Ryman Hospitality Properties, Inc. Overview
Pro stress-test →Ryman Hospitality Properties, Inc. (NYSE:RHP) is a REIT for federal income tax purposes, specializing in group-oriented, destination hotel assets in urban and resort markets. The company owns an approximate 70% controlling ownership interest in Opry Entertainment Group (OEG), which is composed of entities owning iconic country music brands, including the Grand Ole Opry; Ryman Auditorium; and Ole Red. The dual hospitality-entertainment model creates a distinctive destination experience.
Strategic Profile
Pro stress-test →The Company's hotel portfolio is managed by Marriott International and includes a combined total of 12,364 rooms as well as more than 3 million square feet of total indoor and outdoor meeting space. Hospitality segment revenue hit $500.9 million in Q3 2025 with future room nights booked at a record ADR of $291. The diversified customer base, contractual group bookings, and single-manager advantage provide significant downside protection and operational flexibility.
Competitive Landscape
Pro stress-test →Operating within the Real Estate and Hospitality sectors, Ryman Hospitality Properties competes with entities like SL Green Realty and CubeSmart, among others. RHP's competitive differentiation lies in its dominant portfolio of five of the top convention center hotels combined with integrated entertainment assets that create network effects and operational synergies unavailable to traditional hotel REITs.
Industry Context
Ryman Hospitality Properties, Inc. operates in Hospitality Real Estate Investment Trust (REIT) / Hotel & Entertainment Services.
Key facts
Headquarters: Nashville, US · Revenue: $2.487B (TTM)