Ryman Hospitality Properties, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 09:43 pm
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Ryman Hospitality Properties, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 180.31 million compared to USD 154.94 million a year ago. Revenue was USD 528.51 million compared to USD 467.76 million a year ago. Net income was USD 41.23 million compared to USD 45.24 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to USD 0.79 a year ago.
For the nine months, sales was USD 510.05 million compared to USD 418.04 million a year ago. Revenue was USD 1,525.07 million compared to USD 1,237.09 million a year ago. Net income was USD 169.09 million compared to USD 70.9 million a year ago. Basic earnings per share from continuing operations was USD 2.96 compared to USD 1.29 a year ago. Diluted earnings per share from continuing operations was USD 2.78 compared to USD 1.28 a year ago.
Ryman Hospitality Properties, Inc. is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and entertainment experiences. The Companyâs 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, which are non-gaming convention center hotels in the United States based on total indoor meeting space. It also owns the JW Marriott San Antonio Hill Country Resort & Spa, as well as two ancillary hotels adjacent to its Gaylord Hotels properties. Its hotel portfolio is managed by Marriott International and includes a combined total of 11,414 rooms, as well as more than three million square feet of total indoor and outdoor meeting space in top convention and leisure destinations across the country. The Company also owns an interest in Opry Entertainment Group.
RYMAN HOSPITALITY PROPERTIES, INC. 
