Ryman Hospitality Properties, Inc. Announces Quarterly Dividend for the Third Quarter
Ryman Hospitality Properties Expands its Entertainment Empire
Ryman Hospitality Properties, a leading lodging and hospitality real estate investment trust, is making waves in the industry with its focus on upscale convention center resorts and entertainment experiences. The company, which operates Opry Entertainment Group as its Entertainment segment, boasts a growing collection of country music brands.
At the helm of Ryman Hospitality Properties is Mark Fioravanti, who was appointed as chairman before taking office. The company owns an approximate 70% controlling ownership interest in Opry Entertainment Group, which includes the Grand Ole Opry, Ryman Auditorium, WSM 650 AM, Ole Red, Category 10, and several Nashville-area attractions.
Ryman Hospitality Properties' hotel portfolio, managed by Marriott International, comprises a total of 12,364 rooms across the countries. The company's holdings include five of the top seven largest non-gaming convention center hotels in the United States. With more than 3 million square feet of total indoor and outdoor meeting space, these hotels are strategically located in top convention and leisure destinations.
Among the properties under Ryman Hospitality Properties are the JW Marriott Phoenix Desert Ridge Resort & Spa and JW Marriott San Antonio Hill Country Resort & Spa. The company's hotels offer a blend of luxury and entertainment, making them popular choices for both business and leisure travellers.
The Board of Directors has the ability to alter the dividend policy at any time, providing flexibility in the distribution of profits to shareholders. However, it's important to note that any forward-looking statements about the Company's future performance, financial results, and ability to pay dividends are subject to risks and uncertainties. These risks are described in the company's filings with the U.S. Securities and Exchange Commission.
For media inquiries, please contact Shannon Sullivan, while investors may reach out to Mark Fioravanti, Jennifer Hutcheson, or Sarah Martin.
Ryman Hospitality Properties continues to redefine the hospitality industry with its unique blend of entertainment and luxury accommodations. As the company continues to grow and evolve, it remains committed to delivering exceptional experiences to its guests and shareholders alike.
