Ryman Hospitality Properties, Inc. (NYSE:RHP) Q4 2023 Earnings Conference Call February 23, 2024 12:00 PM ET Company Participants Jennifer Hutcheson - Chief Financial Officer Colin Reed - Executive Chairman Mark Fioravanti - President & Chief Executive Officer Patrick Chaffin - Chief Operating Officer Patrick Moore - Chief Executive Officer, Opry Entertainment Group Conference Call Participants Chris Woronka - Deutsche Bank Dori Kesten - Wells Fargo Securities Bill Crow - Raymond James Jay Kornreich - Wedbu ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q3 2023 Earnings Conference Call November 7, 2023 10:00 AM ET Company Participants Mark Fioravanti - President, CEO & Director Colin Reed - Executive Chairman Patrick Moore - CEO, Opry Entertainment Group Conference Call Participants Gregory Miller - Truist Securities Chris Woronka - Deutsche Bank Jay Kornreich - Wedbush Securities Dori Kesten - Wells Fargo Securities Operator Welcome to Ryman Hospitality Properties Third Quarter 2023 Earnings Conference Call. H ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 73-0664379 (State or Other Jurisdicti ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q2 2023 Earnings Conference Call August 4, 2023 11:00 AM ET Company Participants Jennifer Hutcheson - IR Colin Reed - Executive Chairman Mark Fioravanti - President & CEO Jennifer Hutcheson - CFO Patrick Chaffin - Chief Operating Officer Conference Call Participants William Crow - Raymond James Smedes Rose - Citi Patrick Scholes - Truist Securities Chris Woronka - Deutsche Bank Dori Kesten - Wells Fargo Shaun Kelley - Bank of America Operator Welcome to Ryman Ho ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or Delaware 73-0664379 (State or Other Jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PRO ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q1 2023 Earnings Conference Call May 4, 2023 11:00 AM ET Company Participants Jennifer Hutcheson - Investor Relations Colin Reed - Executive Chairman Mark Fioravanti - President and Chief Executive Officer Jennifer Hutcheson - Chief Financial Officer Patrick Chaffin - Chief Operating Officer Conference Call Participants Smedes Rose - Citi Shaun Kelley - Bank of America Dori Kesten - Wells Fargo Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities Bi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 73-0664379 (State or Other Jurisdiction o ...

Ryman Hospitality Properties, Inc. (NYSE:RHP) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Jennifer Hutcheson - CFO Colin Reed - Executive Chairman Mark Fioravanti - President and CEO Patrick Chaffin - CO Conference Call Participants Dori Kesten - Wells Fargo Bill Crow - Raymond James Patrick Scholes - Truist Securities Smedes Rose - Citi Chris Woronka - Deutsche Bank Jay Kornreich - SMBC Dany Asad - Bank of America Operator Welcome to Ryman Hospitality Properties Four ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13079 RYMAN HOSPITALITY PROPERTIES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 73-0664379 (State ...

Financial Data and Key Metrics Changes - The company generated total revenue of $467.8 million in Q3 2022, with net income to common shareholders of $45.2 million or $0.79 per fully diluted share [43] - Total consolidated adjusted EBITDAre for Q3 2022 was $150.1 million, exceeding the high end of the guidance range of $146 million [43] - The company anticipates full year hospitality adjusted EBITDAre of $491 million to $500 million, an increase of $13 million at the midpoint compared to the prior range [35] Business Line Data and Key Metrics Changes - The hospitality segment achieved record performance in total revenue and adjusted EBITDAre, with hotels delivering $62 million more in revenue and $28 million more in adjusted EBITDAre compared to Q3 2019, despite a 5.6 percentage point decrease in occupancy [6][10] - Leisure transient ADR reached $288, up 42% over Q3 2019, while group hotel room nights saw an 11% increase in average rate compared to the same period [10] - Banqueting revenue reached a record $122 million, the highest quarterly spend by groups across the Gaylord brand [11] Market Data and Key Metrics Changes - Group performance was broad-based across markets, with each Gaylord hotel setting records for total revenue or adjusted EBITDAre in Q3 2022 [13] - The Gaylord Rockies achieved the highest quarterly occupancy in the brand's history at 86.9% [14] - The company added 614,000 gross group room nights to its forward book of business in Q3 2022, with an average contracted rate of $252, marking a 17% increase over last year's third quarter booking ADR [16] Company Strategy and Development Direction - The company focuses on enhancing customer experience and operational efficiency, emphasizing the importance of investing in staff and management during the pandemic [7][9] - Future strategies include upgrading meeting spaces and food and beverage offerings to differentiate assets against limited supply growth in group hotels [23] - The company aims to leverage the strong demand for leisure and group bookings to drive higher rates and occupancy [20][100] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of the business despite macroeconomic concerns, noting that customer demand for regular programming is outweighing economic worries [21] - The company is optimistic about the upcoming quarters, expecting strong performance driven by holiday programming and group bookings already on the books for 2023 [34][36] - Management highlighted the importance of maintaining a disciplined approach to pricing and bookings to maximize revenue potential [60][100] Other Important Information - The company ended Q3 2022 with $224.7 million of unrestricted cash and a total liquidity of $979.3 million [45] - The net leverage ratio stood at 5.6x, with expectations to end the year at approximately 4.9x, close to pre-pandemic targets [46] - The company reinstated its quarterly dividend of $0.10 per share, totaling approximately $5.5 million [46] Q&A Session Summary Question: What drove the pickup in group room revenue on the books for T+1? - Management attributed the increase to retaining the sales team focused on rebookings, recovering lead volumes, and investments made during the pandemic [60][61] Question: Is the performance at Gaylord National running in line with expectations? - Management indicated that performance is slightly ahead of expectations, with plans for further enhancements to drive leisure occupancy [72][74] Question: What are the signs of improvement in Orlando? - Management noted that convention traffic is returning, and improvements are being seen in the Ole Red locations [85][87] Question: Can you elaborate on the put option that Atairos has? - The put option allows Atairos to request an IPO or sell their interest back to the company if certain conditions are not met by specified anniversaries [91][92]