Hospitality Segment - Ryman's Gaylord Hotels properties include five upscale resorts totaling 9,917 rooms, managed by Marriott, focusing on group-oriented meetings and leisure markets [27]. - The Hospitality segment generated approximately 85% of total revenues for the fiscal year ended December 31, 2024, while the Entertainment segment contributed about 15% [29]. - Ryman plans to invest over $1 billion in capital improvements across its hotel portfolio through 2027, including a $225 million expansion at Gaylord Opryland [31]. - Ryman's Gaylord Hotels properties were recognized as the 2023 and 2024 STELLA Award Gold Winner for best hotel chain by Northstar Meetings Group [33]. - Gaylord Opryland Resort & Convention Center has a total meeting, exhibit, and pre-function space of approximately 640,000 square feet, with plans for an expansion of 108,000 square feet as part of a nearly $225 million capital improvement plan [36]. - Gaylord Palms Resort & Convention Center features a total meeting, exhibit, and pre-function space of approximately 467,000 square feet, located near Walt Disney World [37]. - Gaylord Texan Resort & Convention Center offers approximately 488,000 square feet of total meeting, exhibit, and pre-function space, situated on 85 acres near Dallas/Fort Worth International Airport [40]. - Gaylord National Resort & Convention Center has a total meeting, exhibit, and pre-function space of approximately 501,000 square feet, located on the Potomac River [41]. - Gaylord Rockies Resort & Convention Center includes approximately 409,000 square feet of indoor meeting, exhibit, and pre-function space, with an additional 76,000 square feet of outdoor meeting space [42]. - JW Marriott San Antonio Hill Country Resort & Spa, acquired on June 30, 2023, features approximately 268,000 square feet of indoor and outdoor meeting and event space [43]. Entertainment Segment - Ryman's Entertainment segment includes a controlling 70% equity interest in Opry Entertainment Group, which encompasses various entertainment assets [28]. - The company operates six Ole Red locations, multi-level entertainment venues showcasing country music talent [50]. - The Grand Ole Opry, celebrating its 100th anniversary in 2025, is a significant entertainment asset with a capacity of approximately 4,400 [45]. - The company completed a $98 million enhancement project at Gaylord Rockies to better position the property for group customers [42]. - The company owns Block 21, a mixed-use complex in Austin, Texas, which includes a 2,750-seat entertainment venue and 251-room hotel [49]. Financial Performance and Strategy - The company has a dividend policy to distribute a minimum of 100% of REIT taxable income annually, subject to board determinations [31]. - The company faces risks related to inflation, capital-intensive operations, and potential legal claims, which could adversely affect financial performance [22]. - At December 31, 2024, borrowings outstanding under the Term Loan B were $292.8 million, with an annual interest rate of SOFR plus 2.0%, meaning a potential increase of approximately $2.9 million in annual interest cost if SOFR rises by 100 basis points [386]. - At December 31, 2024, the value of the investments in the pension fund was $51.0 million, with a potential decrease of approximately $5.1 million if the value of the investments drops by 10% [389]. - The company has hedged interest rate exposure on $100.0 million of borrowings under the OEG Term Loan, fixing the SOFR portion of interest payments through December 2025 [387]. - The company’s overall market risk exposures related to interest rates and asset values could materially affect its consolidated financial position and results of operations [390]. Employee and Corporate Culture - As of December 31, 2024, the company employed 1,929 people, with 1,047 full-time and 882 part-time employees, and 53% of the workforce were female [64]. - The company has maintained employee healthcare premium increases at or below 5% over the last three years, capping this year's increase at 2.5% [66]. - The company has a commitment to pay equity, conducting regular compensation studies to ensure competitive pay across genders and minority groups [67]. - The company offers a comprehensive benefits package, including a competitive 401(k) plan with employer match and paid parental leave of four weeks at full pay for eligible employees [72]. - The company has a people-first culture, focusing on employee engagement through regular updates and recognition programs [72]. - The company emphasizes training and development through Ryman Hospitality University, offering various professional skills and personal development courses [72]. - The company has established the RHP Foundation to formalize charitable commitments and strengthen local communities since 2005 [70]. Management Agreements and Fees - The management agreements with Marriott for Gaylord Hotels properties require a base management fee of approximately 2% to 3.5% of gross revenues, with additional incentive fees based on available cash flow [78][81][82]. - The management agreement for Gaylord Rockies requires a base management fee of approximately 3% of gross revenues and an incentive fee of 20% of available cash flow [81]. - The management agreement with Marriott requires a base management fee of 3.5% of gross revenues for the first year post-sale, increasing to 3.75% in the second year, and 4.0% thereafter, expiring in 2030 [86]. - Total Marriott base management fees incurred for 2024, 2023, and 2022 were $48.0 million, $42.8 million, and $35.1 million, respectively, reflecting a year-over-year increase of 2.8% from 2023 to 2024 [88]. - Total incentive fees incurred during 2024, 2023, and 2022 were $30.0 million, $28.5 million, and $13.5 million, respectively, indicating a significant increase of 5.3% from 2023 to 2024 [88]. Regulatory and Compliance - The company is subject to various federal, state, and local regulations, including health and safety laws, which may require capital expenditures to comply [90]. - The company’s entertainment attractions are also subject to the Americans with Disabilities Act and similar state laws, with compliance relying on Marriott under management agreements [92]. - The group convention business at Gaylord Hotels properties experiences seasonal demand fluctuations, particularly during year-end holiday periods [89].

