are in contact with our
operator and local authorities and will conduct a full inspection
of the Wildhorse Saloon as soon as we are cleared to do so. Our
Gaylord Opryland and Grand Ole Opry complexes are outside of the
downtown area and were not impacted by the explosion.
I want to thank our local, state, and federal
authorities for their diligence as they work to conduct a thorough
investigation while also ensuring safety in the downtown area in
the days ahead. Nashville is a strong and resilient community, and
we will get through this together.”
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 partnership 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.
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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