Ryman Hospitality Properties, Inc. Declares Third Quarter Dividend
September 18 2023 - 9:00AM
Ryman Hospitality Properties (NYSE: RHP) (the “Company”), today
announced that the Board of Directors has authorized, and the
Company has declared a third quarter cash dividend of $1.00 per
common share, to be paid on October 16, 2023, to stockholders of
record as of September 29, 2023.
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 entertainment
experiences. The Company’s holdings include Gaylord Opryland Resort
& Convention Center; Gaylord Palms Resort & Convention
Center; Gaylord Texan Resort & Convention Center; Gaylord
National Resort & Convention Center; and Gaylord Rockies Resort
& Convention Center, five of the top seven largest non-gaming
convention center hotels in the United States based on total indoor
meeting space. The Company also owns the JW Marriott San Antonio
Hill Country Resort & Spa as well as two ancillary hotels
adjacent to our Gaylord Hotels properties. The Company’s hotel
portfolio is managed by Marriott International and includes a
combined total of 11,414 rooms as well as more than 3 million
square feet of total indoor and outdoor meeting space in top
convention and leisure destinations across the country. RHP also
owns a 70% controlling ownership interest in Opry Entertainment
Group (OEG), which is composed of entities owning 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 OEG owns in a joint
venture with Gray Television, Nashville-area attractions, and Block
21, a mixed-use entertainment, lodging, office and retail complex,
including the W Austin Hotel and the ACL Live at Moody Theater,
located in downtown Austin, Texas. RHP operates OEG as its
Entertainment segment in a taxable REIT subsidiary, and its results
are consolidated in the Company’s financial results.
Visit RymanHP.com for more information.
Cautionary Note Regarding
Forward-Looking StatementsThis 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. These
forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from the
statements made, including, but not limited to, risks associated
with the Company’s ability to pay dividends and the Board of
Director’s ability to alter the dividend policy at any time. Other
factors that could cause actual results to differ from the
Company’s beliefs and expectations as to the outcome of future
events 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, 2022, 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.
Investor Relations Contacts: |
Media Contacts: |
Mark Fioravanti, President and Chief Executive 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~ |
Jennifer Hutcheson, Chief Financial Officer |
Robert Winters |
Ryman Hospitality Properties, Inc. |
Alpha IR Group |
(615) 316-6320 |
(929) 266-6315 |
jhutcheson@rymanhp.com |
robert.winters@alpha-ir.com |
~or~ |
|
Sarah Martin, Vice President Investor Relations |
|
Ryman Hospitality Properties, Inc. |
|
(615) 316-6011 |
|
sarah.martin@rymanhp.com |
|
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