Exhibit 99.1 Ryman Hospitality Properties, Inc. Reports Fourth Quarter and Full Year 2024 Results NASHVILLE, Tenn. (February 20, 2025) – Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust ("REIT") specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three and twelve months ended December 31, 2024. Fourth Quarter 2024 Highlights and Recent Developments: Full Year 2024 Highlights: Mark Fioravanti, Pre ...

For the quarter ended December 2024, Ryman Hospitality Properties (RHP) reported revenue of $647.63 million, up 2.3% over the same period last year. EPS came in at $2.15, compared to $2.37 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $657.3 million, representing a surprise of -1.47%. The company delivered an EPS surprise of -2.27%, with the consensus EPS estimate being $2.20.While investors closely watch year-over-year changes in headline numbers -- revenue and ea ...

Core Viewpoint - Ryman Hospitality Properties reported quarterly funds from operations (FFO) of $2.15 per share, missing the Zacks Consensus Estimate of $2.20 per share, but showing an increase from $2.08 per share a year ago [1][2]. Financial Performance - The FFO surprise for the quarter was -2.27%, while the previous quarter saw a positive surprise of 9.04% with an actual FFO of $1.93 compared to an expected $1.77 [2]. - Revenues for the quarter were $647.63 million, missing the Zacks Consensus Estimate by 1.47%, but up from $633.06 million year-over-year [3]. - Over the last four quarters, the company has surpassed consensus FFO estimates two times and revenue estimates two times [2][3]. Stock Performance - Ryman Hospitality Properties shares have declined approximately 0.8% since the beginning of the year, contrasting with the S&P 500's gain of 4.5% [4]. - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [7]. Future Outlook - The consensus FFO estimate for the upcoming quarter is $1.77 on revenues of $544.38 million, and for the current fiscal year, it is $8.84 on revenues of $2.42 billion [8]. - The estimate revisions trend for Ryman Hospitality Properties is mixed, which could change following the recent earnings report [7]. Industry Context - The REIT and Equity Trust - Other industry is currently in the bottom 33% of over 250 Zacks industries, suggesting potential challenges for stock performance [9].

NASHVILLE, Tenn., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the three and twelve months ended December 31, 2024. Fourth Quarter 2024 Highlights and Recent Developments: The Company reported all-time quarterly record consolidated revenue of $647.6 million, driven by all-time quarterly record Hospitali ...

NASHVILLE, Tenn., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the 2024 tax classification of the dividend distributions made to the Company’s shareholders. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Record DatePayment DateTotal DistributionTotal Taxable in 2024Ordinary Non-Qualifying DividendLong-term Capital Gain (20%)Nondividend Dist (Return of Capital)Eligible Sec. 199A DividendTaxable in 20 ...

The Iconic Downtown Destination is Reimagined with Polished Design, Elevated Guest Rooms, a Vibrant New Bar, and Bold Restaurant Concepts Inspired by the Brand's Revitalized Culinary VisionBETHESDA, Md., Jan. 23, 2025 /PRNewswire/ -- W Hotels, part of Marriott Bonvoy's portfolio of over 30 hotel brands, and Opry Entertainment Group, a subsidiary of Ryman Hospitality Properties, Inc., proudly announces the completion of a multi-million-dollar transformation of W Austin, the city's cultural hub for curious an ...

Expansion Adds Approximately 108,000 Square Feet of Premium, Carpeted Meeting SpaceNASHVILLE, Tenn., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company” or “RHP”), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, announced plans to add approximately 108,000 square feet of premium, carpeted meeting space to its flagship Gaylord Opryland Resort & Convention Center in Nashville, Tenn ...

- Investment Strengthens Opry Entertainment Group’s Position as a Leader for Live Events and Experiences -NASHVILLE, Tenn., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Opry Entertainment Group (“OEG”), a subsidiary of Ryman Hospitality Properties, Inc. (NYSE: RHP) (“Ryman”), announced that it has acquired a majority interest in Southern Entertainment, a live events, hospitality, and production company based in Charlotte, N.C. Southern Entertainment’s portfolio of owned or promoted music festivals includes Carolina Co ...

NASHVILLE, Tenn., Jan. 13, 2025 (GLOBE NEWSWIRE) -- In a release issued December 30 by Ryman Hospitality Properties, Inc. (NYSE:RHP), please note that the time for the conference call was listed at 10:00 a.m. ET on Friday, February 21, but the call has been moved to 11:00 a.m. ET on the same day. The updated release follows: Ryman Hospitality Properties, Inc. (NYSE: RHP) (the "Company”), a leading lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and ...